Budget Analyst at Deep Blue Energy Services Limited

Description

• 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.

Qualifications

BSc in Accounting, Economics, or other related discipline MSc and/or professional qualification (ACA/ACCA/CITN) an advantage

Preferred Skills

• Advanced Excel, PowerPoint and other Microsoft office skills & SAP knowledge an advantage Good organizational ability, interpersonal and analytical skills.
• 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