Energy, utilities & resources

The energy, utilities, and resources sector is grappling with a range of challenges that demand strategic financial planning. As the world shifts toward renewable energy sources and faces increasing regulatory scrutiny, companies in this sector must navigate fluctuating commodity prices, compliance costs, and the need for sustainable practices. Poor financial management can lead to significant operational setbacks, affecting not only profitability but also long-term viability. To thrive, organisations must unlock capital, streamline operations, and prepare for both growth and potential market disruptions.

Kreston Global’s worldwide network of professionals are equipped to support businesses within this sector through change and the adaptations that will accompany it. As leaders in sustainability focused financial accounting our services can support energy, utilities, and resources companies through transitional periods, growth and acquisition and through the fundamental process of auditing and establishing stability. 

Financial consultancy for energy, utilities & resources businesses

Kreston Global offers a comprehensive suite of financial consultancy services specifically designed for the energy, utilities, and resources sector. Our expert teams understand the complexities of your industry, providing tailored solutions that help mitigate risks and capitalise on opportunities. Our services include:

Cash flow

Effective cash flow management is critical in the energy sector, where capital-intensive projects and fluctuating revenues are the standard. Our specialists conduct detailed cash flow audits to identify potential shortfalls and recommend strategies to optimise liquidity. By ensuring that you maintain sufficient cash reserves, we help you navigate operational demands and swiftly capitalise on market opportunities.

Forecasts and budgets

Accurate forecasting and budgeting are essential for strategic decision-making in the energy, utilities, and resources sector. Kreston Global employs advanced analytics and industry insights to create precise forecasts that consider market trends, regulatory changes, and operational costs. Our expertise ensures that your organisation is well-prepared for future challenges and can allocate resources efficiently.

Specialist energy, utilities & resources accounting & tax advice

The intricacies of tax regulations and compliance within the energy sector require specialised knowledge. Our dedicated team provides personalised accounting and tax advice, ensuring adherence to local and international regulations while identifying opportunities for tax efficiencies. We tailor our services to meet the unique needs of your business, enabling sustainable growth.

Overseas VAT, transfer pricing and payroll

Operating internationally introduces complexities in VAT, transfer pricing, and payroll compliance. Kreston Global’s experts assist in navigating these challenges, conducting thorough audits of your existing practices, and developing strategies that ensure compliance across jurisdictions. Our goal is to optimise your tax position while mitigating potential risks associated with international operations.

International subsidiary tax structuring and planning

For companies with international subsidiaries, effective tax structuring is vital. Kreston Global’s specialists help you design tax strategies that align with your global operations, reducing liabilities and ensuring compliance. Our expertise in international tax planning positions your organisation for success in diverse markets.

Growth and exit plans

Strategic growth and exit planning are crucial for achieving long-term objectives in the energy sector. Our consultants provide detailed analyses and strategic insights to guide you through expansion initiatives, mergers, or exits. We assess market opportunities, evaluate risks, and develop tailored plans that align with your vision and goals.

Obtaining finance

Securing financing for capital-intensive projects is often essential in the energy, utilities, and resources sector. Kreston Global’s team works closely with you to develop robust financial strategies that support your funding needs. We assist in identifying potential funding sources, preparing comprehensive proposals, and navigating the complexities of financing options to ensure your business thrives.

Overseeing business acquisitions

Acquisitions can serve as a powerful growth strategy in the energy sector. Kreston Global’s professionals provide support throughout the acquisition process, from due diligence to integration. Our expertise ensures that you can effectively manage transitions, capitalise on synergies, and achieve your strategic objectives.

Sales transactions

Sales transactions in the energy sector can be complex and require meticulous oversight. Our team provides guidance on optimising sales processes, ensuring compliance with regulatory requirements, and enhancing profitability. We help you navigate the intricacies of client relationships and contractual obligations to drive success.

What are Kreston Global’s professional standards in the energy, utilities & resources space? 

Kreston Global’s member firms adhere to rigorous professional standards, ensuring compliance with local regulations and international guidelines. Our internal monitoring programs guarantee that all partners meet the International Standards on Quality Control and the International Standards on Auditing for transnational audits. Our teams operate under the ethical framework established by the International Ethics Standards Board for Accountants (IESBA), fostering trust and integrity in all our services.
As a member of the Forum of Firms, Kreston Global is committed to maintaining the highest standards in financial reporting and auditing practices. Our extensive experience in the energy sector equips us to deliver consultancy that is both precise and aligned with best practices.

Why choose Kreston Global’s energy, utilities & resources financial services?

Kreston Global stands out through its deep industry expertise and a robust network of professionals. Our interconnected teams provide seamless access to global insights, enabling energy, utilities, and resources firms to navigate complex challenges and seize growth opportunities. We understand the nuances of your sector and offer tailored solutions that align with your specific needs. Partnering with Kreston Global means gaining the confidence and expertise necessary to thrive in a rapidly evolving landscape.