Statutory & Regulatory Accountant

Statutory & Regulatory Accountant

Victoria, London – 8 days per month working from home which you can use as you wish

Inside IR35 - PAYE

Initial 12 Month Contract

A Statutory & Regulatory Accountant is required to work on an initial 12 month contract basis that will very likely be extended further and offer long term employment.

Do you have a strong Accountancy background and provide experience with ERP systems aswell as experience of working in the Oil & Gas/ Energy sector? This role would be a great fit for you!

Purpose:

The role main responsibility consists in supporting in respect of matters related to accounting, reporting to regulator, authorities and lenders, statutory accounts and audit management. The role also requires providing support in accounting and reporting of other CCS companies as required.

Main Accountabilities and Responsibilities:

Within the frameworks of company relevant MSGs internal control procedures to exercise effective management of accounting, reporting and finance activities for the CCS and other CCUS companies as required;

Prepare, analyse and submit:

Regulatory reporting: Monthly, quarterly and annual reporting to the Regulator, Secretary of State (SOS) and lenders in accordance with the relevant agreements

the annual regulatory reporting pack including reconciliation with the statutory accounts

monthly trial balances to the SOS and managing the responses related to any related queries

draft financial statements for reporting to SOS for each semi annual period, year end (March) and for the months ending December, April and May.

Monthly income statement (P/L), Balance Sheet (BS) and financial position reporting to company HQ and other stakeholders.

Quarterly actuals (P/L, BS, and financial position) using Hyperion Mastro/PCFM, incl./ additional Mastro forms for half year and year end.

Year End Financial Statements and detailed analyses of selected items, according IFRS and CCS License requirements i.e. listed company.

As the Statutory and Regulatory Accountant, you will ensure that the reporting information is provided to the Regulator, License authorities, Lenders and company head office efficiently and according to the stipulated deadlines.

To ensure that the internal reporting to the company HQ is consistent with accounting data (ie. SAP to Mastro reconciliation).

To prepare monthly reconciliations and accounting schedules for designated accounts, including intercompany accounts.

As the Statutory and Regulatory Accountant, you will contribute to the reporting required from lenders in relation to accounting matters

Contribute to the setup of accounting and reporting systems and reports in line with HQ, Regulatory and project financing requirements.

Develop and maintain internal control and effective accounting system and policies.

As the Statutory and Regulatory Accountant, you will liaise with other sections within the Finance department, i.e. treasury, insurance, internal control and tax, as well as with other technical and supporting departments wherever necessary for internal or external processes in order to support the CCUS business activities in an effective and efficient manner.

Provide constructive advice for the management and other technical and supporting departments, within the controlling frameworks, procedures and regulatory framework, from accounting perspectives, on the best approach and support decisions to resolve issues which may arise during operations.

Contribute to the development and maintenance of internal procedures ensuring adherence to MSGs, internal control frameworks and regulatory framework.

As the Statutory and Regulatory Accountant, you will ensure compliance with the Accounting Procedures and Regulatory framework

Support monthly and yearly accounting closing the books process;

Provide support over Statutory and Regulatory audit processes.

Participate in any CCUS Project related activities as directed

Education & Professional Qualifications:

Master degree in Accounting, Economics or Business Management or equivalent (essential, OR

Professional qualification (ACCA, CA, CIMA or similar) with strong understanding of International and statutory accounting principle

As the Statutory and Regulatory Accountant, you will have extensive relevant experience in a senior Accounting and other Finance roles within the Oil & Gas or Energy industry (essential)

Extensive knowledge of Microsoft Office packages, particularly Excel (at advanced level), and knowledge of SAP (essential)

Required Experience and Technical Competencies (relevant experience and technical skills):

Work cooperatively and effectively with others to set goals, resolve problems and make decisions that enhance effectiveness;

Flexible and proactive;

Aptitude to work in multi-cultural and multi-tasking environments;

Establish and maintain positive working relationships with others both internally and externally to achieve goals;

Communicate effectively, both written and verbally.

Working Conditions

Flexibility to work overtime may be requested during year-end and quarterly closing periods or in special circumstances;

Available to travel and work on sites in the UK as may be required from time to time

First Recruitment Group are committed to finding the right candidates for our clients, and the right companies for our candidates to work for. We’re passionate about putting people first, and take pride in being able to offer an all-round service for candidates and clients with our payroll solution, MyPay+ and workforce management solution, Operam.

As part of putting people first, we strive to be an equal opportunities employer and we are always looking to increase the diversity of our workforce, working closely with our clients to ensure everyone is included.