Financial Accounting Specialist
1 month ago
We are currently seeking a high-calibre professional to join our department as a Financial Accountant. The role will take ownership of the financial accounting for the Midstream Refinery and supervise P2P and O2C activities.
The successful candidate will report to the Head of Accounting, UK Refinery, and be responsible for:
- Collaborating with the offshore team to ensure timely review and close of month-end accounts payable and receivable ledgers, intercompany account reconciliations, and bank account reconciliations.
- Preparing month-end accruals and prepayments, monthly variable and fixed cost accruals, and reviewing capital expenditure items and fixed assets.
- Supporting the preparation of monthly reporting packs and understanding key business trends to drive continuous financial and operational improvement.
- Assisting with VAT return submissions and payment requests, and preparing monthly accounts for JV entities and quarterly VAT returns.
- Daily stock movement reconciliation and working capital management.
- Supporting the annual audit process and liaising with external auditors.
Minimum Requirements:
- Qualified accountant (ACA/ACCA/CIMA or equivalent) with at least 5 years' experience.
- Experience in Oil and Gas - Financial Accounting preferable.
- Advanced MS Office skills and experience in SAP R3/ECC highly desirable.
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