The Nigerian National Petroleum Company (NNPC) Limited Job Vacancy -Lead, Foreign Payment (Ventures)

The Nigerian National Petroleum Company (NNPC) Limited is a dynamic global energy company with businesses and operations across the entire spectrum of the energy value chain. It is a state oil company in Nigeria. Formerly a fully-owned government company, it was transformed into a limited liability company in July 2022. NNPC Limited is the only entity licensed to operate in the country’s petroleum industry. It partners with foreign oil companies to exploit Nigeria’s fossil fuel resources.

Applications are invited for:

Job Title: Lead, Foreign Payment (Ventures)

Locations: Nigeria

Objectives

  • Coordinate monitoring of debt/funding settlements/reconciliation.

Key Responsibilities

  • Ensure that vendor invoices are posted into the ledger in preparation for payment.
  • Oversee preparation of payment schedules and payment instructions to commercial banks.
  • Reconciliation of USD Revenue/Operations account & other USD denominated bank accounts.
  • Preparation of daily cash position and outstanding invoices & remittances.
  • Booking of Cash Call Receipt, Revenue and Other Inflows and Charges to the ledger.
  • Booking of Bank Interest and Charges and Gas Sales.

Educational Qualifications

  • First Degree or its equivalent in Social Science preferably in Accounting, Economics, Banking & Finance or Insurance or related fields.
  • Certification in Professional membership of any of the relevant body e.g. ACA, ACCA, ANAN, CFA, CIS, CITN.

Experience:

  • Minimum of 9 years relevant post qualification experience. Experience in the oil and gas industry will be an added advantage.

Competence:

  • Mastery of local and foreign payments system
  • Knowledge of foreign exchange market operations
  • Knowledge of accounting systems and practices
  • Negotiation skills
  • Mastery of foreign exchange risks management
  • Mastery of local and international money and capital markets dealings and operations
  • Knowledge of financial processes and regulations
  • Knowledge of Oil and Gas industry.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Leave a Comment