• 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.