Senior Petroleum Accountant
ipNX Nigeria LimitedWe are a leading Oil Exploration and Production Company with active operatorship of prolific blocks and Oil and Gas Assets in the Niger Delta.
As a result of our new expansion and development programmes, we are seeking to engage experienced, passionate and resourceful senior manpower in the position below:
Job Title: Senior Petroleum Accountant
Ref ID: (SPA)
Location: Niger Delta, Nigeria
Key Responsibilities
- Supervise monthly reconciliation of crude oil and gas production, liftings, and sales volumes across swamp and offshore fields.
- Validate production allocation between JV partners, royalty, and cost oil/gas entitlements.
- Liaise with operations, marketing, and terminal operators to confirm lifting schedules and realized revenues.
- Monitor cost recovery and prepare JV billing statements in accordance with joint operating agreements.
- Review cost allocations, accruals, and overhead distributions to ensure transparency and fairness among partners.
- Support audit processes (JV, internal, external, and regulatory) with accurate, reconciled documentation.
- Analyze operating expenditures, CAPEX, and project costs to improve financial efficiency.
- Lead monthly and quarterly financial close for petroleum operations.
- Prepare detailed management reports on production, cost, and profitability trends.
- Oversee royalty, tax, and regulatory payments to government agencies and verify compliance.
- Support budget preparation and forecast updates for production and revenue streams.
- Coordinate with petroleum engineers and production teams to reconcile production data with accounting records.
- Provide financial input to asset development and investment planning.
Education & Experience - B.Sc. in Accounting, Finance, Economics, or related discipline.
- Professional qualification: ICAN / ACCA (mandatory).
- Minimum of 10 years accounting experience, with at least 5 years in oil & gas upstream (production accounting, JV, and revenue management).
- Proven record of handling multi-asset or JV accounting environments in Nigeria’s petroleum sector.
- ERP experience (SAP, Oracle, or SunSystems) preferred.
Key Skills & Competencies: - Strong knowledge of oil and gas accounting principles, JV accounting, and production cost allocation.
- Solid understanding of lifting and terminal operations, royalty, and tax computations.
- Advanced Excel and ERP proficiency with attention to data integrity.
- Analytical, detail-oriented, and capable of explaining complex financial data to non-finance colleagues.
- Excellent stakeholder management – operations, partners, and regulators.
- High ethical standards, confidentiality, and accountability.
Remuneration - Attractive and above industry average.
Application Closing Date
24th November, 2026.
Method of Application - Interested and qualified candidates should send their CV and Application Letter to: oilexploration.pros@gmail.com using the Job Title as the subject of the email.
Note: Only shortlisted candidates will be contacted.
To apply for this job email your details to oilexploration.pros@gmail.com