Senior Accountant (Oil Marketing)

Job description

Description:

Job Purpose

The Senior Accountant will be responsible for overseeing and managing financial transactions, maintaining accurate ledgers, and ensuring compliance with regulatory standards specific to the oil and gas industry. Take charge of budgeting and forecasting to financial reporting and analysis, providing critical insights that help guide strategic decisions.  Lead, coach, and supervise general accounting processing, ensuring timely and accurate accounting information and reporting to the office to the relevant internal and external stakeholders.

Summary of Key Responsibilities;

Ensure cost recoveries are done, recorded, and compiled according to group standards and policies, and provide monthly reports on the status of cost recovery.
Maintaining the fixed asset register. Liaising with management information system on system analysis and ensuring all asset movements are recorded and register updated in a timely manner
Ensure the reliability of accounting and tax information by implementing appropriate procedures, checks, and performance indicators.
Ensure financial compliance with all relevant laws and regulations e.g. Tax laws. Oversee the timely preparation of the company’s tax returns and other statutory deductions.
Hold periodic reviews with the Finance Manager in reviewing the current financial situation and prepare further financial analysis if requested.
Preparation of reports to the local authorities as needed
Support and input to year-end budget planning
Ensure stock control within the company, i.e., stock reconciliations, stock takes, and stock gains/losses monitoring.
Reconciling the daily banking against receipts raised by noon each day,
clearing receipts & payments in the system, reporting on the
bounced cheques to the cashier, and credit control for reversal within the
same working day.
Supervise and coach the accounting team, and establishes and coordinate work plans for the team.
Ensure all balance sheet accounts are clean, accurate, and cleared in a timely manner
Ensure that recommendations on cost reallocation and correction journals on awards are posted timely
Attendance in projects inception or awards start-up meetings or matters concerning general accounting as and when required.
Following up and ensuring payments to
suppliers are done in the Bank and in Oracle on a timely basis within
the next working day from the time we receive the payment from Financial
Controls.
Carry out account Receivables (account analysis,
credit/debit notes, communication, and staff accounts) and ensure no
long-outstanding balances.
Develop and check that the
Company’s accounting procedures and principles are regular updated in
line with changes in company policies and IFRS and that these are
correctly applied
Attendance in project review meetings to highlight accounting-related matters as and when required
Develop and streamline effective and efficient internal working procedures with the General accounting unit.
Enter adjustments, review all reconciliations and account analysis including bank reconciliations.
Implement audit recommendations in relation to general accounting issues in a timely manner.

Required Skills and Attributes

Good written and verbal communications skills
Strong business acumen and proven drive for results
Ability to analyze and interpret complex financial data.
Excellent attention to detail and accuracy
Strong leadership and interpersonal skills
Good negotiation skills
Excellent analytical problem-solving skills
Excellent interpersonal skills
Strong team player with the ability to work in virtual teams.
Primary Areas of Accountability:

Qualifications and Experience

Full Professional Accounting Qualification (CA Zambia, ACCA, or CIMA)

A degree in Accounting or Finance will be a plus
Minimum of 6 years of accounting experience, with at least 3 years in the oil and gas industry.
Strong understanding of oil and gas accounting principles and practices.
Proven expertise in tax regulations, cost monitoring, and revenue tracking
Proficiency in accounting software, such as QuickBooks, SAP, or other industry-specific software
Advanced proficiency in Microsoft Excel and other Microsoft Office applications
Knowledge of regulatory reporting requirements
Excellent financial reporting and analysis skills with a strong grasp of technical accounting standards (IFRS)
Must be a member of ZICA

                                        QUALIFIED & EXPERIENCED FEMALES ARE ENCOURAGED TO APPLY FOR THIS POSITION

If you meet the hiring requirements for the position, please email your CV in MS Word and Cover Letter clearly stating your salary expectations to: jobs@bemconsult.com & Cc bemconsult8@gmail.com   

Note that, all communications will be kept in the strictest of confidence. If you do not receive communication within 21 working days of the closing date of the advert, please consider your application unsuccessful. 

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