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- Tasks: Lead financial closure and reporting for international assets in the oil and gas sector.
- Company: Join a dynamic team in the oil and gas industry, driving impactful financial strategies.
- Benefits: Enjoy a 6-12 month contract with opportunities for international coordination and professional growth.
- Why this job: Be part of a pivotal role that influences joint venture exit strategies and compliance.
- Qualifications: Chartered Accountant or equivalent with experience in Joint Venture accounting and SAP.
- Other info: Ideal for those passionate about finance in the energy sector, with strong analytical skills.
The predicted salary is between 48000 - 72000 £ per year.
Location: Chiswick, London (with international coordination)
6-12 months contract Inside IR35
Reporting to: Group Finance Manager, Exploration and Decommissioning
Role Purpose
As Asset Controller – Non-Op, Exploration and Decommissioning, you will lead the financial closure, reporting, and deregistration of specific assets and legal entities across Argentina, Côte d’Ivoire, and Mauritania. The role will be pivotal in managing Joint Venture (JV) exit strategies and delivering accurate financial outputs that support statutory, management, and audit requirements.
Key Responsibilities
- Project Delivery – Asset Closure & Deregistration
- Lead the Joint Venture exit processes, ensuring timely and accurate financial postings and reporting.
- Support the Branch and Company deregistration processes, including all necessary tax filings and regulatory submissions.
- Ensure full financial closure and termination of the following JVs:
- MLO114 & MLO119 (Argentina)
- CI-524 & CI-803 (Côte d’Ivoire)
- Banda, Tiof, and Chinguetti (Mauritania)
- Own all financial accounting, JV accounting, and management reporting processes from transaction through to statutory reporting.
- Deliver timely and accurate monthly, quarterly, and annual management reports.
- Ensure compliance with Group accounting policies, IFRS, and local regulatory standards.
- Prepare and support Annual Budgeting, forecasting, and business planning activities.
- Engage with external/internal/JV auditors and lead completion of interim and annual audit processes.
- Oversee the relationship and outputs of the Accenture Outsourced Business Process team to ensure high-quality service delivery.
- Provide strategic financial support for the development and delivery of 2026 budget plans.
- Contribute to process improvement initiatives and system enhancements across reporting and compliance.
Qualifications & Experience:
- Chartered Accountant (CA), ACCA or equivalent qualification
- Significant experience with SAP, especially in Joint Venture accounting
- Strong understanding of Petroleum & General Accounting, PSC rules, and JV accounting
- Proven experience with IFRS, statutory reporting, and external/internal audits
- Background in the Oil and Gas industry is highly preferred
Skills:
- Strong financial and management accounting skills
- Robust analytical and problem-solving capabilities
- High attention to detail and organisational skills
- Advanced Microsoft Excel skills; proficient in Word, PowerPoint, and Outlook
- Experience with ERP and consolidation systems is advantageous
- Excellent interpersonal and communication skills for effective business partnering
Contact Detail:
First Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Controller (Financial)
✨Tip Number 1
Familiarise yourself with the specific Joint Venture exit processes relevant to the Oil and Gas industry. Understanding the nuances of financial closure and deregistration in this sector will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the Oil and Gas sector, especially those who have experience in asset control and financial reporting. Engaging with industry contacts can provide insights and potentially lead to referrals for the position.
✨Tip Number 3
Brush up on your knowledge of IFRS and local regulatory standards as they pertain to the Oil and Gas industry. Being well-versed in these regulations will demonstrate your readiness to handle compliance and statutory reporting responsibilities.
✨Tip Number 4
Showcase your proficiency in SAP and advanced Excel skills during discussions. Highlighting your technical abilities will reassure potential employers of your capability to manage complex financial accounting tasks effectively.
We think you need these skills to ace Asset Controller (Financial)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial accounting, particularly in Joint Venture accounting and the Oil and Gas industry. Use specific examples that demonstrate your skills in managing financial closures and reporting.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities of the Asset Controller role. Emphasise your qualifications, such as being a Chartered Accountant and your experience with SAP and IFRS. Show enthusiasm for the position and how you can contribute to their team.
Highlight Relevant Skills: In your application, make sure to showcase your strong analytical skills, attention to detail, and proficiency in Microsoft Excel. Mention any experience with ERP systems and your ability to engage with auditors, as these are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for the Asset Controller position.
How to prepare for a job interview at First Recruitment Group
✨Know Your Financial Fundamentals
Brush up on your financial accounting principles, especially those related to Joint Venture accounting and IFRS. Be prepared to discuss how these principles apply to the role of Asset Controller, particularly in the context of the Oil and Gas industry.
✨Demonstrate Your Analytical Skills
Prepare examples that showcase your analytical and problem-solving capabilities. Think about past experiences where you successfully navigated complex financial situations or improved processes, as this will resonate well with the interviewers.
✨Familiarise Yourself with SAP
Since significant experience with SAP is required, make sure you can speak confidently about your previous use of the software. Highlight any specific projects or tasks where you utilised SAP for Joint Venture accounting or financial reporting.
✨Showcase Your Communication Skills
Effective communication is key in this role, especially when collaborating with local and global stakeholders. Prepare to discuss how you've successfully partnered with others in previous roles, and be ready to demonstrate your interpersonal skills during the interview.
