Account Officer at a Reputable Company

Qualification / Experience: Minimum of second class upper in Accounting & Finance, Economics and Business Administration with 3–6 Years Experience Professional certification: ICAN / ACC

Job Overview:

An Indigenous Nigerian Offshore Exploration & Production (E&P) Company is seeking an Account Officer with 3–6 years of experience, focusing on maintaining accurate financial records and ensuring compliance with accounting standards, company policies, and industry regulations.

Key Responsibilities:

Financial Accounting & Reporting

• Prepare and maintain accurate financial statements, including profit and loss accounts, balance sheets, and cash flow reports.
• Record, classify, and summarize financial transactions in compliance with company policies.
• Reconcile general ledger accounts and ensure timely month-end and year-end closing.
• Prepare management reports and financial analyses to support strategic decision-making.

Budgeting & Forecasting

• Support the preparation of annual budgets and periodic forecasts.
• Monitor budget performance and report variances with justifications.
• Provide recommendations to improve cost efficiency and financial performance.

Cost & Project Accounting

• Track project costs related to exploration, drilling, production, and maintenance.
• Ensure accurate cost allocation to departments, projects, and cost centers.
• Prepare cost reports for ongoing projects and analyze expenditure trends.
• Participate in joint venture accounting and ensure accurate partner billings and recoveries.

Accounts Payable & Receivable

• Process vendor invoices, ensure proper approvals, and prepare payment vouchers.
• Reconcile supplier statements and resolve discrepancies promptly.
• Manage customer invoicing and monitor receivables for timely collection.
• Maintain an updated aging report and assist in cash flow management.

Taxation & Compliance

• Prepare and file statutory returns (VAT, WHT, CIT, PAYE, etc.) in line with local tax laws.
• Liaise with external auditors, tax authorities, and regulatory agencies.
• Ensure compliance with internal controls and corporate governance policies.

Internal Controls & Audit Support

• Implement and monitor internal accounting controls to safeguard company assets.
• Support both internal and external audit processes with required documentation.
• Identify process gaps and recommend improvements to enhance financial controls.

Other Duties

• Participate in the development and implementation of accounting systems and procedures.
• Assist in financial modeling and investment analysis for new projects.
• Collaborate with operations and procurement teams to ensure accurate cost recording.
• Perform any other related duties as assigned by management.