Joint Venture (JV) Accountant at SPIE Oil & Gas Services

Job Title: Joint Venture (JV) Accountant

Job Description

• SPIE Services Nigeria Limited is currently looking for a JV Accountant to join its work force in Nigeria.

Responsibilities

• Extracting Cabotage values from GL 445909 and booking them for payment to NIMASA, after appropriate approvals, according to JV, and in line with monthly closure processes.
• Preparation of monthly cabotage reports with supporting documents for interface with NIMASA.
• Monitoring/analyzing of GL 445909 (NG01) and making corrections were necessary to maintain zero balance.
• Extracting NCD values from GL 445911 and booking them for payment to NCDMB, after appropriate approvals, according to contractual agreements, and in line with monthly closure processes.
• Extracting WHT and VAT values from their respective GL accounts and booking them for payment to various authorities, after appropriate approvals, according to their GL balances, and in line with monthly closure processes.
• Monitoring of NGN and USD balances in VAT, WHT, NCD and CABOTAGE, and recovering same with due payments, for relevant regulators, from those relating to the same vendor.
• Running accrual process for GIT monthly, to accrue the cumulative balances and booking its reversal date on the first of the next month.
• Assist, in collaboration with Tax and JV Budget Departments, in the computation of the NDDC liability and following up on related payments/reconciliations thereof.
• Assist with the accounting and booking of all Cash Calls paid by Partners into the JV Accounts/Books and analyzing the related impact on the Treasury Report
• Assist with the preparation of NNPC/COMPANY and AMENAM Annual returns
• Ensures that JV is compliant with the requirements of SOX CLO_03_NG_A each quarter.
• Sending out emails to COMPANY PLC and COMPANY SA representatives to obtain their intercompany balance sheet and profit & loss accounts relating to the reporting period
• Reconciling of Company SA and Company PLC balance sheet/profit and loss position with that of COMPANY
• Preparation of Intercompany reconciliation report for Company SA & Company PLC and printing for signatures.
• Uploading of signed intercompany reconciliation report to SOX CM+
• Preparing and posting of Debit notes for receiving of funds from sale of scraped material.
• Monitoring invoices in the workflow and following up with actors over items that are overdue.
• Following up with archivists for reprocessing of invoices received but not in IMP for processing.
• Any other duties assigned

Qualification / Experience Required

• Accounting Degree
• Over 5 years’ experience in the oil industry
• Ability to use specialized accounting software (SAP) and other Windows PC applications
• Basic understanding of Upstream Oil amid Gas Industry operations.
• Good analytical skills
• Good interpersonal and communication skills, since job entails frequent interactions (internal and external

Application Instructions:

The application deadline is Not Specified. Therefore, qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION” It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Official Job Website: https://spiegse.com/