JV Accountant

JV Accountant


Company Cairn
Job Title JV Accountant
Type of contract Permanent
Location Stavanger, Norway

Purpose of Role 

To assist the financial department to meet its principal duties according to applicable accounting standards and management expectations.

Responsible for the day-to-day accounting processes, including budgeting and reporting, including preparation of Joint Venture billings and cash calls.

Principal duties

Preparation, processing and reporting

  • Responsible for Joint venture accounting including monthly cash call, billings, Farm-in, reconciliations and cost control of Joint Venture licenses on the UK & Norwegian continental shelf.
  • Responsible for maintaining the Operated Joint Venture gross and net financial records and reconciliations of such accounts including working capital
  • Responsible for the preparation of cash calls and/or invoicing and associated accounting
  • Responsible for the review of operated JV partner billing statements before they are issued
  • Assist in ensuring compliance with the financial requirements of the Licences, Joint Operating Agreements and other relevant agreements or legislation as required
  • Assist in preparation of internal and external reports (routine and non-routine)
  • Assist with the preparation of financial budgets and AFEs for joint venture activities
  • Assist in preparing responses to Partners and Government queries on AFEs, billings, and other reports
  • Participation in monthly, quarterly and yearly closing process and reporting to headquarters
  • Internal financial controls and risk management

Budget and Forecast processes

  • Participate in the Budgeting, forecasting and financial planning processes
  • Cash forecasting, VAT returns, internal cost allocation, etc…

Systems and Procedures

  • Participate in the review, establishment, implementation, documentation and improvement of the financial systems, procedures and controls for the UKN

Skills/Experience Required


  • University degree in accounting/finance or other relevant education
  • Qualified accountant

Relevant Experience/Skills

  • Accounting experience preferably from the oil and gas industry with understanding of applicable accounting standards.
  • Familiar with JV accounting principles on the UK & Norwegian continental shelf.
  • Advanced user of excel and UNIT4
  • Ability to work independently and as a team player
  • Fluent in Norwegian and English

Company Values and High Performing Behaviours


  • Respect
  • Relationships
  • Responsibility

High Performing Behaviours

  • Be Safe
  • Be Focused
  • Be Open
  • Be Collaborative
  • Be a Leader
  • Be Empowered
  • Be Entrepreneurial


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