Asset Accountant

Posted 1 week ago
Job ID - 1533JS

Hutcheon Mearns are partnered with an oil and gas exploration and production company with a presence both here in the UK and internationally. With a focus on delivering value to the shareholder, this company maintains high professional and ethical standards through safe, reliable and efficient operations.

The successful candidate will provide Joint Venture accounting support to the UK business that complies with the appropriate JOAs and associated accounting procedures.

Key responsibilities will include:

  • JV Accounting for Assets ensuring compliance with Joint Operating Agreements and Accounting Procedures
  • Preparation of UK annual budget & 5 year business plan
  • Develop and maintain effective relationships with key internal and external stakeholders
  • Finance representative for Partner Committee Meetings (FinComs / OpComs)
  • Preparation of the JV Budget and forecast process in support of JV Manager
  • Preparation of monthly re-forecasts including the associated variance analysis commentary
  • Review and process all relevant billings including liaising with internal and external stakeholders and provide analysis of expenditure against budget / AFE
  • Preparation of month end VOWD / Accruals
  • Checking and coding of supplier invoices ensuring costs are allocated to the correct ventures
  • Internal AFE and FM administration
  • Support the successful delivery of JV audit
  • Preparation of monthly balance sheet reconciliations
  • Provide mentorship to the team to develop their knowledge of JV Accounting

Ideally you will have an accounting qualification or be working towards it. You will have a demonstrated track record of experience within the upstream oil and gas industry and a full understanding of JOAs and vendor contracts. Furthermore, you will be a self-starting team player, who operates as a true business partner.

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