JV Finance Lead
3 weeks ago
As a JV Finance Lead at Thorpe Molloy McCulloch Recruitment Ltd, you will oversee the Joint Venture Accounting Team, ensuring accurate cost allocation and timely billings in accordance with Joint Operating Agreements (JOAs). Key responsibilities include:
- Leading the Joint Venture Accounting Group to ensure accurate and timely reporting.
- Providing precise financial information to JV partners as per JOA requirements.
- Maintaining JV master data in SAP S4 Hana.
- Implementing standardised processes across JV assets using SAP Analytics Cloud.
- Monitoring partner cash receipts and late payments.
- Supporting Field Managers with annual work plans, budgets, and re-forecast submissions.
- Tracking changes to commercial agreements and ensuring accurate financial modelling.
- Presenting monthly financial performance reports to the Asset Team.
- Handling partner financial audits and minimising claims.
- Reviewing quarterly account reconciliations and AFEs.
In this role, you will require:
- Proven experience in upstream oil industry finance roles.
- Proficiency in SAP, preferably SAP Hana.
Estimated Salary Range: £60,000 - £80,000 per annum. This figure is based on national averages and may vary depending on location and industry standards.
If you are detail-oriented, self-motivated, and have a strong background in JV accounting within the oil and gas industry, please consider this opportunity.
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