Project Accountant (Upstream Oil & Gas Waste Management) – Kenya job at WTS Energy
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Project Accountant (Upstream Oil & Gas Waste Management) – Kenya
2026-05-21T07:57:12+00:00
WTS Energy
https://cdn.greatkenyanjobs.com/jsjobsdata/data/employer/comp_2782/logo/WTS%20Energy.png
FULL_TIME
Kenya
kenya
00100
Kenya
Oil&Gas
Accounting & Finance, Energy & Mining, Business Operations
KES
MONTH
2026-06-05T17:00:00+00:00
8

We are seeking to hire a Project Accountant who will provide leadership and control over project finance, cost management, budgeting, reporting, and accounting systems within upstream oil & gas waste management operations. The role is responsible for ensuring accurate project financial reporting, robust cost control frameworks, effective cashflow management, contract accounting, and compliance with IFRS and regulatory requirements. The ideal candidate must have a Bachelor’s degree in Accounting, Finance, Commerce, or a related field, with a professional qualification (CPA(K), ACCA, CIMA, or equivalent) preferred, and a minimum of 5–8 years’ relevant experience in accounting or finance, including at least 3–5 years in project accounting or cost control within oil & gas, EPC, energy, or industrial operations.

Key Responsibilities:

  • Design and implement project accounting frameworks including chart of accounts, job codes, cost centers, and allocation methodologies aligned with IFRS and corporate policies.
  • Develop and maintain project budgeting structures, standard costing templates, and approval workflows.
  • Lead budgeting, forecasting, and variance analysis for CapEx and OpEx across project phases and activities.
  • Monitor project cost-to-complete, identify cost overruns, and recommend corrective actions.
  • Prepare rolling cashflow forecasts in collaboration with procurement and operations teams.
  • Produce monthly and weekly project financial reports including P&L, WIP, cost variance analysis, committed vs incurred costs, and margin reporting.
  • Develop financial dashboards and KPIs to support project performance tracking and decision-making.
  • Ensure accurate revenue recognition in line with contract terms including T&M, lump sum, and unit rate agreements.
  • Support invoicing processes including billing, change orders, claims, retentions, and contract adjustments.
  • Reconcile client accounts and resolve billing discrepancies and disputes.
  • Ensure timely and accurate cost capture from procurement, operations, and subcontractors.
  • Validate subcontractor invoices, progress claims, and equipment hire costs against contractual agreements.
  • Support procurement processes to ensure cost compliance, contract adherence, and payment milestone tracking.
  • Ensure compliance with IFRS, Kenyan tax regulations, environmental levies, and industry-specific reporting requirements.
  • Support statutory audits, tax filings, and regulatory submissions related to project activities.
  • Maintain environmental, health, and safety (EHS) cost tracking and reporting.
  • Manage project fixed assets including capitalization, depreciation, disposals, and asset registers.
  • Support internal and external audits and ensure closure of audit findings.
  • Implement and maintain internal financial controls and segregation of duties across project finance processes.
  • Configure and maintain ERP systems (Odoo) for project accounting, reporting, and cost tracking.
  • Drive automation of financial reporting, dashboards, and recurring analysis.
  • Partner with Project Managers, Operations, Procurement, HSE, and Commercial teams to support financial decision-making.
  • Provide financial guidance and training to project teams on cost coding, reporting, and compliance processes.

Required Qualifications:

  • Must have a Degree in accounting, Finance, Commerce, or a related field. Professional qualification (CPA(K), ACCA, CIMA, or equivalent) is preferred. A master’s degree (MBA or MSc Finance) will be an added advantage.
  • Must have a minimum of 5–8 years’ relevant experience in accounting or finance, with at least 3–5 years in project accounting or cost control roles.
  • Experience within upstream oil & gas, EPC, energy, or heavy industrial project environments is highly desirable.
  • Strong understanding of contract accounting including T&M, lump sum, and unit rate contracts.
  • Experience in revenue recognition, WIP accounting, cost-to-complete forecasting, and project financial reporting.
  • Strong knowledge of IFRS and Kenyan tax and regulatory frameworks.
  • Proficiency in ERP systems (Odoo preferred) and advanced Excel financial modelling.
  • Experience in budgeting, forecasting, variance analysis, and cashflow management.
  • Strong understanding of procurement processes and subcontractor cost validation.
  • Experience with project audits and internal control frameworks.
  • Applicants from the Turkana community are encouraged to apply.
  • Design and implement project accounting frameworks including chart of accounts, job codes, cost centers, and allocation methodologies aligned with IFRS and corporate policies.
  • Develop and maintain project budgeting structures, standard costing templates, and approval workflows.
  • Lead budgeting, forecasting, and variance analysis for CapEx and OpEx across project phases and activities.
  • Monitor project cost-to-complete, identify cost overruns, and recommend corrective actions.
  • Prepare rolling cashflow forecasts in collaboration with procurement and operations teams.
  • Produce monthly and weekly project financial reports including P&L, WIP, cost variance analysis, committed vs incurred costs, and margin reporting.
  • Develop financial dashboards and KPIs to support project performance tracking and decision-making.
  • Ensure accurate revenue recognition in line with contract terms including T&M, lump sum, and unit rate agreements.
  • Support invoicing processes including billing, change orders, claims, retentions, and contract adjustments.
  • Reconcile client accounts and resolve billing discrepancies and disputes.
  • Ensure timely and accurate cost capture from procurement, operations, and subcontractors.
  • Validate subcontractor invoices, progress claims, and equipment hire costs against contractual agreements.
  • Support procurement processes to ensure cost compliance, contract adherence, and payment milestone tracking.
  • Ensure compliance with IFRS, Kenyan tax regulations, environmental levies, and industry-specific reporting requirements.
  • Support statutory audits, tax filings, and regulatory submissions related to project activities.
  • Maintain environmental, health, and safety (EHS) cost tracking and reporting.
  • Manage project fixed assets including capitalization, depreciation, disposals, and asset registers.
  • Support internal and external audits and ensure closure of audit findings.
  • Implement and maintain internal financial controls and segregation of duties across project finance processes.
  • Configure and maintain ERP systems (Odoo) for project accounting, reporting, and cost tracking.
  • Drive automation of financial reporting, dashboards, and recurring analysis.
  • Partner with Project Managers, Operations, Procurement, HSE, and Commercial teams to support financial decision-making.
  • Provide financial guidance and training to project teams on cost coding, reporting, and compliance processes.
  • Proficiency in ERP systems (Odoo preferred)
  • Advanced Excel financial modelling
  • Strong understanding of contract accounting
  • Experience in revenue recognition
  • WIP accounting
  • Cost-to-complete forecasting
  • Project financial reporting
  • Strong knowledge of IFRS
  • Kenyan tax and regulatory frameworks
  • Budgeting
  • Forecasting
  • Variance analysis
  • Cashflow management
  • Strong understanding of procurement processes
  • Subcontractor cost validation
  • Experience with project audits
  • Internal control frameworks
  • Bachelor’s degree in Accounting, Finance, Commerce, or a related field
  • Professional qualification (CPA(K), ACCA, CIMA, or equivalent) is preferred
  • Master’s degree (MBA or MSc Finance) will be an added advantage
  • Minimum of 5–8 years’ relevant experience in accounting or finance
  • At least 3–5 years in project accounting or cost control roles
  • Experience within upstream oil & gas, EPC, energy, or heavy industrial project environments is highly desirable
  • Strong understanding of contract accounting including T&M, lump sum, and unit rate contracts
  • Experience in revenue recognition, WIP accounting, cost-to-complete forecasting, and project financial reporting
  • Strong knowledge of IFRS and Kenyan tax and regulatory frameworks
  • Proficiency in ERP systems (Odoo preferred) and advanced Excel financial modelling
  • Experience in budgeting, forecasting, variance analysis, and cashflow management
  • Strong understanding of procurement processes and subcontractor cost validation
  • Experience with project audits and internal control frameworks
  • Applicants from the Turkana community are encouraged to apply.
bachelor degree
60
JOB-6a0ebad84673a

Vacancy title:
Project Accountant (Upstream Oil & Gas Waste Management) – Kenya

[Type: FULL_TIME, Industry: Oil&Gas, Category: Accounting & Finance, Energy & Mining, Business Operations]

Jobs at:
WTS Energy

Deadline of this Job:
Friday, June 5 2026

Duty Station:
Kenya | kenya

Summary
Date Posted: Thursday, May 21 2026, Base Salary: Not Disclosed

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JOB DETAILS:

We are seeking to hire a Project Accountant who will provide leadership and control over project finance, cost management, budgeting, reporting, and accounting systems within upstream oil & gas waste management operations. The role is responsible for ensuring accurate project financial reporting, robust cost control frameworks, effective cashflow management, contract accounting, and compliance with IFRS and regulatory requirements. The ideal candidate must have a Bachelor’s degree in Accounting, Finance, Commerce, or a related field, with a professional qualification (CPA(K), ACCA, CIMA, or equivalent) preferred, and a minimum of 5–8 years’ relevant experience in accounting or finance, including at least 3–5 years in project accounting or cost control within oil & gas, EPC, energy, or industrial operations.

Key Responsibilities:

  • Design and implement project accounting frameworks including chart of accounts, job codes, cost centers, and allocation methodologies aligned with IFRS and corporate policies.
  • Develop and maintain project budgeting structures, standard costing templates, and approval workflows.
  • Lead budgeting, forecasting, and variance analysis for CapEx and OpEx across project phases and activities.
  • Monitor project cost-to-complete, identify cost overruns, and recommend corrective actions.
  • Prepare rolling cashflow forecasts in collaboration with procurement and operations teams.
  • Produce monthly and weekly project financial reports including P&L, WIP, cost variance analysis, committed vs incurred costs, and margin reporting.
  • Develop financial dashboards and KPIs to support project performance tracking and decision-making.
  • Ensure accurate revenue recognition in line with contract terms including T&M, lump sum, and unit rate agreements.
  • Support invoicing processes including billing, change orders, claims, retentions, and contract adjustments.
  • Reconcile client accounts and resolve billing discrepancies and disputes.
  • Ensure timely and accurate cost capture from procurement, operations, and subcontractors.
  • Validate subcontractor invoices, progress claims, and equipment hire costs against contractual agreements.
  • Support procurement processes to ensure cost compliance, contract adherence, and payment milestone tracking.
  • Ensure compliance with IFRS, Kenyan tax regulations, environmental levies, and industry-specific reporting requirements.
  • Support statutory audits, tax filings, and regulatory submissions related to project activities.
  • Maintain environmental, health, and safety (EHS) cost tracking and reporting.
  • Manage project fixed assets including capitalization, depreciation, disposals, and asset registers.
  • Support internal and external audits and ensure closure of audit findings.
  • Implement and maintain internal financial controls and segregation of duties across project finance processes.
  • Configure and maintain ERP systems (Odoo) for project accounting, reporting, and cost tracking.
  • Drive automation of financial reporting, dashboards, and recurring analysis.
  • Partner with Project Managers, Operations, Procurement, HSE, and Commercial teams to support financial decision-making.
  • Provide financial guidance and training to project teams on cost coding, reporting, and compliance processes.

Required Qualifications:

  • Must have a Degree in accounting, Finance, Commerce, or a related field. Professional qualification (CPA(K), ACCA, CIMA, or equivalent) is preferred. A master’s degree (MBA or MSc Finance) will be an added advantage.
  • Must have a minimum of 5–8 years’ relevant experience in accounting or finance, with at least 3–5 years in project accounting or cost control roles.
  • Experience within upstream oil & gas, EPC, energy, or heavy industrial project environments is highly desirable.
  • Strong understanding of contract accounting including T&M, lump sum, and unit rate contracts.
  • Experience in revenue recognition, WIP accounting, cost-to-complete forecasting, and project financial reporting.
  • Strong knowledge of IFRS and Kenyan tax and regulatory frameworks.
  • Proficiency in ERP systems (Odoo preferred) and advanced Excel financial modelling.
  • Experience in budgeting, forecasting, variance analysis, and cashflow management.
  • Strong understanding of procurement processes and subcontractor cost validation.
  • Experience with project audits and internal control frameworks.
  • Applicants from the Turkana community are encouraged to apply.

Work Hours: 8

Experience in Months: 60

Level of Education: bachelor degree

Job application procedure

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: Friday, June 5 2026
Duty Station: Kenya | kenya
Posted: 21-05-2026
No of Jobs: 1
Start Publishing: 21-05-2026
Stop Publishing (Put date of 2030): 10-10-2076
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