The UK’s North Sea Transition Authority (NSTA) introduced, in a press release posted on its web site on Friday, that it’s on the lookout for a brand new Chief Monetary Officer and Director of Company Features.
The job will probably be primarily based in Aberdeen, Scotland, in accordance with a hyperlink to the job description included within the assertion, which highlighted that the NSTA’s hybrid work scheme “consists of an expectation for employees to spend 40 p.c of their time within the workplace round enterprise necessities”. The outline confirmed that the job comes with an annual wage of GBP 172,644 ($233,318).
In line with the outline, the time limit for purposes is Could 7. First spherical Interviews will happen in Aberdeen within the week commencing Could 18 and second spherical interviews will happen in Aberdeen within the week commencing June 1, the outline revealed.
“The NSTA is recruiting a brand new Chief Monetary Officer (CFO) & Director of Company Features to supply strategic management and oversight of economic administration and of a number of established important company capabilities together with digital and information,” the job description famous.
“The postholder will guarantee sturdy monetary stewardship, trendy and environment friendly company companies, and contribute as a key member of the NSTA Board and Management Group together with offering the precept recommendation and help to the Chief Govt of their position because the Accounting Officer, accountable to Parliament, and appearing when wanted because the Deputy Accounting Officer,” it added.
“Because the CFO, a key precedence for the profitable candidate will probably be to make sure the NSTA continues to have a transparent monetary technique and sound monetary construction. You’ll make sure the integrity of all monetary companies together with supply, evaluation, controls and inside and exterior reporting is of the very best high quality and sturdy. Further tasks on the subject of fraud prevention and monetary auditing fall inside your remit,” it continued.
“The position has direct line administration tasks for the Head of Finance, Chief Digital Officer, Chief Information Officer and Head of Company Providers and Program Supply. The Directorate at present contains of c50 employees,” it stated.
“As we work with authorities to reply to the North Sea Future Plan, we’re reviewing potential additional actions that could be overseen by this position, all of which will probably be mentioned with the profitable candidate,” the outline went on to state.
Within the assertion posted on its web site, the NSTA stated “there couldn’t be a extra necessary time to work in power”.
“Guaranteeing that the UK has the power we want is on the high of the agenda for presidency and business, and there is a huge position for oil and gasoline, carbon storage and hydrogen – all of which are regulated and enabled by the North Sea Transition Authority,” it added.
“That is additionally a nice time to affix the NSTA; the authorities plans to increase our position, giving us enhanced powers and wider tasks, and we are reviewing the form of our group and our priorities to be prepared for that subsequent chapter,” it continued.
“The new CFO and Director of Company Features will play a significant half in that, and can present strategic management of monetary administration and several other different key capabilities in addition to being a key member of the board and the management staff,” it highlighted.
In a press release posted on its web site on Monday, the NSTA introduced the appointment of Ian Chisholm, Mitch Flegg, and Rebecca Wiles as non-executive administrators.
“Every considered one of them carry a few years of senior expertise and achievement, each with the oil and gasoline and offshore power industries, and additional afield and we stay up for benefiting from that in our ongoing work,” that assertion stated.
“We might additionally prefer to file our actual gratitude to Iain Lanaghan who’s stepping down after six years on the board. He has made an infinite contribution to our work and to the business,” it added.
The NSTA licenses, regulates, and influences the UK oil and gasoline, offshore hydrogen, and carbon storage industries, the group’s web site states.
“We help UK power safety, drive emissions discount from UK provides, and assist speed up the transition to web zero to comprehend the potential of the North Sea as an built-in power basin,” it provides.
The NSTA has daily operational independence from the UK Division for Power Safety and Internet Zero (DESNZ) and undertakes its actions in accordance with all relevant legal guidelines and rules, the NSTA’s web site states. The UK Secretary of State for Power Safety and Internet Zero units the general coverage and legislative framework inside which the NSTA operates and is finally accountable to Parliament for the NSTA, the positioning highlights.
To contact the creator, electronic mail andreas.exarheas@rigzone.com

