First Recruitment Group
Revenue Accountant
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Job Opportunity: Revenue Accountant - 12 Month Contract - London/Hybrid
Job Title: Revenue Accountant
Location: London
Contract: 12 Month Contract
Hybrid: 3 days office, 2 days home
Purpose of the Role
To deliver accurate and timely revenue accounting, reporting, and analysis for Corporate entities, ensuring compliance with accounting standards, company policies, and regulatory requirements.
Key Responsibilities
Revenue Accounting & Reporting
- Ensure complete and accurate accounting and reporting of hydrocarbon revenue.
- Prepare and issue invoices accurately and on time to support cash collection.
- Review and validate self-bill invoices, ensuring correct recording within financial systems.
- Support intercompany invoicing processes between Business Units and Corporate functions.
- Perform account reconciliations and variance analysis, maintaining a strong control environment.
- Prepare monthly accounting and reporting in line with accounting policies and industry best practice.
- Continuously improve accounting and reporting processes.
- Support the development of business intelligence and reporting tools, promoting automation where possible.
- Deliver weekly cash forecasts to Treasury covering expected receipts and payments.
- Support the Tax team with Petroleum Revenue Tax (PRT) returns.
- Contribute to annual budgeting and planning activities.
- Build and maintain strong relationships with external stakeholders.
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Business & Audit Support
- Support company initiatives and continuous improvement programmes as required.
- Assist with the external audit process.
- Work collaboratively with other business functions to ensure effective delivery of financial and operational objectives.
- Undertake additional duties as reasonably required by management.
HSE, Ethics & Compliance
- Ensure all activities are carried out safely and in accordance with regulatory requirements, legislation, and Our Client’s HSES procedures.
- Adhere to Our Client’s Ethics and Compliance policies and procedures.
- Complete all mandatory compliance training requirements.
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Skills, Qualifications & Experience
Essential
- Degree qualified with a recognised accounting qualification (ACA, ACCA, CIMA or equivalent).
- Strong experience in revenue and production accounting within the upstream oil and gas sector.
- UK North Sea experience.
- Proven accounting and financial reporting background.
- Strong analytical and problem-solving skills.
- Experience using financial systems.
- Proficient in Microsoft Office applications.
- Excellent communication and stakeholder management skills.
- Strong focus on service delivery and adaptability within changing environments.
- Ability to deliver high-quality work under pressure and to strict deadlines.
- Self-motivated with a proactive approach and strong sense of ownership.
- Open, honest, and reliable.
Preferred
- Knowledge of Our Client’s HSEQ Policies and Business Management System (BMS).
- Awareness of Our Client’s Values and Business Principles.
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