Hydrocarbon Accountant - VR/27470

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Status: Permanent
Location: Aberdeen
Rate: Available Upon Request

The Hydrocarbon (Revenue) Accountant represents the interface between commercial / technical disciplines and the Finance function. The person is responsible for a holistic and consistent approach of reporting, allocating and forecasting revenues and costs related with the hydrocarbon streams. Due to an international footprint, working with revenue/tariff streams from multiple countries makes this position challenging and diverse. The person will be required to potentially work with little supervision and may be required to support hydrocarbon accounting activities in other locations.


Main duties and responsibilities


Production and Sales:

  • Collating, analysing, and reporting actual / forecasted production / sales in cooperation with Technical Teams.
  • Collating, analysing, and reporting production / sales volumes for performance management, statutory reporting, and external communication.
  • Performing variance analysis and resolve queries on production / sales volumes / revenues, achieved price and transportation tariffs.
  • Preparing Country production volume analysis to be reviewed by the Head of Hydrocarbon Management for Group wide stakeholders and input into key internal and external reports on volumes and revenue.
  • Invoicing or checking invoices for gas, oil, LNG and NGL sales.
  • Creating ad hoc reports / analysis on revenues, tariffs and production as required.
  • Establishing assumptions on volume, transportation costs and sales revenues for the yearly / multiyear budgets. Ensuring quality of volume data and providing suggestions and improvements to allocation and reporting procedures as necessary.
  • Maintaining, updating and quality controlling sales information (volumes and contracts) in the relevant IT systems.
  • Reporting to authorities: REMIT reporting, CVAs, sales reporting etc.


Transportation and Processing:

  • Forecasting / modelling transportation costs and income. Reviewing and updating tariff formulas / models.
  • Verifying volumes and price of transportation and processing tariff invoices in accordance with the relevant commercial agreement.
  • Reviewing annual reconciliations and make-up or carry forward positions.
  • Preparing or checking invoices for capacity sales / payments.


Applicants to this role require

  • Previous experience with volume reporting, stock accounting, sales and invoicing of oil & gas streams, or similar products, is a requirement.
  • Relevant bachelor’s degree in finance or accounting.
  • Experience preferably as Financial Controller or Accountant working in a multi-currency organization.
  • Experience in oil and gas business.
  • Use of SAP would be beneficial.
  • Understanding of the work and activities for which the job is providing support.
  • Ability to communicate and understand technical specialists and relay the information to others in an understandable way.
  • Strong service orientation and project management skills.
  • Very good listening and communication skills.


What’s in it for me? (the applicant)

  • Working in a collaborative team environment offering a challenging role in an international arena.
  • Opportunity to expand skills and experience in this diverse role.
  • Excellent benefits package.
  • Hybrid working.

TMM Recruitment INDFIN

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