Senior Venture Control Accountant
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Key skills for this role
Role Overview
Provide professional advice and guidance on financial, accounting, management accounting, tax, and related issues.
Perform analyses and present financial data internally and externally while applying relevant principles, concepts, and standards.
Key Skills for This Role
Full Job Posting
Job Purpose
Provide professional advice and guidance on financial, accounting, management accounting, tax, and related issues.
Perform analyses and present financial data internally and externally while applying relevant principles, concepts, and standards.
Financial Accounting
- Account for revenues and ensure correct invoice coding.
- Perform month-end reconciliations between volumes and production allocation reports.
- Complete quarterly price adjustment reconciliations and post adjustment invoices.
- Coordinate monthly account reconciliation processes and perform assigned reconciliations.
- Review operating costs, capacity usage reconciliations, lease postings, and cash call accounting.
Forecasting and Tax
- Compile cash forecasts for technical SAP companies by coordinating and reviewing inputs from finance areas.
- Review cash forecasts for reasonableness before submission to treasury.
- Perform monthly tax calculations and coordinate inputs from Asset & Materials, Allocation, and Planning.
- Prepare and calculate tax after the TPOB regime expiry and address shareholder representative queries.
Reporting and Planning
- Contribute to annual financial statements and draft financial notes in line with current IFRS reporting standards.
- Prepare monthly shareholder reporting and resolve internal and external stakeholder queries.
- Produce PPI, QCB, sales, foreign investment survey, energy survey, and ad hoc reports.
- Complete quarterly reporting and forecasting requirements for the majority shareholder.
- Upload production volume data and associated revenues into BPC and maintain planning-system input integrity.
- Contribute to the annual budget and long-term business plan.
Controls and Master Data
- Coordinate approval and implementation of master data requests and maintain consistent reporting hierarchies.
- Maintain understanding of the compliance framework, address control gaps, and recommend process changes.
- Ensure an effective control environment, including application of the Table of Financial Authority.
Qualifications
- A bachelor's degree in accounting, finance, economics, or commerce is required.
- A bachelor's degree in another discipline plus an internationally recognized professional accounting qualification is an alternative.
- Recognized qualifications include ACA, ACCA, CA, CFA, CIMA, CMA, and CPA.
- At least 5 years of experience in the oil and gas industry is required.
- Strong knowledge of accounting systems is required.
- Strong specialized financial knowledge in consolidation, compilation, and analysis is required.
- Strong commercial knowledge related to the oil and gas industry is required.
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