Accounting Lead at WTS Energy

Job Purpose:

Role holder will be responsible for ensuring accurate and timely financial reporting, compliance with regulatory requirements, and implementing best practices in accounting procedures.

Service Description

• Prepare and analyze monthly, quarterly, and annual financial statements in compliance with GAAP (Generally Accepted Accounting Principles) and industry standards.
• Coordinate with internal stakeholders to gather financial data and ensure accuracy and completeness of reporting.
• Present financial reports and analysis to management, providing insights into financial performance and trends.
• Assist in the development of annual budgets and forecasts for the upstream division.
• Monitor budget performance, identify variances, and collaborate with operational teams to address deviations and optimize financial outcomes.
• Establish and maintain robust internal controls to safeguard company assets and ensure compliance with regulatory requirements and corporate policies.
• Conduct periodic reviews and audits to assess the effectiveness of internal controls and identify areas for improvement.
• Conduct financial analysis to support strategic decision-making and business planning initiatives.
• Collaborate with cross-functional teams to evaluate investment opportunities, assess project economics, and optimize capital allocation.
• Coordinate external audits and liaise with auditors to facilitate the audit process.
• Ensure compliance with tax regulations and oversee the preparation of tax returns and related filings.
• Lead and mentor a team of accounting professionals, fostering a culture of excellence, accountability, and continuous learning.
• Provide guidance and support to team members, promoting their professional growth and development.

KNOWLEDGE/ SKILLS REQUIRED

• Strong knowledge of GAAP and financial reporting requirements.
• Experience with ERP systems and financial software (e.g., SAP, Oracle, Hyperion).
• Excellent analytical skills with the ability to interpret financial data and trends.
• Demonstrated leadership abilities with a track record of building and developing high-performing teams.
• Effective communication and interpersonal skills, with the ability to collaborate across functions and influence decision-making.
• Detail-oriented mindset with a commitment to accuracy and integrity in financial reporting.
• Demonstrated leadership abilities with a track record of building and developing high-performing teams.

PROFESSIONAL QUALIFICATIONS REQUIRED

• Bachelor’s degree in accounting, Finance, or a related field.
• Candidate must be ICAN/ACCA Certified.
• Experience from any of the BIG-4 Audit firms.
• Proven experience in financial accounting, preferably in the oil and gas industry with exposure to upstream operations.