Senior Accountant Vacancy at Subsea 7
Posted: 12/Jan/2018

Subsea 7 is a world-leading seabed-to-surface engineering, construction and services contractor to the offshore energy industry. We provide cost-effective technical solutions to enable the delivery of complex projects in all water depths and challenging environments.

We are recruiting to fill the position below:

Job Title: Senior Accountant

Vacancy ref: 57091
Location: Lagos
Business area: Surf and Conventional
Working hours: 40 hours per week
Contract type: Staff
Languages in which you may apply: English

Job Description

  • The Senior Accountant reports to the Accounting Manager.
  • He/she is vested with the responsibility to assist the Manager/Department in the discharge of his day to day tasks.
  • This role shall be executed within the utmost respect of Company’s procedures, Code of Business Conduct and Core Values.
  • All personnel are expected to contribute to creating a positive HSEQ culture within Subsea 7 and ensure familiarity with and adherence to local HSEQ codes and practices.

Specific Key Responsibilities & Activities

  • Liaises with banks on all operational banking matters
  • Maintain records of cash and bank transactions and verifies such records are maintained in an accurate and timely manner
  • Check monthly bank reconciliations and investigates reconciling items
  • Day to day control over the company cheque books, cash balances and banking requirements
  • Ensures all payments are properly approved and supported by appropriate documentary evidence.


  • Assists with the maintenance of accounting records in compliance with local and group regulations in an efficient and effective manner
  • Preparation of Annual Statutory Accounts and any required supporting analysis
  • Liaise with and providing information to the Group auditors
  • Ensure that all transactions are recorded and reported in accordance with statutory and local legal requirements
  • Ensure operational day to day as well as long term filing of accounts
  • Liaise with internal and external auditors with regards to accounting issues and internal control over Financial Reporting


  • Organise, run and monitor the closing process monthly, quarterly and annually, including the collating of any required accounts
  • Manage the regular reporting and management information requirements of the designated area of responsibility
  • Preparation of monthly variance analysis and explanations of variances between actual results to budget to date and to full year forecasts
  • Produce analyses of various performance indicators required by internal management and shareholders
  • Provides input to budget and accountable for controlling costs.


  • Liaise with Relevant Tax Authorities on day to day operations,
  • Ensure consistent compliance with local tax filing requirements
  • Prepare the documentation needed during various monitoring exercise.


  • Operate within the Code of Conduct
  • Operate according to Subsea 7’s Management Principles
  • Support standards and procedures for the Finance Function.

Key Relationships/ Stakeholders

  • Banks
  • Auditors/Consultants.


  • Project Team (Cost Control, contract…)
  • Treasury Team
  • General Accounts

Person Specification

  • A University Graduate (BSc) or HND Graduate in Accounting/Finance with a minimum of 10 years’ cognate experience
  • Chartered Accountant with proven management experience
  • Highly motivated and ability to work under pressure
  • Excellent written & oral communication skills; fluency in English.
  • Pro-active and positive to changes and challenges.
  • People Management skills.

Application Closing Date
31st January, 2018.

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