Senior Assets & Materials Accountant

Job Purpose

• Conduct and review Asset & Material and Spare Parts Inventory Accounting including related financial, accounting, management accounting, tax, and related issues with a broad overview of all financial matters relating to the section including SAP Asset and Materials Management modules. Conduct and oversee the review and implementation of changes related to Asset & Material regulations.

Reporting and Relationships - II

Financial Dimension

• As defined for this job level in the Delegation of Authority and/or approved budget.

Generic Accountabilities - All Employees

Key Job Accountabilities - I

• Ensure that month-end, quarter-end, and year-end divisional activities are delivered following established guidelines and procedures, including taking the lead in addressing complex non-routine/adhoc activity providing recommendations and ensuring resolution.
• Review the preparation of statutory and management monthly, quarterly, and annual reports, advise on complex transactions, and perform complex reconciliations.
• Develop processes and procedures to ensure that changes in the control and reporting environment are addressed in line with corporate requirements, including the preparation of internal and external reports and position papers presenting a range of options and recommendations. Review and recommend improvements in the current SAP setup ensuring a robust system landscape.
• Interface with internal and external clients to obtain complex and sensitive financial information in to provide advice and guidance on capital cost recovery for commercial agreements such as the ARFSA (including complex construction of financial models).
• Monitor day-to-day performance to identify and provide recommendations for possible enhancement or improvements and provide input for the development of financial systems and procedures.

Key Job Accountabilities - II

• Monitors day-to-day performance to identify and provide recommendations for possible enhancement or improvements and provide input for the development of financial systems and procedures.
• Co-ordinate activities with Project Accounting to ensure that projects close out activities are completed in a timely manner.
• Provides Finance input in relation to projects within set terms of reference and defined processes. Implements policies and process changes in relation to Asset Accounting.
• Co-ordinates the Asset verification process with Asset Managers to ensure that asset verification is carried out in line with corporate requirements.
• Responsible for the asset accounting of all capital lease arrangements such as rigs, residential properties and other assets under IFRS.
• Trains and develops staff to perform their role within the team, setting objectives and providing feedback.

Qualifications

• Bachelor’s degree in an Accounting, Finance, Economic or Commercial discipline; or
• Bachelor’s degree in any discipline and an internationally recognised professional accounting qualification (ACA, ACCA, CA, CFA, CIMA, CMA, CPA).

Knowledge and/or Experience - I

• 5 years’ experience in a finance function in the Oil & Gas Industry.
• Solid knowledge of SAP/accounting systems.

Technical and Business Skills - I

• Proficient in written and spoken English.
• Computer literacy, including working knowledge of business software programmes, networking, and SAP.
• Strong analytical skills.