Aldelia Joint Venture Accountant Jobs in Uganda
Activities
The main responsibility of the position holder’s:
Joint Venture Activity
• Preparation of the monthly Joint Interest Billings (JIBs) and Cash Calls for both EA1 and EA2.
• Timely response to queries from JV partners in respect to EA1 and EA2 Joint interest Billings (JIBs) and Cash Calls.
• Ensuring proper filing and archiving of all Joint Venture reports and communications (including but not restricted to Joint Interest Billings and Cash Calls) for ease of retrieval.
• Participation in the preparation of annual Joint Venture budgets (OCM and ACM budgets) and attending associated meetings along with other members of Finance team and JV planning.
• Participation in Joint Venture Technical Planning Meetings (TPM) and Finance Planning Meetings (FPM).
• Participation in JV meetings between Finance and JV Planning to review Non-Operated billings and ensure proper estimation of monthly Non-Operated accruals based on value of work done.
• Posting of approved monthly Non-Operated Billings in Salsa.
• Review and reconciliation of partner JIB with budgets to identify any potential overruns and unplanned work programmes. Analysis, documentation, and presentation of such potential overruns, incorporating credible comments (variance analysis), to the Budget & Reporting Manager for the identification of potential mitigation plans.
• Participation in Joint Venture meetings with JV partner representatives (currently quarterly) to challenge the OBO costs, especially those outside the budget and work programme.
• Preparation of non-operated budgets in liaison with JV planning.
• Ensure provision of appropriate up to date closing forecast for non-operated, with proper justification and comments to support the estimates.
• Preparation of operating procedures within identified perimeter.
• Ensure compliance with relevant Sarbanes-Oxley Act controls in reporting (JIBs) in conjunction with internal audit.
• Preparation of Cost Recovery Statements and Request for Services (RFS) reports for the Petroleum Authority of Uganda (PAU).
Audit Activity:
• Organize and coordinate Joint Venture audits on behalf of the Company’s finance team.
• Co-ordinate the provision of relevant pre-field audit information requests and ensure validation of
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