Financial Business Lead

Financial Partner

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.

The world is re-thinking its energy supply and energy security needs; planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.

This is an exciting time to join us on this journey.

We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.

A key member of our team will oversee the preparation, analysis and reporting of financial information to support business decision-making. This role ensures accurate financial reporting, forecasting, cost management and analysis of results.

Main Responsibilities:

• Lead and manage a team of finance professionals to ensure accurate and timely delivery of accounting tasks, including project financials, reconciliations, and reporting.
• Provide coaching, guidance, and performance feedback to support team development and growth.
• Provide accounting advice and support on complex accounting matters, ensuring adherence to International Financial Reporting Standards (IFRS).
• Oversight of project financials, including review of sales and cost accruals, monthly review of the ageing of unbilled transactions and accrued income.
• Leading and collaborating with finance and cost controls team for monthly project closure to ensure timely and accurate reporting of financial results.
• Management of standard costing calculation including actuals to standard costing reconciliation monthly.
• Oversight and management of reconciliation of payroll charges.
• Revenue/cost accrual/provision for ad hoc items.
• Annual leave and long service leave accrual.
• Prepare weekly payment request to ensure all vendors are paid on time.
• Preparation and management of liquidity report.
• Planning for cashflow and liquidity purpose to ensure all vendor payments, payroll and tax obligations are met for Australia and NZ.
• Oversee payment release from AP and Treasury after board approval each week.
• Oversight of Accounts receivable balances. Follow up queries/requests to / from management/client regarding aged receivables.
• Assist in audit and year end disclosure requirements.
• Assist with monthly balance sheet reconciliations.
• Assist the Finance compliance team with inputs and queries.
• Review and analysis of overhead projects to ensure overhead costs are appropriately reflected and are within the budget. Prepare monthly overhead analysis pack and review with Finance Director.
• Assist Finance Director with Project P&L analysis and monthly reporting packs.
• Initiate process improvements and contribute to achieving organisational objectives.

About You:

• A recognised degree in Accountancy.
• Qualified CPA / CA / Nearing completion.
• Overall, 7 to 10 years of core accounting experience with minimum 5 years of experience in Project Finance.
• Minimum 2-3 years Oil and Gas Project finance experience.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work effectively in a fast-paced environment.

Benefits:

We offer a comprehensive benefits package that includes:

• Competitive salary and bonus structure.
• Generous leave entitlements.
• Ongoing training and professional development opportunities.
• Recognition and rewards program.

What We Offer:

We are committed to providing a positive and inclusive work environment that supports the well-being of our employees. We offer a range of benefits and programs to help you achieve your career goals and personal aspirations.

Our company values diversity and inclusion and actively seeks to create a workplace where everyone feels valued, respected and supported.

We are proud to be an equal opportunities employer and welcome applications from candidates from diverse backgrounds.