Statutory & Regulatory Accountant

Robert Walters UK; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A global natural resources company is seeking a Statutory & Regulatory Accountant for a 12-month rolling contract in London. The role involves managing accounting activities, preparing regulatory reports, and ensuring compliance with financial standards. Ideal candidates will have a strong background in the oil & gas industry and relevant qualifications.

Qualifications

• Experience in senior accounting and finance roles within the oil & gas or energy industry.
• Strong understanding of international and statutory accounting principles.
• Advanced knowledge of Microsoft Office, particularly Excel.

Responsibilities

• Manage accounting, reporting, and finance activities in accordance with internal control procedures.
• Prepare monthly reconciliations and accounting schedules for designated accounts.
• Support monthly and yearly accounting closing processes and audits.

Skills

Communication Skills

Proactive Approach

Ability to Work Cooperatively

Education

Master's degree in Accounting, Economics, Business Management, or equivalent

Professional qualification (ACCA, CA, CIMA)

Tools

Microsoft Excel

SAP

Job description

We are seeking a Statutory & Regulatory Accountant to join a global natural resources company on a 12-month rolling contract. The primary responsibility of this role is to support accounting, regulatory reporting, statutory accounts, and audit management.

Main Accountabilities and Responsibilities:

• Manage accounting, reporting, and finance activities in accordance with internal control procedures.
• Prepare,analyze, and submit:
  • Regulatory reporting: Monthly, quarterly, and annual reports to the Regulator, Secretary of State, and lenders.
  • Annual regulatory reporting pack, including reconciliation with statutory accounts.
  • Monthly trial balances to the Secretary of State and handle related queries.
  • Draft financial statements for reporting to the Secretary of State for each semi-annual period, year-end (March), and for the months ending December, April, and May.
  • Monthly income statements, balance sheets, and financial position reports to Eni HQ and other stakeholders.
  • Quarterly actuals using Hyperion Mastro/PCFM, including additional Mastro forms for half-year and year-end.
  • Year-end financial statements and detailed analyses of selected items according to IFRS and requirements.
• Ensure timely and efficient reporting to the Regulator, License authorities, Lenders, and internal team.
• Prepare monthly reconciliations and accounting schedules for designated accounts, including intercompany accounts.
• 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 systems and policies.
• Liaise with other sections within the Finance department and other technical and supporting departments to support CCUS business activities.
• Provide constructive advice on accounting perspectives to resolve operational issues.
• Ensure compliance with Accounting Procedures and the Regulatory framework.
• Support monthly and yearly accounting closing processes and statutory and regulatory audit processes.
• Participate in CCUS Project-related activities as directed.

Education & Professional Qualifications:

• Master's degree in Accounting, Economics, Business Management, or equivalent (essential), OR
• Professional qualification (ACCA, CA, CIMA, or similar) with a strong understanding of international and statutory accounting principles.
• Extensive experience in senior accounting and finance roles within the oil & gas or energy industry (essential).
• Advanced knowledge of Microsoft Office, particularly Excel, and proficiency in SAP (essential).
  
  Required Experience and Technical Competencies:
• Ability to work cooperatively and effectively with others to set goals, resolve problems, and make decisions.
• Flexible and proactive approach.
• Aptitude for working in multicultural and multitasking environments.
• Strong communication skills, both written and verbal.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates