Oil and Gas Financial Controller
2 days ago
We are seeking a highly skilled Senior Venture Control Accountant to join our team at lxbfYeaa.
The ideal candidate will possess a strong background in accounting, finance, and economics, with a minimum of 5 years' experience in the oil and gas industry. They will be responsible for providing professional advice and guidance on financial, accounting, management accounting, tax, and related issues.
Key Responsibilities:
Perform the accounting of all revenues ensuring correct invoice coding.
Perform month-end reconciliation which reconciles volumes to the production allocation reports.
Perform the quarterly price adjustment reconciliation and post the adjustment invoices and co-ordinate the monthly account reconciliation process and perform own account reconciliations.
Review allocated and direct operating costs for reasonableness and review the monthly capacity usage reconciliation.
Review lease postings for accuracy and reasonableness and ensure all cash calls are posted and accounted for correctly.
Compile the cash forecasting for technical SAP companies by coordinating and reviewing input from other areas of finance and review cash forecast for reasonableness before sending to treasury.
Perform the monthly tax calculation. Coordinate and review inputs from Asset & Materials, Allocation and Planning. Prepare for and calculate tax post TPOB regime expiry. Address working level queries raised by Shareholder representative.
Contribute to the preparation of the annual financial statements, in particular drafting various financial notes and ensuring compliance with the most up to date IFRS reporting standards.
Required Skills and Qualifications:
Bachelor's degree in an Accounting, Finance, Economic or Commercial discipline; or
Bachelor's degree in any discipline and an internationally recognised professional accounting qualification (ACA, ACCA, CA, CFA, CIMA, CMA, CPA).
Technical and Business Skills:
Proficient in written and spoken English.
Computer literacy, including working knowledge of business software programmes such as EC, SAP and BPC.
Ability to communicate effectively with internal/external clients.
Specialised financial knowledge in a range of areas including consolidation, compilation and analysis.
Strong analytical, organisational and planning skills.
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