Senior Accountant needed at WTS Energy

4 weeks ago

Job title : Senior Accountant

Job Location : Lagos

Deadline : March 03, 2024

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Job Duties/ Responsibilities/Accountabilities:

  • Assists with day-to-day running of the finance department.
  • Preparation of Intercompany schedules for monthly & annual reporting.
  • Preparation of customer invoices TMSA, APL and reconciliation of its related ledgers.
  • Preparation of Intercompany & OPC invoices and reconciliation of its related ledgers.
  • Ensure filing of statutory returns e.g VAT, WHT, CIT are accurate and submitted on time.
  • Preparation of schedules for JV management reports Bank reconciliations, Fixed Assets Schedules, Accruals, Prepayments etc.
  • Maintenance of GL accounts on Navision, monthly reconciliation of all balance sheet GL accounts.
  • Ensure company assets are accurately accounted for and well monitored.
  • Ensure tax compliance in transactions processing on daily transactions.
  • Follow established policies and procedures to make judgements/ decisions.
  • Act as back up to Accounts payable officer when absent or unavailable.
  • Any other duty as requested by management.

Periodic Duties:

  • Ensures accurate & timely preparation of monthly management TBs/ reports for the group..
  • Timely Filing of and remittance of VAT & WHT returns for the Group & Shelf companies.
  • Assists with year-end audits, production of financial statement for Group & Shelf Companies.
  • Assists with tax queries and audits, production of financial statement for Group & Shelf Companies.


  • Continuously and actively engage in learning and development activities to improve competence in functional areas.
  • Staying abreast of Finance trends and best practices

Key Performance Indicators/ Performance Goals:

  • Availability of updated & documented self-explanatory Chart of Accounts
  • Generate accounting information & reports within reporting timelines
  • % Error rate in daily postings & monthly general ledger close.
  • % reduction in wastage and cost
  • Completeness of fixed assets inventory/register
  • No. of detected breaches in internal controls
  • Internal customer satisfaction
  • % reduction in internal control weaknesses noted by External Auditors & other Consultants
  • Compliance to the company’s financial policies and procedures.
  • Timeliness and accuracy of management information and reports.

QHSE Responsibilities

  • Perform their work in a safe manner.
  • Ensure by their actions, they do not put at risk, the health and safety of other employees, contractors, sub-contractors, visitors, clients or temporary staff.
  • Cooperate with management in the implementation of HSE initiatives.
  • Participate fully in HSE programs.
  • Report workplace hazards immediately to their managers/HOD’s. Each staff is expected to raise at least 12 hazard observations in a year.


  • EDUCATION: Possess a Bachelor of Science in Accounting or Finance or related field from an accredited university. .
  • Professional Qualification: Recognized professional accreditation (ICAN /CFA/ACA /CIMA/ ACCA etc.) is compulsory
  • Experience: 3-5 years relevant experience in similar role

Functional/ Technical:

  • Proficient in the use of Microsoft office suite
  • Use of financial and accounting software applications
  • Proficiency of Corporate Accounting Practice / Standard Auditing Practices along with the expertise in budget analysis and identification of variance
  • Knowledge of cost accounting, management and accounting standards
  • Knowledge of statutory provision with respect to the tax management & planning
  • Conversant with federal and state financial regulation, applicable laws, codes and regulations.
  • Good understanding of oil and gas industry

How to Apply for this Offer

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