Accounting & Reporting Lead

Aberdeen, Aberdeenshire, United Kingdom

Job Reference 1247864

Location Aberdeen, Aberdeenshire, United Kingdom

Industry Oil & Gas - Onshore Gas

Function Financial & Accounting

Job Type Contract

Date Added September 2, 2024

ACCOUNTING & REPORTING LEAD

Location: Aberdeen, UK
Contract duration: 12 months
Recruitment Partner: Airswift
Airswift Recruiter: Ariane Lima




Company Summary

We are a multi-energy company committed to a sustainable world with a forward-looking vision based on innovation, efficiency, respect, and value creation to drive progress in society and we’re looking for an Accounting & Reporting Lead to be responsible for ensuring the accuracy and timeliness of statutory consolidated UK Group and legal entity reporting, statutory audit and monthly consolidation and financial reporting activities. The role also oversees partners are provided high quality and timely information in line with the requirements in the JOA and fosters collaboration with various teams and drives continuous improvement for efficient reporting.

Accountabilities and Responsibilities
 
  • Deliver timely and accurate statutory legal entity reporting, ensuring it is free of material misstatements
  • Oversee monthly consolidation and reporting, ensuring exceptional quality and adherence to high standards
  • Keep up to date on regulatory requirements to the statutory accounts or the generally accepted accounting principles to anticipate any impacts on the Financial Statements and Statutory Accounts
  • Guarantee on-time production of materials for Management Team with exceptional quality
  • Partners with the central team to secure necessary expertise, following the new Repsol standard of working
  • Foster a robust internal control environment by supporting internal control reviews and quarterly balance sheet reconciliations to uphold the accuracy of financial statements
  • Champion adherence to accounting standards and policies, collaborating with the Head of Economic Reporting & Accounting to secure Management approval for any changes
  • Develop strong working relationships with the group reporting team to facilitate seamless reporting
  • Lead and support the Joint Venture Accounting group to reinforce their role as key focal point for JV partners and managing the reporting to the COO, CDO and asset managers on the operational performance of the assets.
  • Spearhead efforts to secure timely cash receipts from partners and promptly address late payments
  • Ensure timely and accurate information on the financial statements for the tax management and planning
  • Foster collaboration and identifying opportunities for efficiency gains in the Group Reporting through collaboration accross different teams including (SAP, JV Accounting, Performance Management, Administration and G&A, Marketing, Planning, Tax, and others)
  • Champion continuous improvement in governance and reporting processes to ensure accuracy of financial data
  • Advocate for team adoption and utilization of SAP S4 HANA Public Cloud and SAP Analytics Cloud for enhanced accounting records and more efficient reporting
  • Escalate key financial issues to the Head of Economic, Reporting & Accounting and CFO (on need basis) for timely intervention

Professional Skills and Experiences
 
  • Relevant experience in the Accounting & Reporting domain
  • Experience in financial reporting, consolidation, and forecasting roles
  • Understanding of statutory reporting requirements and accounting standards
  • Experience with SAP S4 HANA or similar ERP systems is preferred
  • Experience in Oil & Gas industry is preferred Educational Qualification and Certifications
  • Bachelors or Master's degree in Accounting, Finance or related field
  • Certified Public Accountant (CPA), Certified Management Accountant (CMA) are amongst the preferred qualifications Job Description I&D Disclaimer

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