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Fixed Asset Accountant – VR/25200

Status: Permanent
Location: Aberdeen
Ref: VR/25200
Rate: Available Upon Request

Opportunity for a permanent Fixed Asset Accountant to join our client a leading oil service organisation.


Business Plan / Budget:

  • Responsible for calculating the depreciation for all FAs for the multiple year business plan and annual budget, providing clear analysis as to variance from previous year.
  • Depreciation profiling to feed into the life of asset models.
  • Attending budget review meetings.


Monthly Forecast

  • Providing monthly depreciation forecasts based upon revised CAPEX profiles, providing clear understanding of actual spend to date and in-depth analysis as to variances against previous forecast and budget for each vessel, major pieces of equipment and ROVs.
  • Managing and maintaining fixed asset register.
  • Supporting the CAPEX forecast process, accurately reflecting forecast CAPEX spend in the required format for corporate reporting.
  • Attending monthly forecast meeting.


Monthly / Quarterly Accounts

  • Preparing monthly / quarterly accounts for fixed assets and depreciation, including accruals, cost transfers, intra-group recharges and other journals in accordance with strict month end deadlines, ensuring a sufficient level of support documentation is maintained.
  • Presenting and preparing month end reports for depreciation by asset, providing analysis of all material variances against budget and previous forecast, both for the current month / quarter and YT.


Cash Forecasting

  • Preparing cash forecasting.
  • Assisting with hedging reviews.



  • Liaising with GBS and external auditors.
  • Providing depreciation profiles on an ad-hoc basis.
  • Raising and receipting Interco POs.

TMM Recruitment

My Jobs

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