At a Glance
- Tasks: Manage financial reporting and ensure compliance with IFRS in a dynamic environment.
- Company: Join Ithaca Energy, a leading exploration and production company in the North Sea.
- Benefits: Competitive salary, career development, and a commitment to diversity and inclusion.
- Why this job: Be part of a team driving energy transition and making a real impact in the industry.
- Qualifications: Qualified Chartered Accountant with strong technical accounting experience.
- Other info: Dynamic workplace with opportunities for growth and collaboration.
The predicted salary is between 36000 - 60000 £ per year.
Ithaca Energy is a leading full cycle exploration and production company headquartered in Aberdeen, Scotland. The business has built a diverse and high value portfolio of operated and non-operated assets across the Northern & Central North Sea and West of Shetland. We are a dynamic and ambitious business on a rapid growth journey, recognising that the energy industry is entering a new era. As we move towards energy transition, our commitment to the North Sea is unwavering.
As a leading North Sea Operator, we are an agile and driven business, taking a pragmatic approach to oil & gas production through innovative thinking and advanced technologies. Our goal is to maximise value through the safe, efficient and responsible production of our assets. Success is dependent on our talent and, with bold and inspired people, we will create a workplace that is diverse and equitable, building a culture of collaboration and inclusion.
Position Overview: Ithaca Energy is accepting applications for the position of Senior Financial Reporting Accountant, located in our Aberdeen Office. Reporting to the Group Financial Reporting Manager, this role plays a key part in delivering high‑quality external reporting, ensuring compliance with IFRS, supporting the group’s monthly, quarterly and annual close processes, and maintaining a strong financial control environment appropriate for a publicly listed company. The role requires strong technical accounting expertise, excellent analytical capability, and experience of working in a complex fast paced environment.
Responsibilities
- Financial Reporting and Technical Accounting: Manage the preparation of the Group’s quarterly, half‑year and annual financial statements in accordance with IFRS. Provide IFRS technical expertise, including preparation of high‑quality disclosures, accounting papers and supporting documentation for senior management, audit committee and external auditors. Monitor changes in accounting standards and assess their impact on the group. Act as the focal point for all hedge accounting issues & queries, liaising with 3rd party valuation advisers & Treasury colleagues.
- Monthly Close: Responsible for monthly and quarterly accounting and reporting of key sections of the income statement & balance sheet including, but not limited to, Revenue, Receivables, Inventory, PPE, Impairment and Financial Instruments. Review balance sheet reconciliations and ensure compliance with accounting policies. Provision of insightful and succinct variance analysis of actual results against those of prior periods and business plan.
- Audit and Controls: Act as a key focal point for external auditors. Work closely with auditors to ensure well planned, efficient audits and co‑ordinate audit deliverables. Internal control compliance for own areas to ensure financial integrity, ensuring documentation managed and kept up to date and all internal audit requests responded to in a timely manner.
- Management & Development of Direct Reports: General support to ensure team goals & objectives are met to the required high standard of delivery.
Qualifications & Experience
- Strong experience in a finance role, including strong technical accounting experience ideally in upstream oil and gas industry.
- Experience of audit coordination & management.
- Qualified Chartered Accountant, ideally with an audit background.
- Take personal ownership of safety and wellbeing for self & team.
- Strong team ethic with experience of developing effective, collaborative relationships with internal & external stakeholder groups to ensure successful achievement of goals & objectives.
- Proactive, ability to take ownership of tasks/issues and drive through to completion.
- Drive & determination to deliver to the highest standard and continually seek to improve performance.
- Positive ‘can do’ attitude with ability to be flexible and willingness to adapt to change.
- Confidence & willingness to speak up and challenge in pursuit of ‘best’.
- Act with integrity and genuinely care about making a positive impact.
We are committed to building a diverse organisation with a variety of backgrounds, skills and views. The more inclusive we are, the better we are. We recognise you may not fulfil every criteria but if you meet most of them, please apply.
Senior Financial Reporting Accountant employer: Ithaca Energy Inc.
Contact Detail:
Ithaca Energy Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Reporting Accountant
✨Tip Number 1
Network like a pro! Reach out to folks in the finance and energy sectors, especially those who work at Ithaca Energy. A friendly chat can open doors and give you insights that might just set you apart from the crowd.
✨Tip Number 2
Prepare for the interview by brushing up on IFRS standards and recent changes in accounting regulations. Show us you’re not just a numbers person but someone who’s genuinely interested in the industry and its evolution.
✨Tip Number 3
Don’t forget to highlight your experience with audit coordination and financial controls. We want to see how you’ve tackled challenges in fast-paced environments and how you can bring that expertise to our team.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re serious about joining our dynamic team at Ithaca Energy.
We think you need these skills to ace Senior Financial Reporting Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Financial Reporting Accountant role. Highlight your technical accounting expertise and any relevant experience in the oil and gas industry to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the energy sector and how your background aligns with our goals at Ithaca Energy. Show us your personality and enthusiasm!
Showcase Your Achievements: When detailing your past roles, focus on specific achievements rather than just responsibilities. Use numbers and examples to illustrate how you've made an impact in previous positions—this will help us see your potential!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets into the right hands!
How to prepare for a job interview at Ithaca Energy Inc.
✨Know Your IFRS Inside Out
As a Senior Financial Reporting Accountant, you'll need to demonstrate your expertise in IFRS. Brush up on the latest standards and be ready to discuss how they impact financial reporting. Prepare examples from your past experience where you've applied these standards effectively.
✨Showcase Your Analytical Skills
This role requires excellent analytical capabilities. Be prepared to discuss specific instances where you've conducted variance analysis or reconciled complex financial statements. Highlight your ability to provide insightful commentary on financial results and how you've contributed to decision-making processes.
✨Prepare for Audit Discussions
Since you'll be a key point of contact for external auditors, it's crucial to show your familiarity with audit processes. Think of examples where you've successfully coordinated audits or managed audit deliverables. Be ready to discuss how you ensure compliance and maintain financial integrity.
✨Demonstrate Your Team Spirit
Ithaca Energy values collaboration and inclusion, so be sure to highlight your experience working in teams. Share examples of how you've developed effective relationships with stakeholders and how you've supported your team in achieving high standards. A positive attitude and willingness to adapt will go a long way!