Management Accountant
3 weeks ago
Business and Functional Purpose
Through its merger with Oil Search, Santos has acquired and assumed operatorship over a world-class portfolio of oil leases on the Alaskan North Slope, USA.
Our focus in Alaska is advancement of our Pikka Phase 1 project, which includes a single drill site, an oil processing facility, and other infrastructure to support production of 80,000 barrels of oil per day.
Pikka has been identified as being among the top quartile of oil and gas development projects for greenhouse gas emissions performance. Pikka is poised to play an important role in the energy transition and is aligned with our company goal of managing climate change risk.
The Pikka Unit is one of the largest conventional oil discoveries made in the United States in the last 30 years, and the Pikka Phase 1 Project is the most significant development on Alaska's North Slope in more than 20 years.
The permitted Pikka development project includes two additional drill sites. The Alaska assets also include discoveries made from both the Mitquq and Stirrup exploration wells drilled in 2020. These opportunities combine to offer a clear path to long-term growth in Alaska.
Position Purpose
Reporting to the Senior Finance Manager, the Management Accountant is assigned to the Alaska Business Unit ("BU") and will provide the BU senior leadership with all information related to volumes, revenues, expenditures and cost controlling for the BU. The position is responsible for reporting and controlling expenditures in compliance with the objectives of annual cost and revenue budgets and Santos Ltd. Standards in terms of project and operations cost control.
The position will work closely with all BU departments including the Development, Production Operations, and Project Management teams as well as the Drilling and Completions organization.
Key Accountabilities and Responsibilities
- Monitor and partner with the BU to manage expenditures and support decision making across the Business.
- Monitor contractual terms, production operations, and value of work completed against invoices received to determine monthly accruals.
- Support the preparation and reporting of annual budgets, monthly performance reporting, and tracking against KPIs, and prepare analysis and commentary for results.
- Review and updating of cost coding and allocations.
- Review, analysis, and updating of production operation forecast values.
- Develop cost controls, operating metrics, and reporting procedures in readiness for first oil operationalization.
Qualifications, Skills and Experience Required
Formal Qualifications
• Bachelor's Degree in finance or business
• MBA, CPA, or any relevant cost control certifications would be highly desirable
Experience
5+ years of progressive experience in finance or accounting
• Knowledge of the upstream oil and gas industry would be preferred ideally from within an exploration and production company
• Experience working on oil and gas production operations and major capital projects, ideally in a harsh weather or logistically challenging environment
• Experience with joint venture and IFRS accounting would be desirable
Skills/Technical Competencies
Excellent oral and written communication skills
• Strong problem solving, data modelling, and analytical skills
• Proficient computer skills with MS Office Suite (Word, Excel, Power Point, Outlook, etc.)
• Experience working with SAP and Essbase would be desirable
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