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- Tasks: Support business planning and joint venture accounting in a dynamic oil and gas environment.
- Company: Major independent E&P company based in Aberdeen with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for growth in a thriving sector.
- Why this job: Join a team that drives financial accuracy and strategic decision-making in the energy industry.
- Qualifications: Bachelor's degree in accounting or finance; 5-7 years experience in Oil and Gas.
- Other info: Fast-paced environment with a focus on sustainability and regulatory compliance.
The predicted salary is between 36000 - 60000 £ per year.
Our client, a major independent E&P company, is currently hiring a Business Planning & Joint Venture Accountant (Staff) in Aberdeen.
Purpose of Position
Support business planning activities and provide accurate joint venture accounting, ensuring compliance with company policies, joint operating agreements, and UK regulations. The role focuses on delivering reliable financial information, supporting the Finance Manager in planning processes, and maintaining strong relationships with JV partners.
Principal Accountabilities
- Support the annual UK business plan process by preparing documentation and analysis for review and approval by the Finance Manager and department heads.
- Perform joint venture accounting activities, including the monthly JV billing process, AFE (Authority for Expenditure) approvals & supplements, partner forecasts, and Finance Committee materials.
- Prepare monthly internal P&L and balance sheet reviews for submission to the Finance Manager.
- Ensure timely and accurate accounting and maintenance of the books of accounts in line with accounting standards and company policies.
- Prepare partner reporting, including quarterly reporting of actuals vs forecast & budget, quarterly reforecasting, and the annual JV partner budget, in consultation with relevant departments.
- Coordinate annual JV (partner) audits by providing information, analysis, and support to ensure findings are minimised and compliance is maintained.
- Assist in financial modelling, forecasting, and economic analysis for business development opportunities as directed by the Finance Manager.
- Ensure all activities comply with company HSEQ policies, procedures, and practices.
Principal Challenges
- Navigating Regulatory and Fiscal Regimes: The UK oil and gas sector operates within a highly regulated framework. Changes to taxation, licensing, or environmental rules can directly impact JV economics and planning. This role supports the Finance Manager in monitoring developments and ensuring financial data reflects regulatory changes.
- Aligning JV Partners with Strategic Objectives: Multiple JV partners may have different priorities or risk appetites. This role contributes accurate reporting and timely information to help maintain alignment and efficient decision-making.
- Managing Market Volatility and Decarbonisation Pressures: Fluctuations in commodity prices and the transition to lower‑carbon energy affect planning and forecasts. This role provides accurate financial data to enable scenario planning and support sustainable JV decisions.
Job Knowledge (JK)
- Bachelor's degree in accounting or finance.
- Qualified Accountant (professional body or equivalent experience).
- Minimum 5-7 years relevant experience in Oil and Gas, including joint venture accounting, with knowledge of UK legislation and experience working with a UK operator.
- Experience of financial and tax modelling in the Energy industry is an advantage.
Managerial Scope (MS)
- Self‑starter — able to work independently and take initiative.
- Analytical thinking — applies logic to solve problems and deliver accurate outputs.
- Communication — able to prepare clear reports and communicate financial data effectively.
- IT — proficient in SAP, Microsoft Excel, and PowerPoint.
Human Relation Skills (HR)
- Ability to work in a fast‑paced environment and thrive in a period of growth & complexity.
- Ability to manage competing priorities whilst meeting deadlines.
Business Planning & Joint Venture Accountant (Staff) employer: NES Group Ltd
Contact Detail:
NES Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Planning & Joint Venture Accountant (Staff)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Ace the Informational Interview
Set up informal chats with folks already working in business planning or joint venture accounting. Ask them about their experiences and insights. This not only helps you learn but also shows your genuine interest in the field.
✨Showcase Your Skills
When you get the chance to meet potential employers, be ready to talk about your relevant experience and how it aligns with their needs. Use specific examples from your past roles to demonstrate your expertise in joint venture accounting and financial modelling.
✨Apply Through Our Website
Don’t forget to check out our website for job openings! Applying directly through us can give you an edge, as we often prioritise candidates who show initiative and enthusiasm for our company.
We think you need these skills to ace Business Planning & Joint Venture Accountant (Staff)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Planning & Joint Venture Accountant role. Highlight your relevant experience in joint venture accounting and any specific skills that match the job description, like financial modelling or compliance with UK regulations.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your experience in the oil and gas sector and how you can support the Finance Manager in planning processes.
Showcase Your Analytical Skills: Since this role requires strong analytical thinking, be sure to include examples of how you've used these skills in past positions. Whether it's through financial analysis or problem-solving, let us see your thought process!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets noticed. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at NES Group Ltd
✨Know Your Numbers
As a Business Planning & Joint Venture Accountant, you'll need to be on top of your financial game. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. This shows you understand the importance of accurate financial reporting and can handle the responsibilities of the position.
✨Understand Joint Ventures
Make sure you have a solid grasp of joint venture accounting principles and UK regulations. Be prepared to talk about your experience with JV billing processes and how you've navigated complex partner relationships. This will demonstrate your expertise and readiness for the challenges of the role.
✨Showcase Your Analytical Skills
This role requires strong analytical thinking, so come prepared with examples of how you've solved problems using data analysis. Whether it's financial modelling or forecasting, be ready to explain your thought process and the impact of your decisions on previous projects.
✨Communicate Clearly
Effective communication is key in this position, especially when preparing reports for the Finance Manager and JV partners. Practice explaining complex financial concepts in simple terms. This will help you stand out as someone who can bridge the gap between finance and operational teams.