Job Description

Our client is currently recruiting for a Finance Business Partner. Based in Aberdeen, the role is on a 12 month contract basis and offer hybrid working.
ROLE
The role will be responsible for the provision of financial planning and analysis support for the Buzzard asset. This includes but is not limited to - budget preparation/approval, cost forecasting, partner billings, life of field, PAF/AFE preparation, partner liaison, monthly cost analysis. Be the finance business partner for the Buzzard asset - provide financial advice and challenge to deliver value and manage costs for Buzzard as part of the asset leadership team.
RESPONSIBILITIES

• Provide key customers (Asset Manager/Team, Finance & Co-venturers) with value-adding financial information that is timely, accurate, meets their needs and aids decision-making. This role is predominantly forward-focused - using financial information from historic trends (YTD/prior years) to inform forecasts, budgets and strat plan inputs.
• The Finance Business Partner is expected to be a key part of the asset leadership team and to provide support and critical analysis to their key customers on ad-hoc questions/queries to support the business's drive to understand and manage value.
• Responsible for managing relationships with the Co-venturers and ensuring the company meets their information requirements and obligations under the various Joint Operating Agreements. This includes preparation for and representing the company at Finance Committee meetings and regular attendance at Operating Committee meetings representing the views of the finance department. Focal point for all partner financial queries; production of monthly partner reports and chair Financial Committee meetings.
• Liaison with other Finance Operations teams and the wider finance team in Aberdeen and Uxbridge to ensure ledgers, reports and billings accurately reflect asset operations, adhere to joint operating agreements and are in line with SOAP guidance.
• This role will be a focal point for the joint venture auditors and the incumbent will need to ensure they aware and understand audit points in their role as Finance Committee rep and business partner to the Asset Manager.
• Co-ordinate budget preparation to meet both internal work programme & budget (WP&B) and external co-venturer budget deadlines. Presentation of budget material for both internal and co-venturer review/approval.
• Prepare current year gross & net Opex, Capex and Abex (when required) outlook reporting for the asset. To control costs, detailed monthly forecasts are required to be updated for latest asset position and changes to plans.
• Prepare and present the financial results of the asset at the monthly asset stewardship meeting.
• Timely and accurate preparation of monthly asset management report with frequent clarification and dialogue with budget-holders. Chair the monthly cost review meeting.
• Prepare and issue all PAFs/AFEs in a timely manner. Monitor both company and Co-venturer approval. Ensure Approvers Authority Matrix is adhered to in sphere of activity and that the controls environment is followed, in co-ordination with the Internal Controls Advisor.
• Preparation and continued development of the planning model (for input into the Life of Field, Reserves and Strat Plan deliverables).
• The Finance Business Partner should also be able to cover for other team members within the Finance Business Partner team during vacation and short-term project work.
• Liaise with other departments (within & out-with finance) to ensure you have a thorough understanding of the business processes as they relate to your areas of responsibility. Develop strong working relationships with all members of the asset team, representing financial matters in this sphere of activity.
• Ad-hoc duties as requested by the Finance Business Partners - Team Lead.

REQUIREMENTS

• Educated to degree level (BA, BSc or equivalent)
• A qualified accountant (ACCA, ACMA or ACA or equivalent)
• Oil industry experience essential
• Experienced in Joint Venture & Operations accounting (including knowledge of Joint Operating Agreements and a solid understanding of SOAP guidance)
• An excellent communicator (both interpersonal and written). Able to listen, understand and explain effectively to both financial and operational audiences.
• Able to work under pressure and deliver timely results, proactive and have the ability to work in a fast- paced environment without compromising integrity
• Able to perform a critical review of financial information and have excellent systems skills - SAP BI and reporting experience is critical to enable effective analysis of asset performance

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Ashleigh Slatter
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