Project Accountant (Lagos and Port Harcourt)
- Job Type Contract
- Qualification BA/BSc/HND
- Experience 5 years
- Location Lagos , Rivers
- City Port Harcourt
- Job Field Finance / Accounting / Audit 
Key Responsibilities:
- Develop, monitor, and manage project budgets, ensuring they align with corporate financial goals and accurately forecast costs and revenues.
- Track project expenditures and ensure they remain within the approved budget, investigating any variances.
- Implement cost-control measures to optimize project efficiency and financial performance.
- Prepare and present regular financial reports, including budget performance, cost analysis, cash flow forecasts, and variance reports to stakeholders and senior management.
- Ensure the accurate allocation of project costs across various cost centers and projects using appropriate accounting methods and standards.
- Collaborate with the procurement team to ensure project-related purchases are recorded accurately and invoices are processed in a timely manner.
- Track and report on capital expenditures (CAPEX) associated with projects, ensuring they remain within approved limits.
- Assist project managers in preparing cost estimates for new projects or project extensions, ensuring estimates are realistic and based on sound financial principles.
- Monitor project cash flow to ensure sufficient liquidity to meet obligations and provide timely cash flow forecasts to senior management.
- Conduct financial analysis and perform scenario planning to assess the potential impact of project decisions and recommend solutions to improve project financial performance.
- Ensure proper accounting and financial management of joint venture (JV) projects, including cost recovery and partner reporting.
- Coordinate with internal and external auditors to ensure compliance with internal controls, governance frameworks, and industry regulations.
Required Qualifications:
- Bachelor’s degree in Finance, Accounting, Economics, Statistics, or a related field.
- Minimum of 5 years of experience in project accounting, financial planning, and budgeting, preferably in the upstream oil and gas sector.
- Relevant professional certification (ICAN, ACCA, or equivalent) is an added advantage.
- Strong understanding of financial principles, including budgeting, forecasting, variance analysis, and cost control.
- Familiarity with joint venture accounting, cost recovery, and financial management in oil & gas operations.
- Proficiency in financial modelling and analysis tools.
- Strong analytical skills and ability to conduct detailed financial analysis and identify cost drivers.
- Knowledge of accounting standards such as GAAP, IFRS, etc.
- Strong ethical principles and commitment to maintaining financial transparency and integrity.
go to method of application »
Method of Application
Job Purpose:
Our client, one of Africa’s leading independent E&P players with a diverse portfolio of eight (8) oil and gas assets in prolific basins across Africa is seeking a Well Engineer to play a critical role in driving the success of drilling operations. The successful candidate will be responsible for adequate planning, efficient execution, and optimization of well projects while ensuring compliance with HSE standards and industry best practices.
Key Responsibilities:
Well Planning & Engineering:
- Design and prepare well engineering plans, including casing design, material selection, and well trajectory optimization.
- Define rig selection criteria and requirements.
- Collaborate with subsurface teams to integrate well designs with reservoir objectives.
- Produce well designs, cost/risk analyses, and AFE preparation
Drilling Operations & Execution:
- Manage the Well Delivery Process (WDP) and Project Maturation Process (PMP).
- Ensure compliance with HSE policies, regulations, and environmental standards.
- Provide technical input on well construction, completions, interventions, and abandonment.
- Work closely with drilling teams to enhance operational efficiency and reduce costs.
Technical & Compliance Management:
- Oversee drilling management systems including benchmarking, reporting, and lessons learned.
- Support commercial and procurement teams with technical insights.
- Ensure all operations align with local, national, and international standards
- Liaise with government bodies, partners, and community representatives as required.
Job Qualifications & Experience:
- Must have a BSc degree in Petroleum, Mechanical, or Chemical Engineering.
- Must have a minimum of 7-10 years of well engineering experience.
- Experience in onshore and offshore drilling operations.
- Competency in at least two of the following: Conventional rotary drilling, Horizontal/multilateral wells ,Pad drilling ,Coiled tubing drilling, Underbalanced or managed pressure drilling
- Experience in managing an IOC or NOC drilling team in the Niger Delta.
- Strong background in stuck pipe avoidance, well control, and risk management.
- Well Control Certification is an added advantage.
- Excellent leadership, communication, and problem-solving skills.
go to method of application »
Leave a Comment