Job Purpose

This includes supporting the accounting department with financial and administrative tasks to ensure the smooth operation of financial activities within the terminal. This role typically involves handling accounts payable and receivable, reconciling financial statements, preparing financial reports, and assisting with budget preparations and audits.

Job Specifications

• Improvement of controls by evaluating, redesigning, developing, documenting and implementing of Product Accounting procedures, processes and instruction manual in compliance with the company policy, changing tax regimes and regulations in the Oil Industry.
• Accomplishing finance and the company’s mission by completing related results as needed.
• Process/Verify loading orders ensuring legitimate orders are loaded
• Update all stock movements in the system accurately
• Co-ordinate the accounting of all receipts, transfers and deliveries in and out of all MIUL.
• Co-ordinate billing of MUIL deliveries, side contracts services and any other service offered by MUIL.
• Compiling monthly performance reports for MUIL system including monthly product throughput/ revenue trends, causes and implications.
• Facilitate preparation of accurate and timely monthly and periodic reports on MUIL product movements and revenue in line with IAS and oil industry requirements suitable for management decision making.
• Ensure accurate processing of Adjusted Stock Entitlement (ASE)
• Ensure marine receipts booked in the system.
• Co-ordinate and ensure proper management of the Collateral Financing arrangement.
• Liaise and development of profitable business relations with MUIL’s customers (Shippers and other stakeholders) for smooth day to day product accounting functions.
• Liaise with other sections to facilitate team building and synergize the operations and or company’s performance.
• Supervise, develop and motivate staff to enhance productivity.
• Perform any other duties as may be assigned from time to time

Person Specifications

• Bachelor’s degree in Finance or Commerce (Accounting option) or its recognized equivalent qualifications
• CPA (U) or its recognized equivalent qualifications
• A minimum of two (2) years relevant work experience
• Proficiency in computer applications.
• Demonstrated competence in work performance

Key Skills and Competencies

• Knowledge of financial management, credit evaluation techniques, loss control methods, due diligence processes and taxation law.
• Excellent leadership, communication and interpersonal skills.
• Ability to develop and prepare relevant reports for management
• Ability to resolve problems in a timely manner, gather and analyze information skillfully
• Ability to maintain professional status, high integrity and keep abreast of evolving trends in accounting and finance through continuing professional development
• Proficiency in financial and statistical packages
• Ability to deliver MIUL Company’s articulated vision for
• Change, create a sense of urgency around change and motivates staff to join change efforts and negotiations skills.