Interventure/Interco Accounting Officer at Amaiden Energy Nigeria

Job Nature: Resident
Job Type: Contracts

Job Contents / Problem Solving (Activities)

• Supports month-end, quarter-end, and year-end interventure/interco accounting closure processes.
• Prepares, analyzes, and follows up interventure/intercompany advances and loans for prompt settlement
• Prepares monthly analysis of cost objects dedicated for recording interventure/interco expenditures
• Prepares payment statistics and reports of Group Vendors, including aged analysis and prompt resolution of disputes
• Prepares periodic analysis of venture bank accounts (VBA) Cash Switch and Non-Cash Switch, monitors, and clears VBA accounts
• Prepares, posts, analyzes, and follows up on interventure/intercompany sales, including movables and stocks
• Prepares, posts, analyzes, and follows up on general re-invoicing of interventure/intercompany expenditures, including TGI and TSA Debit Notes,
• Reviews, analyzes, and reconciles all transit accounts used for interventure/intercompany transaction purposes
• Interfaces with district accountants, cost controllers, and other Group affiliates on interventure/intercompany transactions to ensure accuracy and completeness of records.
• Attends to disputes, complains, and inquiries related to interventure/intercompany transactions.
• Any other duties as may be assigned by the supervisor

Context and Environment:

• Transverse entities and persons within client and the Group.
• Compliance with International Accounting Standards (IFRS/IAS), Internal Policies, and Sarbanes Oxley.
• Application of dynamic agreements (JOAs, PSCs, MCAs, and MOUs)
• High volume of activities, reports, and audits.
• High risk – low error margin.
• External Contact with External Auditors (Local & Group)

Accountabilities:

• Monthly, quarterly, and yearly reconciliations
• Accuracy and completeness of financial data for CONSO and Social accounts
• Timely delivery of financial information

Job Requirements

• B Sc. Accounting / Business related degree plus a professional accounting qualification
• 2-5 years professional experience (knowledge of Oil and Gas Upstream Industry is an added advantage)
• High proficiency in MS Excel (knowledge of SAP is an added advantage)
• Good analytical and inter-personal skills