JV - Budget Accountant

Job Title: JV - Budget Accountant

Department: Finance

Directly Reports to: Lead Budget Accountant

Indirectly Reports to:Country Finance Manager

Job Summary

The Joint Venture Accountant is responsible for providing support to the Lead Budget Accountant and providing support on the various JV financial and reporting obligations to stakeholders, analysis, and compliance within the oil and gas industry. This role focuses on budgeting, performance, cost recovery, joint venture accounting and supporting the Lead Budget Accountant..

Key Responsibilities

1. Prepare and review monthly joint venture financial statements.
2. Assist in the preparation of budgets, forecasts, and variance analyses.
3. Reconcile accounts and resolve discrepancies.
4. Monitor joint venture costs and expenditures to ensure accuracy and compliance.
5. Allocate shared costs in accordance with joint venture agreements.
6. Investigate and resolve cost allocation issues.
7. Ensure all financial transactions comply with joint venture agreements and relevant accounting standards.
8. Assist in preparing for audits and responding to auditor queries.
9. Maintain accurate and up-to-date records for audit purposes.
10. Participating and champion period end close.
11. Liaise with joint venture partners, internal departments, and external stakeholders.
12. Support the preparation of partner billings and cash calls.
13. Address queries and provide financial insights to management and partners.
14. Identify opportunities for process improvements and recommend solutions.

Qualifications

• Key qualifications for this role are:
  1. Bachelor’s degree in accounting or equivalent related field
  2. Minimum of 5 years’ industry related experience with at least 3 years’ experience in a similar role
  3. Knowledge of joint venture accounting principles, practices, and procedures
  4. Proficiency in Microsoft Excel and other accounting software
  5. Strong analytical and problem-solving skills
  6. Excellent communication and interpersonal skills to effectively collaborate with internal and external stakeholders
  7. Detail-oriented with the ability to prioritize and manage multiple tasks and deadlines
  Familiarity with IFRS or GAAP standards.
  

Core Competencies

Financial & Budgeting Expertise

Demonstrates strong capability in budgeting, forecasting, pricing structures, cost analysis, and financial reporting standards. Able to interpret financial data and support decisions based on sound financial principles.

1. Analytical Rigor & Validation Skills

Applies disciplined analytical thinking to validate pricing models (independently or with Sourcing), test assumptions, analyze variances, and ensure budgets are accurate, defensible, and strategically aligned.

1. Collaboration & Stakeholder Management
   Effectively engages multiple departments, gathers inputs, challenges assumptions constructively, and drives alignment during budgeting cycles. Skilled at managing complex stakeholder relationships, including upward management with senior leadership.
2. Communication & Business Influence
   Communicates financial insights clearly and confidently. Able to translate pricing impacts, financial risks, and budget implications for leadership and non‑financial partners, enabling informed decision‑making.
3. Integrity & Internal Control Orientation
   Maintains strong internal controls, ensures compliance, and upholds high ethical standards. Approaches the role as acontrol and assurance function, not just data gathering or reporting, and reinforces governance throughout financial processes.

No relocation support is available for this position. By submitting an application, candidates confirm that they are based in the advertised work location or will relocate at their own expense if selected.

At HEOSL we celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, national origin, disability status, or any other characteristic protected by law.