Partners Accountant

Partners Accountant at Amaiden Energy

Amaiden Energy Nigeria Limited, formerly Moody International Nigeria Limited, has been a key player in the Nigeria Oil and Gas Industry since 1997. The company has a strong presence in numerous projects across the sector.

Job Description:

As a Partners’ Accountant, you will be responsible for the reconciliation of partners’ accounts, managing cash calls, liaising with auditors, and ensuring compliance with SOX control procedures. You will also support JV partners’ audits, manage inventory processes, and handle various accounting tasks related to joint ventures.

Key Responsibilities:

• Reconcile Partners’ Current Accounts between the Budget Department and the books (SAP).
• Account for Cash Calls paid by Partners into the JV Accounts/Books (SAP).
• Liaise with auditors during Partners and Statutory audits concerning JV-related issues.
• Ensure compliance with relevant SOX control procedures and complete necessary SOX documentation, focusing on SOX Procedure for AOP_06.
• Provide support and information for JV partners’ audits, NEITI, and special investigations.
• Coordinate with the Budget Department to identify proper billable Cost Objects for the PCO process.
• Run the PCO process during monthly closure sessions and reconcile the position with budget expectations.
• Prepare reports showing the status of Inter JV sales POs pending debit notes posting.
• Work with Stock Controllers to process approved Inter JV sales debit notes and ensure funds settlement.
• Interface with Stock Control for planning and implementing Rotational and Annual Inventory exercises.
• Review the cutback process from CTB and GTB perspectives to ensure accuracy of Partners’ share in line with contractual agreements.
• Analyze related general account balances and investigate arising issues.
• Liaise with Tax and JV Budget Departments to compute proper NDDC liability and monitor its liquidation.
• Perform any other duties as assigned.

Job Requirements:

• Educational Qualification: BSc/HND with a professional qualification.
• Experience: Minimum of 6 years of post-graduation experience, with at least 4 years of professional accounting practice in an Oil and Gas Upstream company or a reputable audit firm.
• Skills: Strong organizational, analytical, and interpersonal skills.
• Knowledge: A good understanding of Oil and Gas Joint Operating Agreements is required.