Subsidiary Financial Accountant

BH-321009
  • Market Rate
  • Australia Western Australia Perth
  • Contract
  • Oil & Gas
Our client Woodside in Perth CBD are currently seeking a Subsidiary Financial Accountant to join them for a 6 to 12-month contract.
This role will report into the Manager Statutory Reporting and is responsible in supporting the preparation of the Group’s half-year/year-end financial statements, preparation of statutory and management financial statements for subsidiaries within the group, ensuring compliance with regulatory requirements, corporate policies and guidelines and SOX environment.
About the Role
The Statutory Reporting team is part of Group Financial Control and is responsible for financial reporting processes. The team comprises a number of financial accountants who collaborate to deliver Group/subsidiary accounting requirements.
Duties & Responsibilities:
  • Support the Group’s half-year/year-end reporting financial statements, including preparing assigned notes for relevant sections in financial statements and performing tick and tie of the Annual Report, Briefing Presentation and Script
  • Preparation of audited subsidiary financial statements for entities with statutory obligations and ensure compliance with local accounting requirements and regulations
  • Preparation of unaudited management accounts for remaining entities with no statutory obligations
  • Preparation of subsidiary specific accounting position papers as well as all necessary file notes to document processes and procedures
  • Engagement with the internal and external auditors on subsidiary reporting
  • Liaising with Company Secretariat, Tax, Business Unit Financial Accountants and Finance Business Partners to coordinate reviews of the subsidiary financial statements and management accounts and obtaining relevant sign-offs
  • Delivery of completed audited subsidiary financial statements and unaudited management accounts to Directors of the subsidiary
  • Assessing statutory audit requirements for subsidiaries, including the assessment of ‘large companies’ for various jurisdictions
  • Preparation and coordination of the subsidiary dividend process with Treasury. Calculate the proposed dividend for subsidiaries to flow to the ultimate parent and the proposed dividend to be transferred into the distributable profit reserve
  • Support in the coordination of liquidation and deregistration of dormant subsidiaries
  • Identifying and implementing process improvements and ensuring process are compliant with all statutory requirements and Woodside Code of Conduct.
Skills & Experience:
  • Demonstrate commitment to and alignment with Woodside Values
  • Experience in preparation of financial statements
  • Thorough understanding of Australia and International Accounting Standards and Group/subsidiary financial accounting
  • Strong financial and analytical skills
  • Excellent Microsoft Excel skills
  • Excellent oral and written communication skills to stakeholders
  • Professional qualification (CA/CPA) preferred
  • S4 experience desirable


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.

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