Accounting Officer – Relaunched (Local) at Onstream Group

Onstream Group – With over 35 years of international experience within the Oil & Gas Industry and Industrial markets, The Onstream Group has strategically aligned itself with its business partners & affiliates to provide cost-effective and operational efficient solutions.

We are recruiting to fill the position below:

Job Title: Accounting Officer – Relaunched (Local)

Location: Lagos

Job Descriptions

The job involves the monitoring and reconciliation of major General Ledger (GL) accounts in the different Joint Venture (JV) entities under various contractual agreements. It requires:
- Knowledge of financing structures requiring unique Accounting interpretations and implementations;
- Knowledge of a wide range of Accounting and regulatory standards;
- Interface within and outside the division and Company – Cost Control, General Accounting, Commercial, Treasury, Budget & reporting, Corporate Accounting, Stock Control, Partners, External Auditors (Local & Group) and Government agencies (NNPC, NAPIMS, DPR, NIMASA).

Accountabilities
The Accounting Officer shall:

Analyse various General Ledger accounts and investigate issues arising there from with special emphasis on the Working Capital accounts;
Reconcile Partners’ current account balances with Cash calls, Billing statements and the General ledger;
Account for Cash Calls / Draw-downs paid by and on behalf of Partners into the JV Accounts;
Analyse and reconcile inter venture payables and receivables;
Review the cutback process from a Cost Trial Balance (CTB) and General Trial Balance (GTB) perspective to determine accuracy and completeness of Partners’ share in line with contractual agreements, and investigate of issues arising there from;
Analyse and reconcile consumable stock balances between FI/CO and MM modules of SAP;
Compute and post Service fee and Parent Company Overhead in line with contractual obligations and agreements;
Prepare Accounting analysis in support of Partners, Group, NNPC, Tax, External & Internal audits and other special investigations and ad hoc audits;
Monitor and follow closure processes and provide relevant inputs as may be required;
Prepare monthly returns for Withholding Tax (WHT), Value added Tax (VAT), Nigerian Content development (NCD) levy and Cabotage deductions;
Provide support to other entities that interface with the Accounting department;
Carry out any other ad hoc duties as delegated.

Job Requirements

The Accounting Officer shall possess a Bachelor’s degree with a minimum of second class upper division in either Accounting, Finance, Business related discipline, Computer Science, Engineering or any numeric discipline. Completion of NYSC is mandatory.

Other requirements include:

Very good organizational ability with effective communication skills;
Aptitude for specialized accounting software (SAP) and other Windows office applications;
Good organisational, interpersonal, writing and analytical skills.

Application Closing Date
Not Specified.

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