Our client in the Oil & gas industry is looking to hire competent, self-driven candidates for the role of Junior Cost Controller reporting to Cost control coordinator.

Main Responsibilities

The job holder will be responsible for the following tasks;

  • To be actively involved in running costs, preparing Environment and HSS budgets in conjunction with Budget holders of the Company as the Operator of EA-1 and EA-1A.
  • To carry out the process of releasing Purchase Requisitions / Purchase Orders after ensuring budget availability control and cost checks on amounts, cost allocations, cost objects and others.
  • To be accountable for controlling the relevancy of the cost allocation in the invoices through IMP. To request for Services (RFS) from H/Q and follow up on the areas of responsibility.
  • To prepare SALSA accruals, manual accruals, Cost objects reviews and others as part of the monthly accounting closure activities.
  • To observe deadlines for staff writing and ensuring consistency with budget/forecast;
  • To compile the data to update the Statistical Key figures for each monthly closing.
  • To ensure budget / performance monitoring and reporting.
  • To prepare monthly running costs, Environment and HSS Cost Control reports for budget holding entities with credible comments (variance analysis).
  • To organize regular cost review meetings with Budget Holders to identify opportunities to improve budgetary control.
  • To organize discussions with Managers on Cost structure to reach best compromise between cost monitoring and accounting needs and system constraints.
  • To review monthly activity reports to allow effective cost allocations.
  • To support departments on all financial and cost control issues.
  • To attend to queries from internal/external auditors, JV Partners, vendors such as the provision of justifications for expenditure during the various audits carried out by JV partners and/or Ugandan authorities.

Qualifications & Experience

  • Bachelor’s degree in Finance/Accounting.
  • Professional qualification is an added advantage
  • Minimum 3 years’ experience in accounting department in the Oil & Gas upstream sector.

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