JV Accountant Job at Savannah Energy

Savannah Energy is a young, high growth, highly ambitious energy company. We are focused on operating in countries where we can make a difference to local communities, where we can play a strategic role in the energy sector and where we can make a positive impact on the socio-economic development of the country. Our vision is to create a best in class African-focused energy company that we and our stakeholders are proud of. Our five core values of Sustainability, Excellence, Entrepreneurialism, Integrity and Teamwork define the essence of Savannah and underpin our corporate culture.

The management team are fully committed to creating substantial growth in the short to medium term and to support this growth ambition we are looking to increase the depth of the team.

We are recruiting to fill the position below:

Job Position: JV Accountant

Job Location: Uyo, Akwa Ibom
Job Grade: E

Job Purpose / Objectives

• Provide adequate support for accurate accounting, reporting, budgeting and cost control for assigned Joint Ventures.
• Support the maintenance of the Joint Venture Accounting ledgers (Net Books) and the reporting of actual results against budget and forecast.
• Support the preparation of financial statements/accounts.
• Provide support for all JV tax and commercial activities.

Job & Main Specifications
Education / Knowledge / Experience:

• University Degree or equivalent in Accounting or any Finance related discipline with excellent knowledge of IFRS and general accounting principles.
• At least 5 years of relevant accounting experience in the oil and gas sector or a top accounting firm.
• A professional qualification (ACA, ICAN/ACCA or CIMA).
• Strong systems knowledge of Infor 10 Financials Business (SUN Systems) and Q&A analysis tool will be an added advantage.
• Strong communication and interpersonal and report writing skills.
• Advanced Excel and data analytics skills.
• Good knowledge of Joint Venture and other contractual agreements in the Oil and Gas Industry.
• Strong analytical and problem-solving skills.

Duties and Responsibilities

• Support the preparation of annual budget and performance reporting for assigned Joint Ventures.
• Prepare relevant tax schedules and ensure prompt filing of tax returns and payment.
• Ensure prompt NXP preparation, liaison with inspection agent, processing bank and terminal operator ahead of crude lifting.
• Act as contact/interface for FUN JV crude oil commercial activities with Exxon Mobil i.e., computation of monthly crude oil price, coordination and submission of member invoicing processes and shipping documents, follow up with Exxon Mobil on receivables etc.
• Support the preparation of JV Cash Calls, collate information (invoices, work completion certificates, commitments etc.) required for preparation of JV Cash Calls and prepare Cash Call utilization reports.
• Support the preparation of financial statements/accounts.
• Develop and manage relationships with the Joint Venture Partners.
• Participate in month-end Hydrocarbon/crude reconciliation.
• Support Month-end accounting process for the Gross and Net corporate books.
• Prepare accounting schedules and manage the JV General Ledgers.
• Coordinate regulatory audits, reviews and investigations in the JV e.g., NEITI, NCDMB, DPR etc.
• Support tax audits, regulatory reviews/audits and investigation.
• Support the preparation of monthly Cost Reports, and Joint interest Billings.
• Review non operated JV Calls and JIBs and ensure cut back of costs to the JV books.
• Review tax on Invoices, review Tax schedules prepared for filing and effect tax corrections (where necessary).
• Participate in month end closing activities including monthly group reports, trend analysis and carry out balance sheet reconciliations.
• Ensure health, safety, environment and social responsibility of self and others.

Note

• Savannah Energy is an equal opportunity employer. We do not discriminate on the basis of age, disability, gender, marriage or civil partnership, maternity or pregnancy, race, religion, belief or sexual orientation. Savannah Energy values the protection of your personal data. We process all data in line with the Nigeria Data Protection Regulation 2019.
• Only qualified candidates will be contacted.