Orion Group
Principal Accountant
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Principal Accountant - Oil & Gas Operator
We are seeking a Principal Accountant to support our Oil & Gas Operator client based in Aberdeen.
This is a 12 month PAYE Maternity contract role, working on a 4/1 hybrid.
What are we seeking:
We are looking for an experienced oil & gas accountant to support our Oil & Gas operator client based in the centre of Aberdeen.
You will have a background in the oil & gas sector, ideally within an Operator.
Ideally you will already be based in the Aberdeen/Aberdeenshire area.
Responsibilities:
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Financial Close & Reporting Accountability
- Lead and deliver the successful completion of all month-end, interim, and year-end deliverables.
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Audit Delivery & External Relationships
- Deliver clear and efficient year-end and interim audits.
- Support Corporate Accounting in preparing the statutory accounts in line with relevant requirements (IFRS and GAAP).
- Build and manage relationships with external auditors.
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SAP Master Data Oversight
- Oversee relevant and controlled SAP master data changes (e.g., WBS, hierarchies, profit/cost centres) to support business operations.
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Accounting Process Improvement
- Lead continual improvements in key accounting processes, including Impairment, Annual Decommissioning Reviews, and Revenue Accounting.
- Work with the Controls function to implement findings from internal and external audits.
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Advisory on Significant Accounting Matters
- Act as an advisor on significant or one-off accounting and reporting matters (e.g., acquisitions, disposals, legal entity changes), ensuring they are reflected correctly in systems and processes are completed to conclusion.
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Financial Systems & Data Management
- Participate in User Acceptance Testing (UAT) for system changes.
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Specialized Financial Processes
- Lead the impairment assessment process (half-year and year-end), including:
- Provide economic assumptions and data inputs.
- Build and run valuation models (asset values and goodwill).
- Collaborate with Tax to ensure accurate portfolio tax modelling.
- Review and challenge key assumptions and inputs.
- Prepare analysis and supporting audit requirements.
- Support the annual Decommissioning Review process.
- Any other associated duties as reasonably required.
- Lead the impairment assessment process (half-year and year-end), including:
Competence & Qualifications
Technical Skills
- Strong all-round financial and technical accounting skills & knowledge.
- Strong Excel capability – experience of building/improving models.
- Strong SAP ERP, BW & BPC knowledge.
- Critical thinking and analytical skills to provide check and challenge to the business in their decision making in an effective and constructive manner.
- Excellent coaching and knowledge transfer skills – can deliver through others.
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Qualifications
- Qualified accountant (ACA, CA, ACCA, CIMA).
- Relevant University degree.
About Us:
People are our business worldwide
Orion Group was founded in 1987 and is now one of the largest, independent, international recruitment companies. We have a network of 200 employees working from 24 offices, delivering a range of services – Talent Acquisition, Recruitment Outsourcing Services, Retained Search, Global Workforce Solutions, Completions & Commissioning and Materials Management – across 68 countries. As a global leader in workforce solutions, we recruit personnel across the Engineering & Technical, Office & Commercial, Scientific and Skilled Trades disciplines, for sectors including Oil & Gas, Life Science, Power & Utilities, Constructions & Infrastructure, Manufacturing and Renewables.
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