Assistant Accountant - Oil And Gas

Job Role

• The Assistant Accountant supports the finance team in managing day-to-day accounting operations within the oil and gas sector. The role involves preparing financial records, reconciling accounts, assisting in audits, and ensuring compliance with industry-specific financial regulations. The ideal candidate is detail-oriented, analytical, and capable of working under strict timelines in a dynamic energy environment.

PURPOSE OF THE ROLE

• Support accurate financial reporting and compliance.
• Assist in maintaining proper accounting records and reconciliations.
• Strengthen internal controls and audit readiness.
• Provide timely support in budgeting and cost tracking.
• Enhance efficiency in finance operations within oil and gas projects.

DUTIES AND RESPONSIBILITIES

Financial Record Management

• Prepare journal entries and maintain general ledger accounts.
• Assist in monthly, quarterly, and annual financial closings.
• Reconcile bank statements and supplier accounts.

Reporting & Compliance

• Support preparation of financial statements and management reports.
• Ensure compliance with IFRS and oil & gas industry regulations.
• Assist in statutory filings and tax compliance.

Audit & Internal Controls

• Provide documentation and support during internal and external audits.
• Monitor adherence to financial policies and procedures.

Budgeting & Cost Tracking

• Assist in preparation of budgets and forecasts.
• Track project costs and operational expenses.

Cross-Functional Support

• Work closely with procurement, operations, and project teams.
• Support financial analysis for oil and gas projects.

QUALIFICATIONS

• Bachelor’s degree in Accounting, Finance, or related field.
• CPA/ACCA qualification (at least Part II).
• 2–4 years’ experience in accounting, preferably in oil and gas or energy sector.
• Knowledge of IFRS and industry-specific financial practices.
• Added advantage: ERP systems (SAP, Oracle), taxation in oil and gas.

COMPETENCIES

• Financial reporting and reconciliation
• Budgeting and cost tracking
• Audit preparation and compliance
• ERP/accounting systems utilization
• Strong organizational ability
• Analytical and detail-oriented
• Integrity and accountability
• Ability to work under pressure
• Effective communication skills

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