Decommissioning Portfolio Lead

HAVE YOU GOT SPIRIT?
 
Succeeding in today’s energy landscape requires collaboration, agility and the courage to challenge established ways of working. At Spirit Energy, we are redefining what good looks like in mature basin operations — focusing on safe, responsible asset stewardship, value maximisation and the delivery of an orderly energy transition.
 
Achieving this requires a broad mix of skills, experience and perspectives. Our people are central to how we operate — bringing curiosity, accountability and pragmatism to complex technical and commercial challenges. If you are ready to take the next step in your career with a forward‑thinking team committed to doing things better and differently, we would like to hear from you.
 
THE OPPORTUNITY – DECOMMISSIONING PORTFOLIO LEAD
 
Responsible for leading the end-to-end management of the decommissioning liabilities from estimation, forecasting and reporting to financial booking as well as the review of the Decommissioning Securities Agreements (DSA)
Ensure robust governance, accurate liability forecasting, and audit compliance. Acting as the Finance focal point for the Decommissioning & Wells team.
Responsible for providing insight to support strategic planning and decision-making
 
Location: Aberdeen
Duration: 2-year contract
Contract Type: PAYE
Day Rate: TBC - For your application to be progressed, please ensure you provide a PAYE day rate banding expectation. 
 

• Please only apply if you have existing right to work in the UK.
• Please outline notice period/availability to start.

 
Spirit Energy currently have a non-contractual hybrid working arrangement for all office-based workers. 4 days must be worked in the office with compulsory days being Tuesday, Wednesday and Thursday. The fourth day worked in-office (either Monday or Friday) is of the worker’s choosing but should be in keeping with what is most efficient and effective for their team. The office is open 5 days a week for full time, in-office working if this is the contractor’s preference.  
 
 
AND NOW FOR THE TECHNICAL BIT…
In role, you will be required to:
 

• Lead and deliver the annual Asset Retirement Obligation (ARO) submission, ensuring strong data quality, governance compliance, and successful audit validation.
• Support half year and year end group reporting on decom matters.
• Create a revised fit for purpose ARO process, ensure audit-ready documentation, controls, and supporting evidence packs, lead and deliver audit internal & external
• Decommissioning Portfolio Ownership - Drive portfolio-level cost forecasting and control for decommissioning programmes, ensuring audit-ready reporting and alignment with corporate and regulatory requirements. Update the Decom timeline and associated accounting adjustments ie. ST/LT discounting etc
• Provide expert guidance on decommissioning project cost reporting, ensuring Spirit Energy and project management compliance and governance are effectively managed. Ensure monthly VOWD and accrual reporting is completed in accordance with SE financial reporting standards.
• Non-Operated Assets ABEX Forecasting and Reporting - Support the Decommissioning Director in reviewing partner billings against partner forecasts and budget plans, identifying variances and escalating issues where appropriate.
• Review and report on operated and non-operated asset DSA activity in collaboration with Commercial and Finance teams.
• Coordinate UK Decommissioning Stewardship Surveys and associated regulatory submissions.
• Own and maintain the decommissioning forecasting in bpc working closely with the Business Partnering Lead and the Reporting & Analysis Lead
• Update & review DSA models (for operated, non-operated and legacy assets) in collaboration with Commercial ensuring models comply with agreements and update/rebuild where required

 
 
ABOUT YOU
To be successful in this role, we are looking for:
 

• Awareness and understanding of relevant Accounting standards relating to ARO
• Project cost control
• Finance systems, in particular SAP and BPC
• Liabilities process
• Qualified accountant (ACA, CA, ACCA, CIMA)
• University degree

 
 
In addition to technical knowledge and credibility, we are looking for someone who lives our values - Agility, Collaboration, Courage, Care, and Delivery. A person who embraces and supports change, while ensuring the safe and efficient operation of a mature asset
 
 
 
 
 


People are our business worldwide
 
Orion Group was founded in 1987 and is now one of the largest, independent, international recruitment companies. We have a network of 200 employees working from 24 offices, delivering a range of services – Talent Acquisition, Recruitment Outsourcing Services, Retained Search, Global Workforce Solutions, Completions & Commissioning and Materials Management – across 68 countries. As a global leader in workforce solutions, we recruit personnel across the Engineering & Technical, Office & Commercial, Scientific and Skilled Trades disciplines, for sectors including Oil & Gas, Life Science, Power & Utilities, Constructions & Infrastructure, Manufacturing and Renewables.