Cost Analyst - Production at Nigeria LNG Limited (NLNG)

Nigeria LNG Limited is a globally competitive LNG company helping to build a better Nigeria, incorporated as a private limited liability company on May 17, 1989 to harness Nigeria's vast natural gas resources and produce Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) for the domestic and export markets. We provide exciting career opportunities and an innovative work environment.

We are recruiting to fill the position below:

Job Title: Cost Analyst - Production

Reference Code: FNC/2022/1/E
Location: Port Harcourt, Rivers 

Tasks

• Support Line Managers and Budget focal persons to prepare annual budgets and provide periodic budget performance/cost targets reporting to management.
• Provide front-end financial advisory support to Line Managers in all departments in Production Division and Shipping Governance towards the preparation of departmental budgets monitor existing commitments review/booking of accrual proposals and ensure adherence to budgetary control limits in the creation of new commitments to adequately report on budget performance periodically to stakeholders.

Main Accountabilities

• Annual Budgets: Collaborate with departmental budget focal persons/budget holders to develop annual budgets/forecasts for each department that quantifies input resources required to efficiently achieve the business plan for review company stakeholders. Ensure that such budget proposals comply with approved budget guidelines and tranche categorisation and is submitted within the set process timelines. Ensure the delegated budget is accurately loaded in SAP.
• Budget Performance Reporting: Responsibility for preparing periodic budget performance reports to enable Line Managers and other stakeholders track progress against the approved or delegated budgets. Ensure Line Managers are adequately briefed on performance and coordinate to ensure presence of Line Managers in Executive Management challenge sessions.
• Budgetary Control: Responsible for ensuring all proposed expenditure from SAP commitments are vetted against the appropriate approved or delegated budget elements and drive compliance to Executive Management delegated budget by rejecting commitment proposals that exceed the balance of the delegated appropriation.
• Contracting/Procurement: Represent Finance Division in Tender Evaluation Teams (TET) to ensure financial scrutiny of bids in line with established Company processes and procedures. Fully participate in vendor evaluation and contract clarification meetings with CPM.
• Matching principle/costs capture: work in liaison with Budget Holders to validate Value of Work Done (VOWD) manual accrual proposals, defend manual accrual proposals to the Accrual Review Board (ARB) and ensure system booking of approved/validated accrual proposal to ensure integrity of the accounting matching concept.
• Adhoc Report: provide Line Managers with adhoc reports as requested to support decision making. Reconciliation: ensure reconciliation of advance payments for specific vendor accounts or other assigned accounts to ascertain refunds and close-out any outstanding.

Requirements

• Bachelor's Degree in Accounting, Economics, or the Social Sciences at Second Class Lower Division (2.2) and above. Professional Accounting (ACA/ACMA/ACCA) qualification is an added advantage.
• Minimum of 3 years post-graduation work experience, out of which 2 years should have been spent in finance function in a reputable organisation.

Application Closing Date
5th January, 2023.

Method of Application
Interested and qualified candidates should:
Click Here to Apply Online

Job / Application Requirements

• Applicants should attach only the underlisted mandatory documents to their applications. Please do not attach any other documents except those listed below. All attachments must be in PDF format:
  • NYSC Completion Certificate or Exemption Dertificate
  • University Degree Certificate / Tertiary Institution certificate specified for the role you are applying for
  • Professional certificate(s) stated in the Job Description of the role you are applying for
  • Government-issued Birth Certificate
  • Copy of Secondary education certificate
  • Copy of Primary education certificate or testimonial
  • Curriculum Vitae (not more than 2 pages)
• Applications must be completed online and should not be duplicated. Anyone who submits more than one application will be disqualified. Please review and ensure accuracy and completeness of all information provided on your application form before you submit. Any false information provided during or after the application process will lead to outright disqualification.
• For the best user experience, please make use of laptops and desktops, not Mobile Phones.
  • The supported Internet browsers are:
    • Microsoft Internet Explorer - 11.0 & later
    • Mozilla Firefox - 63.0 & later    
    • Apple Safari - 6.2 & later
    • Google Chrome - 68.0 & later.

Application Instructions

• Click the link above to apply directly for this specific role or Click Here to follow the general application process  
• Click on "Register with Us" to register
• If you have already registered, click on "Job Search".
• Click on “Start" and the position advertised will be displayed.
• Scroll down and select the position by clicking on the grey box in front of position
• Click on “Apply"
• Attach /upload copies of only the specified documents - on the Job Portal. Send your application once you have completed all the segments of the application portal

Important Notice

• NLNG does NOT demand Payment from applicants: Application is FREE OF CHARGE.
• NLNG does NOT assign agents to assist applicants in processing applications.
• Only successful candidates at each stage of the exercise will be contacted.
• Only applications completed via the NLNG JOB PORTAL are valid. To avoid exposure to dubious/fraudulent websites/links, kindly apply ONLY via www.nigerialng.com
• We are an equal opportunity employer and, all employment decisions are based on business needs, job requirements and individual qualifications after competitive assessment.  
• Eligible Females and People with Disabilities are encouraged to apply.
• Candidates who require reasonable adjustment during this recruitment by reason of disability, should kindly let us know for our evaluation. After applying on the NLNG portal, please send an email titled “Reasonable Adjustment" to [email protected] . A 'reasonable adjustment' is a change that must be made to remove or reduce a disadvantage related to:
  • A job applicant's disability when applying for a job
  • An employee's disability when doing their job.