Upstream Accountant – Family Office Oil
vor 1 Monat
We are seeking a detail-oriented and experienced Upstream Accountant. This position will focus on managing the financial operations. The ideal candidate will have a strong understanding of industry-specific accounting practices and compliance standards.
Key Responsibilities:- Oversee all financial and accounting activities related to upstream operations, including exploration, drilling, and production costs.
- Track and manage capital expenditures and operating expenses associated with exploration and production projects.
- Ensure accurate recording of financial data in line with IFRS, GAAP, and other relevant accounting standards.
- Prepare financial statements, management reports, and variance analyses for upstream activities.
- Work closely with technical and operations teams to monitor project costs, forecasts, and budgets.
- Audits and provide accurate financial data related to upstream operations for both internal and external audits.
- Maintain compliance with local regulatory requirements and taxation laws in the oil and gas sector.
- Support joint venture accounting and prepare financial reports for partners in upstream operations.
- Perform financial analysis to support decision-making in capital projects, asset acquisitions, and divestitures.
- Bachelor’s degree in Accounting, Finance, or a related field (Master’s degree or CPA is a plus).
- 5 years of experience in accounting, with specific expertise in the oil and gas industry, especially in upstream operations.
- Strong understanding of upstream accounting processes, including capital expenditures, operational costs, and revenue recognition.
- Solid knowledge of IFRS and/or GAAP.
- Proficiency in accounting software and ERP systems (e.g., SAP, Oracle) used in the oil and gas sector.
- Excellent analytical and problem-solving skills with attention to detail.
- Ability to work collaboratively with cross-functional teams in a fast-paced environment.
- Strong organizational skills and ability to handle multiple projects simultaneously.
- Familiarity with the financial aspects of Production Sharing Agreements (PSAs) and Joint Venture agreements.
- Knowledge of oil and gas taxation, regulatory compliance, and reporting standards.
- Strong financial modeling and forecasting skills.
- Experience with managing large capital projects and asset acquisitions.
- Flexible working environment with potential for travel to project sites.
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