The main purpose of this role is to:
- Lead Cost Management, MI/Financial reporting, Budgeting and Financial control within area of responsibility
- Provide Cost and Capex analysis
- Coordinate Cash Management process incl. reporting and analysis
- Ensure internal control compliance and provide JV management support
- Preparation of performance management information within area of responsibility
- Provide efficient accounting service incl. monitoring of Accenture service delivery
Responsibilities
Performance Management
- Facilitate the performance management process for relevant area
- Ensure alignment with the overall Business Rhythm process and business calendar
- Support the function in preparation of scorecards and update of relevant performance material
- Support the risk management process
- Support preparation of performance material
Cost Management
- Lead the Cost and Cash Management process for relevant area
- Ensure accurate forecasts and WoWd being updated by the BROs
- Provide analysis of forecast vs. target and challenge as appropriate
- Ensure line of sight between activities and budget
- Review and assure timewriting input and provide coaching and support to BRO’s in order to understand impact on cost delivery
- Support BRO’s in identifying risks and opportunities for delivering against the cost target
- Provide ad-hoc and trend analysis as required
JV Management support
- Ensure alignment with License Government Process and JOA.
- Coordinate preparation of preliminary and proposed license budgets for relevant JV and support the process of ensuring approval of these budgets
- Prepare and assure partner reports in line with license governance process
- Prepare and coordinate approval of AFE’s associated with capital activities
- Provide support to the Business Manager in all aspects of JV Management incl. Management and sub-Committee meetings and any interaction with partner as required
Budgeting and Planning
- Coordinate the budget process and preparation of the budget book for relevant area
- Ensure alignment between budget and activity set and challenge as appropriate
- Provide input to plan and target setting for relevant function
- Verify M&O time writing profiles with agreed activity set
- Ensure alignment between integrated business planning and budgeting
- Provide necessary support to Business Manager and Planning & Economic Analyst during process to support a “single dataset” and one integrated performance process
- Support the assurance of Long-Term Plan financials as required
Financial Analysis and Reporting
- Coordinate updated forecast for relevant area within agreed timetable and provide judgment as required
- Provide Opex & Capex performance reporting and variance analysis for relevant function
- Provide input to and assurance on Cost and Capex actuals
- Review and assure level of accruals within relevant function
- Assure relevant MI reports within area of responsibility
- Review of the M&O actuals and allocated M&O cost including delivery of timesheets within relevant function
- Provide GFO other inputs and working capital movements for relevant area
- Provide assurance of relevant Field financials in connection with GFO submission
- Support Finance in generating RCOP and Cash options in line with North Sea Finance process
- Facilitate review of financial outcome for relevant area and participate in Performance reviews as necessary
Internal Control
- Ensure robust financial structures are in place (incl. alignment of cost codes and WBS)
- Sign off accruals for relevant area
- Prepare GAIT entity review for relevant asset in line with Regional guidelines
- Provide input to Adds & Supps in line with Regional guidelines
- Prepare relevant RCOP and Cash analysis
- Ensure Balance sheet integrity and sign off reconciliations
- Own and maintain Fixed asset register for relevant asset and assure DD&A outcome
- Report any Financial due diligence issues
- Complete quarterly Self Verification for area of responsibility
- Perform quarterly review of Financial Authority list to ensure Dofa is in line with organization within area of responsibility
- Provide communication and training for relevant function related to financial, accounting and control matters
- Promote and enhance financial awareness and ensure Internal Control compliance within area of responsibility
- Provide financial input to Business Development opportunities as required
Audit support
- Act as the company representative for any JV audit within area of responsibility
- Participate in Audit meeting as requested and review activities within area of responsibility
- Review draft reply to audit requests within area of responsibility to ensure that a consistent message is given to the Auditors
- Support Internal audits (Statutory and Group) as requested
Accenture Relationship
- Serve as liaison between the company and Accenture on the execution of objectives within area of responsibility
- Provide context and direction to Accenture MI Accountant and provide coaching as required
- Participate in defined ‘Customer Group’ meetings within area of responsibility (Accenture to call for monthly Performance Review meetings) and provide contract performance management input in line with agreed Governance process
- Actively participate in the company and Accenture common meetings
Monitor FM/AFE requests within applicable Asset
- Ensure a FM cost tracking system is in place and reports spend against approved FM amounts on a regular basis.
- Advice on any requirements for supplement FM.
- Make sure that Master data structure is updated with relevant information to be able to track actual AFE cost directly from SAP
Formal skills requirements:
Technical skills/Education/Experience:
- University degree in Business Administration, Financial, Accounting or similar
- Experience with (and/or training in) general accounting principles.
- Min 3-5 years relevant experience from the Oil industry
Personal skills:
Interpersonal skills
- Good communication skills, proactively seeking advise from others and share own experiences with group
- Fluent in English and Norwegian language
- Ability to priority tasks according to urgency and importance
Please apply to rune@competentia.no or ove@competentia.no