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  • Job reference: RMS0226775

G&A Cost Accountant

  • Sector: Oil & Gas
  • Location: Aberdeen
  • Job type: Permanent
  • Date posted: 02/09/2020
  • Duration: staff
This vacancy has now been filled.

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The Role:
Reporting To General Accounting Team Lead the cost accountant role is to ensure that personnel and supplier invoiced costs are coded to the correct departments and costs codes in line with Premier's Gross G&A coding procedure; taking specific account of specific cost categories (POOCN, POOCD, POOCC, POOCG) which are key parameters in the cost allocation process.

The cost accountant will prepare and post monthly cost accruals in SUN financials to ensure that year to date departmental costs are accurately reported.
The cost accountant will also prepare cost reports for reviewing with department managers to confirm year to date costs and agree full year cost forecasts.
The cost accountant will also prepare the monthly G&A Model and the BUR for both G&A costs and headcount reporting
The cost accountant will review the cost codes on all supplier invoices prior to payment, make coding corrections as necessary and encourage continuous improvement in the coding process.
The role will also be required to assist in G&A and Statutory Audits along with the annual budgeting schedules
The cost accountant role will also be required to assist the G&A Team Lead with other G&A duties as required.
In addition to G&A costs, the role will provide cover for performing multi-venture cost allocations associated Materials and logistics areas.

Key Accountabilities
1 Review all coding on supplier invoices, correcting the codes as required and maintain coding guides for department costs.
2 Meet with The HR Advisors on a monthly basis to prepare headcount forecast to upload in TM1
3 Review costs to ensure that headcount changes are applied to the correct departments
4 Review all costs charged to departments, prepare monthly cost accruals and post to SUN financials.
5 Prepare and issue year to date cost reports including timewriting on a monthly basis to review with department managers addressing any queries from the meetings
6 Revise full year cost forecasts with department managers and upload the revised forecast into TM1.
7 Prepare monthly G&A model and BUR in accordance to the monthly timetable.
8 Prepare monthly balance sheet reconciliations related to G&A.
9 Monitor completion of timesheets in SharpOwl and engage with the business to ensure their time-writing is up to date.
10 Assist G&A Team Lead in annual tasks e.g. budgets, G&A Audit, Statutory Audits
11 Provide cover for share costs allocations and other accounting aspects of materials and logistic cost accounting

Essential Skills / Qualifications:
Preferably degree qualified in finance / business studies or similar.
Part qualified accountant.
Relevant experience as a cost accountant is more important.

Candidate Profile (include Skills & Experience, Attributes, Behaviours)
Understand the nature of onshore department G&A costs and the G&A cost allocation process in an upstream oil & gas company.
Proven experience in preparing cost accounts, cost reports and cost forecasts.
A motivated self-starter, proactive, flexible and able to respond positively to challenges and other ad-hoc requests

Additional Role Requirements
Proficient use of Microsoft office, particularly Excel.
Proficient use of systems such as / similar to:
* SunSytems accounting system
* SUN Vision query tool
* IBM TM1 enterprise planning
* IBM Maximo procure to pay module

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