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Joint Venture Accountant Job Vacancy – Oil Company

Summary: Our client is a leading international oil company; it has been in operation for over 25 years and is seeking to recruit a Joint Venture Accountant, Kenya Office.
Key Responsibilities
·         Review and processing of financial transactions and joint venture billing statements for non-operated and operated joint ventures including Variance Reports.
·         Preparation of monthly management information/reports
·         Preparation of monthly cash calls, billing statements and all other financial reports for operated joint ventures.
·         Cash forecasting

·         Assisting business managers in financial control of their assets
·         Budget preparation, issue of AFE’s and cost analysis reports.
·         Preparation and processing of production, sales, depletion and decommissioning journals for all production assets Post and reconcile Intraventure ledger balances.
·         Posting of JV costs from the shared ledger.
·         Prepare Quarterly Ministry of Energy reports and any other JV ad hoc reports.
·         Liaise with auditors for annual external audits.
·         Provide quarterly financial results for consolidation purposes
·         Work closely with financial accounts to ensure IFRS compliance for financial reporting purposes
·         Assist in preparation of half year and year end work papers for WIC, Intangible assets and hydrocarbon reserve information Post and reconcile JV bank accounts.
·         Other ad-hoc projects that may be required from time to time.
Qualification and experience
·         ACCA/CPA Qualification or Minimum requirements of a Financial Accounting degree
·         At least 5 years experience in Oil & Gas sector
·         Good communication and computer skills.
·         Strong work ethic
·         High level of accuracy and attention to detail
·         Ability to function effectively within a team
·         Strong analytical skills
·         Deadline driven
How to apply:
Send your application including a cover letter indicating your desire to work with our client; a detailed CV highlighting relevant experience, details of current and expected salary, a daytime phone contact, email address, and the names of three professional referees by close of business Friday 25th March 2011.
Adept Systems
Management Consultants
P O Box 6416, Nairobi, GPO 00100
Only short listed candidates will be contacted.
Please note that we do not charge fees for receiving or processing job applications.

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