Joint Venture Accountant

at TotalEnergies
Location Kampala, Uganda
Date Posted September 27, 2022
Category Accounting
Audit
Finance
Management
Oil & Gas
Job Type Full-time
Currency UGX

Description

Finance
KAMPALA-COURSE VIEW TWRS(UGA)
Uganda

Job Description
• Preparation of the monthly Joint Interest Billings (JIBs) and Cash Calls for both EA1 and EA2.
• Timely response to queries from JV partners in respect to EA1 and EA2 Joint interest Billings (JIBs) and Cash Calls.
Ensuring proper filing and archiving of all Joint Venture reports and communications (including but not restricted to Joint Interest Billings and Cash Calls) for ease of retrieval.
• Participation in the preparation of annual Joint Venture budgets (OCM and ACM budgets) and attending associated meetings along with other members of Finance team and JV planning.
• Participation in Joint Venture Technical Planning Meetings (TPM) and Finance Planning Meetings (FPM).
• Participation in JV meetings between Finance and JV Planning to review non-Operated billings and ensure proper estimation of monthly Non-Operated accruals based on value of work done.
Posting of approved monthly Non-Operated Billings in Salsa.
• Review and reconciliation of partner JIB with budgets to identify any potential overruns and unplanned work programmes. Analysis, documentation, and presentation of such potential overruns, incorporating credible comments (variance analysis), to the Budget & Reporting Manager for the identification of potential mitigation plans.
• Participation in Joint Venture meetings with JV partner representatives (currently quarterly) to challenge the OBO costs, especially those outside the budget and work programme.
• Preparation of non-operated budgets in liaison with JV planning.
• Ensure provision of appropriate up to date closing forecast for non-operated, with proper justification and comments to support the estimates.
• Preparation of operating procedures within identified perimeter.
• Ensure compliance with relevant Sarbanes-Oxley Act controls in reporting (JIBs) in conjunction with internal audit.
• Preparation of Cost Recovery Statements and Request for Services (RFS) reports for the Petroleum Authority of Uganda (PAU).
• Provide accurate and timely JV information as required for Management Reporting.
• Ensure that all Finance aspects of the Uganda JV assets are administered in line with the PSC and JOA.

Candidate profile
• Bachelor’s degree in Financial Management, Accounting or related field.
• Professional qualification in ACCA/CPA is an added advantage.
• Minimum six (6) years’ experience in Finance in Oil & Gas Upstream Sector.
• Good knowledge of FI/CO/MM/JVA domains of SAP ERP.
• Excellent knowledge of Microsoft office (Excel, Power Point and Word).
• Excellent communication, interpersonal and analytical skills and ability to work in a team.
• Good knowledge of the Oil & Gas business.

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