Statutory and Regulatory Accountant

Airswift; London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A leading company in the energy sector is seeking a Statutory and Regulatory Accountant based in London for a 12-month contract role. The ideal candidate will manage regulatory reporting, develop internal controls and ensure compliance with accounting principles. This position offers a hybrid work schedule and a chance to contribute to important projects in the renewable energy industry.

Qualifications

• Master's degree or equivalent in Accounting or related field required.
• Strong understanding of statutory accounting principles necessary.
• Experience in oil and gas or energy industry is essential.

Responsibilities

• Responsible for regulatory reporting to the relevant authorities.
• Prepare financial statements and manage audit processes.
• Ensure compliance with internal control and regulatory frameworks.

Skills

Statutory Reporting

Auditing

Financial Analysis

Education

Master’s degree in Accounting, Economics or Business Management

Professional qualification (ACCA, CA, CIMA)

Tools

Microsoft Excel

SAP

Job description

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• Work Schedule: Hybrid (3 days at the office / 2 days from home)
• Recruiter: Mariana Cortez
  
  

• Location: London, UK
• Project: CCS Project
• Duration: 12 months (renewable)
• Work Schedule: Hybrid (3 days at the office / 2 days from home)
• Recruiter: Mariana Cortez
  
  

Key Words: Statutory Reporting, Administration, Accountant, Auditing, Statutory Accounting Principles.

Our Company

Airswift is an international workforce solutions provider. With 9,000 contractors operating in over 70 countries, Airswift's geographical reach, experience and expertise across the oil and gas, energy, mining, infrastructure and technology sectors is unparalleled.

We are currently searching for a Statutory and Regulatory Accountant to be based in London, UK and work on a 12-month contract with the possibility of extension.

Job Description

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 of company’s Liverpool Bay CCS Limited (“LBA CCS”). The role also requires providing support in accounting and reporting of other CCS companies as required.

Main Responsibilities

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

Prepare, Analyze 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 includes 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 semiannual 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’s 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 to IFRS and CCS License requirements i.e. listed company.
• Ensure that the reporting information is provided to the Regulator, License authorities, Lenders and company’s head office efficiently and according to the stipulated deadlines.
• Ensure that the internal reporting to the company’s HQ is consistent with accounting data (i.e. SAP to Mastro reconciliation).
• Prepare monthly reconciliations and accounting schedules for designated accounts, including intercompany accounts.
• 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.
• 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.
• Contributes to the development and maintenance of internal procedures ensuring adherence to MSGs, internal control frameworks and regulatory frameworks.
• Ensure compliance with the Accounting Procedures and Regulatory framework.
• Support monthly and yearly accounting by closing the books process.
• Provide support with Statutory and Regulatory audit processes.
• Participate in any CCUS Project related activities as directed.
• Ad hoc duties may be required.
• Ensure adherence to the Company’s Health, Safety & Environment policies, procedures and standards.
• Comply with the company’s Code of Ethics and Compliance Model.
• Comply with the HSE Critical roles should your position contain any HSE Critical tasks /duties. Please refer to the UK HSE IMS C1-SYS-01 – HSE Critical Roles – accessible via company’s UK Intranet.
  
  

Main Interfaces (Relationships):

Internal

• Day-to-day close working relationship within the Finance Dept. as well as with other technical and supporting departments and senior company management (whenever required).
• Working relationship with other affiliates and subsidiaries managed by company’s CCS Holding Ltd.
  
  

External

• Statutory & Regulatory auditors.
• The regulator, lenders and other external stakeholders.
• Attend and provide inputs as required related to the CCS business.
  
  

Education & Professional Qualifications:

• Master’s 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 principles.
• Extensive relevant experience in 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 Experiences 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.
  
  

Behavioral Competencies: Demonstrate Company’s Model of Excellence

• Sharing of Knowledge & Know-how
• Courage to change
• Teamwork
• Passion
• Setting an example
• Good communication and interpersonal skills.
• Ability to prioritize work and meet strict and changing priorities and deadlines.
  
  

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.
  
  

The next step We have an exceptional team in place, and we are pleased to be able to appoint another person to our growing business. We are aware that you may not ‘tick all the boxes, but if you believe you can genuinely offer some valuable skills and experience to our business, please in the first instance contact our recruitment partner Airswift.

For further information please apply with your updated CV or email Mariana Cortez at [e-mail]

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Contract

Job function

• Job function

  General Business, Administrative, and Customer Service

• Industries

  Renewable Energy Semiconductor Manufacturing, Chemical Manufacturing, and Utilities

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