NOV Finance Controller at WTS Energy

JOB SUMMARY

The NOV Finance Controller will be responsible for advising COMPANY`S Management on the finance matters and status of all Non-Operated Assets, and to ensure that all financial decisions of the company are optimal.
In carrying out the duties, the post holder will ensure that statutory, regulatory, governance, IFRS reporting requirements and best industry practices are compiled with.

KEY ACCOUNTABILITIES:

• Provide day to day support to the NOV Manager in the management of COMPANY`S NOV Assets
• Good understanding of JOA, relevant Shareholder Agreements, NOV funding arrangements, internal cost allocation model etc.
• Review and advice Management regarding submissions to partners for approval and make recommendations regarding positions to be taken by COMPANY`S on NOV financial matters.
• Responsible for preparing COMPANY`S annual NOV budget in prescribed format with supporting schedules; monitoring performance and investigating and reporting exceptions to Management.
• Engage operating entities for the details of Work Program and budget ahead of the formal engagements as per the governance framework of the Assets. Attend/stay close to the governance sessions to avoid surprises.
• Review COMPANY`S Financial obligations on the company’s NOV activities; engage Management on these obligations and secure necessary approvals to satisfy obligations.
• The role is required to properly understand the funding needs of the NOV assets and engage the Operator ensure the funding solution is suitable for the Assets and reflect COMPANY`S’s preference.
• Carry out analysis of NOV assets financials to ensure they reflect accurate status of the assets financial position and recommend areas requiring focus of Management.
• Other assigned tasks by the GM Finance.

QUALIFICATION AND EXPERIENCE:

• The candidate is expected to possess minimum of First degree and recognised professional accounting qualifications with relevant post qualification oil and gas experience; he/she must demonstrate in-depth knowledge and experience of raising