Senior Financial Reporting Accountant in London
Senior Financial Reporting Accountant

Senior Financial Reporting Accountant in London

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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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 growth opportunities, 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: Collaborative culture focused on safety, integrity, and continuous improvement.

The predicted salary is between 43200 - 72000 £ per year.

About Us

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, liaison 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 in London employer: Ithaca Energy UK Limited

Ithaca Energy is an exceptional employer, offering a dynamic and inclusive work environment in the heart of Aberdeen. As a leading North Sea Operator, we prioritise employee growth through continuous learning opportunities and a culture that values collaboration and innovation. Join us to be part of a forward-thinking team committed to the energy transition, where your contributions will directly impact our success and the future of the industry.
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Contact Detail:

Ithaca Energy UK Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Financial Reporting Accountant in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and energy sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings at Ithaca Energy!

✨Tip Number 2

Prepare for interviews by brushing up on IFRS standards and recent changes in accounting regulations. Be ready to discuss how your experience aligns with the fast-paced environment at Ithaca Energy. Show them you’re not just a numbers person, but someone who can adapt and thrive!

✨Tip Number 3

When you apply, make sure to highlight your technical accounting expertise and any relevant experience in the oil and gas sector. Tailor your application to reflect how you can contribute to Ithaca Energy’s goals. We recommend applying through our website for the best chance!

✨Tip Number 4

Follow up after your interview! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’d be a perfect fit for the Senior Financial Reporting Accountant position.

We think you need these skills to ace Senior Financial Reporting Accountant in London

IFRS Compliance
Technical Accounting Expertise
Financial Reporting
Analytical Capability
Audit Coordination
Chartered Accountant Qualification
Stakeholder Management
Variance Analysis
Internal Control Compliance
Team Development
Proactive Problem-Solving
Adaptability to Change
Integrity and Ethical Standards

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 role and how your background aligns with our goals at Ithaca Energy. Don’t forget to mention your proactive attitude and team ethic!

Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your analytical capabilities and experience in financial reporting. Numbers speak volumes, so include metrics where possible to show your impact!

Apply Through Our Website: We encourage you to apply directly 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!

How to prepare for a job interview at Ithaca Energy UK Limited

✨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 provided insightful variance analysis or tackled complex financial issues. Use numbers and results to back up your claims, as this will show your ability to drive performance.

✨Prepare for Audit Coordination Questions

Since you'll be acting as a key focal point for external auditors, think about your previous experiences with audit management. Prepare to share how you ensured efficient audits and coordinated deliverables, highlighting any challenges you overcame during the process.

✨Emphasise Team Collaboration

Ithaca Energy values a strong team ethic. Be ready to discuss how you've developed effective relationships with stakeholders and contributed to team goals. Share examples that showcase your proactive approach and willingness to adapt, as this aligns with their culture of collaboration and inclusion.

Senior Financial Reporting Accountant in London
Ithaca Energy UK Limited
Location: London
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