Lonestar Drilling Nigeria: Chief Accountant

Lonestar Drilling Nigeria is a leading drilling company with significant Involvement in the development and production activities in the upstream sector of the Oil and Gas industry. They are hiring for: Chief Accountant

CHIEF ACCOUNTANT
The position reports to the Financial Controller. The incumbent will ensure that the financial policies/procedures of the company are implemented efficiently in line with generally accepted Financial/ Accounting practices and statutory requirements. He will ensure the ongoing financial health (the ability to fulfill financial obligations) of LSD and act as safeguard of the company’s financial assets.


Key responsibilities
• Manage General Ledger according to defined accounting principles
• Maintain Chart of Accounts and reports In IT- Systems
• Ensure ongoing and period-end postings are processed in an accurate and timely manner
• Maintain and supervise vendors credit limits in IT-systems, and advise Procurement Manager
• Process vendor invoices, and reconciliation of vendors’ accounts in Accounts payable.
• Process bills and payments on NP Create and maintain master data for new/modified assets, depreciation rules etc. in IT systems, and process ongoing transactions (asset capitalization, asset sales, depreciation and amortization etc.
• Conduct and communicate corporate tax planning
• Ensure tax compliance in transactions processing and daily operations
• Verify financial records from all sources destined for the general ledger.
• Generate all data and management reports to satisfy management, statutory and fiscal reporting requirements.
• Review the trial balance and sub-ledgers for integrity and accuracy.

Qualification and Experience
• A good University Degree or its equivalent in Finance / Accounting or other business related discipline, plus a recognized professional accounting qualification (i.e. ACA, ACCA or Equivalent), with at least 6- years relevant experience in a well structured business environment.
• A good knowledge of the oil and gas industry will be a distinct advantage

Method of Application
Qualified candidates are requested to apply with their comprehensive curriculum vitae quoting required position as subject of your e-mail to: hr@lonestargroupng.com

Only short listed candidates shall be contacted

Deadline: 7th September, 2010.
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