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- Tasks: Lead financial closure and reporting for international oil and gas assets.
- Company: Join a dynamic team in the oil and gas sector, driving impactful financial strategies.
- Benefits: Enjoy competitive pay, flexible working arrangements, and opportunities for professional growth.
- Why this job: Be part of a crucial role that influences global operations and enhances your financial expertise.
- Qualifications: Chartered Accountant or equivalent with experience in Joint Venture accounting and SAP.
- Other info: This is a 6-12 month contract role based in Chiswick, London.
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
Asset Controller (Financial) employer: First Recruitment Group
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 already working in asset control or finance within the Oil and Gas sector. Engaging with industry contacts can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.
✨Tip Number 3
Brush up on your SAP skills, particularly in Joint Venture accounting. Since this role requires significant experience with SAP, demonstrating your proficiency can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with IFRS and statutory reporting in detail. Be ready to share specific examples of how you've navigated audits and compliance in previous roles, as this will showcase your expertise and suitability for the position.
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 keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities of the Asset Controller position. Mention your experience with SAP, IFRS, and any relevant auditing experience, and explain how these skills will benefit the company.
Showcase Your Qualifications: Clearly state your qualifications, such as being a Chartered Accountant (CA) or ACCA. Include any additional certifications or training that relate to financial management and reporting, especially in the context of the Oil and Gas sector.
Highlight Soft Skills: In your application, emphasise your strong analytical skills, attention to detail, and ability to communicate effectively. These soft skills are crucial for the role and should be evident in your examples and experiences.
How to prepare for a job interview at First Recruitment Group
✨Understand the Role Thoroughly
Make sure you have a solid grasp of the Asset Controller position and its responsibilities. Familiarise yourself with Joint Venture exit strategies, financial closure processes, and the specific assets mentioned in the job description. This will help you answer questions confidently and demonstrate your genuine interest in the role.
✨Showcase Your Technical Skills
Highlight your experience with SAP and your understanding of IFRS and statutory reporting during the interview. Be prepared to discuss specific examples where you've successfully managed financial accounting or led audit processes, as this will showcase your expertise and suitability for the role.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and analytical skills. Think of past experiences where you had to navigate complex financial situations or collaborate with stakeholders to achieve a goal. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Demonstrate Strong Communication Skills
As the role involves collaboration with various stakeholders, it's crucial to exhibit excellent interpersonal and communication skills. Practice articulating your thoughts clearly and concisely, and be ready to discuss how you've successfully partnered with others in previous roles to drive results.
