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  • Job reference: RMS0178256

Financial Analyst

  • Sector: Oil & Gas
  • Location: Denmark
  • Job type: Contract
  • Date posted: 07/04/2017
  • Duration: ongoing
  • Time left:
    d h m s
This vacancy has now expired.
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The Company:
Our Client has operations in the world's most important oil and gas regions and are leaders in working in extremely difficult environments. They have interests in many offshore producing fields in the UK, including five operated fields and five partner-operated fields. The company also has interests in Denmark, the Faroe Islands, the Netherlands and Norway. The client is the largest private producer of oil in Kazakhstan and the top O&G producer in Thailand. They produce almost half of the crude

The Role:
Financial Forecasting and Corporate Reporting

* Prepare Full year forecasts and profit indicators on a monthly basis
* Prepare Denmark (DUC) capital expenditure forecast for inclusion in Capital Allocation Team (CAT) reporting, and respond to enquiries and update as appropriate.
* Manage ad hoc reporting and forecast request
* Provide financial inputs and reviews for the annual B-Plan model to ensure optimal reporting of results relative to plan.

Fixed Asset and JV Accounting

* Determination of Opex/Capex allocation, asset retirement obligation and disposal accounting in compliance with CVX accounting policy, US and Danish GAAP.
* Prepare yearly DD&A panels for Danish operations, and ensure appropriate booking of monthly depreciation and accretion.
* Review and acceptance of monthly JV billing from DK and Greenland companies.
* Maintain appropriate and continuous contacts with peers in JV partner organizations.
* Fixed asset reconciliation and ensuring that completed assets under construction are closed in a timely basis.

Statutory and Local Government Reporting

* Submission of all Danish regulatory and statistical reporting requirements
* Preparation and Reporting of Danish and international VAT activity
* Update and maintenance of Transfer Pricing Documentation for activity within scope of responsibility
* Assist in the preparation of Annual Statutory Financial Statements for Danish companies

Cost allocations and expenditure tracking

* Works closely with the Technical team and management to ensure appropriate project approvals, cost tracking and look-backs
* Manage AFE and GO-113 processes to ensure adequate approvals and documentation is in place for billings received
* Manage SAP structure and cost recording practice to ensure effective reporting
* Manage corporate allocations and ensure proper management of direct and indirect service charges

Inventory - Cost accounting, Valuation and LIFO:

* Preparation of monthly inventory on a LIFO basis (Corporate books)
* Preparation of monthly inventory on a WACOG basis (Local Statutory books)
* Monthly SSR reporting

Describe Scope Factors:
* Sensitive to diversity issues in and around the Copenhagen office
* Works within an integrated team both on an intercultural level as well as skills/interests
* Seeks input from various groups and teams to improve decision making
* Functions with considerable latitude in dealing with significant and complex issues
* Provides input and represents Finance on business related studies
* Demonstrates strong analytical skills in all business dealings
* Uses recourses and information networks to achieve impact

Direct Customer Base
* Primary: Country & Finance Managers, ABE and Corp., Local authorities
* Secondary: All staff & contractors within CUE.

About Fircroft:
Fircroft has been placing people in specialist technical industries for approaching half a century, focusing on mid to senior level engineers for contract and permanent roles worldwide. By applying for this job you give consent for Fircroft to contact you, via email & telephone, to discuss your application along with future positions and Fircroft's services.

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