ORGANISATIONAL CONTEXT & JOB PURPOSE
At INEOS Energy we produce and trade oil, gas, liquefied natural gas (LNG) and carbon credits. This is supported by our investments in low carbon technologies, which will help sustain our business through the energy transition. Direct examples of these areas are ‘Project Greensand’, our pioneering carbon storage project in the Danish North Sea and our investment in HydrogenOne Capital.
Reporting directly into the Financial Reporting Manager, the Financial Accountant will play a key role within the team preparing statutory accounts and group financial statements, assisting with annual audit and driving process improvements within the function for example. They will act as Financial Accountant for INEOS Energy Trading.
RESPONSIBILITIES & ACCOUNTABILITIES
Financial Information for decisions
- Prepare statutory accounts for UK legal entities (IFRS and FRS101) using Thomson Reuters OneSource Accounts Production system.
- Perform and coordinate the timely submission of the monthly Group financial statements to HFM system and Inter-company confirmations.
- Complete the monthly Inter-company / RBL loan / debt cost transactions and revaluation.
- Reconcile Balance Sheet accounts on a quarterly basis.
- Assist the Audit team for Group and Statutory Audit.
- Act as the main contact for transactional accounting for two business units.
- Advise on accounting treatment for extraordinary and non-routine business transactions.
Process improvements and ad-hoc projects
- Develop and maintain an approach of continuous improvement to financial reporting, SAP and business process issues to ensure maximum value is added to business decision-making processes.
- Undertake ad-hoc projects – supporting the development of new financial strategies and M&A activity.
Other
- Complete the quarterly and annual Office for National Statistics returns.
- Act as a mentor for the Finance Apprentices.
- Act as a backup within the Finance team in particular, accounts payable, accounts receivable and bank reconciliation process.
SKILLS, EXPERIENCE & EDUCATION
- Business Degree in Finance, Accounting or equivalent
- ACA or equivalent professional qualifications
- Experience in a major international group
- Ability to use modelling tools and present outcomes simply and concisely
- SAP and FHM experience (reports & workflow usage required)
- Advanced Microsoft Excel skills
- Experience in a trading environment would be beneficial
BEHAVIOURAL SKILLS & PERSONAL ATTRIBUTES
- Highly numerate with a high degree of accuracy and attention to detail
- Analytical
- Excellent communication skills (written and verbal)
- Keen problem solver
- Team player
- Exposure to Staff supervision / mentoring would be an advantage