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NOV Finance Controller

Closing: May 1, 2024

2 days remaining

Published: Apr 16, 2024 (14 days ago)

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Job Summary

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Qualifications and Experience
  • The candidate is expected to possess a 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.
Responsibilities
Qualifications and Experience
  • The candidate is expected to possess a 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.
  • 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.

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