Senior Financial Accountant at Dajo Energy

Role Summary:

• The Senior Financial Accountant will play a pivotal role in supporting the Finance Lead in delivering robust financial reporting, project-based financial management, and forward-looking financial planning across the Company’s oil & gas and marine operations. The role requires strong technical capability in IFRS-compliant reporting, project finance accounting, and financial planning & analysis (FP&A), with direct responsibility for tracking project economics, monitoring contract performance, and supporting capital-intensive investments (e.g., vessels, offshore infrastructure, and energy assets).

Job Responsibilities:

Financial Reporting & Close:

• Lead and support the monthly, quarterly, and year-end close processes, ensuring accurate recognition of revenue (contract-based / milestone / IFRS 15), project costs and accruals, and capital expenditure (CapEx) and asset capitalization.
• Prepare management accounts and statutory financial statements aligned with IFRS and industry-specific accounting treatments.
• Maintain detailed project-level financial reporting for marine and energy contracts.
• Prepare and maintain GLs, Trial Balance, and annual financial reports.

Project Finance & Cost Control:

• Track and monitor project financial performance, including budget vs actual cost analysis, contract profitability and margin tracking, and cost-to-complete and forecast revisions.
• Support financial oversight of marine assets (vessels), offshore operations, and infrastructure investments.
• Work closely with operations to ensure accurate cost allocation and cost recovery mechanisms.
• Conduct financial performance analysis including cost per operating day and profitability metrics.
• Support commercial evaluations of contract pricing and operational decisions.

Budgeting & Forecasting (FP&A):

• Develop and maintain financial models for projects and investments, including cash flow projections, NPV, IRR, and payback analysis, and scenario and sensitivity analysis (FX, oil prices, cost escalation).
• Prepare annual budgets and rolling forecasts, incorporating project pipelines, contract timelines, and funding requirements.
• Monitor budget utilization and highlight deviations or cost overruns.
• Provide forward-looking insights to support strategic decision-making and capital allocation.
• Support long-term financial planning for asset acquisitions, upgrades, and capital projects.

Treasury, Liquidity & Funding Support:

• Monitor project and corporate cash flows, ensuring alignment with CapEx schedules, debt servicing obligations, and operational funding needs.
• Support working capital optimization, particularly receivables from contracts and payables to vendors and contractors.
• Assist in managing banking relationships, funding structures, and drawdown schedules for project financing.
• Prepare receivables and payables reports and conduct reconciliations.

Asset & CAPEX Accounting:

• Maintain fixed asset registers and depreciation schedules for marine and energy assets.
• Account for major repairs, dry-docking, and capitalized asset costs.
• Support evaluation of asset impairment and valuation when required.
• Ensure integrity of the general ledger including balance sheet reconciliations, accruals, provisions, and adjustments.

Invoicing & Payment Management:

• Timely preparation of invoices for services, charter hires, and projects.
• Review and verify vendor invoices, delivery notes, and service completion certificates.
• Process payments, ensuring compliance with internal approval matrix and banking procedures.
• Coordinate with procurement and technical teams to ensure proper documentation for payments.

Audit, Compliance & Regulatory Reporting:

• Coordinate external and internal audits, ensuring readiness of project schedules, supporting documentation, and financial disclosures.
• Ensure compliance with regulatory requirements (e.g., NUPRC, NCDMB, NIMASA) and financial reporting standards.
• Support compliance with tax obligations (VAT, WHT, CIT) and industry-specific levies (e.g., NCDF, Cabotage).
• Strengthen and enforce internal control frameworks, particularly around project expenditure, procurement, and vendor payments.

Performance Monitoring & Business Partnering:

• Provide financial performance dashboards for management, including project profitability, cost efficiency metrics, and liquidity indicators.
• Act as a finance business partner to operations, commercial, and project teams.
• Support evaluation of new business opportunities, bids, and tenders with financial input.
• Provide direct support to the Finance Lead in strategic planning, capital allocation decisions, and investor/lender reporting.

Process Improvement & Systems:

• Identify inefficiencies in financial reporting, project tracking, and data management systems.
• Support implementation of automation tools and financial systems to enhance reporting accuracy and speed.
• Improve data integrity and reporting standardisation across projects.

Experience & Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Relevant professional qualification (e.g. ICAN, ACCA, CIMA) is required or strongly preferred.
• Minimum of 5 years’ cognate finance experience, preferably within oil & gas, energy, marine, or infrastructure operations.
• Solid working knowledge of IFRS and management accounting principles.
• Hands-on experience with accounting software and financial systems.
• Experience in project finance accounting is a strong advantage.

Skills & Competencies:

• Strong knowledge of IFRS and project-based accounting principles.
• Advanced financial modelling and Excel skills (NPV, IRR, scenario analysis).
• Strong analytical and financial reporting capability, with a focus on accuracy and timeliness.
• Understanding of FX exposure, funding structures, and capital-intensive operations.
• Proficiency in MS Excel, Power BI, and accounting software.
• Ability to manage reconciliations across vendor and project accounts with minimal error.
• Capacity to work independently, prioritise effectively, and meet tight reporting deadlines.
• Effective communication and stakeholder management skills across technical, operations, and commercial teams.
• High attention to detail with a strong compliance and audit orientation.

Benefits:

• Competitive Salary commensurate with experience.
• Premium health insurance package.
• Collaborative and inclusive work environment.
• Professional development and growth opportunities.