Accounting Supervisor

Overview

Supervise accounting team, oversee AP/AR, intercompany reconciliations, JV billing and compliance.

Key Responsibilities

• invoice processing
• month-end close
• intercompany reconciliation
• jv billing
• tax compliance
• team management

Tasks

To coordinate and supervise the accounting function covering accounts payable, accounts receivable, intercompany reconciliations, and joint venture billing. This role has overall responsibility for managing and supervising the accounting team and its respective activities to ensure accuracy, compliance, and efficiency in financial operations. -Monitor intercompany service agreements and support the process of raising appropriate work orders. -Oversee preparation of BACS and manual payment forms on a weekly basis. -Ensure timely completion of National Statistics and other external finance-related requests. -Manage, supervise, and develop the accounting team, including performance appraisals, training, and career development. -Fully comply with our clients Code of Ethics and Compliance Model principles. -Monitor and approve creation and modification of vendor and customer master data. -Ensure compliance with the Risk Control Matrix (RCM) and related procedures. Maintain appropriate control documentation and timeliness of execution. -Ensure timely issuance of Joint Venture (JV) billings. -Review and ensure timely invoicing of recharges to Group companies and third parties in compliance with contractual terms to maximize cash flow. -Coordinate collection and review of documentation for JV audits to ensure compliance with internal procedures. -Ensure adherence to the Company’s Health, Safety & Environment (HSE) policies, procedures, and standards. -Support internal compliance audits within relevant areas. -Review and approve monthly Withholding Tax (WHT) payment proposals and prepare quarterly WHT returns; liaise with overseas tax advisors for filings. -Communicate with suppliers, JV partners, and customers to resolve invoice disputes and general queries. -Assist auditors with queries and collection of invoice samples. -Ensure accurate and timely recording of payroll journals and monitor clearing of employee accounts. -Oversee working capital GL accounts, ensuring accuracy and timely reconciliations; escalate issues requiring cross-functional coordination to the Finance Manager. -Coordinate the month-end closing process, including review of accruals, reversals, and various journal entries. -Liaise with Finance teams (Treasury, JV, Budget, Tax, Corporate Accounting, and Internal Controls) to address mutual issues. -Supervise recharges of costs to other Group companies and third parties. -Oversee statutory reporting of payables analytics, ensuring publication within required deadlines. -Propose and implement improvements in control execution and documentation where applicable. -Finance sections (Treasury, Budget, Tax, Corporate Accounting, JV Accounting, Internal Controls) -Review quarterly reconciliations of intercompany revenues, costs, and balances (in original currency and sterling). -Review and approve all invoices and manual journal entries processed by the team.

Requirements

• sap
• excel
• acca
• accounting degree
• 5+ years
• oil&gas

What You Bring

-Strong communication and interpersonal skills. -Self-motivated, proactive, and adaptable team player. -Experience in a reputable accounting practice desirable. -Minimum five years post-qualification experience with a recognized professional accounting body (e.g., CA, CIMA, ACCA). -Proficient in Microsoft Excel and Word. -Strong knowledge of SAP. -Degree in Accounting, Economics, Business Management, or related discipline. -Ability to prioritize and meet tight deadlines in a dynamic environment. -Oil & Gas industry experience preferred. -Proven experience in a similar accounting supervisory or management role.

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Benefits

Hybrid: 8 days working from home per month

About First Recruitment Group

-Founded with a vision to bridge the gap between talented professionals and leading companies. -Focused on providing tailored recruitment solutions to a wide range of industries. -Specializes in key sectors such as industrial, energy, infrastructure, and construction. -Has a strong track record of successful placements across the UK and beyond. -Works with both large multinational corporations and local businesses, creating lasting partnerships. -Known for its ability to deliver complex projects, matching talent with both technical and operational needs. -Offers recruitment services for both permanent and contract positions. -Utilizes an extensive network to source the best candidates across niche sectors. -Has a deep understanding of the industries they serve, ensuring they provide the right fit every time.

Sector Specialisms