Accounting Vacancies at Amaiden Energy Nigeria Limited

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

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Job Nature: Resident
Job Type: Contracts

Job Contents / Problem Solving (Activities)

• Supports month-end, quarter-end, and year-end accounting closure processes.
• Reviews, analyzes, and reconciles general ledger accounts to ensure accuracy and completeness of accounting balances
• Supports activities to ensure accuracy of financial statements in accordance with GAAP, local laws, and internal policies
• Interfaces with district accountants on third-party account clearing, accuracy, and completeness.
• Prepares accounting journals and posts approved accounting entries in SAP.
• Attends to disputes, complains, and inquiries from vendors and customers
• Prepares schedules and responds to information requests from management, head office, external auditors, government authorities, and other stakeholders,
• Contributes to writing and updating procedures and accounting manuals.
• 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) and Government agencies (NNPC, NAPIMS, DPR, etc.)

Accountabilities

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

Job Requirement

• 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

go to method of application »

Job Type : Contracts
Job Nature: Resident

Descriptions
Job Contents/Problems Solving (Activities):

• Receives cheques on behalf of the company after ensuring that the vouchers and supporting documents are duly approved in line with the Synthesis of Delegated Authorities (DOA) and deposit same in the bank.
• Processing of inter-ventures payments and group invoices.
• Participate in the entire automatic payments process, which includes Invoice selection/gathering, Checking, Editing, Validation, Printing of payment instructions, Obtaining signatures, and Transmission to the respective banks.
• Processing of payments by drafts/cheques/Remita to statutory bodies and government agencies, ensuring adherence to due dates. Examples include: Withholding tax, Custom duties, DPR fees, PHCN, etc.
• Reprocessing of returned payments, working in concert with other sections in Finance to solve any problem associated with non-payment of vendors and ensuring that payment is reprocessed in good time.
• Contribute to payments forecast, showing the expected payments to be made at a later date (i.e. value date) for each entity
• Liaise with banks on payment related issues.
• Ensure that SOX documentations and compliance are adhered to.

Controls & Risk Management:

• Responsible for the custody of the physical cash in the petty cash office
• Responsible for custody of payment documents and instruments.

Context and Environment:

• The payment activities have significant impact on the following section/departments: Human Resources, Treasury, Tax, Audit,
• Internal Control, Cost Control, Corporate Accounting, Production, Medical, HSE, Contracts & Procurements (particularly Shipping Section), as well as our staff, Partners, Contractors and Government agencies. Extreme care is required to avoid errors, prevent fraud and meet contractual payment terms.
• External Contact with banks, Partners, External Auditors (Local & Group), Government agencies (NNPC, NAPIMS, DPR, etc.)

Accountabilities:

• Ensure that all invoices, special payments requests and expense notes are correctly approved in line with the DOA before they are processed for payment.
• Ensure that all payment instruments (cheques inclusive) are correctly signed in accordance with the signature categories specified in the bank mandate in order to forestall delay in processing of payments by the banks.
• Ensure that all suppliers, contractors and staff are paid correctly and on time, with respect for due dates, in order to enhance the image of the company as a responsible corporate entity.
• Ensure on daily basis that the cash balance in the system (SAP) is reconciled with the physical cash balance as obtained from daily cash inventory exercise, in order to safeguard the assets of the company and avoid fraudulent practices.
• Ensure the analysis and forecast of cash needs, making timely cash replenishment to avoid shortage of cash for the daily activities of the company.

Job Requirements

• B. Sc. in Accountancy or Economics.
• Minimum of 2-5 years Post-Graduation experience in an Oil and Gas Upstream company
• Good organisational, Analytical, Inter-personal skills and high level of integrity.

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Location: Any City, Nigeria

Job Description

• Ensure the SOX compliance of all processed FI invoices, that it falls within the scope of those approved by Management to be accorded such treatment.
• Posting of invoices in respect of invoice processing procedures for each Expense document: FI, MM, Custom duties and Tax liabilities (Royalties, Gas Flared and Capital Tax).
• Control and validation of TEPNG and TEPNG DW expenditures of all elements registered within the accounting system (SAP) for all invoices and Credit Notes that will ensure the clarity of accounting treatment of the invoice to the external and internal auditors:
  • Amounts and Transaction Currency, arithmetical controls
  • Commitments (Purchase Order, Job Progress Certificate (JPC), etc.)
  • General and Analytical Coding
  • Payment Methods and Term of Payments
  • V.A.T and Withholding Tax (W.H.T) deductions.
  • Approvals (electronical or manual), according to the delegation of authorities procedures.
• Investigation and follow-up of non-postable invoices overdue for payment, due to JPC, GR not created/properly created.
• Control each invoice to be validated to ensure that no duplicated entry has been registered into the accounting system.
• Initiate, and coordinate all necessary actions to be taken by other IMP/web cycle actors, Payment or General Accountants, Cost Controllers and if necessary Technical Departments for the regularization of all Expense Documents which could not be validated.
• Intensive follow-up with Cost Controllers, Technicians, JPC Creators/Releasers of outstanding invoices in IMP workflow.
• Respond to circularisation letters received from external auditors of vendors.
• Investigate and respond to vendors enquiries.
• Analyze open items in the GLs 401*and 42* to ensure prompt payments are made.
• Other duties as may be assigned from time to time by hierarchies.

Context and Environment:

• Job is carried out in an environment that interfaces with virtually all clients entities such as Cost Control, Contracts & Procurement, General Services, Human Resources, GSR, General Services amongst others,
• Regular interruption by Vendors making enquires.
• Changing legislation (e.g. VAT/WHT) NCD and technological updates (e.g. SCAN, SAP, IMP etc)
• Large and growing volume of documents

Accountabilities:

• Guarantee conformity of invoices received with commitments taken
• Contribute to the respect of contractual terms (due date of payment…) by ensuring a timely and correct validation of invoices within the accounting system (SAP) via IMP workflow
• Ensure healthy relations between Finance and its Customers, i.e. Vendors, Contracts & Procurement, Cost Control etc.
• Ensure invoices are processed in full compliance with applicable SOX controls

Job Requirements

• B.Sc. Accounting/Business related Degree.
• 2-5yrs Work experience in an audit/accounting firm will be an added advantage
• Ability to use specialized accounting software and other Windows PC applications.
• Basic understanding of Oil and Gas Upstream operations.
• Highly developed inter personal skills, since job entails interactions (internally and externally).

go to method of application »

Job Nature: Resident
Job Type: Contracts

Job Description

• Ensure the SOX compliance of all processed FI invoices, that it falls within the scope of those approved by Management to be accorded such treatment.
• Posting of invoices in respect of invoice processing procedures for each Expense document: FI, MM, Custom duties and Tax liabilities (Royalties, Gas Flared and Capital Tax).
• Control and validation of clients expenditures of all elements registered within the accounting system (SAP) for all invoices and Credit Notes that will ensure the clarity of accounting treatment of the invoice to the external and internal auditors:
  • Amounts and Transaction Currency, arithmetical controls
  • Commitments (Purchase Order, Job Progress Certificate (JPC), etc.)
  • General and Analytical Coding
  • Payment Methods and Term of Payments
  • V.A.T and Withholding Tax (W.H.T) deductions.
  • Approvals (electronical or manual), according to the delegation of authorities procedures.
• Investigation and follow-up of non-postable invoices overdue for payment, due to JPC, GR not created/properly created.
• Control each invoice to be validated to ensure that no duplicated entry has been registered into the accounting system.
• Initiate, and coordinate all necessary actions to be taken by other IMP/web cycle actors, Payment or General Accountants, Cost Controllers and if necessary Technical Departments for the regularization of all Expense Documents which could not be validated.
• Intensive follow-up with Cost Controllers, Technicians, JPC Creators/Releasers of outstanding invoices in IMP workflow.
• Respond to circularisation letters received from external auditors of vendors.
• Investigate and respond to vendors enquiries.
• Analyze open items in the GLs 401*and 42* to ensure prompt payments are made.
• Other duties as may be assigned from time to time by hierarchies.

Content and Environment:

• Job is carried out in an environment that interfaces with virtually all clients entities such as Cost Control, Contracts & Procurement, General Services, Human Resources, GSR, General Services amongst others,
• Regular interruption by Vendors making enquires.
• Changing legislation (e.g. VAT / WHT) NCD and technological updates (e.g. SCAN, SAP, IMP etc)
• Large and growing volume of documents

Accountabilities:

• Guarantee conformity of invoices received with commitments taken
• Contribute to the respect of contractual terms (due date of payment…) by ensuring a timely and correct validation of invoices within the accounting system (SAP) via IMP workflow
• Ensure healthy relations between Finance and its Customers, i.e. Vendors, Contracts & Procurement, Cost Control etc.
• Ensure invoices are processed in full compliance with applicable SOX controls.

Job Requirements

• B.Sc. in Accounting / Business related Degree.
• 2-5yrs Work experience in an audit/accounting firm will be an added advantage
• Ability to use specialized accounting software and other Windows PC applications.
• Basic understanding of Oil and Gas Upstream operations.
• Highly developed inter personal skills, since job entails interactions (internally and externally).