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Inventory Accountant

  • Location: Aberdeen
  • Job type: Contract
  • Sector: ACCA, Accountant, CIMA
  • Date posted: 06/05/2019
  • Job reference: VR/44343
This vacancy has now expired.
Raeburn Group are assisting our client, an Oil & Gas Operator, with an Inventory Accountant requirement. This is a contract role and will be based in Aberdeen.

The role is responsible for the provision of accounting support and guidance to the Aberdeen Support Functions and for ensuring a financially controlled environment governing expenditure.

Your main responsibilities will include:
- Developing strong working relationship with main interfaces within the Supply Chain Management & IT teams, representing financial matters in this sphere of activity
- Monitoring and reporting on circa GBP120M of Inventory balances, working with Drilling and Operations accountants & SCM colleagues to ensure accurate recording of Inventory materials
- Completing timely reconciliation of all Inventory balances
- Monitoring balances and working with SCM on timely repair/disposal of obsolete or surplus materials.
- Maintaining accounting policies & procedures for the Inventory Repair, Obsolescence, Capital/Insurance/Critical Spares
- Preparation of invoices relating to inventory sales and other entries into finance system of other 3rd party trades arising in Aberdeen office
- Provision of monthly Outlook forecasts and variance analysis for IT area of responsibility.
- Supporting the ongoing development of the SAP system and various initiatives, specifically in relation to issues affecting area of responsibility. Assisting with SAP set up for new country entries as required
- Ad-hoc duties as requested by the Support Services Accounting - Team Lead.

To be considered for this position you should be able to demonstrate:
- Finance degree or equivalent.
- Accountancy qualification or part-qualified (ACCA or CIMA) is preferable.
- Considerable accounting background in the oil industry is essential (experience of Inventory accounting is preferable).
- Ability to plan and prioritise in order to meet tight, sometimes conflicting deadlines.
- Ability to perform a critical review of financial information


Only those with the Right to Work in the UK should apply. Raeburn do not have the ability to provide visa sponsorship, therefore current valid ability to work in the UK is required.