Business Planning & JV Accounting Lead

Petrogas North Sea Ltd (PNS) is a leading energy company and part of MB Holding, a globally diversified group with operations across oil and gas, mining, and engineering. At PNS, we are committed to operational excellence, innovation, and driving sustainable growth in the energy sector. We are seeking a highly skilled and motivated Business Planning & Joint Venture Accounting Lead to join our team reporting to the Finance Manager. This role is pivotal in leading and coordinating business planning activities, ensuring alignment with corporate strategy to manage joint venture partnerships effectively. The position focuses on optimising asset value, fostering strong partner relationships, and ensuring compliance with regulatory and fiscal requirements. By delivering robust financial and operational plans, the role supports informed decision-making and maximises the profitability and sustainability of E&P activities.

Principal Accountabilities:

• Lead the annual UK business plan process, ensuring documentation, review, and approval by department heads and the UK General Manager before submission.
• Manage all joint venture accounting requirements, including monthly JV billing, AFE approvals, partner forecasts, and Finance Committee materials.
• Ensure accurate and timely completion of all accounting tasks and maintain compliance with financial regulations.
• Lead the monthly internal P&L and balance sheet review process for presentation and sign-off by the Finance Manager.
• Responsible for all partner reporting and budgeting, including quarterly reporting of actuals vs forecast & budget, quarterly reforecasting, and the issue of the annual JV partner budget.
• Manage and act as the focal point for the annual Joint Venture audits, ensuring findings are kept to a minimum by adhering to joint operating agreements and industry standards.
• Assist in financial modeling, forecasting, and economic analysis for business development opportunities.
• Ensure company HSEQ policies, procedures, and practices are followed.

Principal Challenges:

• Navigating Regulatory and Fiscal Regimes.
• Aligning JV Partners with Strategic Objectives.
• Managing Market Volatility and Decarbonisation Pressures.

Qualifications:

• Bachelor's degree in accounting and finance.
• Qualified Accountant – either by professional body or by experience.
• Minimum 7-10 years relevant experience in the Oil and Gas environment, including joint venture accounting.
• Experience in financial and tax modeling in the Energy industry is an advantage.
• Proficient in SAP, Microsoft Excel, and PowerPoint.

Skills:

• Self-starter with the ability to work independently.
• Strong analytical thinking and problem-solving skills.
• Effective communication skills, both verbal and written.
• Ability to thrive in a fast-paced environment and manage competing priorities.

If you are a finance professional with expertise in business planning and JV accounting, with experience in financial planning, budgeting, and JV reporting, we want to hear from you. Submit your resume to apply.