Sep 28, 2012

ACCOUNTANTS at Addax Petroleum


Addax Petroleum is a subsidiary of the Sinopec Group, one of the largest oil and gas producers in China, the biggest oil refiner in Asia and the third largest worldwide.

Addax Petroleum was founded in 1994 upon leading petroleum industry expertise and a deep-rooted understanding and respect for African cultures. Over the years, Addax Petroleum has evolved from a young pioneer into an established international oil and gas, exploration and production company focused on Africa and the Middle East.


Addax Petroleum’s assets are located in Nigeria, the Joint Development Zone of São Tomé & Príncipe, Gabon, Cameroon and the Kurdistan Region of Iraq, comprising an excellent combination of oil and gas reserves and exploration opportunities. The Company’s approximate average oil production for 2011 was 140,000 bbl/d.

Addax Petroleum has over 1100 employees worldwide with service offices in Geneva (Switzerland) and Houston (USA), and operating offices in Lagos (Nigeria), Port-Gentil (Gabon) and Douala (Cameroon).

Job Details
ACCOUNTANTS (001424)

Job Number:      001424
Job Title:              ACCOUNTANTS
Number of Openings:    1

Job Type (Employment Type):   Permanent
Country:              Nigeria
Job Schedule:    Full Time
Job Category:    Finance
Career Level:     Senior (non-manager)
Level of Education:          Bachelor's Degree
Years of Experience:       8

Position Description
Prepare and monitor cost control mechanisms to ensure the departments costs are controlled within internal/NNPC budgets and contracts
Provide support to individual managers in in establishing and maintaining up to date AFE and related documents.

Coordinate all CAPEX and OPEX budget submissions for the department
Prepare and monitor accruals and ensure that they are correctly controlled against budget and AFE.
Process contractor/vendor invoices and ensuring that these are properly cost coded by checking that they are in line with approved budget/AFE.

Provide assistance to the departments in NNPC reporting and subsequent clearance of issues emanating there from.
Review and audit contractor's cost management procedures a s may be required
Report exceptions on contract limits and contract expiry periods with a view of informing contract assistant to initiate contract proposal for extension/variation
Position Requirements

A Bachelor’sdegree (minimum of second class, lower division) in accounting or finance and minimum of 8 years relevant experience in oil and gas industry. Membership of a professional body such as ACA/ACCA is desirable.  

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