Savannah Energy is a young, rapidly growing, and ambitious energy firm. We are committed to operating in nations where We can significantly impact neighboring communities and the energy industry, play an essential part in the energy sector, and contribute to the country’s socioeconomic growth. We aim to build a world-class African-focused energy firm that we and our stakeholders can be proud of. Our five core values—Sustainability, Excellence, Entrepreneurialism, Integrity, and Teamwork—define Savannah’s identity and form the basis of our corporate culture.
The management team is fully committed to creating substantial growth in the short to medium term, and to support this growth ambition, we are looking to increase the depth of the team.
We’re seeking candidates for the following position:
Job Position: JV Accountant
Job Location: Uyo, Akwa Ibom
Job Purpose / Objectives
- Provide adequate support for accurate accounting, reporting, budgeting, and cost control for assigned Joint Ventures.
- Support the maintenance of the Joint Venture Accounting ledgers (NetBooks) and reporting actual results against budget and forecast.
- Support the preparation of financial statements/accounts.
- Provide support for all JV tax and commercial activities.
Job & Main Specifications
Education / Knowledge / Experience:
- University Degree or equivalent in Accounting or any Finance related discipline with excellent knowledge of IFRS and general accounting principles.
- At least 5 years of relevant accounting experience in an oil and gas industry or top accounting firm.
- A professional qualification (ACA, ICAN/ACCA or CIMA).
- Strong systems knowledge of Infor 10 Financials Business (SUN Systems) and Q&A analysis tool will be an added advantage.
- Strong communication and interpersonal and report writing skills.
- Avanced Excel and data analytics skills.
- Good knowledge of Joint Venture and other contractual agreements in the Oil and Gas Industry.
- Strong analytical and problem-solving skills.
Duties and Responsibilities
- Support the preparation of annual budget and performance reporting for assigned Joint Ventures.
- Prepare relevant tax schedules and ensure prompt filing of tax returns and payments.
- Ensure prompt NXP preparation and liaison with the inspection agent, processing bank, and terminal operator ahead of crude lifting.
- Act as contact/interface for FUN JV crude oil commercial activities with Exxon Mobil, i.e., computation of monthly crude oil price, coordinating and submitting member invoicing processes and shipping documents, following up with Exxon Mobil on receivables, etc.
- Support the preparation of JV Cash Calls, collate information (invoices, work completion certificates, commitments, etc.) required to prepare JV Cash Calls, and prepare Cash Call utilization reports.
- Support the preparation of financial statements/accounts.
- Develop and manage relationships with the Joint Venture Partners.
- Participate in month-end Hydrocarbon/crude reconciliation.
- Support Month-end accounting process for the Gross and Net corporate books.
- Prepare accounting schedules and manage the JV General Ledgers.\
- Coordinate regulatory audits, reviews, and investigations in the JV, e.g., NEITI, NCDMB, DPR, etc.
- Support tax audits, regulatory reviews/audits, and investigations.
- Support the preparation of monthly Cost Reports and Joint Interest Billing.
- Review non-operated JV Calls and JIBs and ensure a cutback of costs to the JV books.
- Review tax on Invoices, review Tax schedules prepared for filing, and effective tax corrections (where necessary).
- Participate in month-end closing activities, including monthly group reports and trend analysis, and carry out balance sheet reconciliations.
- Ensure health, safety, environment, and social responsibility of self and others.
Note
- Savannah Energy is an equal opportunity employer. We do not make age-based distinctions, disability, gender, marriage or civil partnership, maternity or pregnancy, race, religion, belief, or sexual orientation. Savannah Energy values the protection of your data. We process all data in line with the Nigeria Data Protection Regulation 2019.
- Only qualified candidates will be contacted.
