Accounts Receivable Officer at WAEP Nigeria Limited

Company: West African Exploration and Production Company (WAEP)
Job Title: Accounts Receivable Officer
Location: Lagos
Job Type: Full-time
Job Field: Accounting / Finance
Industry: Oil and Gas
Qualification: Bachelor’s Degree or HND in Accounting, Finance, or a related discipline
Experience: 8–12 years’ relevant finance/accounting experience, preferably within oil and gas or a similarly regulated industry
Application Closing Date: 18th September 2026

West African Exploration and Production Company (WAEP) is an indigenous energy company focused on the exploration, development, and production of hydrocarbon resources across West Africa. Headquartered in Lagos State, Nigeria, WAEP is committed to delivering safe, efficient, and sustainable energy solutions through industry best practices, technological innovation, operational excellence, and environmental stewardship.

The company’s operations are guided by high standards of integrity, safety, professionalism, and corporate responsibility as it contributes to energy security and economic growth across the region. WAEP continues to build strategic partnerships that create value for stakeholders while supporting the sustainable development of Africa’s energy sector.

Role Purpose

The Accounts Receivable Officer will manage accounts receivable activities, billing, collections, reconciliations, and reporting to ensure accurate revenue records, timely recovery of receivables, and strong financial controls in support of the company’s upstream operations.

Key Responsibilities

• Prepare and process customer, partner, and other receivable invoices in accordance with approved agreements and controls.
• Maintain accurate accounts receivable ledgers and supporting documentation.
• Monitor outstanding balances, ageing, and collection status and follow up on overdue receivables.
• Reconcile customer and partner accounts, receipts, invoices, and general ledger balances.
• Investigate and resolve billing discrepancies, unapplied receipts, and account variances.
• Prepare periodic receivables ageing, collection, and management reports.
• Support month-end and year-end closing, revenue reconciliation, and audit requirements.
• Ensure receipts are properly identified, recorded, and allocated in the ERP/accounting system.
• Maintain complete audit trails and comply with financial policies, delegated authorities, and internal controls.
• Work with Commercial, Treasury, Tax, Joint Venture, and other teams to resolve receivable-related issues.

Qualifications and Experience

• Bachelor’s Degree or HND in Accounting, Finance, or a related discipline.
• 8–12 years’ relevant finance/accounting experience, preferably within oil and gas or a similarly regulated industry.
• ACA, ACCA, ICAN, or an equivalent professional qualification is strongly preferred.
• Strong ERP and advanced Microsoft Excel capability is required.

Core Competencies

• Accounts receivable management.
• Billing and collections.
• Account reconciliation.
• Revenue accounting awareness.
• ERP/accounting systems.
• Financial controls.
• Audit readiness.
• Analytical reporting.

Key Performance Indicators

• Timeliness and quality of assigned deliverables.
• Accuracy and completeness of records and reporting.
• Compliance with applicable procedures, controls, and regulatory requirements.
• Effective management of operational and commercial risks.
• Stakeholder responsiveness and coordination.
• Contribution to cost, reliability, revenue, or performance improvement, as applicable.

How to Apply

Interested and qualified candidates should apply online using the application form below.

Click here to apply online

Application Closing Date

18th September 2026.