Company: KCA Deutag
Skills: Accounting
Experience: 2 + Years
Education: Associates/2 yr Degree/Diploma
Employment Type: Full Time Contractor
Salary: To define
Location: Aberdeen, United Kingdom
Status: Active

No location/work authorization restrictions found.

Company description:  

With over 125 years of experience, KCA Deutag is one of the world's leading drilling and engineering contractors working onshore and offshore with a focus on safety, quality and operational performance. We operate approximately 100 drilling rigs in over 20 countries employing more than 8000 people in Africa, Europe, Russia, the Middle East, the Caspian Sea, South East Asia and The Americas.  

Job description:  

Responsibilities FX Analysis  

*   FX exposures - key involvement in treasury projects focused on specific areas or countries of operation (e.g. Norway, Russia) in order to identify future currency fluctuations - aim to ensure future exchange risk is understood and to propose actions to be taken to minimise risk  

*   Treasury system (TM5) utilisation - involvement in analysis, development & understanding of forecast cashflow movements focused on specific areas of operation - directly liaising with in-country finance managers where appropriate - challenging any forecasts that appear to be irregular  

*   Specific contract exposures - to analyse FX implications of cashflows associated with proposed or new contracts as they arise - to propose actions based on analysis work   Month End Analysis  

  • Assist in production & analysis on the Group's Monthly FX report, utilising SAP and Excel models - to provide commentary by currency to explain material movements  
  • FX exposure analysis - analysis of actual balance sheet currency positions by company at each month-end to identify actual FX exposures impacting on EBITDA results of the Group  
  • Involvement in meetings with senior finance management to identify any known larger future non-functional-currency movements  
  • Formal review of treasury-related balance sheet reconciliations using Blackline system  
  • Assist in review & completion of month-end Net Debt and Net Finance Costs schedules   2017 Year End  
  • Involvement in completion of treasury-related statutory notes for the 2017 statutory financial accounts - both at consolidated group level, and for individual group companies  
  • Completion of analysis work in connection with the year-end audit  
  • Liaising with the auditors (PwC) with any queries or clarifications that they may require   Inter Company Control     
  • To ensure inter-company trading and loan positions are kept in compliance with inter-company agreements  
  • To ensure maintenance of the structural inter-company funding framework  
  • Regular liaison with the Group tax team to ensure inter-company actions are tax efficient  

Key Skills & Experience  

  • Chartered or Certified Accountant qualification preferable however not absolutely necessary. A strong understanding of statutory accounts requirements is an absolute requirement. Experience in reporting in multiple currencies would be an advantage  
  • Candidate must be a self-starter and be a confident individual able to interact at a senior level and with external parties  
  • Accuracy is fundamental and the ability to be a safe pair of hands within the team is critical  
  • Ownership of tasks and the capability to independently bring these to completion is key  
  • Demonstration of flexibility and the capacity to communicate effectively both internally and externally  
  • Ability to assess when items require escalation and to do so on a timely basis  
  • A highly organised individual with ability to multi task, plan and work to deadline within a team  

What We Offer   

  • Competitive Pay  
  • Structured Training, Development & Career Progression  
  • Global Opportunities  


Portlethen, Aberdeen

Please note that if your legal right to work in the UK is subject to special conditions or if you're not currently entitled to work in the UK then you will need to specify these in your application cover letter or CV.

About KCA Deutag

KCA Deutag is currently the drilling contractor on approximately 40 offshore platforms worldwide. The company also owns and operates a fleet of approximately 60 land drilling rigs. Our six Core Values define ‘the KCA Deutag way' and are underpinned by our Policies, Standards and Procedures. They help guide our business approach and culture and our people in working safely, effectively and ethically across our operations.


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