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
- 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.