Statutory and Regulatory Accountant

Our client, an oil and gas operator, are currently hiring a Statutory and Regulatory Accountant on a long-term contract basis.

Purpose:
The main responsibility consists of supporting in respect of matters related to accounting, reporting to regulator, authorities and lenders, statutory accounts and audit management. The role also requires providing support in accounting and reporting of other CCS companies as required.

Main Accountabilities and Responsibilities:

Within the frameworks of relevant MSGs internal control procedures to exercise effective management of accounting, reporting and finance activities for the LBA CCS and other CCUS companies as required;
Prepare, analyse and submit:

• • Regulatory reporting: Monthly, quarterly and annual reporting to the Regulator, Secretary of State (SOS) and lenders in accordance with the relevant agreements
  • the annual regulatory reporting pack including reconciliation with the statutory accounts
  • monthly trial balances to the SOS and manging the responses related to any related queries
  • draft financial statements for reporting to SOS for each semi annual period, year end (March) and for the months ending December, April and May.
  • Monthly income statement (P/L), Balance Sheet (BS) and financial position reporting to HQ and other stakeholders.
  • Quarterly actuals (P/L, BS, and financial position) using Hyperion Mastro/PCFM, incl./ additional Mastro forms for half year and year end.
  • Year End Financial Statements and detailed analyses of selected items, according IFRS and CCS License requirements i.e. listed company.
  • To ensure that the reporting information is provided to the Regulator, License authorities, Lenders and head office efficiently and according to the stipulated deadlines.
  • To ensure that the internal reporting to the HQ is consistent with accounting data (ie. SAP to Mastro reconciliation).
  • To prepare monthly reconciliations and accounting schedules for designated accounts, including intercompany accounts.
  • To contribute to the reporting required from lenders in relation to accounting matters
  • Contribute to the setup of accounting and reporting systems and reports in line with HQ, Regulatory and project financing requirements.
  • Develop and maintain internal control and effective accounting system and policies.
  • Liaise with other sections within the Finance department, i.e. treasury, insurance, internal control and tax, as well as with other technical and supporting departments wherever necessary for internal or external processes in order to support the CCUS business activities in an effective and efficient manner.
  • Provide constructive advice for the management and other technical and supporting departments, within the controlling frameworks, procedures and regulatory framework, from accounting perspectives, on the best approach and support decisions to resolve issues which may arise during operations.
  • Contribute to the development and maintenance of internal procedures ensuring adherence to MSGs, internal control frameworks and regulatory framework.
  • Ensure compliance with the Accounting Procedures and Regulatory framework
  • Support monthly and yearly accounting closing the books process;
  • Provide support over Statutory and Regulatory audit processes.
  • Participate in any CCUS Project related activities as directed

Others

• Ad hoc duties as may be required.
• To ensure adherence to the Company’s Health, Safety & Environment policies, procedures and standards.
• To fully comply with Code of Ethics and Compliance Model.

Main Interfaces (relationships):

Internal:

• Day-to-day close working relationship within the Finance Dept. as well as with other technical and supporting departments and senior company management (whenever required);
• Working relationship with other affiliates and subsidiaries managed by CCS Holding Ltd;

External:

• Statutory & Regulatory auditors;
• the regulator, lenders and other external stakeholders.
• Attend and provide inputs as required related to the CCS business

Education & Professional Qualifications:
 

• Master degree in Accounting, Economics or Business Management or equivalent (essential, OR
• Professional qualification (ACCA, CA, CIMA or similar) with strong understanding of International and statutory accounting principle
• Extensive relevant experience in a senior Accounting and other Finance roles within the Oil & Gas or Energy industry (essential)
• Extensive knowledge of Microsoft Office packages, particularly Excel (at advanced level), and knowledge of SAP (essential)

Required Experience and Technical Competencies (relevant experience and technical skills):
 

• Work cooperatively and effectively with others to set goals, resolve problems and make decisions that enhance effectiveness.
• Flexible and proactive.
• Aptitude to work in multi-cultural and multi-tasking environments.
• Establish and maintain positive working relationships with others both internally and externally to achieve goals.
• Communicate effectively, both written and verbally.

Behavioural Competencies:
 

• Demonstrate Model of Excellence
• Sharing of Knowledge & Know-how
• Courage to change
• Teamwork
• Passion
• Setting an example
• Good communication and interpersonal skills.
• Ability to prioritise work and meet strict and changing priorities and deadlines.

With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.