Budget Analyst at Amaiden Energy Nigeria Limited Full Time

Job Title: Budget Analyst

Location: Lagos, Nigeria
Category: Others
Job Type: Contracts
Job Nature: Standard

Job Description

• Assist in the preparation and issuance of monthly Cash Call statements to Partners in line with the JOA,
  preparation of monthly cash flow forecast and other ad-hoc request from the Partners
• Assist in the preparation of monthly Billing statements and Working Capital issued to Partners
• Assist in the preparation of monthly Production Allocation Statements and Proceed Imbalance issued to Partners and NNPC respectively.
• Assist in the preparation of monthly Production forecast Report and SEC production figures to Corporate Budget and Strategic Planning.
• Assist in the computation of SEC Production for monthly reporting, Budget and PDC sessions and Planned Production Shutdown report.
• Assist in the review and update of all WBS master data to ensure correct reporting parameters are used
  e.g. CAPEX/OPEX, JIB/JIBE codes, NNPC codes.
• Assist in the preparation of Monthly Management Report & SOX Controls.
• Provide status report on all SOX controls managed by the Department.
• Provide Cost and Production performance reports to Corporate Budget in line with published timelines.
• Provide support to Venture Management department and prepare prompt responses to queries received
  from Partners and Authorities.
• Provide support to Cost Controllers during budget and performance reviews with NAPIMS – SUBCOM
  and TECOM.
• Follow up alignment of routine reporting format in line with Corporate Budget’s format and effect changes
  when/where necessary.
• Requires good knowledge and application of clauses contained in the various Joint Operating
• Agreements(JOA), Production sharing contracts(PSC), Carry Agreements, Memorandum of Understanding (MOU) with NNPC, Farm-in and Farm out Agreements
• Requires strict compliance with dynamic accounting rules contained in Nigerian Accounting Standards (SAS), International Accounting Standards (IFRS/IAS), Petroleum Profit Tax acts, Sarbanes Oxley Act
• Maintain contacts with the following teams: Cost Control, Third Party Accounting, Corporate Accounting, Joint Venture Management, Audit, Technical Logistics and Tax.

Accountabilities

• Ensure the integrity of Production Allocation, Billing and Cash Call Statements issued to Partners
• Ensure timely submission of all reports due to Partners in line with the JOA
• Provide support during analytical reports to aid top management planning
• Ensure internal compliance of all SOX documentations and update of SOXCM+ folder

Job Requirements

• B.Sc in Accounting, Economics, or other related discipline
• M.Sc and/or professional qualification (ACA/ACCA/CITN) an advantage

Experience:

• 3 – 5 years’ experience in accounting / finance environment, preferably upstream oil and gas industry

Essential Skills:

• Advanced Excel, PowerPoint and other Microsoft office skills & SAP knowledge an advantage
• Good organisational ability, interpersonal and analytical skills.

Application Closing Date
30th November, 2023.