Asset Accountant

Asset Accountant - VR/29168

Status: Permanent

Location: Aberdeen

Rate: Available Upon Request

Permanent Asset Accountant vacancy with fast growing energy business. This would suit individuals with experience in a similar role ideally with an E&P company or drilling contractor. You will be part of a dynamic and fast paced team, working across functions with an operational focus.

Overview job description

• The Asset Accountant, as part of the Finance Team, will be responsible for specific rig cost centres and will produce the monthly financials (profit and loss account, balance sheet and cashflow) for the rigs.
• The Asset Accountant is responsible for monitoring and recording capital expenditure (Capex) and operational expenditure (Opex), for their rigs.
• The role provides key financial support to the Operations Rig Team in supporting regular cost analysis for the rig as well as budgeting and regular re-forecasting.
• The role will also involve reporting on the progress of capital projects, including variance analyses and narrative of a project’s performance, to date, and to completion, whilst supporting any ad-hoc financial requests from the rig team.
• The role also involves supporting new rigs integration into the business utilising Maximo, the maintenance system, and business central, the ERP system: populating these systems with legacy data transferred with the new rig as well as developing and leading functional changes within the Maximo product as rigs are introduced.
• The role requires a dynamic, highly analytical, accurate individual who works well in teams and in a high-pressured environment. The role is cross-functional and therefore requires an individual who can build and maintain effective relationships.

Main duties and responsibilities

• Forming a close working relationship with the Rig Accounting Lead, the Finance Team, and the Operations Team.
• Liaising with the operations function to ensure the ledger and maintenance system reports accurately reflecting the rig Opex cost and Capex costs.
• Preparing monthly financial information for the rigs (profit and loss account, balance sheet and cashflow statement) from the ERP system (Business Central).
• Creating monthly project cost reports which include actual and estimated costs to date as well as projections to completion, including variances against budget.
• Supporting the functional improvements and ongoing management of the rig maintenance system (Maximo) and any project related system(s).
• Supporting the migration of data into Maximo and business central for rigs as they are added into the fleet.
• Maintaining system project information associated with all Capex and Opex projects.
• Preparing annual budgets, re-forecasts and support the 5-year business plan.
• Ensuring all financial transactions are properly recorded, filed and ensure reporting is reliable and accurate.
• Supporting continuous improvement of internal control and standard operating procedures.
• Providing analyses of the performance of projects over the project life.
• Establishing a high level of credibility and manage strong working relationships with internal and external parties.
• Performing other duties, complete additional tasks, and support ad hoc projects as required.

Applicants to this role require

• High caliber individual with 3+ years’ experience in a similar role within the oil and gas industry either with a rig contractor or operator.
• Ability to work on own initiative and drive changes through the organisation High integrity and openness combined with commitment to good governance.
• Organised, diligent, and dynamic, with the ability to manage multiple (and conflicting) workstreams to ensure successful delivery of our objectives.
• Excellent communications skills with colleagues as well as external stakeholders (ability to engage at all levels).
• Team player and relationship builder.
• Ability to handle high levels of pressure and critical decision-making.
• Willingness to work through peak cycles.
• Relate to the dynamics of a “start-up” company.
• Use of ERP and maintenance systems, Office 365, and advanced Excel skills.
• Excellent verbal and written communications skills.
• Excellent analytical and reasoning skills, plus excellent organisational skills.

TMM Recruitment INDFIN

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