Assistant Accountant - Oil And Gas

Job Role

The Assistant Accountant supports the finance team in managing day-to-day accounting operations within the oil and gas sector. The role involves preparing financial records, reconciling accounts, assisting in audits, and ensuring compliance with industry-specific financial regulations. The ideal candidate is detail-oriented, analytical, and capable of working under strict timelines in a dynamic energy environment.

PURPOSE OF THE ROLE

Support accurate financial reporting and compliance.

Assist in maintaining proper accounting records and reconciliations.

Strengthen internal controls and audit readiness.

Provide timely support in budgeting and cost tracking.

Enhance efficiency in finance operations within oil and gas projects.

DUTIES AND RESPONSIBILITIES

Financial Record Management

Prepare journal entries and maintain general ledger accounts.

Assist in monthly, quarterly, and annual financial closings.

Reconcile bank statements and supplier accounts.

Reporting & Compliance

Support preparation of financial statements and management reports.

Ensure compliance with IFRS and oil & gas industry regulations.

Assist in statutory filings and tax compliance.

Audit & Internal Controls

Provide documentation and support during internal and external audits.

Monitor adherence to financial policies and procedures.

Budgeting & Cost Tracking

Assist in preparation of budgets and forecasts.

Track project costs and operational expenses.

Cross-Functional Support

Work closely with procurement, operations, and project teams.

Support financial analysis for oil and gas projects.

QUALIFICATIONS

Bachelor’s degree in Accounting, Finance, or related field.

CPA/ACCA qualification (at least Part II).

2–4 years’ experience in accounting, preferably in oil and gas or energy sector.

Knowledge of IFRS and industry-specific financial practices.

Added advantage: ERP systems (SAP, Oracle), taxation in oil and gas.

COMPETENCIES

Financial reporting and reconciliation

Budgeting and cost tracking

Audit preparation and compliance

ERP/accounting systems utilization

Strong organizational ability

Analytical and detail-oriented

Integrity and accountability

Ability to work under pressure

Effective communication skills