Finance Officer at Deep Blue Energy Services Limited

Description

• Recovery of direct and indirect costs in line with agreed basis.
• Responsible for all third-party invoicing as well as sharing of revenue from third party invoicing.
• Carryout reconciliation/analysis of all receivable accounts in the general ledger.
• Monitor customer accounts and escalate payment issues like failed payment commitment.
• Process accounts and incoming payments in compliance with financial policies and procedures.
• Treatment of affiliate development loans and associated interest on cash calls and billing statements.
• Develop proposal for specific written–off bad debts and make provisions for doubtful debts.
• Responsible for revenue collection drive and follow-up.
• Generate financial statements and reports detailing accounts receivable status.
• Reconcile the accounts receivable ledger to ensure that all payments are accountedfor and properly posted.
• Monitor and resolve invoices with issues that might cause delays in receiving payment.
• Prepare cash calls and issue cash calls to partners
• Follow up with partner queries on cash calls and ensure cash calls are received on due date
• Prepare bank reconciliations and monthly balance sheet reconciliations.
• Manage relationship with JV customers.
• Maintain accounts receivable account balances and actively work outstanding balances.
• Book monthly revenue related accruals when needed.
• Assist in monthly analysis and explaining variances.
• Assist with process improvements ideas/implementations on bookings, accounts receivable, accruals and other daily/monthly functions.
• Oversee vendor accounting activities and reconciliation of the Company’s payment records to ensure that pay-outs are accurate and time.

Qualifications

• B.Sc in Finance or Accounting
• Professional Qualification ACA, ACIT, ACCA will be an added advantage
• A Master’s Degree in business administration or finance will be an advantage.

Experience: 

• Minimum experience 5 years

Other Experience:

• Minimum of 5 years of relevant experience in upstream oil and gas business, and in-depth knowledge of accounting principles.
• Gender:  Does not matter
• Age:  25 years 45 years.