BRUNEL ENERGY (OIL AND GAS): SENIOR ACCOUNTANT

Responsible Care: a. Know and understand the Responsible Care Ethics. b. Will follow the Responsible Care standards as applicable to his/her role within the Organization. c. If required to drive shall know and understand COMPANY“Safe Driving Practice”. d. Is required to report any unsafe acts and conditions (vehicle, driving, or workplace). e. Ensures that subordinate staff (employees and contractors): • Are knowledgeable in COMPANY “Safe Driving Practice”; • Have driving as part of the performance management discussions (including Drive Right data). f. Ensures compliance with Nexen policies, procedures and practices. g. Addresses non-compliance when observed and reports serious or repeated non-compliance.

Job Description

 

1. Basic Function:

 

This position is responsible for the accounting and reporting for general accounting. This position must ensure the timely completion of the month end accounting requirements for all the Nigerian entities.

 

This position also ensures compliance with the system of internal controls, the Sarbanes-Oxley Act (SOX), the production sharing agreement and sound business practices in the area of general accounting and takes responsibility for the correctness of the results of all general accounting related tasks and responsibilities.

 

This position also works closely with the Treasury/Disbursements, Field Operations, and Corporate departments.
2. Work Performed:

 

a. Reconciliation and analysis of intercompany accounts which include:

 

• Analyze and review intercompany transactions on a monthly basis and identifies items for correction and make the correcting journal entries.

 

• Reconcile the intercompany accounts on a monthly basis using SAP generated reports.

 

• Follow up disputed charges or accounts that do not reconcile with the originator

 

• Record the necessary journal entries for both legal entities.

 

b. Controls and maintains fixed assets subledger and keep track of the fixed assets movements. Reviews/performs or assists with physical count of fixed assets and assists in the reconciliation of the count against the subledger including reconciliation of fixed assets subledger against the general ledger.

 

c. Ensures that all general property and infrastructure Project Authorization Forms (PAF) and all capital PAF’s are properly reclassed to asset and expense accounts. Any differences must be analyzed and correction made to the Asset Under Construction (AUC) settlement rules to enable the reclass works correctly.

 

d. Calculate and reconcile the asset retirement obligation and create sub-number.

 

e. Prepares the monthly journal entries or reviews for the following:

 

• Elimination entry for FUC for Nexen Inc consolidation

 

• Carried interest adjustment

 

• Quarterly PSA overhead entry

 

• Reclass facility cost center to CAPEX

 

• Reclass seismic cost center to CAPEX

 

f. Carries out other similar or related duties as directed by Finance Manager
3. Work Contacts:

 

a. Maintain close working relationships with in-country and corporate departments (Revenue, Audit, Operations, Controller’s, Treasury, Tax, Audit and International) on a monthly basis for any job related activities.

 

b. Representatives from partners, suppliers, third parties, banks and accounting firms on a periodic basis for any job related activities.

 

c. Local management and colleagues from other work groups on a monthly basis for any job related activities.
4. Independence Of Operation:

 

a. Work according to established accounting procedures and professional accounting standards to meet all required deadlines.

 

b. Completed work is subject to subsequent review.

 

c. Initiate the process to keep Finance Manager advised of work progress and reviews priorities regularly.

 

d. Actively seeks new challenges and feedback on completed work.
5. Supervisory Responsibility:

 

a. None.
6. Physical Effort:

 

a. Normal work day with the ability to work overtime to facilitate reporting requirements.

 

b. Use of PC for majority of work day.
Job Requirements

 

Minimum Requirement

 

a. Bachelor’s Degree in Commerce or equivalent.

 

b. Has or working towards a recognized accounting designation.

 

c. 7 years’ general accounting or finance experience.

 

d. Proficient verbal and written English communication skills

 

e. Strong working knowledge of SAP, Microsoft Office and Lotus Notes.

 

f. Working knowledge of Generally Accepted Accounting Principles (GAAP) and International Oil & Gas industry knowledge.

 

g. Basic internal controls and Sarbanes Oxley compliance understanding.

 

h. Basic knowledge of international fiscal systems including petroleum sharing contracts and petroleum policies and procedures.
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BRUNEL ENERGY (OIL AND GAS)

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