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Drilling accountant

Aberdeen
Orion
Accountant
Posted: 6 July
Offer description

Our Oil & Gas Operator client is currently recruiting for the position of Drilling Accountant, based in their city centre offices in Aberdeen.
Ideally you will have had experience supporting a drilling department within an Operator business and used to joint venture assets.
The role involves being in the office 5 days a week although they do operate a 9-day fortnight over the summer months.
Immediate start for a 2-year PAYE contract.
Responsibilities:

* Build a cost tracker to allow detailed tracking of activity and expenditure against Authorisation for Expenditure (AFE) and sanction. Review contracts and incorporate relevant assumptions.
* Complete detailed cost tracking of the program and meet with the Drilling and Completions Team at least weekly to review and agree well costs reporting to internal and external stakeholders. Constructively challenge cost estimates, variations and spend to drive value and cost control across the campaign
* Preparation of the monthly project cost report which will include expenditure to date and project forecast compared to AFE, Budget/ Sanction and prior forecast. Provide analysis of key variances and project cost opportunities and threats and communicate these effectively to the company's teams, the Project Steering Group and Joint Venture Partners at least monthly. Provide early visibility to material deviations from plan.
* Collate monthly value of work done (VOWD) estimates and critically review accrual levels to ensure that the company's monthly financial reporting is accurate.
* Deal in multiple currencies recognising threats that may occur from FX volatility and update forecasts accordingly
* Support colleague in invoice compliance.
* Prepare analysis and commentary for Quarterly Partner Reports and support Board paper variance commentary
* Be aware of commercial arrangements relating to your area of responsibility and ensure these are correctly reflected in forecasts, budgets, and plans and are followed appropriately.
* Completion of well reconciliations within 6 months of end of well
* Audit co-ordination for D&C Team during partner audits
* Provide corporate reporting team with understanding of costs and activity.
* Preparation of AFE's (Internal and External) and control expenditure against these, ensuring supplementary AFEs where required are issued in advance eof expenditure being committed,
* Ensure Inventory is recorded correctly between Well AFEs and Inventory and that there are no variances between the inventory system (Maximo) and the financial system (Sun Accounts)
* Mentor and coach less experienced colleagues as appropriate,
Specific Requirements:
* Prior oil & gas Operator experience and have worked in a similar role.
* Educated to degree standard or equivalent.
* Confidence to challenge and ask pertinent questions.
* Strong analytical skills and ability to focus on the important issues.
* Ability to manage time to ensure most value adding activities are prioritised.
* Good working knowledge of oil and gas exploration and production business in particular with respect to drilling operations.
* A good working knowledge of Microsoft Excel is required to perform this role competently.
* Ability to coach more junior members of the team and provide leadership to the wider team if situation requires it.
Preferred But Not Essential:
* Experience of working with Maximo7.6 Wellview10.2, Sun Accounts/Vision and Microsoft Office applications will be an advantage although training will be given as required
* The candidate will hold a recognised Professional Accountancy Qualification
Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment. #J-18808-Ljbffr

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