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Accounting / Finance / Accounting / Finance
Santos Ltd Hiring for Finance Analyst Job at Perth Full Time
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About the Role:
Accountabilities are delivered in line with the Santos company values and Santos Management System (SMS). Key responsibilities of the role include:
About You:
How to apply:
About Santos
A proudly Australian company, Santos is a leading supplier of natural gas, a fuel for the future providing cleaner energy to improve the lives of people in Australia and Asia.
Santos is already Australia’s biggest domestic gas supplier, a leading Asia-Pacific LNG supplier and aims to be a world-leading clean fuels company, achieving net-zero emissions by 2040.
Santos will grow its clean fuels capability as customer demand evolves for zero-emissions LNG, hydrogen and other products through carbon capture and storage, nature-based offsets, energy efficiency and use of renewables in its operations.
Underpinned by a diverse portfolio of high-quality natural gas, oil and strategic infrastructure assets in the Cooper Basin, Western Australia, northern Australia and Timor-Leste, Papua New Guinea, Queensland and New South Wales, Santos seeks to deliver long-term value to shareholders.
Recognised for its disciplined, low-cost operating model, Santos is resilient throughout the commodity price cycle.
For more than 65 years, Santos has been working in partnership with local communities, providing Australian jobs and business opportunities, safely and sustainably developing Australia’s natural gas resources, and powering Australian industries and households
About the Role:
This position will provide financial information and analysis for Exploration-managed permits and joint ventures, including assisting in financial accounting, budgeting and forecasting. The Finance Analyst will work with the other members of the finance team to ensure analysis for all areas provides a clear understanding of:
- Business financial performance
- The financial impacts of key business decisions
- Individual cost drivers
Accountabilities are delivered in line with the Santos company values and Santos Management System (SMS). Key responsibilities of the role include:
Business partnering
- Act as finance business partner to the Offshore Exploration function, supporting in financial analysis and decision making.
- Responsible for day to day understanding of the function’s financial activities and performance.
- Provide advice to the asset in relation to financial considerations
- Support cost reduction / optimization initiatives.
Joint venture management
- Recognize impact of Joint Venture equities and obligations on financial performance.
- Ensure compliance with terms of relevant Joint Operating Agreements.
- Provide input to Exploration team for preparation of WP&B and AFE for the Joint Venture.
- Prepare JV cash requirements forecasts. Review, approve and issue JV cash calls and approve once prepared.
- Provide required inputs for monthly JV financial reporting obligations
- Maintain relevant financial models.
- Coordinate JV & external audits for the project as required
- Participate in, or support, JV operating committee.
Cost management & reporting
- Prepare analysis and commentary for monthly results, for feed into Division Performance reporting.
- Prepare functional forecast in line with Group and Division timelines and requirements.
- Prepare functional input to the annual budget process.
- Provide input to Divisional management reporting requirements to support financial understanding and decision making
Month end
- Preparation of monthly accruals.
- Advise on and prepare one-off / ad hoc journals.
- Perform required financial analysis for the function and related permits.
- Provide function-specific commentary to feed to monthly Asset Performance Reviews.
About You:
- Tertiary Degree in Accounting, Commerce or similar
- Completed, or working towards, professional qualification (CA, CPA or equivalent)
- Minimum 6 years accounting experience, preferably in the Oil & Gas industry
- Sound knowledge of accounting standards and financial reporting requirements.
- Highly proficient in MS office products and data modelling / manipulation
- Experienced SAP user
How to apply:
Applications must be submitted via the online recruitment system before COB 26th September 2021