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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 shapes financial outcomes and supports global operations.
- 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)
- Collaborate with local and global stakeholders to ensure seamless exit execution and compliance.
- 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) (Chiswick) 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) (Chiswick)
✨Tip Number 1
Familiarise yourself with the specific Joint Ventures mentioned in the job description, such as MLO114 and CI-524. Understanding their financial structures and exit strategies will give you an edge during interviews.
✨Tip Number 2
Brush up on your knowledge of IFRS and local regulatory standards relevant to the Oil and Gas industry. Being able to discuss these confidently will demonstrate your expertise and readiness for the role.
✨Tip Number 3
Network with professionals in the Oil and Gas sector, especially those with experience in Joint Venture accounting. This can provide valuable insights and potentially lead to referrals that could help you land the job.
✨Tip Number 4
Prepare to discuss your experience with SAP and any relevant ERP systems during the interview. Highlighting your technical skills will show that you are well-equipped to handle the financial processes required in this role.
We think you need these skills to ace Asset Controller (Financial) (Chiswick)
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 experience with IFRS, statutory reporting, and your ability to collaborate with stakeholders for seamless execution of exit strategies.
Highlight Relevant Qualifications: Clearly state your qualifications, such as being a Chartered Accountant (CA) or ACCA. Mention any specific training or certifications related to SAP and Joint Venture accounting that would make you a strong candidate.
Showcase Soft Skills: In your application, highlight your interpersonal and communication skills. Provide examples of how you've successfully partnered with teams or led audit processes, as these are crucial for the role.
How to prepare for a job interview at First Recruitment Group
✨Understand the Role Thoroughly
Make sure you have a solid grasp of the responsibilities outlined in the job description. Familiarise yourself with terms like Joint Venture exit strategies and financial closure processes, as these will likely come up during the interview.
✨Showcase Relevant Experience
Prepare to discuss your previous experience with SAP and Joint Venture accounting. Be ready to provide specific examples of how you've successfully managed similar financial processes or projects in the past.
✨Demonstrate Analytical Skills
Since the role requires strong analytical capabilities, think of instances where you've solved complex problems or improved financial reporting processes. Highlight your attention to detail and how it has positively impacted your work.
✨Prepare Questions for the Interviewers
Have insightful questions ready about the company's approach to financial management in the Oil and Gas sector. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
