JV Accountant
TR/078296
Posted: 04/07/2025
- Negotiable
- Scotland, Aberdeen City, Aberdeen
- Contract
Our client is currently recruiting for the position of JV Accountant with our Oil & Gas Operator client based in Aberdeen.
This is a 12 month PAYE contract based 4 days a week in the Aberdeen offices (One day per week WFH)
Candidates should have experience working in an Operator business and supporting in J/V accounting.
Responsibilities:
Specific Requirements:
Temporary Position
If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference: TR/078296.
Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment.
This is a 12 month PAYE contract based 4 days a week in the Aberdeen offices (One day per week WFH)
Candidates should have experience working in an Operator business and supporting in J/V accounting.
Responsibilities:
- Finance focal point for Non-Operated/Project JV Assets
- Perform a range of business analysis including cost accounting and cost controlling activities to report on JV Asset performance.
- Build up strong relationship with Operator for Non Operated licenses, ensuring challenge to JV partners as appropriate.
- Work closely with the JV Budget holder(s) to provide financial analysis and support in respect of budgets, billings and reforecasts.
- Responsible for year to date and full year revised forecast, performed with budget holders on a monthly basis, considering latest Operator information.
- Responsible for all JV related financial tasks such as, but not limited to, financial presentations and attendance at JV committees, JV budget, JV Billings, regulatory reporting etc.
- Focal point for all finance related questions for the Non- Operated JV Asset
- Responsible for the validation and coordination of monthly Non Operated / Project JV billings ensuring timely approval and payment, in line with JOA.
- Participate in internal and external audits when required.
- Calculate month end accruals for Non- Operated /Project JV assets.
- Understanding of the financial requirements in JOA’s and associated internal DoA matrix.
- Manage AFE approval process and cost tracking for JV Asset, ensuring correct accounting treatment
- Assist in the development of the Joint Venture Accounting Function covering multiple assets – streamlining and standardising procedures wherever appropriate and engaging with other Accountants for knowledge sharing and back-up cover.
- Maintain account reconciliations assigned to the position according to the agreed schedule and in compliance with SOX requirements and manage to conclusion any outstanding issues.
- Track expenditure against AFE’s and reconcile billings to AFE and Budget/forecast and challenge Operators/Project Managers when required.
Specific Requirements:
- Proven track record in a similar financial position in the Exploration &Production sector, with a good understanding of E&P asset performance.
- Requires technical knowledge of Exploration & Production accounting including Standard Operating Accounting Procedures in order to ensure asset expenditure is fair and equitable, company reimbursement is maximised, and JV audits are successful.
- Ability challenge and review financial data, highlighting anomalies to budget holders and JV Finance Team.
- Capable of working on own initiative but also demonstrating great teamwork.
- Ability to prioritise and work to monthly deadlines.
- Ensure all deliverables are fulfilled on time and of a high quality.
- Proven SAP skills essential.
Temporary Position
If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference: TR/078296.
Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment.
Alan Patterson
Office Account Manager
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Recruitment