Accountant III - Finance at ABNL Limited

ABNL Limited was incorporated in 1992 as an Oil and Gas servicing company with a vision to provide professional engineering and technical services to the Oil and Gas exploration and production companies in Nigeria and the West African sub-region. Since its incorporation, the company has grown in leaps and bounds, expanding its business horizon, but still within the Oil and Gas sector.

ABNL is a 100% owned indigenous firm, with a shareholding in excess of 100 million Naira. Its' directors are individuals of proven integrity, who over the years have acquired the requisite experience in the Oil and Gas business, as well as in the banking and finance sector. The integrity of the directors and the staff of the company have been a priceless contributive factor in the growth and wellbeing of the company.

We are recruiting to fill the position below:

Job Title: Accountant III - Finance

Location: Ikoyi, Lagos 
Employment Type: Contract
Work Schedule: Standard - 5 days on / 2 days off

Main Functions

• Provides key business information and analysis to business to enable expense, headcount and volumetric targets to be achieved and maintained.
• Monitors general ledger entries and processing streams to ensure the reliability of general ledger information
• Prepares and analyzes financial performance reports.
• Collaborates with department leaders in the development of capital, expense and personnel plans for forecasting and budgeting.
• Provides expertise on how to use financial data, the application of accounting guidelines, standards, procedures and policies.
• Ensures accounting practices are applied to analysis in an ethical and effective manner.
• Minimal work direction needed, highly skilled and knowledgeable to the position.
• This position might be described as Accounting Professional or Accountant Expert who, on top of level 1 and 2, can potentially supervise others, is expert in the field and have extensive experience in this area of work.

Responsibilties

• Coding/allocation of cost of drilling, completions, workover and well intervention transactions (in SAP) to AFEs/Cost Centers.
• Periodic study of drilling, completions, workover and well intervention contracts & payment conditions.
• Provide Well audits support
• Monitoring of actual expenditure against POs and Contracts and prompting timely revision of limits as required.
• Liaison with Payables colleagues to ensure Vendor’s billings accurately reflect drilling activities.
• Raising of service requisitions for the creation of purchase orders and subsequent reviews
• Review of vendors invoices to ensure conformance with contracts provisions
• Monthly allocation of overheads costs to active wells
• Invoice verification and processing
• Requisitioning for spot POs and manpower contracts
• CAF Analysis Reporting
• Chemical Back loads Reconciliation
• AFE set up, monitoring, reconciliation and closeout
• Correction of booking errors
• Well Costs reconciliation and attendant cost moves
• Preparation accruals
• Review of Well-to-Well material transfer costs.

Skills and Qualifications

• Interested candidates should possess a Bachelor`s / Master`s Degree with at leats 12 years work experience.
• GAAP, analytical skills, accounting experience, MS Excel, financial systems.

Application Closing Date
23rd June, 2025.

How to Apply
Interested and qualified candidates should send their Resume (MS Word format) to: jobs@abnl.net using the Job Title as the subject of the email.