Hydrocarbon Accountant

Job Title: Hydrocarbon Accountant

Location: Lekki, Lagos

Reports to: Commercial Lead

Job Summary

Our client, a leading oil gas and energy company in Africa is hiring a Hydrocarbon Accountant. The Hydrocarbon Accountant is responsible for the management and analysis of oil production information for the asset, to ensure allocation methodologies are representative and meet the minimum requirements of Asset Management, contract and regulatory requirements. It is a critical business function to drive value protection and enhancement for areas related to measurement, hydrocarbon allocation, gas invoicing and liquid sales.

Responsiblities:

• Responsible for carrying out the hydrocarbon accounting of the assets’ product in compliance with global Hydrocarbon Information production Management best practices.
• Complete allocation for the asset with high accuracy and transmit/publish to Finance, partners and internal clients within established due dates.
• Responsible for End Month Reconciliation/Allocation; and timely publishing of reports.
• Review Monthly Oil & Gas Allocation Figures: investigating anomalies and raising metering failures when applicable.
• Manage the hydrocarbon accounting procedures and ensure its operationalization across the asset teams.
• Provide support to the Project team, reviewing Hydrocarbon Allocation philosophy proposal to ensure its compliance with legislation and functionality.
• Provide support to interface between the project and regulators for metering and allocation proposals/approvals.
• Interface with internal clients seeking process standardization and simplifications.
• Maintain an understanding of what is occurring on the Asset that may have an impact on surveillance or allocation activities.
• Perform daily surveillance on allocation and measurement data by monitoring Terminal Factors and measurement trends.

Requirements:

• Have a strong working knowledge of Allocation theory and principles in accordance with applicable production handling and allocation agreements as well as regulatory requirements.
• Deep knowledge on how the Hydrocarbon Accounting System (Axis) works and deep understanding of all aspects of the allocation structure.
• Have good working knowledge of basic product flow through all facilities, including how measurement is accomplished on the asset.
• Strong IT skills since it demands full knowledge on HCA systems and other reporting tools.
• Insight on a wide range of issues related to Production Operations in order to assess issues with production allocation, while being responsible for reporting volumes and production overview.
• Pragmatic and analytical capabilities while dealing with vast amounts of data.
• Ability to perform in a multidisciplinary team and attention to detail is required.
• Knowledge of regulatory requirements, industry standards, and best practices pertaining to upstream oil & gas operations.
• Strong stakeholder management and communication skills to maximize value from operator-supplied production infromation from the asset.
• Bachelor's degree in Engineering Discipline or any related field. Master's degree preferred.
• Minimum of 3 years of experience in the upstream oil & gas industry.

Salary: N10m- N15m