Senior Asset Accountant

Job Details

Senior Asset Accountant

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.

• Professional accounting qualification (e.g., ICAS, CIMA, ACCA).

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:

• Strong communication 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

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