Senior Accountant at Matrix Energy Group

Matrix Energy Group is a rapidly growing indigenous and integrated Oil Marketing and Trading Company in Nigeria, which was incorporated November 25, 2004. Over the years, Matrix Energy has grown from a modest supply and distributions operation to a fully integrated petroleum products marketing and trading company with clients and suppliers all over the world.

We are recruiting to fill the position below:

Job Title: Senior Accountant

Job Opening ID:  MEL1166
Location: Lagos
Job type: Full-time

Job Purpose

• The Senior Accountant is responsible for ensuring sound financial governance, accurate financial reporting, and strict compliance with applicable laws, policies, and standards.
• The role supports effective financial oversight, risk management, and transparent accounting practices across assigned operations, while providing independent and objective financial insights to support management decision-making.

Responsibilities and Accountabilities
Shareholder Representation & Governance:

• Ensure compliance with approved financial policies, operating agreements, budgets, and work programmes.
• Identify, document, and escalate financial, governance, or compliance risks that may impact the company’s financial position or nterests.
• Support management during audits, financial reviews, and stakeholder engagements.

Financial Management & Reporting:

• Review and validate monthly management accounts and annual financial statements.
• Monitor cash flows, funding requirements, and financial obligations.
• Analyse variances against approved budgets and investigate material deviations.
• Prepare and submit timely financial performance reports to management.

Accounting and Cost Management Oversight:

• Ensure NRS-compliant upstream oil & gas accounting practices.
• Monitor CAPEX and OPEX to ensure alignment with approved budgets and operational plans.
• Review cost allocation, cost recovery, and partner charge mechanisms.
• Oversee asset capitalization, depletion, depreciation, and impairment processes.

Taxation & Regulatory Compliance:

• Ensure compliance with Nigerian upstream tax laws, including Petroleum Profits Tax / Hydrocarbon Tax.
• Review withholding tax, VAT, and statutory filings.
• Support responses to tax audits and regulatory reviews involving NRS, NUPRC, and other authorities.

Internal Controls & Risk Management:

• Enforce strong internal controls and financial discipline.
• Identify financial, operational, and compliance risks and recommend mitigation measures.
• Maintain proper documentation to support financial positions and escalations. 

Stakeholder Management:

• Engage professionally with internal and external stakeholders to provide financial insights and guidance.
• Offer objective and independent financial advice while maintaining constructive working relationships.
• Support management with clear, evidence-based financial recommendations.

Requirements
Educational Qualification and Skills:

• Bachelor’s Degree in Accounting, Finance, or a related discipline with 8–10 years’ experience in the upstream oil and gas industry and joint ventures.
• ICAN, ACCA, or equivalent professional qualification is mandatory.
• Exposure to upstream oil & gas operations and joint ventures will be a strong advantage.
• High integrity, independence, and ethical standards.
• Strong assertiveness and professional courage.
• Excellent analytical, documentation, and communication skills.
• Ability to manage pressure and conflict professionally.

Application Closing Date
Not Specified.