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  • Job reference: RMS0102912

Joint Venture Accountant

  • Sector: Oil & Gas
  • Location: Aberdeen
  • Job type: Permanent
  • Date posted: 25/11/2011
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The Company:
Our client is an independent oil operator and we are looking for a JV Accountant for a staff appointment into their head office in Aberdeen

The Role:
The successful candidate will be tasked with the following remit and responsibilities:

•Maintaining general ledgers for the relevant North Sea assets and coordinate monthly and year closings in accordance with timetable
•Preparation of accurate month end Joint Venture accruals and preparation of monthly Joint Venture cash call, monthly partner billing statement/invoice
•Ensuring timely receipt of cash call/invoice funds from partners
•Responsible for the reporting of monthly actual Gross & Net Joint Venture information to the Corporate Reporting team; specifically Net Current Month and YTD actual against Budget including variance analysis
•Implement control and accounting processes to ensure compliance with Group accounting policy and Statutory legislation as well as underlying JV
•Upload budget and forecast information into SUN ensuring accuracy. Interface with Business Analyst.
•Perform review and control procedures to ensure appropriate and accurate inventory accounting and operational shared cost allocations in line with Group policy and JOA obligations. Interface with Strategic Supply team.
•Assist in the development and implementation of new initiatives to simplify the Joint Venture accounting process
•Assist with the Joint Venture external audit and work to resolve audit findings in a timely manner through interface with Joint Venture Accounting Team Lead
•To support group external and internal audit through interface with Group Financial Reporting Team
•Work closely with the Business Analyst, Group Financial Reporting team and the Accounting Shared Services team to deliver quality information in the most efficient manner possible

Essential Skills / Qualifications:
We are keen to recieve applications from candidates with the fiollowing skills:

•5 years experience in a similar role within oil and gas exploration
•University Graduate with relevant degree (numerate subject) or relevant demonstrable experience
•Evidence of continuing professional development : part qualified - CA, CIMA or ACCA desirable
•Good planning and organisational skills, SMART working methods and can demonstrate personal effectiveness and delivery to deadlines in previous roles
•Excellent analytical and oral and written communications skills
•Strong excel skills and experience of extracting financial information from accounting systems (SAAP, Oracle or SUN preferred)
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