- Assist in the preparation and issuance of monthly Cash Call statements to Partners in line with the JOA,
preparation of monthly cash flow forecast and other ad-hoc request from the Partners - Assist in the preparation of monthly Billing statements and Working Capital issued to Partners
- Assist in the preparation of monthly Production Allocation Statements and Proceed Imbalance issued to Partners and NNPC respectively.
- Assist in the preparation of monthly Production forecast Report and SEC production figures to Corporate Budget and Strategic Planning.
- Assist in the computation of SEC Production for monthly reporting, Budget and PDC sessions and Planned Production Shutdown report.
- Assist in the review and update of all WBS master data to ensure correct reporting parameters are used
e.g. CAPEX/OPEX, JIB/JIBE codes, NNPC codes. - Assist in the preparation of Monthly Management Report & SOX Controls.
- Provide status report on all SOX controls managed by the Department.
- Provide Cost and Production performance reports to Corporate Budget in line with published timelines.
- Provide support to Venture Management department and prepare prompt responses to queries received
from Partners and Authorities. - Provide support to Cost Controllers during budget and performance reviews with NAPIMS – SUBCOM
and TECOM. - Follow up alignment of routine reporting format in line with Corporate Budget’s format and effect changes
when/where necessary.
Requires good knowledge and application of clauses contained in the various Joint Operating
Agreements(JOA), Production sharing contracts(PSC), Carry Agreements, Memorandum of
Understanding (MOU) with NNPC, Farm-in and Farm out Agreements
Requires strict compliance with dynamic accounting rules contained in Nigerian Accounting Standards
(SAS), International Accounting Standards (IFRS/IAS), Petroleum Profit Tax acts, Sarbanes Oxley Act
Maintain contacts with the following teams: Cost Control, Third Party Accounting, Corporate Accounting,
Joint Venture Management, Audit, Technical Logistics and Tax.
ACCOUNTABILITIES
Ensure the integrity of Production Allocation, Billing and Cash Call Statements issued to Partners
Ensure timely submission of all reports due to Partners in line with the JOA
Provide support during analytical reports to aid top management planning
Ensure internal compliance of all SOX documentations and update of SOXCM+ folder
JOB REQUIREMENT
- BSc in Accounting, Economics, or other related discipline
- MSc and/or professional qualification (ACA/ACCA/CITN) an advantage
Experience:
3 – 5 years’ experience in accounting / finance environment, preferably upstream oil and gas industry
- Essential Skills:
Advanced Excel, PowerPoint and other Microsoft office skills & SAP knowledge an advantage - Good organisational ability, interpersonal and analytical skills
