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Chief Accountant – Oil and Gas Services Company - WS/2784

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Commercial/Financial/Legal > Accountant

Status: Live

Open To: EU Nationals or UK work permit holders Job Overview: An Oil and Gas Services Company seeks a Chief Accountant to take responsibility for the administrative, financial, and risk management operations of the Company. Applicants invited with Chartered Accountant qualification and a minimum of 8 years’ post qualification with some experience in a senior accounting role. Previous oil and gas experience desired, but not essential – open to all industries. Exciting role working for a dynamic Company that has plans for expansion! In this senior role, you will develop a financial and operational strategy, with associated metrics and will be responsible for the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. This established Company provides services that support Oil & Gas clients and governments, devise effective exploration strategies.

Job Details

Location: United Kingdom > London

Salary: Highly competitive + Bonus + Shares

Working Locations: Not Specified

Posted: 07/02/2020 17:09:00

Expires: 07/04/2020 17:09:00

Key Requirements

The successful candidate will have:
• A qualified accountant essential (ACA or equivalent)
• Solid accounting background essential – a minimum of 8 years essential.
• Strong operations, planning, risk mitigation background essential.
• Experience in developing financial and operational strategies with tied metrics essential.
• Ability to develop and monitor control systems designed to preserve company assets and report accurate financial results essential.
• Big picture person essential – the ability to help formulate the company's future direction.
• Proven experience of IFRS (International Financial Reporting Standards) essential.
• An understanding of UK GAPP good to have but not essential.
• Some oil and gas industry experience preferred but not essential.
• Experience working in a Service industry desired.
• Solid experience of accounts auditing essential. You will work closely with the external Auditors.
• Experience of “Depreciation” and “Amortisation” financial practices desired.
• Knowledge of Norwegian accounting fundamentals (operations, regulations/compliance, controls...) desired. The Company have a Norwegian legal entity and the Norwegian and UK accounts will be merged.
• The Company use Xero, ReceiptBank (receipt OCR scanning system) and ApprovalMax (payment authorisation system) – experience of desired.
• Work closely with the Management Accountant in day to day financial operations, and in the preparation of management reports etc.
• Ability to build and sustain relationships at all levels within the Company, with service providers, auditors and tax advisors - gaining respect, engagement and commitment to ideas and proposals.
• Strong interpersonal skills with the ability to drive strong financial practices.
• Strong appreciation of stakeholder management - be professional and timely in reporting all financial related matters.
• Confident, enthusiastic and persuasive with the drive and commitment for success.

Job Description

Job Overview: An Oil and Gas Services Company seeks a Chief Accountant to take responsibility for the administrative, financial, and risk management operations of the Company. Applicants invited with Chartered Accountant qualification and a minimum of 8 years’ post qualification with some experience in a senior accounting role. Previous oil and gas experience desired, but not essential – open to all industries. Exciting role working for a dynamic Company that has plans for expansion!

In this senior role, you will develop a financial and operational strategy, with associated metrics and will be responsible for the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
This established Company provides services that support Oil & Gas clients and governments, devise effective exploration strategies. The Company acquires Multi-Client offshore data in areas where there is potential oil or gas. They manage how this data is acquired (i.e. the survey) and how it is processed and interpreted and produce detailed evaluation reports of potential oil or gas in a specific region. They then market/ promote this data and associated reports.
These services are delivered on an exclusive or non-exclusive basis, by bringing together financial partners, and/or by financing directly any part of the investment. With the guidance of the Client’s experts, they design the technical parameters and the contractual framework to optimise budget, planning and quality. The successful candidate will assist in providing financials for all aspects of the project.
The Company operates internationally with offices in the UK, Norway, US and Africa. Their UK office is based in a picturesque market town in SW London – 30 minutes direct commute from Waterloo station.
The Company operate flexible working hours based on trust and goodwill, provide a relaxed and friendly culture, and the management team are committed to promoting a healthy work/life balance.

Responsibilities: Reporting to CEO this role encompasses many functions including:
• Be proactive in understanding all aspects of the business – markets, financials, practices, processes...
• Manage the Management Accountant and the Accounts Assistant -Provide strong leadership.
• Planning
# Assist in formulating the company's future direction and supporting tactical initiatives
#Monitor and direct the implementation of strategic business plans
#Develop financial and tax strategies
#Manage the capital request and budgeting processes
#Develop performance measures that support the company's strategic direction
• Operations
#Participate in key decisions as a member of the executive management team
#Maintain in-depth relations with all members of the management team
#Manage the accounting, bank/investor relations, legal, tax, and treasury departments
#Oversee the financial operations of subsidiary companies and foreign operations
#Manage any third parties to which functions have been outsourced eg TMF
#Oversee the company's transaction processing systems
#Implement operational best practices
#Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
#Supervise acquisition due diligence and negotiate acquisitions
• Financial Information -
#Oversee the issuance of all financial information and reports (End of year accounts, VAT returns, due diligence ect…)
#Report financial results to the board of directors & shareholders.
#Manage and oversee accounting team.
#Manage all financial deadlines such as audits, HMRC submissions.
• Risk Management
#Understand and mitigate key elements of the company's risk profile
#Monitor all open legal issues involving the company, and legal issues affecting the industry
#Construct and monitor reliable control systems
#Maintain appropriate insurance coverage
#Ensure that the company complies with all legal and regulatory requirements
#Ensure that record keeping meets the requirements of auditors and government agencies
#Report risk issues to the audit committee of the board of directors
#Maintain relations with external auditors and investigate their findings and recommendations
#Ensure all finance policies are maintained and updated as per the country requirements
#Conduct all necessary trainings to keep the team’s skills and knowledge up to date.

This is an exciting opportunity as the Company is expanding. Working closely with the CEO and other team players, you will help drive and influence future expansion.

Preferences: The successful candidate will have:
• A qualified accountant essential (ACA or equivalent)
• Solid accounting background essential – a minimum of 8 years essential.
• Strong operations, planning, risk mitigation background essential.
• Experience in developing financial and operational strategies with tied metrics essential.
• Ability to develop and monitor control systems designed to preserve company assets and report accurate financial results essential.
• Big picture person essential – the ability to help formulate the company's future direction.
• Proven experience of IFRS (International Financial Reporting Standards) essential.
• An understanding of UK GAPP good to have but not essential.
• Some oil and gas industry experience preferred but not essential.
• Experience working in a Service industry desired.
• Solid experience of accounts auditing essential. You will work closely with the external Auditors.
• Experience of “Depreciation” and “Amortisation” financial practices desired.
• Knowledge of Norwegian accounting fundamentals (operations, regulations/compliance, controls...) desired. The Company have a Norwegian legal entity and the Norwegian and UK accounts will be merged.
• The Company use Xero, ReceiptBank (receipt OCR scanning system) and ApprovalMax (payment authorisation system) – experience of desired.
• Work closely with the Management Accountant in day to day financial operations, and in the preparation of management reports etc.
• Ability to build and sustain relationships at all levels within the Company, with service providers, auditors and tax advisors - gaining respect, engagement and commitment to ideas and proposals.
• Strong interpersonal skills with the ability to drive strong financial practices.
• Strong appreciation of stakeholder management - be professional and timely in reporting all financial related matters.
• Confident, enthusiastic and persuasive with the drive and commitment for success.

Package: A Competitive Base Salary is on offer dependent on skills and experience and accounting qualification. Plus, a performance related Bonus, Share option scheme, flexible working hours and a friendly relaxed culture.

Similar Jobs to Chief Accountant – Oil and Gas Services Company - WS/2784

  • LiveChief Accountant – Oil and Gas Services Company - WS/2784

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    Key Requirements

    The successful candidate will have: • A qualified accountant essential (ACA or equivalent) • Solid accounting background essential – a minimum of 8 years essential. • Strong operations, planning, risk mitigation background essential. • Experience in developing financial and operational strategies with tied metrics essential. • Ability to develop and monitor control systems designed to preserve company assets and report accurate financial results essential. • Big picture person essential – the ability to help formulate the company's future direction. • Proven experience of IFRS (International Financial Reporting Standards) essential. • An understanding of UK GAPP good to have but not essential. • Some oil and gas industry experience preferred but not essential. • Experience working in a Service industry desired. • Solid experience of accounts auditing essential. You will work closely with the external Auditors. • Experience of “Depreciation” and “Amortisation” financial practices desired. • Knowledge of Norwegian accounting fundamentals (operations, regulations/compliance, controls...) desired. The Company have a Norwegian legal entity and the Norwegian and UK accounts will be merged. • The Company use Xero, ReceiptBank (receipt OCR scanning system) and ApprovalMax (payment authorisation system) – experience of desired. • Work closely with the Management Accountant in day to day financial operations, and in the preparation of management reports etc. • Ability to build and sustain relationships at all levels within the Company, with service providers, auditors and tax advisors - gaining respect, engagement and commitment to ideas and proposals. • Strong interpersonal skills with the ability to drive strong financial practices. • Strong appreciation of stakeholder management - be professional and timely in reporting all financial related matters. • Confident, enthusiastic and persuasive with the drive and commitment for success.

    Job Description

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Responsibilities: Reporting to CEO this role encompasses many functions including: • Be proactive in understanding all aspects of the business – markets, financials, practices, processes... • Manage the Management Accountant and the Accounts Assistant -Provide strong leadership. • Planning # Assist in formulating the company's future direction and supporting tactical initiatives #Monitor and direct the implementation of strategic business plans #Develop financial and tax strategies #Manage the capital request and budgeting processes #Develop performance measures that support the company's strategic direction • Operations #Participate in key decisions as a member of the executive management team #Maintain in-depth relations with all members of the management team #Manage the accounting, bank/investor relations, legal, tax, and treasury departments #Oversee the financial operations of subsidiary companies and foreign operations #Manage any third parties to which functions have been outsourced eg TMF #Oversee the company's transaction processing systems #Implement operational best practices #Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package #Supervise acquisition due diligence and negotiate acquisitions • Financial Information - #Oversee the issuance of all financial information and reports (End of year accounts, VAT returns, due diligence ect…) #Report financial results to the board of directors & shareholders. #Manage and oversee accounting team. #Manage all financial deadlines such as audits, HMRC submissions. • Risk Management #Understand and mitigate key elements of the company's risk profile #Monitor all open legal issues involving the company, and legal issues affecting the industry #Construct and monitor reliable control systems #Maintain appropriate insurance coverage #Ensure that the company complies with all legal and regulatory requirements #Ensure that record keeping meets the requirements of auditors and government agencies #Report risk issues to the audit committee of the board of directors #Maintain relations with external auditors and investigate their findings and recommendations #Ensure all finance policies are maintained and updated as per the country requirements #Conduct all necessary trainings to keep the team’s skills and knowledge up to date. This is an exciting opportunity as the Company is expanding. Working closely with the CEO and other team players, you will help drive and influence future expansion. Preferences: The successful candidate will have: • A qualified accountant essential (ACA or equivalent) • Solid accounting background essential – a minimum of 8 years essential. • Strong operations, planning, risk mitigation background essential. • Experience in developing financial and operational strategies with tied metrics essential. • Ability to develop and monitor control systems designed to preserve company assets and report accurate financial results essential. • Big picture person essential – the ability to help formulate the company's future direction. • Proven experience of IFRS (International Financial Reporting Standards) essential. • An understanding of UK GAPP good to have but not essential. • Some oil and gas industry experience preferred but not essential. • Experience working in a Service industry desired. • Solid experience of accounts auditing essential. You will work closely with the external Auditors. • Experience of “Depreciation” and “Amortisation” financial practices desired. • Knowledge of Norwegian accounting fundamentals (operations, regulations/compliance, controls...) desired. The Company have a Norwegian legal entity and the Norwegian and UK accounts will be merged. • The Company use Xero, ReceiptBank (receipt OCR scanning system) and ApprovalMax (payment authorisation system) – experience of desired. • Work closely with the Management Accountant in day to day financial operations, and in the preparation of management reports etc. • Ability to build and sustain relationships at all levels within the Company, with service providers, auditors and tax advisors - gaining respect, engagement and commitment to ideas and proposals. • Strong interpersonal skills with the ability to drive strong financial practices. • Strong appreciation of stakeholder management - be professional and timely in reporting all financial related matters. • Confident, enthusiastic and persuasive with the drive and commitment for success. Package: A Competitive Base Salary is on offer dependent on skills and experience and accounting qualification. Plus, a performance related Bonus, Share option scheme, flexible working hours and a friendly relaxed culture.

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    Posted: Fri 07 Feb at 17:09       Expires: Tue 07 Apr at 17:09

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