Accountant – Oil & Gas -(M&F) UK872910

CompanyMorgan Philips Group

LocationLondon Area, United Kingdom

Posted At12/5/2025

UK Visa Sponsorship Analytics

Occupation Type

Book-keepers, payroll managers and wages clerks

Occupation Code Skill LevelMedium Skilled

Sponsorship Salary Threshold

£41,700 (£21.38 per hour)

Standard minimum applies

Above analytics are generated algorithmically based on job titles and may not always be the same as the company's job classification. You can also check detailed occupation eligibility, and salary criteria on our UK Visa Eligible Occupations & Salary Thresholds page.

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Description

Accountant – Oil and Gas

London (Hybrid – 4 days per week in office)

£55,000 - £60,000

Permanent Role

Role Overview:

Morgan Philips Specialist Recruitment are presently representing a leading independent oil and gas exploration and production company in their search for an Accountant to join their UK financial control team.

The successful candidate would be responsible for managing accounting entries in SAP ERP, processing invoices and bank transactions, and ensuring accuracy of financial documents. The role includes month-end close activities, maintaining the fixed asset register, supporting joint venture accounting, and collaborating with various departments. The role will offer career progression and be part of a high calibre finance team.

Key Accountabilities:

Record and review accounting entries in SAP ERP, including processing invoices and bank transactions.
Review accounting documents to ensure accuracy of information and calculations and direct correcting entries.
Manage month-end close activities including general ledger, intercompany reconciliations and preparation of supporting schedules.
Maintain and monitor the company’s fixed asset register.
Support joint venture accounting processes, including partner billing, cost recovery, and reconciliations.
Collaborate with operations, treasury, and tax to ensure timely acquisition and processing of financial information.
Prepare monthly financial reporting package (B/S, P/L, Cash Flow, KPIs).
Assist with annual audit and statutory reporting preparing documentation and liaising with external auditors.
Contribute to continuous improvement of financial processes, controls and SAP utilisation.

Qualifications and Experience:

ACA or ACCA qualified or equivalent qualification
4 or more years of working experience in accounting.
Experience in Oil & gas or similar extraction-related industry.
Strong knowledge of international accounting standards (IFRS) and their application.
Proficiency in ERP systems (SAP strongly preferred) and advanced Excel skills.