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Interventure/Interco Accounting Officer At Amaiden Energy Nigeria Limited

Date Posted: 18/Mar/2017
Deadline: 27/Mar/2017

Amaiden Energy Nigeria Limited (formerly Moody International Nigeria Limited) was established in 1996 as a partnership between Moody International Group and Nigerian investors. Since commencing operations in March 1997 the company continues to grow and exerts its presence in numerous Projects in the Nigeria Oil and Gas Industry.

Amaiden Energy Nigeria Limited services portfolio includes; Outsourcing and Technical Staffing Services (TSS), Technical Inspection Services (TIS), Expediting and Status Reporting, Consultancy, Training and Procurement Services. In September 2014, the company became a fully owned Nigerian company and changed name to Amaiden Energy Nigeria Limited.

JOB CONTENTS/PROBLEM SOLVING (ACTIVITIES)

  • Supports month-end, quarter-end, and year-end interventure/interco accounting closure processes.
  • Prepares, analyzes, and follows up interventure/intercompany advances and loans for prompt settlement
  • Prepares monthly analysis of cost objects dedicated for recording interventure/interco expenditures
  • Prepares payment statistics and reports of Group Vendors, including aged analysis and prompt resolution of disputes
  • Prepares periodic analysis of venture bank accounts (VBA) Cash Switch and Non-Cash Switch, monitors, and clears VBA accounts
  • Prepares, posts, analyzes, and follows up on interventure/intercompany sales, including movables and stocks
  • Prepares, posts, analyzes, and follows up on general re-invoicing of interventure/intercompany expenditures, including TGI and TSA Debit Notes,
  • Reviews, analyzes, and reconciles all transit accounts used for interventure/intercompany transaction purposes
  • Interfaces with district accountants, cost controllers, and other Group affiliates on interventure/intercompany transactions to ensure accuracy and completeness of records.
  • Attends to disputes, complains, and inquiries related to interventure/intercompany transactions.
  • Any other duties as may be assigned by the supervisor

CONTEXT AND ENVIRONMENT

  • Transverse entities and persons within client and the Group.
  • Compliance with International Accounting Standards (IFRS/IAS), Internal Policies, and Sarbanes Oxley.
  • Application of dynamic agreements (JOAs, PSCs, MCAs, and MOUs)
  • High volume of activities, reports, and audits.
  • High risk – low error margin.
  • External Contact with External Auditors (Local & Group)

ACCOUNTABILITIES

  • Monthly, quarterly, and yearly reconciliations
  • Accuracy and completeness of financial data for CONSO and Social accounts
  • Timely delivery of financial information

Job Requirement

  • B Sc. Accounting / business related degree plus a professional accounting qualification
  • 2-5 years professional experience (knowledge of Oil and Gas Upstream Industry is an added advantage)
  • High proficiency in MS Excel (knowledge of SAP is an added advantage)
  • Good analytical and inter-personal skills

Method of Application

Interested and qualified? Click the Apply now button to send your application

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