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JAB Recruitment is currently sourcing for a Senior Asset Accountant to join our client’s Finance Department in Aberdeen. This role offers the opportunity to work within a dynamic environment, ensuring compliance and delivery of all Joint Venture accounting activities in accordance with company policies and procedures.
A Compressed Working Week (CWW) arrangement is available, allowing employees and contractors to work 75 hours over 9 days (instead of 10 days) within a two-week period, with the 10th day designated as a non-working “Flex Friday.”
Basic Purpose of the Role
To ensure compliance and delivery of all Joint Venture accounting activities in accordance with company policies and procedures.
Key Responsibilities
* Deliver effective accounting and financial reporting for the assigned Asset area in compliance with policies and procedures.
* Manage Person Responsible for Expenditure (PRE) processes, including post-lock Forecast Tool review.
* Prepare and review accurate monthly/quarterly asset forecasts with Asset Managers.
* Prepare and review Asset Budgets with Asset Managers.
* Review and control Authorisation for Expenditures (AFEs).
* Review monthly accrual entries, including prior year releases.
* Review and approve payment requests, invoices, journals, and JV billings prior to issue to partners.
* Review non-operated billings from other Operators, raising queries and ensuring approvals.
* Undertake JV-specific activities as applicable.
* Prepare/review monthly asset report and partner report commentary, liaising with asset managers and commercial representatives.
* Prepare/review monthly corporate variance commentaries.
* Review key account reconciliations and manage reconciliation issue lists, ensuring follow-up actions.
* Prepare/review Tax Packs on a biannual basis (as applicable).
* Maintain master data within the Oracle ERP system.
* Coordinate JV audits for Operated assets and support audits for Non-operated assets.
* Liaise with external auditors as required.
* Represent Finance at Asset OCM meetings.
* Supervise and develop JV assistant accountant.
Qualifications, Experience & Skills
Essential Qualifications:
* Degree in accounting or related subject.
Essential Experience & Skills:
* Experience in Joint Venture accounting practices within an Oil & Gas Operator.
* Proficiency in Microsoft Office products.
Preferred:
* Experience with Oracle ERP.
Additional Skills:
* Self-motivated with the ability to meet deadlines.
* Analytical with excellent attention to detail.
* Strong organisational and planning skills.
* Good report-writing ability.
Interactions
Internal:
* Finance team
* Asset Managers
* JV commercial representatives
* PREs for assigned areas
* Other departments as required
External:
* JV partners
* JV and statutory auditors
Seniority level
* Seniority level
Not Applicable
Employment type
* Employment type
Contract
Job function
* Job function
Accounting/Auditing and Finance
* Industries
Services for Renewable Energy
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