Service Accountant Job in Port Harcourt

We are a trusted service company operating across the Oil & Gas, Power, and Renewable Energy sectors. Our expertise spans the entire energy value chain, delivering exceptional value in design, engineering, procurement, construction, instrumentation, automation and control, as well as operations, maintenance, marine, and pipeline integrity services.

We are recruiting to fill the position below:

Job Position: Service Accountant
Job Location: Port Harcourt, Rivers
Employment Type: Full-time

Job Summary

• We are seeking a Service Accountant to act as a strategic financial partner in service delivery operations. The role is responsible for ensuring accurate tracking, analysis, and reporting of service-related costs, revenues, and profitability.
• It plays a critical part in aligning financial integrity with operational performance by driving informed decision-making through compliant revenue recognition, timely receivable billing, prompt supplier payments, and effective cost management.
• This position requires a strong grasp of accounting principles combined with an understanding of service business dynamics.

Responsibilities

• Maintain accurate and up-to-date records of all financial transactions in line with company policies and IFRS.
• Record, classify, and reconcile transactions including service-related costs, project expenditures, vendor accounts, and intercompany balances.
• Prepare Monthly, Quarterly, and Annual financial statements, budgets, Profit & Loss (P&L) statements, management reports, and margin analysis.
• Monitor Accounts Payable and Receivable, ensuring timely billing, collections, and compliance with contract terms.
• Generate, validate, and process invoices based on contracts, milestones, or timesheets, and track unbilled revenue for accurate reporting.
• Reconcile bank statements and manage cash flow forecasts to support operational liquidity.
• Manage the fixed assets register, including depreciation schedules, asset tracking, and verification.
• Monitor service profitability, analyze cost and revenue trends, investigate variances, and recommend corrective actions.
• Allocate direct, indirect, and overhead costs appropriately across projects, departments, or service lines.
• Support budgeting and forecasting processes, providing variance analysis and financial insights to guide decision-making.
• Ensure accurate tax computations, including VAT, withholding tax, and corporate tax, with timely filing and remittances.
• Collaborate with commercial, procurement, HR, logistics, and operations teams to ensure proper cost allocation and financial reporting.
• Maintain audit-ready documentation for financial transactions, billing, and revenue processes, and support internal and external audits.
• Implement and monitor internal controls to safeguard company assets, prevent fraud, and ensure compliance with statutory and regulatory requirements.
• Partner with service delivery and operations teams, providing financial guidance, reporting, and insight on performance.
• Participate in project or service planning meetings to provide financial input and track commitments against budgets.
• Develop financial models, templates, and analytical tools to enhance accuracy, efficiency, and transparency in financial management.
• Provide training and guidance to non-financial staff on financial processes, compliance, and cost awareness.

Qualifications

• Bachelor’s Degree in Accounting, Finance or a related field.
• 5-7 years of general Accounting and Finance experience out of which 3 years would have been in the Oil & Gas Industry.
• Master’s Degree is an advantage.
• Must be ICAN Certified
• Strong Analytical and Problem-solving skills
• Skilled in Budgeting, Forecasting, and Variance Analysis
• Ability to prepare Financial Reports
• Competence in Tax Planning and Computation.

Method of Application
Interested and qualified candidates should send their CV to: ned@hotnigerianjobs.com using the Job Position as the subject of the email.