Nigeria LNG Cost Analyst – Production (Port Harcourt) Jobs in Nigeria

Nigeria LNG Cost Analyst – Production (Port Harcourt) Jobs in Nigeria

Reference Code: FNC/2022/1/E

End Date: 05.01.2023

Company

Nigeria LNG Limited, a world-class company helping to build a better Nigeria, seeks to engage suitable candidates for immediate employment.

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.

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.

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.

How to Apply

For more information and job application details, see: Nigeria LNG Cost Analyst – Production (Port Harcourt) Jobs in Nigeria

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