Wells Accountant

Recruiter
Morson Human Resources Limited
Location
Aberdeen, UK
Salary
Competitive
Posted
11 Oct 2019
Closes
08 Nov 2019
Ref
1291806499
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Our client a leading Oil & Gas operator are seeking a Wells Accountant for an approx 5 month contract role based in Aberdeen.

Position Overview

This role is part of the Wells Accounting team that reports to the Functions Lead and provides financial and accounting support in relation to 2 well abandonment campaigns. The role involves working closely with the onshore wells and decommissioning teams to ensure all cost forecasts are accurate and understood. There is also involvement with a third party who is providing cost tracking support for one of the campaigns.

Accountabilities

Provide finance support for 2 ongoing well abandonment campaigns, to ensure that the Estimated Final Cost (EFC) and Value of Work Done (VOWD) is accurate and over/under spends are communicated in a timely manner.

Key Duties

Provide support on accounting for Well Abandonment activities ensuring all cost forecasts are accurate and understood
Complete monthly cost forecast updates in Infocore. monitor the level of accruals, challenge forecasts and understand any changes to the EFC.
Interrogate the third-party cost tracking system and review the Cost to Date and EFC to ensure the forecast is robust
Provide monthly variance commentary for corporate reporting
Build strong relationships with the Wells and Decommissioning team through regular communication. Be proactive, highlight any improvements to processes or financial output and raise any issues early to ensure there are no surprises
Support the Business in the preparation of additional AFEs as required
Ad hoc requests/analysis as required.

Education Attainment & Accreditation

Qualified or Experienced accountant with oil and gas industry and wells accounting experience essential

Professional Skills & Experience

Relevant wells accounting experience is essential
Highly numerate, with good attention to detail
Analytical approach with ability to interpret & articulate results
Proven track record of working well in a team environment
Strong working knowledge of SAP and Maximo is preferred

Interpersonal Skills & Qualities

Highly organized, with the ability to prioritise and work to tight deadlines
Strong communication and team-working skills with ability to liaise at all levels in the organisation
Capable of working on own initiative, requiring minimal supervision and guidance
Proactive and self-motivated, embraces change and continuous improvement

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