Management Accounts Officer Job at Northwest Petroleum & Gas Company Limited


Northwest Petroleum & Gas Company Limited is a Company in the Oil & Gas Sector of the economy with international repute. The Company has vast experience in the importation, supply, distribution, and storage of Petroleum Products and is also actively involved in the official export of Crude Oil from Nigeria being one of the twenty-seven Companies approved by the Nigerian National Petroleum Corporation (NNPC) for allocation and export of Nigerian Crude Oil. Presently, amongst other facilities, the Company operates two (2) Ultra-Modern Mega Petroleum Products Storage Terminals with a combined capacity of 96.8 million litres certified and duly licensed by the Department of Petroleum Resources (DPR) and an Ultra-Modern Berthing Facility with an International state of the art Fire Fighting and Safety Equipment in the Calabar Free Trade Zone, Cross River State.

We are recruiting to fill the position below:

Job Position: Management Accounts Officer

Job Location: Lagos
Employment Type: Full-time

Job Description

  • We seek hire an experienced, competent and collaborative individual to join our finance team as Management Account Officer who will provide management with timely periodic financial reports and models to assist in decision-making.

Key Responsibilities

  • Carry out Daily reconciliation of sales report to bank account statements.
  • Performance of bank reconciliations on a regular and timely basis.
  • Performance of intercompany accounts and reconciliation periodically.
  • Accurate recording of financial entries and transactions in the general ledger.
  • Working with Accounts Payable sub-unit to ensure expenses are properly accrued and captured.
  • Collation of data inputs and assumptions from various Heads of Departments in the formulation of annual budgets.
  • Provide management with timely, relevant financial information to better understand the business and cost/revenue profile.
  • Manage the budget and forecast processes by collecting all financial information necessary for the annual and strategic planning process.
  • Assisting in preparation of consolidated group financial statements
  • Assisting in the preparation of department budget variance analysis.
  • Preparation of weekly sales reports.
  • Provision of support to external auditors during statutory audits.

Qualification / Experience / Key Competencies

  • Minimum of B.Sc Degree in any Finance related field.
  • 2 - 5 Years of Post qualification experience (experience in the Downstream oil sector will be an advantage)
  • Self- motivated, a team player, dedicated, diligent and dutiful.
  • Professional qualification in accounting: ACA, ACCA etc
  • Candidate must possess thorough knowledge of bank reconciliation, good understanding of accounting treatment of inter-company transactions and other activities of related entities etc.
  • Experience and knowledge in budgeting, cost accounting, consolidation, performance reporting and financial analysis.
  • Display of high accuracy of output and attention to details
  • Knowledge of computer skills, good communication and organizational skills.
  • Ability to be a self starter with minimum supervision and team


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