Job Description
Tullow Oil is a well-established and renowned independent oil and gas company with a strong focus on Africa. The company holds interests in more than 30 exploration and production licenses across eight countries in Africa and South America. Our mission is to contribute to a better future through responsible oil and gas development.
Job Summary:
- Company: Tullow Oil
- Location: Ghana
- State: Jobs in Accra
- Job type: Full-Time
- Job category: Accounting Jobs in Ghana
Tullow Oil is currently seeking to hire a Financial Planning Accountant for a permanent position based in Accra, Ghana. The chosen individual will be responsible for coordinating the annual budget and forecasting processes, managing monthly management and joint venture (JV) reporting, handling external reporting as needed, and overseeing shared services cost allocations.
Key Responsibilities of the Successful Candidate:
- Coordinate the annual budget and forecasting processes, collaborating with Cost Engineers and budget holders to ensure a clear understanding and application of budget guidelines.
- Input Capex/Opex budgets and forecasts for all assets into Cognos/SAC, review and reconcile these inputs, and confirm their closure in Cognos/SAC.
- Use the Lifting Schedule to calculate revenue forecasts and input them into Cognos/SAC.
- Ensure completion and review of the BU License Model, Cash Flow, P&L, and G&A models.
- Manage the monthly cost allocation process for shared services cost centers (TGL FPA only), including SKF calculation, updates, and allocation cycles.
- Prepare monthly internal management reports for the asset/corporate and submit them for inclusion in the consolidated monthly reporting pack.
- Issue, follow up, and update the monthly management reporting timetable checklist.
- Compile some financial performance KPI comments and calculate certain KPIs (e.g., Opex/bbl, PCO).
- Prepare monthly JV cost trackers for the asset/corporate and submit them for inclusion in the consolidated monthly Fincom pack or share with JVPs.
- Prepare the monthly external/Sectional reporting required by the asset PAs (Sections 6,7, and 8,9,10 of DWT and WCTP PAs).
- Prepare TGLs AOE data.
- Support any ongoing divestment/acquisition procedures related to the asset (TEN/Jubilee).
- Actively engage in group-wide Corporate Projects and perform ad hoc duties as required.
- Liaise with external auditors as needed to explain Opex/Capex numbers.
- Actively participate in all risk and assurance activities within finance and the BU.
Related Article: UAE Top Recruitment Agencies For Jobs in 2023 (Apply Now)
Required Skills:
- Minimum of 3-plus years of professional experience in a similar role.
- Strong background in management accounting, budgeting, or forecasting.
- Proficiency in financial modeling and advanced Excel.
- Working knowledge of SAP, SAC, and Cognos.
- Experience in JV accounting.
- Strong analytical skills.
- Knowledge of the oil and gas industry.
- Proficiency in Microsoft Office Suite.
Education and Experience:
- Minimum of a Bachelor’s degree in accounting/finance.
- A student or affiliate membership with one of the professional accounting bodies (e.g., CA, CIMA, ACCA, etc.).
At Tullow, we treat all individuals fairly and respectfully, providing equal access to opportunities and resources, and ensuring everyone can contribute to Tullow’s overall success. To achieve this, we offer our employees:
- A performance-driven culture that delivers results.
- A commitment to your personal and professional development.
- An opportunity to make a meaningful impact on our business, working with or leading teams of talented and dedicated individuals.
- A culture that values inclusion and diversity, providing equal opportunities.
- Recognition and rewards for outstanding performance.Job Description Tullow Oil is a well-established and renowned independent oil and gas company with a strong focus on Africa. The company holds interests in more than 30 exploration and production licenses across eight countries in Africa and South America. Our mission is to contribute to a better future through responsible oil and gas development.Tullow Oil is currently seeking to hire a Financial Planning Accountant for a permanent position based in Accra, Ghana. The chosen individual will be responsible for coordinating the annual budget and forecasting processes, managing monthly management and joint venture (JV) reporting, handling external reporting as needed, and overseeing shared services cost allocations.
Key Responsibilities of the Successful Candidate:
- Coordinate the annual budget and forecasting processes, collaborating with Cost Engineers and budget holders to ensure clear understanding and application of budget guidelines.
- Input Capex/Opex budgets and forecasts for all assets into Cognos/SAC, review and reconcile these inputs, and confirm their closure in Cognos/SAC.
- Use the Lifting Schedule to calculate revenue forecasts and input them into Cognos/SAC.
- Ensure completion and review of the BU License Model, Cash Flow, P&L, and G&A models.
- Manage the monthly cost allocation process for shared services cost centers (TGL FPA only), including SKF calculation, updates, and allocation cycles.
- Prepare monthly internal management reports for the asset/corporate and submit them for inclusion in the consolidated monthly reporting pack.
- Issue, follow up, and update the monthly management reporting timetable checklist.
- Compile some financial performance KPI comments and calculate certain KPIs (e.g., Opex/bbl, PCO).
- Prepare monthly JV cost trackers for the asset/corporate and submit them for inclusion in the consolidated monthly Fincom pack or share with JVPs.
- Prepare the monthly external/Sectional reporting required by the asset PAs (Sections 6,7, and 8,9,10 of DWT and WCTP PAs).
- Prepare TGLs AOE data.
- Support any ongoing divestment/acquisition procedures related to the asset (TEN/Jubilee).
- Actively engage in group-wide Corporate Projects and perform ad hoc duties as required.
- Liaise with external auditors as needed to explain Opex/Capex numbers.
- Actively participate in all risk and assurance activities within finance and the BU.
Required Skills:
- Minimum of 3-plus years of professional experience in a similar role.
- Strong background in management accounting, budgeting, or forecasting.
- Proficiency in financial modeling and advanced Excel.
- Working knowledge of SAP, SAC, and Cognos.
- Experience in JV accounting.
- Strong analytical skills.
- Knowledge of the oil and gas industry.
- Proficiency in Microsoft Office Suite.
Education and Experience:
- Minimum of a Bachelor’s degree in accounting/finance.
- A student or affiliate membership with one of the professional accounting bodies (e.g., CA, CIMA, ACCA, etc.).
At Tullow, we treat all individuals fairly and respectfully, providing equal access to opportunities and resources, and ensuring everyone can contribute to Tullow’s overall success. To achieve this, we offer our employees:
Related Article: UAE Top Recruitment Agencies For Jobs in 2023 (Apply Now)
-
- A performance-driven culture that delivers results.
- A commitment to your personal and professional development.
- An opportunity to make a meaningful impact on our business, working with or leading teams of talented and dedicated individuals.
- A culture that values inclusion and diversity, providing equal opportunities.
- Recognition and rewards for outstanding performance.
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Method of Application
Submit your CV and Application on the Company Website: Click Here
Closing Date: 10th November, 2023
FAQs
Q: What is the work environment like at Tullow Oil in Ghana?
A: Tullow Oil in Ghana provides a dynamic and inclusive work environment, fostering collaboration and personal growth.
Q: Are there opportunities for career advancement?
A: Yes, Tullow Oil values career development and offers opportunities for advancement.
Q: What is the typical salary range for a Financial Planning Accountant at Tullow Oil in Ghana?
A: The salary for this role can vary but generally offers competitive compensation.
Q: Is prior experience in the oil and gas industry necessary?
A: While prior experience is beneficial, it’s not always a strict requirement. Tullow Oil values talent and potential.
Q: Can I apply if I’m an international candidate?
A: Tullow Oil often welcomes international candidates with the right qualifications and work permits.
Q: What are the growth prospects for the oil and gas industry in Ghana?
A: The oil and gas industry in Ghana is poised for significant growth, offering long-term career opportunities.
Conclusion
Becoming a Financial Planning Accountant at Tullow Oil in Ghana can be the first step towards a rewarding and prosperous career in the finance sector. By following the guidelines and insights provided in this article, you’ll be better equipped to pursue this exciting opportunity.
So, if you’re ready to embark on a journey that combines financial expertise, professional growth, and the allure of the oil and gas industry, consider applying for the position of Financial Planning Accountant at Tullow Oil in Ghana.
Remember, your future starts with the first step, and this could be your first step towards an amazing career. Don’t miss out on this fantastic opportunity!
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