The Accountant is responsible for maintaining accurate financial records, supporting timely financial reporting, ensuring statutory and tax compliance, and strengthening internal controls to support effective decision-making within the petroleum business.
Key Responsibilities
1. Financial Accounting & Reporting
- Prepare month-end close activities, including journals, accruals, and reconciliations.
- Maintain the general ledger and ensure accurate classification of transactions.
- Prepare monthly management accounts and support statutory financial statements.
- Provide variance analysis and insights to support business performance reviews.
2. Accounts Payable & Receivable Management
- Process supplier invoices, payment requests, and supplier reconciliations.
- Manage customer invoicing, collections support, and ageing reports.
- Ensure completeness and accuracy of supporting documentation for all payments and receipts.
- Support credit control and follow up on overdue balances where required.
3. Tax & Statutory Compliance
- Prepare and submit tax returns and statutory filings in line with local regulations.
- Maintain tax schedules and support tax audits and regulatory inquiries.
- Ensure compliance with applicable accounting standards and company policies.
4. Audit & Internal Controls
- Maintain proper documentation and audit trials for financial transactions.
- Support internal and external audits and implement agreed corrective actions.
- Strengthen controls to reduce errors, fraud risk, and non-compliance.
5. Budgeting & Cash Support
- Support annual budgeting and periodic forecasting processes.
- Assist with cashflow forecasting and monitoring of bank reconciliations.
- Coordinate with operations/procurement to ensure cost control and budget discipline.
Requirements
Key Qualifications and Experience
- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional qualification (CPA/ACCA/CIMA or equivalent) is an added advantage.
- Minimum of 3–5 years’ experience in accounting, preferably in the oil & gas/energy sector.
- Strong knowledge of general ledger, reporting, and tax compliance.
- Experience with ERP/accounting systems and strong Excel skills.
- High attention to detail with strong analytical capability.
- Strong integrity, confidentiality, and commitment to compliance.
- Ability to work under deadlines and manage multiple priorities.
- Strong written and verbal communication skills.
- Team-oriented with the ability to work across functions.