Oil and Gas accounting

The oil and gas industry can be as combustible as the products they work with. Price volatility, combined with the time it takes to bring new product to market, makes budgeting and forecasting a nightmare.

Which is exactly why so many growing business are turning to external providers to do their oil and gas accounting for them.

But how do you know which one is right for your business?

Well the first thing you’ll need is someone who’s as comfortable managing cash in a crisis as they are reporting your numbers at year end. Which, by the way, can be just as difficult in a highly regulated industry.

We’d also recommend finding someone who already knows and works in your industry. What the risks are and, importantly, how to resolve them quickly. After all, responding to another dip in oil prices is easier said than done.

Fortunately the My Financepartner team does exactly that.

Whether you’re a highly specialised niche firm or affiliated to the multinational heavyweights, our team of accounting specialists have the experience you need at a price that you can afford. And we’re a lot cheaper than hiring a new financial controller.

We’re part of a group that supports global, national and local oil and gas businesses in over 150 countries, including leading oil producing nations such as:

  • USA
  • Saudi Arabia
  • Russia
  • China
  • Canada
  • Iraq
  • UAE
  • Mexico
  • Kuwait
  • Nigeria
Oil & Gas accounting

Which to you means that not only do we understand the issues but, with over 195,000 people in our network, there’s a good chance that one of our oil and gas accounting specialists have helped one of your competitors to respond to them too.

Does this scale mean that we lack the personal touch? Absolutely not. Team up with My Financepartner and you’ll have your own dedicated Financepartner who you can meet with face-to-face as often as you choose to. Also, as part of your package, you can pick up the phone to our national team of accountants as often as you want to receive speedy advice.

In fact, it’s the scalability of our service that makes it perfect for all sizes of business. You can tailor our package of services to suit your own monthly needs, so you’re never paying for more services than you require but you’re never left in need of assistance either. This ability to adapt your monthly service package makes us the perfect partner for the fast-changing oil and gas industry.

Ready to find out more about how we can help your business? Why not find out more about us or contact us for a free, no obligation consultation?

Get in touch to find out more on 0800 0121388

Or email us at my.financepartner@uk.pwc.com

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