Senior Project Accountant needed in Lagos

  • An  Oil and Gas (E&P) company is currently hiring a Senior Project Accountant.Reports to: Project Accounting Mgr

    Interacts with:

    Finance function
    Project Managers
    Technical Staff and Contractors
    Commercial Group
    Legal Group

    JV partners
    Government officialsJob Purpose: To assist the Project Accounting Manager in Budgeting, Cost Control, Cost monitoring and Cost reporting

    Responsibilities and Key Objectives:

  • Prepare and ensure monthly recognition of crude revenue.
  • – Compute and ensure recognition of monthly royalty payable on production.
  • – Review of all requisitions in the system, orders and direct invoices to confirm accuracy and ensure that transactions are recorded accurately for production operations and non-operated assets.
  • – Ensure the detailed operating cost vs budget report with comments on variances is prepared monthly for all assets and discussed with the Project Accounting Manager.
  • – Ensure the detailed operating cost forecast is prepared monthly for the Asset
  • – Ensure timely and accurate preparation of the financial reports for Asset monthly.  \
  • – Analyze and ensure that monthly project accruals for operating expenditure and non-operated assets are properly book
  • – Compile and produce input for monthly project reports and management accounts reporting.
  • – Carry out reconciliation of cash call payments by JV Partners and review cash call requests of the Asset for reasonableness.
  • – Review bank statements of the Asset, ensure prompt cash call payments by JV partner, follow-up JV partner on delay cash call payment and carry-out reasonableness check of payments made out of the JV bank accounts.
  • – Review billing statements and working capital statement of the Asset for reasonableness and accuracy.
  • – Book billing statement of the Asset promptly and accurately.
  • – Follow-up with JV partner and ensure prompt closure of all outstanding accounting issues for the Asset
  • – Work closely with the operator of non-operated assets to ensure timely and accurate availability of accounting information on the projects.
  • – Ensure prompt review and timely submission of all reports on the monthly deliverables time-table.
  • – Prepare monthly balance-sheet schedule for the Asset
  • – Perform other adhoc analyses and reporting roles as may be designated by the Project Accounting Manager from time to time



First degree

Professional qualification (ICAN, ACCA), knowledge of upstream oil & gas project accounting required.

Job Knowledge, Skills and Experience:

– A minimum of 5 years cognate post graduation accounting experience.
– Must have big picture mentality required to see financial issues in broader and commercial context
– Must be a skilled relationship builder with people focus and be successful at leading teams
– Must have solid technical accounting experience
– Deliver organisation wide improvements through building trust and rapport with cross functional management teams and in particular asset managers/budget holders in Lagos office
– Problem identifier and problem solver
– Ability to challenge budget and cost control in a positive manner
– Self starter and self motivated and looking at how best to do things moving forward as opposed to just following how things have been done before
– Ability to take decisions and able to make judgement calls on when senior colleagues need to be consulted, by recognising the sensitivity of matters/situations especially with dealings JV Partners.

Application Method

Applicants should please send cv to  and also Upload CV and Cover Letter below



Apply for this job
Share this job

Contact Us


Contact Us

Email :
Phone : 08092255199