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Reporting Accountant

21 September 20212021-09-21
Aberdeen
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We are supporting a large upstream E&P business to source a Reporting Accountant. This a key role which ensures accurate and timely financial reporting and supports group reporting requirements, planning, forecasting and month end close. Working as part of a close knit and friendly team, this is an opportunity which will enable you to learn and develop in a supportive environment.

Role Overview:

  • Ensure accurate financial reporting in accordance with the timelines set in the Shareholders Agreement and in compliance with external regulations
  • Primarily responsible for consolidated financial management reporting and external financial reporting for the UK business
  • Support the Group Accounting Lead in preparation of group reporting requirements, plans/reforecasts and month end close
  • Be a focal point for Insurance activities and provide input and analysis in support of the provision of Insurance services

 

Key responsibilities:

LEGAL ENTITY FINANCIAL STATEMENTS

  • Preparation and review of annual legal entity financial statements for UK companies and subsidiaries, including consolidated financial statements prepared under IFRS
  • Preparation of financial information for Board meetings
  • In conjunction with the UK tax team, supply accurate information as required for tax provisioning, tax returns and for tax planning purposes

 

MONTHLY FINANCIAL REPORTING

  • Review of monthly income statement, balance sheet and cashflow statement over the month end close period, with aim to ensure required elements are booked as required and understood.
  • Collate variance analysis on key metrics of production, opex, capex and abex on a monthly basis for management reporting
  • Assist with preparation of monthly financial reporting package for group financial reporting and supporting analysis
  • Liaise with external auditors throughout the group and statutory audits

 

FINANCIAL ACCOUNTING

  • Working capital analysis
  • Intercompany
  • FX analysis
  • Liaison with Commercial on royalties accounting
  • Controls
  • Key account reconciliation preparation
  • ONS surveys
  • Will be required to assist with other areas of Financial Accounting on an ad hoc basis

 

INSURANCE

  • Assist in the coordination of Insurance activities including input and analysis in support of the provision of Insurance services
  • Schedule quarterly Insurance Committee meetings and prepare draft minutes of meetings

 

INTERCOMPANY

  • Manage master data for intercompany/related parties to support consolidation eliminations
  • Shareholder Loans
  • Review elimination of intercompany transactions within the consolidation module to include monthly transportation and processing cost eliminations
  • Review and update of Intercompany loans and guarantee fees
  • Update and post journals for Intercompany Loan Interest calculations
  • Manage approvals and timely processing of intercompany invoices from Affiliates
  • Ensure timely raising of invoices for recharge of costs to intercompany Affiliates

 

Applications will be considered from Qualified candidates coming from either an industry or practice background, or a combination of both. You must have strong IT skills and be an effective time manager. You will have the ability to be both methodical and analytical. Exceptional communication skills are a must, as is your willingness to work as part of a high functioning team.