Post Courier Meeting KPHL’s Accounting Needs

Originally from the Ambunti-Dreikikier district in the province of East Sepik, Fabian Kuias, after obtaining his Bachelor of Commerce degree with a major in accounting from the University of the Divine Word in 2007, joined the accountants of PricewaterhouseCoopers the following year.

At PwC, he was attached to the audit and corporate assurance division until 2012 when he resigned as senior accountant to work for Ernst & Young accountants for a year. . In June 2013, he left that company to join Kumul Petroleum Holdings, then known as the National Petroleum Company of PNG (NPCP), as a financial accountant.

“I wanted to experience working with an oil and gas company because the oil industry was growing in PNG at the time with the construction of the PNG LNG project,” Fabian said.

“Second, it was an opportunity to serve the government and people of PNG through the experience I had gained working with different accounting firms. Since the recent creation of KPHL, it was also an opportunity to start working with the company in its early stages. »
In 2015, he was appointed JV & Project Accountant of KPHL until 2019 when he resumed his position as Financial Accountant.

Fabian held the position of financial controller from June 2020 to January 2022 before returning to his position as financial accountant.

His role as a financial accountant is to ensure the accuracy and completeness of financial information and to ensure legal compliance, in collaboration with tax accountants, auditors and other stakeholders. He oversees accounts payable and receivable, payroll, joint ventures and projects and is also responsible for the company’s accounting policies and procedures.

Fabian Kuias believes that by learning and working with other professional colleagues and stakeholders, Kumul Petroleum can grow and become more involved in the petroleum industry and serve the interests of the state.

“My personal goal is to continue to work with KPHL to best serve its accounting needs and also to see it become a major player in the oil industry in the country, involved in all future oil and gas projects and one day become operator of an oil and gas project in the country,” he said.

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