Vacancy posted: Wednesday, 24 Oct 2012
Our client is a major Oil & Gas Operating company with a unique offering covering strategic operations worldwide. Employing over 4,000 personnel they operate with a focus on oil sands, conventional exploration and development and unconventional gas
As Drilling Accountant your main responsibilities will include
Production of forecast financial data required to support the creation of AFEs and budgets for drilling activity, in coordination with the operational individuals linked to the area of activity.
Monitoring and management of AFEs, to include revisions and timely closure.
Creation and operation of a detailed cost tracking model to calculate the value of work done for drilling activities.
Monitoring of actual expenditure against POs and contracts, and prompting timely revision of limits as required.
Ensuring that the financial ledger reflects the current status of well costs incurred, through the accurate and timely booking of Service Entries and accruals.
Liaison with Operations accounting and Payables colleagues to ensure ledger and billings accurately reflect drilling activities.
Timely completion of well reviews and reconciliations between the ledger and drilling reports.
Supoort of internal and partner audits of well programs.
Support for providing effective communication to drilling management of the financial indicators inherent in any reports produced, and for addressing progress against key performance indicators.
Assist in the completion of the documentation of accounting procedures that enable Finance to demonstrate compliance with the requirements of the Sarbanes-Oxley Act.
Liaison with other departments to ensure a thorough understanding of the business processes as they relate to area of responsibility.
Develop strong working relationship with all members of the drilling team, representing financial matters in this area.
Participate in Budget preparation for D&C activites.
Support the ongoing development of the SAP system, specifically in relation to issues affecting area of responsibility.
Identify areas for improvement and concern.
Performs other duties, completes additional tasks and supports ad hoc projects as required
Qualified or studying towards accountancy qualification preferable.
Significant general accounting background in the oil industry.
SAP experience preferable
Experience of accounting for drilling operations and well reconciliations preferable.
Good communication skills (both interpersonal and written).
Excellent systems skills.
This is a contract position
If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference 91643
Orion Group currently supplies over 3,500 personnel in roles including Oil & Gas, Renewables, Power & Utilities, Construction, Mining, Rail, Aerospace, IT & Telecoms, Office and Commercial. With 29 offices worldwide, Orion Group operating in the UK and internationally and in January 2009, were named the UK's number one for engineering recruitment
Job Reference: 91643
Closing Date: 07-Nov-2012