Job Requirements
Title Cost Control / JV Accountant
Role Responsible of drafting JV reports (cash call, JIB, quarterly and yearly reports)
Category Accounting
Location Douala
Company cameroonjobs, Vacancies [ - - ] ( Posted on 06/07/2018, 04:56:12 PM)
Experience 5 to 7 Years
Educational Qualification Bachelor's Degree
Skills Experience
Salary - -
Career Level Mid Career (2+ years of experience)
Job Type Permanent
Job Status Full Time
Responsible of drafting JV reports (cash call, JIB, quarterly and yearly reports)
• Ensure inventory transactions are recorded accurately and timely. Identify and resolve posting errors and be the primary point-of-contact for the warehouse and operations team in resolving issues.
• Manage and record all inventory adjustments, including warehouse transfers, contractual cycle counts with SNH and inventory disposals. Investigate variances and resolve issues.
• Review and coding of drilling related vendor invoices verification against contract/agreement Terms , conditions and PO/SO terms and conditions; ensure all invoices are coded reflecting concessions, well codes and paid in accordance with payment terms. Process all PO and inventory related invoices.
• Monitor drilling costs and expenses to AFE and complete all end of well AFE reconciliations
 Assist in preparation of AFE estimates and any required updates or supplements
 Monitor expenditures to partner and government budgets
 Reconcile all Well costs to the daily well reports and reconcile any differences
• Control and coordinate daily cost sheets for verification against monthly supplier invoices processed.
• Liaise with vendors on queries for assigned invoice processing activity.
• Liaise with vendors and contracts and determine on hire and off hire times of equipment and coordinate with drilling contractor for accurate updates and obtain manifests and discharge lists from Logistics base to back up on off hires.
• Assist to maintain accurate information with in the cost tracking process to produce accurate daily costs , this information is gathered from :
 Daily Drilling Reports
 Casing Tally’s
 Mud Reports generated daily from rig
 Cementing reports generated after each cement job
 Daily Vessel reports – to track fuel
 Daily report from Barge Engineer to track rig fuel
 Flight Manifest and rig POB’s
• Maintain accurate information to report amounts invoiced against call offs, amounts accumulated against AFE costs.
• Produce full well reconciliation including:
 Fuel Reconciliation
 Vessel cost analysis
 Final Cost Summary
 End of well cost variation report

Interested candidates should apply via the website following the link,
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