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- Tasks: Support business planning and joint venture accounting in the oil and gas sector.
- Company: Independent oil & gas operator with a focus on innovation and compliance.
- Benefits: Hybrid working model, competitive salary, and opportunities for professional growth.
- Why this job: Join a dynamic team and make an impact in the energy industry.
- Qualifications: Bachelor's degree in accounting or finance; qualified accountant preferred.
- Other info: Fast-paced environment with challenges in regulatory compliance and market volatility.
The predicted salary is between 60000 - 75000 £ per year.
Our client, an independent oil & gas operator is currently seeking a Business Planning & Joint Venture Accountant to join their team. The role is located in Aberdeen, will be on a permanent (staff) basis and offers a hybrid working arrangement (4 days office / 1 day home).
ROLE
Support business planning activities and provide accurate joint venture accounting, ensuring compliance with company policies, joint operating agreements, and UK regulations. The role focuses on delivering reliable financial information, supporting the Finance Manager in planning processes, and maintaining strong relationships with JV partners.
RESPONSIBILITIES
- Support the annual UK business plan process by preparing documentation and analysis for review and approval by the Finance Manager and department heads.
- Perform joint venture accounting activities, including the monthly JV billing process, AFE (Authority for Expenditure) approvals & supplements, partner forecasts, and Finance Committee materials.
- Prepare monthly internal P&L and balance sheet reviews for submission to the Finance Manager.
- Ensure timely and accurate accounting and maintenance of the books of accounts in line with accounting standards and company policies.
- Prepare partner reporting, including quarterly reporting of actuals vs forecast & budget, quarterly reforecasting, and the annual JV partner budget, in consultation with relevant departments.
- Coordinate annual JV (partner) audits by providing information, analysis, and support to ensure findings are minimised and compliance is maintained.
- Assist in financial modelling, forecasting, and economic analysis for business development opportunities as directed by the Finance Manager.
- Ensure all activities comply with company HSEQ policies, procedures, and practices.
Principal Challenges (1-3):
- Navigating Regulatory and Fiscal Regimes: The UK oil and gas sector operates within a highly regulated framework. Changes to taxation, licensing, or environmental rules can directly impact JV economics and planning. This role supports the Finance Manager in monitoring developments and ensuring financial data reflects regulatory changes.
- Aligning JV Partners with Strategic Objectives: Multiple JV partners may have different priorities or risk appetites. This role contributes accurate reporting and timely information to help maintain alignment and efficient decision-making.
- Managing Market Volatility and Decarbonisation Pressures: Fluctuations in commodity prices and the transition to lower-carbon energy affect planning and forecasts. This role provides accurate financial data to enable scenario planning and support sustainable JV decisions.
REQUIREMENTS
- Bachelor's degree in accounting or finance.
- Qualified Accountant (professional body or equivalent experience).
- Previous, relevant experience in Oil and Gas, including joint venture accounting, with knowledge of UK legislation and experience working with a UK operator.
- Experience of financial and tax modelling in the Energy industry is an advantage.
- Self-starter - able to work independently and take initiative.
- Analytical thinking - applies logic to solve problems and deliver accurate outputs.
- Communication - able to prepare clear reports and communicate financial data effectively.
- IT - proficient in SAP, Microsoft Excel, and PowerPoint.
- Ability to work in a fast-paced environment and thrive in a period of growth & complexity.
- Ability to manage competing priorities whilst meeting deadlines.
Business Planning & Joint Venture Accountant in Aberdeen employer: CAMMACH BRYANT LIMITED
Contact Detail:
CAMMACH BRYANT LIMITED Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Planning & Joint Venture Accountant in Aberdeen
✨Tip Number 1
Network like a pro! Reach out to people in the oil and gas sector, especially those who work with joint ventures. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have a lead on your dream job!
✨Tip Number 2
Show off your skills! Prepare a portfolio that highlights your experience in joint venture accounting and financial modelling. Use real examples from your past work to demonstrate how you’ve tackled challenges similar to those mentioned in the job description.
✨Tip Number 3
Ace the interview by doing your homework! Research the company’s recent projects and their approach to compliance with UK regulations. Be ready to discuss how your background aligns with their needs, especially around navigating regulatory changes and managing market volatility.
✨Tip Number 4
Apply through our website! We make it easy for you to find roles that match your skills. Plus, it shows you’re serious about joining our team. Don’t forget to follow up after applying; a little persistence can go a long way!
We think you need these skills to ace Business Planning & Joint Venture Accountant in Aberdeen
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Planning & Joint Venture Accountant role. Highlight your relevant experience in joint venture accounting and any specific skills that match the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the oil and gas sector and how your background makes you the perfect fit for this role. Don’t forget to mention your understanding of UK regulations and compliance.
Showcase Your Analytical Skills: Since this role involves a lot of financial modelling and analysis, make sure to showcase your analytical thinking in your application. Provide examples of how you've used data to solve problems or improve processes in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at CAMMACH BRYANT LIMITED
✨Know Your Numbers
Make sure you brush up on your financial knowledge, especially around joint venture accounting and UK regulations. Be prepared to discuss specific examples from your past experience that demonstrate your ability to handle financial modelling and reporting.
✨Understand the Industry Landscape
Familiarise yourself with the current trends in the oil and gas sector, particularly regarding regulatory changes and market volatility. Showing that you’re aware of these challenges will impress the interviewers and demonstrate your proactive approach.
✨Prepare for Scenario Questions
Expect questions that assess your analytical thinking and problem-solving skills. Think about how you would handle different scenarios related to JV partner alignment or financial forecasting, and be ready to articulate your thought process clearly.
✨Showcase Your Communication Skills
Since this role involves preparing reports and liaising with JV partners, practice explaining complex financial data in a straightforward manner. You might even want to prepare a brief presentation to showcase your ability to communicate effectively during the interview.