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🌟 Exciting Times in Energy & Renewables: Opportunities for Accounting & Finance Professionals 🌟 As the Australian energy and renewables sector continues to evolve, it's creating a wealth of new opportunities for talented accounting and finance professionals! I've summarised some of the recent trends I've found when talking to clients and candidates in the energy and renewables market and how they will leading to the creation of dynamic roles for seasoned finance professionals. 🔹 Complex Project Financing: With significant investments pouring into solar, wind, and green hydrogen projects, there’s a growing need for finance experts skilled in structuring and managing complex project financing. 🔹 Specialised Taxation & Incentives: Navigating renewable energy tax credits and subsidies requires expertise. Professionals who understand the financial nuances of these incentives will be highly sought after. 🔹 Sustainability Reporting: Companies are increasingly focused on transparency in their ESG performance. Accountants with experience in sustainability reporting will play a crucial role in this new landscape. 🔹 Investment & Risk Management: The rise of green technologies and innovative financial instruments demands finance professionals who can evaluate opportunities, manage risk, and drive strategic investments. 🔹 Innovative Financial Instruments: As new financial models like green bonds and power purchase agreements emerge, professionals who can navigate these innovative structures will be in high demand. 🔹 Data Analytics & Technology Integration: The integration of technology and data analytics in finance is crucial for enhancing planning, forecasting, and reporting in the renewables sector. As a recruiter specialising in accounting and finance within energy and renewables, I'm thrilled to see these opportunities unfolding. If you have expertise in any of these areas or are passionate about contributing to the renewable energy revolution, let’s connect! 🌱💼 #RenewableEnergy #AccountingCareers #Sustainability #GreenEnergy #CareerOpportunities #Recruitment #EnergySector #FinanceProfessionals #GreenFinance

Ive been in Production Accounting for over 12 years now and one of the challenges I face personally when hiring, is explaining what we do as a department. Despite its name, Production Accounting is not your traditional accounting role. It’s a specialized function in the oil and gas industry that focuses on tracking and reporting production volumes, not financial transactions. Instead of balancing ledgers, Production Accountants work with engineers and field personnel to ensure accurate measurement of oil, gas, and other byproducts at every stage—from the wellhead to the sales point. This role is essential for regulatory reporting, royalty calculations, and maximizing efficiency in production. It's a combination of technical knowledge, industry expertise, and attention to detail—far different than crunching numbers! I tell people often that we are walking calculators for complex allocations and measurement systems. If you’re in or around the oil and gas space, you know how critical this role is for keeping operations running smoothly and act as a gateway into the data for the corporate world. #OilAndGas #ProductionAccounting #EnergyIndustry #DataReporting

Accountant, Project at Aecon: Come Build Your Career at Aecon! As a Canadian leader in infrastructure development, Aecon is safely and sustainably building what matters for future generations to thrive! We lead some of the most impactful infrastructure projects of our generation, at the forefront of transformational change in transportation and energy, and partnering every day to build, connect, power, and strengthen our communities. At Aecon, you can count on: * Safety Always. Our number one core value. If we can’t do it safely, we don’t do it at all. * Integrity. We lead by example, with humility and courage. * Accountability. We’re passionate about delivering on our commitments. * Inclusion. We provide equitable opportunities for everyone. We lead the infrastructure industry with purpose, and our people are at the heart of everything we do. So, we invest in our people, just like they invest in us!  At Aecon we: * Ensure you and your family receive the services needed to support your mental, emotional, and physical well-being. * Believe in helping you build your career through our Aecon University and Leadership Programs. * Are committed to supporting and investing in inclusive work environments, through initiatives like Equity, Diversity & Inclusion training, our Aecon Women in Trades and Aecon Diversity in Trades programs, and our Employee Resource Groups (ERGs) to ensure we are building inclusion into every aspect of our culture at Aecon. * Are a leader in sustainable construction. With a strong commitment to operating responsibly by minimizing our impact on the environment and surrounding communities. Our business success relies on strong execution and continuous improvement – driven by the diversity, expertise and teamwork of our people. We’re always searching the globe for innovative, collaborative minds to join our best-in-class Aecon community! About Us  The Shoreline Power Group is a fully integrated Joint Venture of Aecon, United and Atkinsrealis located in Kincardine, Ontario. Shoreline Power Group is the centerpiece of the Major Component Replacement (MCR) program which replaces the main components of 6 reactors at the Bruce Power Nuclear Generating Station. The scope of work includes the removal and replacement of calandria tubes, pressure tubes, and feeders as well as construction management and trade labor. This project is part of Bruce Power’s Life Extension Program, which will allow Bruce Power’s CANDU units to continue to operate safely through to 2064   Reporting to the Project Finance Manager, the Project Accountant will ensure proper tracking, analysis and forecasting of project costs and provide job costing information to project management. What You'll Do Here  * Set-up Projects and CSO's in SAP for projects as assigned * Ensure the proper tracking, analysis and forecasting… http://dlvr.it/TG7TPM

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In today's rapidly evolving energy market, understanding the financial intricacies of exploration and production is crucial. This course equips finance professionals with the skills needed to navigate the complexities of E&P accounting, ensuring they can effectively manage costs and financial reporting in a competitive landscape. Benefits of Attending: • Comprehensive Knowledge: Gain insights into international accounting practices specific to the oil and gas industry. • Practical Application: Engage in case studies that provide real-world scenarios to solidify your understanding. • Expert Guidance: Learn from an instructor with over 30 years of experience in finance and audit within the oil and gas sector, including significant roles at ENI across multiple countries. • Career Advancement: Enhance your qualifications and confidence in financial management roles within the energy industry. Don't miss this opportunity to elevate your professional capabilities. Download the course brochure to explore more about the curriculum and how it can benefit your career! 👉 Level 1 - https://rdar.li/98nKj4L 👉 Level 2 - https://rdar.li/AY1PRkB 👉 Level 3 - https://rdar.li/rM1BpPL #EnergySector #Accounting #OilAndGas #ProfessionalDevelopment #FinanceTraining #EPAccounting #CareerGrowth #EnergyEducation

In today's rapidly evolving energy market, understanding the financial intricacies of exploration and production is crucial. This course equips finance professionals with the skills needed to navigate the complexities of E&P accounting, ensuring they can effectively manage costs and financial reporting in a competitive landscape. Benefits of Attending: • Comprehensive Knowledge: Gain insights into international accounting practices specific to the oil and gas industry. • Practical Application: Engage in case studies that provide real-world scenarios to solidify your understanding. • Expert Guidance: Learn from an instructor with over 30 years of experience in finance and audit within the oil and gas sector, including significant roles at ENI across multiple countries. • Career Advancement: Enhance your qualifications and confidence in financial management roles within the energy industry. Don't miss this opportunity to elevate your professional capabilities. Download the course brochure to explore more about the curriculum and how it can benefit your career! 👉 Level 1 - https://rdar.li/98nKj4L 👉 Level 2 - https://rdar.li/AY1PRkB 👉 Level 3 - https://rdar.li/rM1BpPL #EnergySector #Accounting #OilAndGas #ProfessionalDevelopment #FinanceTraining #EPAccounting #CareerGrowth #EnergyEducation

Here's a typical career path for employees in the renewable energy industry, specifically in solar: *Entry-Level Positions (0-3 years of experience)* 1. Solar Engineer/Design Engineer 2. Project Coordinator 3. Energy Analyst 4. Quality Control Inspector 5. Sales/Marketing Coordinator *Mid-Level Positions (4-7 years of experience)* 1. Senior Solar Engineer/Project Manager 2. Business Development Manager 3. Operations Manager 4. Energy Auditor/Consultant 5. Senior Sales/Marketing Manager *Senior-Level Positions (8-12 years of experience)* 1. Director of Engineering 2. Director of Operations 3. Business Unit Head 4. Senior Energy Consultant 5. Head of Sales/Marketing *Executive-Level Positions (13+ years of experience)* 1. Vice President of Renewable Energy 2. Chief Operating Officer (COO) 3. Chief Technical Officer (CTO) 4. CEO/Managing Director 5. Board Member *Specialized Roles* 1. Solar Policy Analyst 2. Energy Storage Specialist 3. Smart Grid Engineer 4. Sustainability Consultant 5. Renewable Energy Finance Specialist *Career Progression* 1. Horizontal movement: Transitioning between similar roles in different departments (e.g., from solar engineering to energy auditing). 2. Vertical movement: Advancing to senior roles with increased responsibility (e.g., from project coordinator to project manager). 3. Industry movement: Switching to related industries (e.g., from solar to wind or energy efficiency). *Key Skills* 1. Technical knowledge (e.g., solar engineering, energy efficiency) 2. Business acumen (e.g., project finance, marketing) 3. Leadership and management 4. Communication and collaboration 5. Adaptability and continuous learning

HOW DO I FIT IN & STAND OUT AS A YOUNG PROFESSIONAL IN THE RENEWABLE ENERGY INDUSTRY? Transitioning into the renewable energy sector can feel challenging, but with the right guidance, it's entirely achievable. I’ll be direct and list some of the diverse roles available in this field (we'd start with this), covering both technical and non-technical positions. As I mentioned earlier, this industry is dynamic, with new roles emerging over time. However, several foundational roles offer excellent entry points. Let’s break these down into Technical and Non-Technical Roles, so yes, this field isn’t just for engineers...lol. Technical Roles The renewable energy industry has unique methods and specialized knowledge critical to these roles. Here are a few key technical positions: - Renewable Energy Engineer - Audit/Assessment Engineer - Project Manager - Design Engineer - Engineering Supervisor - Operations and Maintenance Engineer - Logistics and Procurement Officer - Supply Chain Professional - Store Keeper - Energy Analyst - Remote Monitoring Engineer - Monitoring and Evaluation Officer - Quality Control Engineer - Distribution Engineer - Renewable Energy Consultant - Renewable Energy Developer Non-Technical Roles The industry also offers a wide range of non-technical roles that are just as essential: - Human Resources Specialist - Data Analyst - Business Development Associate - Energy Administration Associate - Sales Associate - Channel Associate - Admin Manager - Communications Associate/Manager - Agricultural Specialist - Finance Manager - Legal Associate - Community Engagement Associate/Manager As you can see, the renewable energy space has much to offer, and these roles continue to grow and evolve. This Week: Pick Your Interest! To kick things off, I’d like to know which roles spark your interest. Please comment below with one technical and one non-technical role you’d like me to elaborate on. In my upcoming write-ups, I’ll cover the most requested roles, including what each role entails, how to get started, essential requirements, and tools to help you succeed. The roles with the most votes will be featured! Looking forward to your responses! #womeninengineering #renewableenergy #climatechange #energyeducation

What is the Cost Basis in Oil and Gas Accounting? Cost basis refers to the original value of an asset for tax purposes, which is crucial for determining the capital gain or loss upon the sale of that asset. In the oil and gas industry, the cost basis includes various expenses incurred during the acquisition, exploration, and development phases of a project. These phases encompass a range of activities and costs that collectively establish the financial groundwork for the project’s life cycle. https://lnkd.in/gJAq8jAS #exploartion #costbasis #gasandoil #gas #oil #accounting #oilandgas #drillingcost #taxobligation #jcg