Description
MAIN FUNCTIONS
Participate in the annual budget review process in conjunction with PANC team to ensure all budget expense lines are approved at the
SUBCOM. Design the budget templates and work with the technical and cost control teams to provide proper guidance on activity
classifications in the budget.
• Revise budgets performance and, in collaboration with the PANC team, inform NUIMS of these changes to the initial Work
Program and Budget. Track budget changes that are to be reflected in the revised budget.
• Work with the Technical, Cost Control, and PANC teams for the successful defense of all expenses during the Performance Review
SUBCOM. Coordinate the preparation of the NAPIMS performance templates and review same to ensure completeness and proper
codification of cost in line with NUIMS’ UAP codes. Organize mock SUBCOM review sessions with all relevant internal teams to
communicate changes in cost recovery methodology. Liaise with NUIMS Planning and technical teams for the resolution of cost
classification issues which may arise during review meetings.
• Consolidate the budget/performance reports after each review sessions and maintain a follow-up mechanism with all internal parties
to ensure that all required support documents/justifications are subsequently provided for proper defense on categorized items
under review and to limit future audit issues.
• External Reporting—participate in the monthly reporting process to ensure timely dispatch of statutory monthly reports and other
ad-hoc reports requested by NUIMS, NUPRC, and other regulatory authorities.
• Internal Reporting—Prepare monthly and ad-hoc reports and other financial analysis to guide management in decision making.
• Provide support and financial analysis during the partners' audit exercise, annual inventory count, other external audits, and financial
and procedural reviews in an effective and efficient manner and in accordance with the relevant contractual agreements to protect
the company from avoidable financial and non-financial risks and obligations.
• Develop and constantly update data bases for monitoring/tracking cost recovery issues.
• Develop and maintain cordial relationships with all DW Asset partners, regulatory authorities, and all internal parties to promote the
smooth conduct of business operations and the reviews of the financial records.
ACCOUNTABILITIES
Obtain budget approval and performance approval and provide support in obtaining cost certificates.
• Efficient Coordination of PSC governance review meeting (SUBCOM, FINCOM, TECOM & MACOM)
• Maintain and make available in the requested format, timely and reliable data and information for PSC governance review, coordinating the relevant
internal resources (budget & reporting, cost control, treasury, legal, etc.) necessary to provide required information.
• Build and maintain business relations with all OML 130 partners and the regulatory agencies (NAPIMS, DPR)
Job Requirement
SKILLS AND QUALIFICATIONS
BA/BSc in Accounting, Finance, Economics, or another business-related discipline,
• Professional Accounting qualification – ACA, ACCA, CIMA, etc.
• A minimum of 7 years’ experience of working in a finance or audit function with 6 years spent in the Oil and gas industry
• Excellent relationship skills, negotiation skills, and a strong team player; able to manage and prioritize own workload
• Results-driven, comfortable, and experienced at working operationally to drive continuous improvement and efficiency
• High knowledge of SAP/UNISUP and Microsoft office applications. Good analytical skills
• Demonstrates a high standard of ethics and professionalism, aligned to the company's values
• Good knowledge of the oil & gas industry and the company's business in Nigeria is an added advantage.