Assistant Accountant

Posted 01 March 2023
Salary £30000.00 - £35000.00 per annum
Job type Contract
DisciplineAccounting & Finance
Contact NameSamuel Everton

Job description

An opportunity has arisen to work for a leading Oil & Gas Group as an Assistant Accountant. Due to positive developments and growth the organisation is seeking a commercially astute finance professional to work closely with the Financial Controller on a 9 months FTC basis with a view to go perm.

The responsibilities as Assistant Accountant include:

  • Prepare weekly cash flow forecast, including and not limited to the following:
    • Prepare the cash flow model on a weekly basis, with a 13-week outlook
    • Reconciling the cash flow model to actual cash movements in the week
    • Cash flow report to be prepared for analysis by activity and supplier where applicable
    • Liaise with relevant business stakeholders to obtain inputs in preparation of the 13-week forecast, including:
      • Phased short term project and corporate related commitments on cash basis
      • Phase existing invoices in the accounting system as well as outstanding accruals
      • Phasing and tracking of all other related expenditure and receipts such as sales, JV funding, contractual payments (bond, deferred considerations, legal payments etc)
      • Compare existing invoices and commitments with expected supplier run rates and adjust cash flow where necessary
  • Analysis of short-term currency requirements; Providing support to the CFO and Financial Controller with FX trades when needed
  • Bank liaison including:
    • Reviewing credit limits
    • Onboarding/Support for new Bankline users
    • Maintenance for corporate debit/credit cards
    • Constant review of banking terms, rates
    • KYC process support if required
  • Monitoring timely receipt of the revenues and funding from JV partner
  • Other ad-hoc tasks include, and not limited to:
    • Assist the Management Account with preparation of JV billings statements
    • Providing report material to the Management Account and Procurement team on outstanding commitments

Assist Management Accountant with JV funding requirements dependent on inputs attained form the 13-week cash forecast

The successful applicant must have:

  • Minimum 3 years experience in finance
  • Pro actively studying accounting qualification
  • Excellent attention to detail
  • Strong understanding of the need for a controlled environment and adherence to procedures