Company: Hydrasun Limited
Skills: Accounting
Other Skills: Accounts Payable, Management Accounting
Experience: 6 + Years
Education: Bachelors/3-5 yr Degree
Employment Type: Full Time Salaried Employee
Location: Aberdeen, Scotland, United Kingdom

In order to apply for this position, applicants MUST meet the following criteria. If your resume does not match these criteria, you will not be able to apply for this position.

Authorized to work in: United Kingdom

Hydrasun is a leading specialist provider of integrated fluid transfer, power and control solutions to the energy industries, successfully delivering flexible hose, integrated instrumentation products, umbilical solutions and integrity management services worldwide.

We are recruiting for an experienced Management Accountant on a permanent basis within our Aberdeen office to aid the Finance department in achieving it's aim to provide:

  • effective financial transaction processing
  • assurance of necessary compliance with statutory and regulatory financial requirements
  • relevant and timely financial management information and analysis
  • advice and guidance for effective business management

The role of the Management Accountant is to support the Group Financial Controller and Chief Financial Officer in managing the provision of the above, by ensuring appropriate systems are in place to deal with transactional processing and assurance, to provide information and guidance to relevant users and by supporting the overall goals of the organisation. This will include the management of the Accounts Payable function.

Essential Experience, Qualifications and Competencies

  • Degree in accounting or nearing completion of post-graduate accounting qualification (e.g. CIMA, CA, ACCA etc) or QBE
  • Experienced in Finance / Accounts
  • Specific experience in Accounts Payable
  • Proven experience of managing a team effectively
  • High level of customer regard and focus (internal and external).
  • Confident communicator with excellent written and verbal skills; proven ability to manage staff.High level of competence with financial and ERP Systems.Good IT skills - particularly Excel and other MS Office products.
  • Team Player, excellent interpersonal and organisational skills and proven problem solver.
  • Conscientious, reliable, hard working, professional and motivated

Desirable Experience, Qualifications and Competencies

  • CIMA, CA, ACCA or equivalent.
  • Experience in Finance / Accounts / AP gained within an Oil & Gas environment

Responsibilities include but are not limited to:


  • Assist in preparing timely and accurate financial statements and reports including management accounts, company accounts, department accounts, and channel analysis.
  • Ensure accurate and timely workflow of AP processes, including but not limited to:-
    • managing daily, weekly and month end AP functions
    • reviewing and approving international and BACS payment runs
    • performing supplier payment term reviews to improve working capital metrics
    • performing aged creditor reviews and delegate actions accordingly
    • ensuring metrics are gathered, reported and communicated to the relevant people and departments
    • being the point contact for all issues relating to AP, particularly working with Purchasing and IT to ensure efficient processing and minimal disruptions to the supply chain
    • ensuring QMS and SMS procedure documentation is accurate and up to date
  • Raise the profile of the AP department within the organisation and to help ensure that the department is motivated, professional and respected throughout the organisation.
  • Ensure various tasks are being performed accurately and timeously, including but not limited to:-
    • Month-end process for assigned companies/branches
    • Fixed asset register maintenance
    • Employee credit cards and expenses
    • Customer rebates
    • Weekly cashbooks
  • Oversee reports and returns to regulatory authorities ensuring accuracy and timeliness.
  • Provide guidance on costs, cost drivers and ensuring awareness of full cost of products/services is provided.
  • Meet with other departments to assist with raising commercial awareness within the organisation.
  • Ensure financial ethics and compliance procedures and processes are in place and complied with, assisting and supplying internal audit function where appropriate, and liaising with external auditors and tax advisers.
  • Support goals of profit maximization and reduction in funding requirements and other commercial risk.
  • Work with the IT function to ensure identified efficiency opportunities are realized
  • Involved in ongoing and ad-hoc projects, such as:-
    • Transferring off-system accounting work and analysis to suitable platform, reducing need for manual intervention and spreadsheets in reporting process
    • Stock levels and stock provisioning
    • Bad debt provisioning
    • Business expansion into new products and territories
    • Formation and accounting for new companies
    • Enhancement of accounting
    • Risk reduction incl currency, interest rate and operating

Leadership / People Management

  • Responsible for the day to day management of the Accounts Payable team and assigned personnel including carrying out performance reviews, objective setting; training and development needs; performance management; discipline and grievance handling, in line with the Human Resource Management System
  • Promote and encourage a team working environment and a culture of continuous improvement
  • Motivate and encourage each team member to achieve their objectives and carry out their duties to best practice standards
  • Carry out tool box talks and other communication processes to ensure the smooth running of projects or other tasks
  • Ensure that the Department and Personal objectives are aligned and met within the agreed timescales and deadlines

Continuous Improvement / Personal Development

  • Responsible for knowing and understanding the Organisation and departments targets and objectives
  • Responsible for understanding, agreeing and achieving personal objectives set by line manager / Department head
  • Ensure adequate cover is available for (un)planned absence
  • Adhere to the procedures as laid down by the Safety Management System and Quality Management System
  • Adhere to the procedures as laid down by the Human Resource Management System and to take an active part in the Performance Management Process and the Competence and Training Programme
  • Put forward any suggestions for improvements
  • Attend formal Team Briefings when requested
  • Actively promote communication and information sharing

Hydrasun is a leading specialist provider of integrated fluid transfer, power and control solutions to the energy industries, successfully delivering flexible hose, integrated instrumentation products, umbilical solutions and integrity management services worldwide.


Our product and service offering is driven by customer requirements to continuously improve safety, quality, technical integrity, reliability, environmental awareness and value for money. Through our established global network of operational bases and partnerships we offer:


•Fluid Transfer
•Integrity Management
•Umbilicals & Subsea Connectors
•Hydraulic Power & Control
•Instrumentation & Process Control
•Engineering & Technical Support


Hydrasun currently exports to around 60 countries, which has included developing significant sales in countries such as Angola, Brazil and USA. The company has international operational bases established in Azerbaijan, Kazakhstan, UAE, Brazil and The Netherlands as well as a further presence in West Africa and the US Gulf of Mexico.


The company’s global staff numbers have increased by around 100 in the past year to a total workforce of nearly 600 currently.


Hydrasun was recently awarded the coveted Overall Global Business of the Year at the Northern Star Business Awards 2012, along with awards for Achievement in International Business and Outstanding Contribution to Society.