Senior Petroleum Accountant

hotnigerianjobs.com

We are a leading Oil Exploration and Production Company with active operatorship of prolific blocks and Oil and Gas Assets in the Niger Delta.

As a result of our new expansion and development programmes, we are seeking to engage experienced, passionate and resourceful senior manpower in the position below:

Job Title: Senior Petroleum Accountant

Ref ID: (SPA)

Location: Niger Delta, Nigeria

Key Responsibilities

• Supervise monthly reconciliation of crude oil and gas production, liftings, and sales volumes across swamp and offshore fields.

• Validate production allocation between JV partners, royalty, and cost oil/gas entitlements.

• Liaise with operations, marketing, and terminal operators to confirm lifting schedules and realized revenues.

• Monitor cost recovery and prepare JV billing statements in accordance with joint operating agreements.

• Review cost allocations, accruals, and overhead distributions to ensure transparency and fairness among partners.

• Support audit processes (JV, internal, external, and regulatory) with accurate, reconciled documentation.

• Analyze operating expenditures, CAPEX, and project costs to improve financial efficiency.

• Lead monthly and quarterly financial close for petroleum operations.

• Prepare detailed management reports on production, cost, and profitability trends.

• Oversee royalty, tax, and regulatory payments to government agencies and verify compliance.

• Support budget preparation and forecast updates for production and revenue streams.

• Coordinate with petroleum engineers and production teams to reconcile production data with accounting records.

• Provide financial input to asset development and investment planning.

• Education & Experience

• B.Sc. in Accounting, Finance, Economics, or related discipline.

• Professional qualification: ICAN / ACCA (mandatory).

• Minimum of 10 years accounting experience, with at least 5 years in oil & gas upstream (production accounting, JV, and revenue management).

• Proven record of handling multi-asset or JV accounting environments in Nigeria's petroleum sector.

• ERP experience (SAP, Oracle, or SunSystems) preferred.

Key Skills & Competencies:

• Strong knowledge of oil and gas accounting principles, JV accounting, and production cost allocation.

• Solid understanding of lifting and terminal operations, royalty, and tax computations.

• Advanced Excel and ERP proficiency with attention to data integrity.

• Analytical, detail-oriented, and capable of explaining complex financial data to non-finance colleagues.

• Excellent stakeholder management – operations, partners, and regulators.

• High ethical standards, confidentiality, and accountability.

• Remuneration

• Attractive and above industry average.

Application Closing Date

24th November, 2026.