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Drilling Accountant

Oil & Gas Services

Aberdeen

Permanent ⁄ £35000 - £60000

Updated April 29, 2012


• Assists and supports Drilling Engineers in the preparation of Authorisation for Expenditures (AFE's) and any supplemental that are required within an agreed timeframe
• Responsible for AFE and Cost Centre stewardship, monitoring project budgets and all expenses and capitalization related with the project.
• Responsible for ensuring that CTX or equivalent cost tracking system is updated with accurate information
• Responsible for the timely and accurate preparation of monthly Value of Work Done (VOWD) cost estimates and monthly/quarterly re- forecasts.
• Controls all financial activities related to Wells projects, liaising with other departments as appropriate.
• Responsible for the timely and accurate preparation of monthly Drilling and Well Service Cost Reports.
• Advises Wells Management of financial and accounting issues and makes recommendations relating to budget and financial control.
• Responsible for control of accounting activities related to Drilling within the operated assets.
• Undertakes analysis and investigation to ensure that the financial ledger reflects the current status of well costs incurred, through the accurate and timely booking of Service Entries and accruals.
• Responsible for the preparation of end of well reconciliations in accordance with SOAP 3 and within 6 months of well completion.
• Assists with the development of accounting policies and procedures for all aspects of Drilling and Well services activity.

Who we're looking for
• Fully conversant with standard oil and gas/joint venture accounting practices
• Previous experience of working within a drilling accounting environment
• Good understanding of drilling and well service operations
• Good working knowledge of financial systems and applications
• Proven ability to develop and maintain effective working relationships - at all levels - internally and externally

About our client
Oil & Gas Operator

What's on offer
An excellent salary

Michael Page Contact
For further info, apply or phone on 01224 219 050 .  Job Ref: 13221227
Your application will be sent to Sarah Brownie.

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Where specific UK qualifications are required we will take into account overseas equivalents.
Please note, any salary/salary range and benefits described in this advertisement, are indicative only. The actual salary offered to the successful candidate may vary and will be dependent on skills and experience.

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