Accountant at Terra Energy Services Nigeria Limited

Terra Energy Services Nigeria Limited is an indigenous Engineering and Oil and Gas Service Company incorporated in Nigeria in 2001 with expertise in providing full-service integrated solutions to clients across the entire oil and gas value chain.

We currently operate from our offices in Lagos and Port-Harcourt and aspire to become the leading provider of quality Oil and Gas Engineering Services in West Africa.

At Terra Energy Services, we maintain a policy of creating a conducive environment for the attraction of the best qualified and motivated staff for performance enhancement.

We are recruiting to fill the position below:

Job Title: Accountant

Location: Lagos

Job Purpose

• This position is responsible for preparing standard and adjusting journal entries, preparing and posting miscellaneous cash receipts, coordinating period close activities and timely account reconciliation.
• This is a support role within the organization that is also responsible for the processing and preparation of periodic financial reports and ad hoc analyses for business
• The position exists to assist management ensure adequate levels of liquidity and working capital is maintained.

Duties and Responsibilities

• Perform periodic management accounting and reporting activities to include: monthly profit & loss and cash flow positions, etc.
• Compile and analyze financial information to prepare entries for General Ledger accounts; assists with maintenance of internal controls and process documentation
• Perform period-close activities, including reviewing and assessing journal entries, accruals, reconciliations and allocations
• Assist with budgeting and forecasting including consolidation, review, analysis and detailed reporting
• Create and maintain accounting and audit schedules to support the balance sheet reconciliations and financial audits
• Maintain cash inflow/outflow reconciliation and reporting, including bank reconciliation
• Analyze financial information to summarize and interpret current-projected financial position for management and decision making (manage and monitor business financial performance and KPI’s)
• Support the business planning process through coordinating and preparing departmental and corporate budgets
• Manage relationships with key financial and regulatory representatives
• Evaluate the effectiveness of processes, procedures and control environment for process improvements as needed
• Alert management of situations that may materially affect the company’s overall financial condition

Qualifications

• Bachelor's Degree in Accounting or related field
• Minimum of 8 -10 years of progressive experience in finance or accounting for a structured organization (previous oil & gas or financial services firm experience is a plus)
• A certified member of Institute of Chartered Accountants of Nigeria (ICAN)/ACCA.
• Knowledge of applicable accounting and financial reporting rules, regulations and requirements
• Strong analytical skills – understanding of revenue – cost structures and translate data to clear analytics
• Strong Microsoft Office skills (Excel and PowerPoint); experience with financial modeling a plus

Key Performance Indicators

• Accuracy of transaction processing (posting of entries etc.)
• Accuracy of accounting schedules prepared
• Quality and timeliness of accounting reports produced
• Level of adherence to regulatory/statutory reporting guidelines and timelines
• Quality and ease of retrieval of financial information/documents and reports
• Compliance with statutory reporting standards.
• Working conditions
• Work is primarily done in a business/office environment
• Limited travel

Direct Reports:

• Accounting Clerk

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should send their CV's to: careers@terranig.com