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Rainoil Limited
CLOSEDStation Cashier - Nkpor Town
Anambra, Nigeria
Closing: May 1, 2024
4 days remainingPublished: Apr 16, 2024 (11 days ago)
Job Requirements
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Job Summary
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Qualifications and Experience
- The candidate is expected to possess a minimum of First Degree and recognised professional accounting qualifications with relevant post qualification oil and gas experience; he/she must demonstrate in-depth knowledge and experience of raising.
Responsibilities
Qualifications and Experience
- The candidate is expected to possess a minimum of First Degree and recognised professional accounting qualifications with relevant post qualification oil and gas experience; he/she must demonstrate in-depth knowledge and experience of raising.
- The NOV Finance Controller will be responsible for advising COMPANY`S Management on the finance matters and status of all Non-Operated Assets, and to ensure that all financial decisions of the company are optimal.
- In carrying out the duties, the post holder will ensure that statutory, regulatory, governance, IFRS reporting requirements and best industry practices are compiled with.
Key Accountabilities
- Provide day to day support to the NOV Manager in the management of COMPANY`S NOV Assets
- Good understanding of JOA, relevant Shareholder Agreements, NOV funding arrangements, internal cost allocation model etc.
- Review and advice Management regarding submissions to partners for approval and make recommendations regarding positions to be taken by COMPANY`S on NOV financial matters.
- Responsible for preparing COMPANY`S annual NOV budget in prescribed format with supporting schedules; monitoring performance and investigating and reporting exceptions to Management.
- Engage operating entities for the details of Work Program and budget ahead of the formal engagements as per the governance framework of the Assets. Attend/stay close to the governance sessions to avoid surprises.
- Review COMPANY`S Financial obligations on the company’s NOV activities; engage Management on these obligations and secure necessary approvals to satisfy obligations.
- The role is required to properly understand the funding needs of the NOV assets and engage the Operator ensure the funding solution is suitable for the Assets and reflect COMPANY`S’s preference.
- Carry out analysis of NOV assets financials to ensure they reflect accurate status of the assets financial position and recommend areas requiring focus of Management.
- Other assigned tasks by the GM Finance.
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