Senior Accounts Officer

Fosad Consulting

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Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting. We leverage our expertise and strategic alliances to support businesses. Our proposition is based on a deep understanding of the drivers of high performing businesses and the required business solutions that supports it. We work with clients to support their non-core business tasks to strategically position them for business success.



Company Description

Our client is a major player in the upstream, and downstream segments of the petroleum sector. With a quality portfolio of oil and gas assets in Nigeria, our capabilities extend through upstream (exploration & production and drilling), downstream, trading of oil product, sub-surface engineering and data appraisal for geophysics and petroleum projects.



Job Description:

  • Responsible for processing, recording, updating and reconciling fiscal information in compliance with established policies; providing instructions, recommendations and/or accounting support to other personnel; and analyzing expenditures against budget.
  • Distribute all approved LPOs and Work orders to the various Vendors.
  • Receive all invoices for jobs completed by Vendors.
  • Ensure approval and sign off by the respective Supervisors.
  • Distribute all cheques received from the CEO to the various respective vendors.
  • Keep a record of all cheque received and disbursed to vendors.
  • Maintain a cash book and render weekly returns to the CFO.
  • Summarize all cash requests as approved by the MD, CFO and the CEO
  • Collate all retirements from staff and officers for all cash advances and reconcile
  • Ensure all monies are correctly banked and posted onto the Sage system.
  • Establish and maintain cash control systems
  • Monitor and pay staff expenses
  • Attend regular operational meetings and supply information on vendors balances, payments made on jobs and outstanding upon demand.
  • Keep adequate records of creditors at all times for management information.
  • Perform fund transfer via banks, daily payment schedule and posting of new receipts.
  • Monitor overdrawn balances or large and bring unusual transactions to CFO’s attention.
  • Raise direct debits and gift aid payments, as required by the management.
  • Contribute to the planning for the year-end accounts process and annual audits.
  • Contribute to the yearend file, including all working papers and back up documentation for the accounts.
  • Control the profit and loss account ensuring creditors and debtors are correctly attended to.
  • Establish and maintain supplier accounts and pay suppliers whilst prioritising payments in consultation with the Accountant and CFO if cash flow is limited.
  • Post sales and purchase invoices to ledgers.
  • Post journal entries to SAGE



  • Heavy SEC reporting in background with strong technical accounting experience
  • Strong upstream, Exploration and Production accounting knowledge
  • Public accounting experience highly preferred
  • Experience working in fast paced, dynamic environments that have required adaptability and flexibility to be successful
  • Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to board, investor groups or other outside partners
  • Ability to act and operate independently with minimal daily direction from supervisor to accomplish objectives
  • Degree in Accounting, Finance or a related course
  • IFRS Certification required
  • ICAN/ACCA Membership required
  • 6+ years of progressively increasing responsibilities

This job originally appeared elsewhere.



Fosad Consulting

Job Level

Experienced (Non-Manager)




Accounting / Audit / Tax

Job Type


Minimum Qualification


Preferred Years of Experience

7 - 10 years