Senior JV Accountant

Posted 08 May 2022
SalaryLunch allowance
LocationLondon
DisciplineEnergy
ReferenceCR/054519_1652092416
Contact NameStevie Denoon

Job description

To perform the accounting function for JV department.

Key responsibilities cover the following areas:

  • Timely and accurate input of all payables and receivables data into the accounting system SAP.
  • Process all accounts payable transactions, Joint Venture and Fiscal policies and procedures ensuring that they comply with contractual obligations.
  • Process all incoming billing statements, cash calls and funding requests.
  • Issue all hydrocarbon and tariff invoices.
  • Posting of the BU - Tailwind opex share invoices and finance fee, PCO for operated JVs.
  • Timely invoicing to Group companies and third parties to achieve maximum cash flow benefit.
  • Credit control function.
  • Reconcile intercompany balances in accordance with reporting deadlines.
  • To provide support to others within team and within other Finance sections as required.

To perform ad hoc duties within your capabilities as may be required from time to time.

Main Accountabilities and Responsibilities:

  • To verify that invoices issued and received comply with contract terms and conditions.
  • To process intercompany, third party invoices, expense claims and Joint Venture billings for payment, ensuring that they comply with contract terms and conditions and that the costs are correctly coded into the Accounting system.
  • Posting of Business Unit - Tailwind opex share invoices and finance fee, PCO for operated JVs.
  • To communicate with suppliers, joint venture operators and customers in order to resolve invoice disputes and general queries.
  • To liaise with Technical departments and Procurement, in order to resolve invoice disputes and general queries.
  • Issue all hydrocarbon and tariff invoices, including accruals and review monthly reconciliation for the Budget & Control section.
  • Issue of invoice to other Group Companies and Third Parties.
  • Reconcile intercompany revenues, costs and balances (original currency and sterling equivalent) and Branch/Head Office Balances.
  • Perform credit control activities and action as necessary.
  • To respond to queries and information requests from UK departments, suppliers and external and internal auditors.
  • To provide support to others within team and within other Finance sections as required.
  • To ensure adherence to the Company's Health, Safety & Environment policies, procedures and standards.
  • To fully comply with Code of Ethics and Law 231 principles.
  • To fully comply with the HSE Critical roles should your position contain any HSE Critical tasks / duties. Please refer to the UK HSE IMS C1-SYS-01 - HSE Critical Roles

Education & Professional Qualifications:

  • Degree qualified in Accounting, Economics, Business Management or equivalent preferred.
  • Part qualified or working towards qualification in one of the professional Accounting Bodies (e.g. CIMA or ACCA).

Required Experience and Technical Competencies

Knowledge of Excel and Word. Knowledge of SAP.

Previous relevant experience in a similar role/position required.

Oil and Gas Industry experience preferable.


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.