Accounting Officer at Oando

JOB SUMMARY

The Accounting Officer is responsible for processing bills (third party and staff), and payment and support the Aviation Accountant in the preparation of the monthly Trial balance. This role is primarily in charge of financial data/information capture in a manner that supports the maintenance of the integrity of the location’s performance reporting and also responsible for managing all documentation related to the receipt and dispatch of the company’s sales inventory, including materials and supplies.

This officer will ensure that stock records capture and accurately reflect inventory positions.

SPECIFIC DUTIES & RESPONSIBILITIES

Operational:

Keeping records of all company wide saleable products, materials and supplies.
Recording the company’s daily product lifting from all depots and refineries.
Recording and following-up product movement and transfers between the Oando companies.
Quarterly valuation of stocks.
Reconciling NNPC accounts with company’s accounts as appropriate.
Payment of NNPC bills and follow-up of payment’s by NNPC via Credit notes.
Reconciling company’s accounts with other Marketers and third Parties’ Accounts.
Keeping ledgers on stocks, purchases, credits and debits to provide relevant information to Management.
Issuance of reports for Management information.
Verify stock in OIM module and
Bulk stock ledger
Ensure the costing of products receipt and purchases are costed
Perform other assigned duties as delegated by the Financial Controller from time to time.

KEY PERFORMANCE INDICATORS

Adequacy and effectiveness of the Company’s Inventory Management documentation.
Quality, adequacy and accuracy of documentation.
Accuracy of reconciliation documentation.
Losses due to errors in stock control documentation.
Timeliness and accuracy of management reports
Ease of retrieval of financial information and documents.

QUALIFICATIONS & EXPERIENCE

1st degree in Finance, Accounting, Business Administration, Economics or any Social Science discipline.
Professional Accreditation (ACA).
3-5 years cognate work experience the last 5 of which must have been in the Oil & Gas downstream business environment.

KNOWLEDGE & SKILLS REQUIRED

Oil & Gas Industry Dynamics
Products Knowledge
Financial Accounting
Inventory Control & Management
Financial Analysis & Interpretation.
Accounting Standards & Procedures
Reconciliation
Coordination
Information Management
Oral & Written Communication
PC Utilisation