Senior Reporting Accountant vacancy at Three60 Energy


Senior Reporting Accountant 

Working at THREE60

At THREE60 you will find technically and commercially exciting work in a dynamic environment, where you can achieve your potential and ambitions. You will be part of an entrepreneurial team that shares and learns openly to achieve a common set of goals.

Senior Reporting Accountant

THREE60 Energy expands into renewable and energy transition growth markets.

Job posting date: 26/01/23
Closing date: 08/03/23
Contract Type: Permanent
Location: Aberdeen, UK
Responsible for: No direct reports

Company Overview

THREE60 Energy is a fast-developing energy services group whose aim is to deliver a more complete solution for owners, developers and operators of energy assets. Its strategy is to build a portfolio of oilfield services operating across the entire asset life cycle within the oil and gas industry both onshore and offshore. THREE60 has already acquired both capability and leadership across different geographies in Subsurface and Reservoir Engineering, Well Engineering, Facilities Engineering, Construction & Commissioning and Operations & Maintenance.

THREE60 Energy has a history of delivering integrated reservoir studies, field development plans, due diligence and independent reporting services since 2008.  In addition, THREE60 Energy has developed unique digital reservoir technologies, such as our Reservoir Management & LTRO services, and provides digitally-leveraged Production Engineering Services (PES) to several clients. 

Job Purpose

THREE60 Energy is currently recruiting for a conscientious & enthusiastic Senior Reporting Accountant to join the team in Aberdeen. The position is responsible for the financial consolidation of the group on a monthly basis, working with area finance teams to report results on a timely basis. In addition, this position is required to support the areas finance teams with statutory reporting, audit completion, and tax compliance.

Key Responsibilities & Accountabilities:

1. Financial Reporting & Compliance

  • Preparation of consolidated management accounts of the Group, including P&L, Balance Sheet, and Cashflows
  • Management of the overall close timetable for the group
  • Assist to meet Local GAAP statutory and tax filing requirements, working with area teams to obtain the relevant backups, support in preparation of annual statutory accounts and tax filing.
  • Preparation of Statutory consolidation for the group, including reserves reconciliations, investment eliminations, and minority interest entries in preparation for the year-end audit process
  • Primary point of contact with Group auditors and responsible the provision of required information to ensure the audit is completed on a timely basis

2. Group Reporting

  • Consolidation of key group KPI measures such as Backlog, and geographical and industry revenue analysis
  • Co-ordination of group Budget and forecast timetable
  • Preparation of Group consolidation for budget and forecasts, improving the process to make sure more efficient

3. Business Support

  • Support FD and CEO in understanding the group results and explaining variations to budgets and forecasts
  • Provide group financial figures and statutory entity data input to tenders as required

4. Treasury

  • Initial Preparation of group cashflow forecasts, working with the FD to refine assumptions
  • Reporting financial figures to bank to demonstrate compliance with covenants

5. Management and development of processes

  • Maximise the efficiency of financial processes, challenging the way things are done
  • Support business improvement initiatives across the business and the finance function, ensuring obtaining the maximum use out of the existing finance reporting system
  • Ad hoc projects as required to support finance manager and finance director


Knowledge & Qualifications

  • A recognised accountancy qualification [ ]
  • Hands-on experience of using accounting systems, strong understanding of statutory compliance and group consolidations preferred [ ]
  • Oil & Gas service industry or Accountancy profession experience preferable [ ]

Skills & Experience:

  • Previous experience gained either in industry or with a public accounting firm is required [ ]
  • Experience of working in an international group is preferred [ ]
  • Strong knowledge of UK statutory and taxation requirements, including VAT [ ]
  • Must be able to meet tight deadlines without fail and have problem-solving skills and a can-do approach to challenges [ ]
  • Strong excel skills required with an ability to manage large volumes of data and convert data to management information [ ]
  • Must be able to influence others to follow processes and provide the necessary inputs to allow the efficient reporting of results and forecasts [ ]

Status Codes

  1. Essential requirement [ ]
  2. Desirable requirement [ ]

Disclaimer: Please note the list of duties is not exhaustive in any way and may be changed at any time during the contract of employment.

Apply now to forward an up-to-date copy of your CV:

Your Application

Due to the anticipated high volume of applicants, we may be unable to personally respond to all applicants unless you are selected to progress in the recruitment process.

We would therefore like to take this opportunity to thank you for your interest in this vacancy.