Inventory Accountant (OIl and Gas)
At a glance
Mid-level Accounting role at Fosad Consulting. Lagos · full-time.
Pay not stated Accounting salary
financeroles summary, based on the employer's posting.
What you'll do
- Check stock, equipment and tools at plants and sites each week and month, then flag count differences to management
- Prepare inventory and usage updates on daily, weekly, monthly and as-needed schedules for relevant departments
- Track stock levels across company locations and report shortages or excesses for replenishment
- Help set inventory rules and work with procurement, stores and field teams on control and accounting
- Analyze accounts for the budget process and support other finance team tasks when management requests
What you bring
- A degree in accounting or a related discipline
- At least four years in a comparable oil and gas role is required
- Proficiency in Excel and ERP systems, plus the initiative to work independently
Who this fits
This mid-level, full-time role is based on-site in Lagos. It suits an inventory accountant comfortable with regular counts across plants and sites, reporting stock variances, and working independently.
From the employer
Our client, a integrated indigenous Oil and Gas company, is looking to recruit an Inventory Accountant who will be responsible for ensure the accounting and reporting for all inventory activities.
• Assist in establishing and implementing inventory policies and procedures.
• Perform weekly and monthly physical stock checks at all the plants and highlight variances to the management.
• Perform weekly and monthly physical assets and tools counts at all sites and report variances to the management.
• Prepare and distribute daily, weekly, monthly and ad-hoc inventory levels and consumption reports to all the relevant departments.
• Maintaining acceptable and accurate inventory levels at all company sites.
• Report shortfalls and surplus inventory weekly and monthly for replenishment.
• Assist other functional units within the Finance team in carrying out jobs as and when required by Management.
• Work closely with Procurement, Store and Field Management to assure proper inventory control and accounting practices.
• Support the Company budgeting process with Account Analysis.
Academic qualifications
- Degree in Accounting or related disciplines
- Proficient in MS Excel and ERPs
Experience, Required Knowledge Skill /Abilities:
- Minimum of 4 years Oil and Gas experience in a similar role is mandatory
- High initiative and ability to work with no supervision
Only qualified candidates will be contacted.