Finance Jobs in Stavanger, Norway

Stavanger, Norway, often referred to as the “Oil Capital” of the country, boasts a robust economy heavily influenced by the energy sector. This naturally leads to a demand for skilled finance professionals. While oil and gas remain significant, diversification efforts are creating opportunities in other sectors, further broadening the finance job market.

Key Areas of Finance Employment:

• Oil and Gas: Roles in financial accounting, cost control, treasury management, risk management, and financial planning & analysis (FP&A) are prevalent. Companies involved in exploration, production, and supply often require experienced finance professionals to manage complex financial operations and navigate the volatile energy market.
• Banking and Financial Services: Stavanger hosts branches of major Norwegian banks like DNB and Nordea, as well as smaller regional banks. Opportunities exist in areas such as corporate banking, retail banking, investment banking, and wealth management.
• Consulting: Several consulting firms have a presence in Stavanger, serving the energy industry and other businesses. Finance consultants provide expertise in areas like financial restructuring, due diligence, and performance improvement.
• Accounting and Auditing: Accounting firms, both large international players and smaller local firms, are crucial for ensuring financial compliance and providing audit services. Roles include auditors, accountants, and tax specialists.
• Supply Chain and Logistics: Given the significant activity surrounding oil and gas, the supply chain and logistics sectors require financial professionals to manage budgets, analyze costs, and negotiate contracts.
• Renewable Energy: As Norway transitions towards a more sustainable energy future, there is growing investment in renewable energy projects. This is creating new finance roles focused on project finance, investment analysis, and renewable energy accounting.
• Start-ups and Tech Companies: Stavanger is fostering a growing start-up scene, particularly in the technology sector. These companies often require finance professionals to manage their finances, secure funding, and develop financial strategies for growth.

Typical Job Titles:

• Financial Accountant
• Management Accountant
• Financial Analyst
• Controller
• Auditor
• Tax Advisor
• Treasury Manager
• Corporate Banker
• Investment Banker
• Financial Consultant

Essential Skills and Qualifications:

A relevant degree in finance, accounting, economics, or a related field is typically required. Professional certifications such as ACCA, CFA, or CPA are highly valued. Strong analytical skills, proficiency in financial software (e.g., SAP, Oracle), and excellent communication skills are essential. Fluency in Norwegian is often a significant advantage, particularly for roles involving direct communication with local clients and stakeholders. While English is widely spoken in Norway, demonstrating a willingness to learn Norwegian is often viewed favorably.

Finding Opportunities:

Job boards such as Finn.no, LinkedIn, and Indeed are valuable resources. Networking with professionals in the finance sector is also crucial. Consider attending industry events and connecting with recruiters specializing in finance placements within Stavanger.

The finance job market in Stavanger presents a mix of established opportunities and emerging roles. While the energy sector remains a key driver, diversification is creating new avenues for finance professionals with diverse skill sets.