West African Exploration and Production (WAEP) · Lagos State, Nigeria, Nigeria
Manage accounts receivable activities, billing, collections, reconciliations and reporting to ensure accurate revenue records, timely recovery of receivables and strong financial controls in support of the Company's upstream operations.
Core Competencies
Accounts receivable management
Billing and collections
Account reconciliation
Revenue accounting awareness
ERP/accounting systems
Financial controls
Audit readiness
Analytical reporting
Key Performance Indicators (KPIs)
Timeliness and quality of assigned deliverables
Accuracy and completeness of records and reporting
Compliance with applicable procedures, controls and regulatory requirements
Effective management of operational/commercial risks
Stakeholder responsiveness and coordination
Contribution to cost, reliability, revenue or performance improvement as applicable
Key Responsibilities
Prepare and process customer, partner and other receivable invoices in accordance with approved agreements and controls.
Maintain accurate accounts receivable ledgers and supporting documentation.
Monitor outstanding balances, ageing and collection status and follow up on overdue receivables.
Reconcile customer/partner accounts, receipts, invoices and general ledger balances.
Investigate and resolve billing discrepancies, unapplied receipts and account variances.
Prepare periodic receivables ageing, collection and management reports.
Support month-end and year-end closing, revenue reconciliation and audit requirements.
Ensure receipts are properly identified, recorded and allocated in the ERP/accounting system.
Maintain complete audit trails and comply with financial policies, delegated authorities and internal controls.
Work with Commercial, Treasury, Tax, Joint Venture and other teams to resolve receivable-related issues
Qualifications & Experience
Bachelor's Degree/HND in Accounting, Finance or related discipline.
Minimum 8-12 years' relevant finance/accounting experience, preferably within oil and gas or a similarly regulated industry.
ACA, ACCA, ICAN or equivalent professional qualification is strongly preferred.
Strong ERP and advanced Microsoft Excel capability is required.