Jadestone Energy

Finance Team Lead

Posted: 6 days ago

Job Description

Jadestone Energy is an independent oil and gas production company focused on the Asia Pacific region. In 2021, Jadestone acquired SapuraOMV's assets in Peninsular Malaysia. These assets include interests in four licenses, two of which Jadestone has operated since the 2021 acquisition. These include a 70% operated interest in the PM329 PSC, containing the East Piatu field, and a 60% operated interest in the PM323 PSC, which contains the East Belumut, West Belumut and Chermingat fields.In addition, Jadestone acquired a 50% non-operated working interest in the PM318 and AAKBNLP PSCs, which were operated by PETRONAS Carigali. Jadestone assumed operatorship and full interest of those two PSCs in 2023 and is now engaged with PETRONAS on a path to unlocking additional value through these assets.Outside of Malaysia, the Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company also has a 16.67% non-operated interest in the North West Shelf Oil Project offshore Western Australia, comprising four oil fields containing significant upside potential through potential infill drilling and life extension activities.Further, the Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam, and an operated 100% interest in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field development, where first production is expected in the first half of 2024. Most recently, the Company acquired a non-operated 9.52% interest in the Sinphuhorm producing gas field onshore Thailand.Led by an experienced management team with a track record of delivery, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia Pacific region. Jadestone Energy plc is listed on the AIM market of the London Stock Exchange (AIM: "JSE"). The Company is headquartered in Singapore, has its principal technical team in Kuala Lumpur and country operational offices in Perth, Jakarta and Ho Chi Minh City.Who are we looking for?Individuals who are passionate, enthusiastic and provide critical expertise to drive Jadestone Energy's growth, strategy and value generation. As a company with multiple core operating areas in the Asia Pacific region, it is important that all our employees are culturally sensitive and respectful of others.Jadestone Energy is committed to reducing our environmental footprint whilst bringing the social and economic benefits of our industry to the countries in which we operate. Employees are expected to value this commitment whilst always delivering safe and efficient operations across assets, cultures and geographies.What we offer:An exciting and highly nimble work environment where employees will collaborate with a diverse international team who will encourage them to learn, grow, challenge themselves and show their entrepreneurial spirit.At Jadestone Energy, you will join a company with a leadership team that has a proven industry track record of success. Jadestone Energy is a new and exciting company, with a pioneering spirit where individuals can truly make a difference and flourish.The role of the Financial Accountant is to ensure all Malaysian finance activities are conducted in an efficient, productive, rigorous manner; in line with company values; and in full compliance with company's accounting policy and procedures, Malaysian laws, regulations, IFRS Oil and Gas and PSC rules.The position will work closely with another financial accountant function which is responsible for PSC accounts, balance sheet management and work closely with the corporate finance function to ensure the Malaysian business is correctly consolidated and reflected in the Jadestone group accounts.The Financial Accountant is expected to have experience and demonstrate the principles of applying PSC & IFRS.Position PurposeWe are seeking a technically strong and detail-oriented Finance Team Lead to join the corporate finance function of an independent international oil and gas company listed on the London AIM market. This position represents an excellent opportunity for a Big 4-trained accountant, ideally at Manager level or above, who is ready to transition into industry and apply their technical expertise in an international environment.As a key member of the regional finance team, you will play an integral role in supporting the Group Finance Manager across group statutory reporting, technical accounting, and audit management. The role offers exposure across the organisation's international operations, with travel opportunities to our offices in Perth, Singapore, and Ho Chi Minh City. This is an exciting chance to develop your career within a growing oil and gas group while contributing to key finance and business objectives.The Finance Team Lead will be responsible for leading the group's annual and half-year reporting processes in compliance with IFRS, preparing statutory financial statements, and managing the external audit process. You will also provide technical accounting advice on complex transactions, including acquisitions, joint ventures, and financial instruments. In addition, you will oversee and develop a small, high-performing finance team, driving accuracy, efficiency, and continuous improvement within the function.We are looking for a hands-on and proactive professional with strong analytical and problem-solving skills, capable of managing competing priorities in a demanding environment. The ideal candidate will be a qualified accountant (ACA, CA, CPA, or equivalent) with deep knowledge of IFRS and experience applying it to complex accounting scenarios. You will be confident in engaging with senior management, auditors, and external stakeholders, and motivated to build an international career within a growing, listed oil and gas company.Basic FunctionsGroup Consolidation: Lead the preparation of consolidated financial statements, ensuring accurate integration of financial data from all subsidiaries.Financial Reporting: Prepare and present annual and half-year financial reports in full compliance with IFRS and relevant regulatory standards.Audit Coordination: Manage external audit processes, acting as the primary liaison with auditors to ensure timely and accurate completion of audits.Statutory Accounts: Prepare statutory financial statements for corporate entities, ensuring compliance with legal and regulatory requirements across jurisdictions.Financial Analysis: Conduct detailed financial analysis to identify trends, assess performance, and provide strategic insights to senior management.Tax Compliance: Oversee the preparation and submission of corporate tax returns, ensuring adherence to all applicable tax laws and regulations.Technical Accounting Expertise: Apply deep IFRS knowledge to resolve complex accounting issues and support accurate financial reporting.Treasury Management: Supervise treasury operations including cash flow forecasting, banking relationships, and loan agreement administration, ensuring proper accounting treatment.Position Requirements University degree Professional accounting qualification (CPA, ACCA, ACA or equivalent)Experience, Skills & Knowledge Minimum 10-15 years accounting experience Big 4 Accounting experience preferred but not essential Statutory accounting and audit experience Detailed knowledge of IFRS Leading and managing teams Prior financial modelling experience preferred but not essential Strong excel skillsCandidate Profile Strong analytical, planning and problem-solving skills Flexible and able to adapt to changing work priorities and deliver high quality, accurate work Very strong attention to detail Ability to analyze complex financial data and present clear and accurate reports Results driven with the ability to meet strict deadlines Excellent communication and interpersonal skills Self-motivated, ability to work on own initiative Strategic thinker Team PlayerOnly shortlisted candidate will be notified.

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