Contract type: Position will be on a PAYE contract basis
Duration: 9 months (approx)
About the Company
Repsol is a multi-energy company committed to a sustainable world with a forward-looking vision based on innovation, efficiency, respect, and value creation to drive progress in society. We are present across the entire value chain: exploration and production, transformation, development, and marketing of energy that is efficient, sustainable, and competitive for millions of people. With over 80 years of experience, Repsol has been present in the entire oil and gas value chain in a sustainable and competitive way.
About the Role
The Accounting & Reporting Lead is responsible for ensuring the accuracy and timeliness of statutory consolidated UK Group and legal entity reporting, statutory audit and monthly consolidation and financial reporting activities. The role also oversees partners are provided high quality and timely information in line with the requirements in the JOA. The role oversees timely delivery of reports to shareholders, boards and executives ensuring strong internal governance, controls, and compliance with the accounting standards. Collaborating with the central team, the role drives adherence to accounting standards and regulation in the UK as well as the adjustments required to adapt to the Shareholders reporting standards and HQ closing processes. The role fosters collaboration with various teams and drives continuous improvement for efficient reporting.
Responsibilities
* Deliver timely and accurate statutory legal entity reporting, ensuring it is free of material misstatements
* Oversee monthly consolidation and reporting, ensuring exceptional quality and adherence to high standards
* Keep up to date on regulatory requirements to the statutory accounts or the generally accepted accounting principles to anticipate any impacts on the Financial Statements and Statutory Accounts
* Guarantee on-time production of materials for Management Team with exceptional quality
* Partners with the central team to secure necessary expertise, following the new Repsol standard of working
* Foster a robust internal control environment by supporting internal control reviews and quarterly balance sheet reconciliations to uphold the accuracy of financial statements
* Champion adherence to accounting standards and policies, collaborating with the Head of Economic Reporting & Accounting to secure Management approval for any changes
* Develop strong working relationships with the group reporting team to facilitate seamless reporting
* Lead and support the Joint Venture Accounting group to reinforce their role as key focal point for JV partners and managing the reporting to the COO, CDO and asset managers on the operational performance of the assets
* Spearhead efforts to secure timely cash receipts from partners and promptly address late payments
* Ensure timely and accurate information on the financial statements for the tax management and planning
* Foster collaboration and identifying opportunities for efficiency gains in the Group Reporting through collaboration across different teams including (SAP, JV Accounting, Performance Management, Administration and G&A, Marketing, Planning, Tax, and others)
* Champion continuous improvement in governance and reporting processes to ensure accuracy of financial data
* Advocate for team adoption and utilization of SAP S4 HANA Public Cloud and SAP Analytics Cloud for enhanced accounting records and more efficient reporting
* Escalate key financial issues to the Head of Economic, Reporting & Accounting and CFO (on need basis) for timely intervention
Qualifications
Bachelors or Master's degree in Accounting, Finance or related field
Required Skills
* Relevant experience in the Accounting & Reporting domain
* Experience in financial reporting, consolidation, and forecasting roles
* Understanding of statutory reporting requirements and accounting standards
Preferred Skills
* Experience with SAP S4 HANA or similar ERP systems is preferred
* Experience in Oil & Gas industry is preferred
Pay range and compensation package
Pay range or salary or compensation
Equal Opportunity Statement
We are an equal opportunity employer, aiming to recruit, retain and develop our people based on merit. Recognizing the value of a diverse workforce, all applicants will receive equal treatment regardless of race, gender, nationality, age, sexual orientation, religion, disability, or any other characteristics protected by law.
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