Mrs Onome Azieh ia an oil and gas finance professional, a key member of the finance department, responsible for supporting the financial management of complex, capital-intensive operations within a highly regulated industry. The role requires a strong understanding of financial principles combined with practical knowledge of oil and gas operations, contracts, and regulatory frameworks.
The professional is involved in financial planning and analysis, including budgeting, forecasting, and cost tracking for exploration, drilling, production, marine, construction, and maintenance activities. They monitor operational expenditures (OPEX) and capital expenditures (CAPEX), ensuring costs are accurately recorded, controlled, and aligned with approved budgets. Regular variance analysis is conducted to identify cost overruns, savings opportunities, and performance trends, providing timely financial insights to management.
In the accounting and reporting function, the finance officer ensures accurate posting of transactions, preparation of monthly and annual financial statements, and compliance with IFRS and industry accounting standards. They support audits, maintain proper documentation, and ensure adherence to internal controls and corporate governance policies. The role also involves managing invoices, vendor payments, payroll support, and reconciliation of accounts.
The finance professional works closely with operations, procurement, and project teams to review contracts, validate cost claims, and support procurement and vendor management processes. In joint-venture or service-contract environments, they assist with cost recovery, billing, and financial reporting to partners and regulators.
Additionally, the role includes cash-flow management, tax support, and regulatory compliance, ensuring timely statutory filings and effective coordination with banks, auditors, and government agencies. With strong analytical skills, attention to detail, and integrity, the oil and gas finance professional contributes significantly to cost efficiency, financial transparency, and informed decision-making, supporting the company’s overall operational and strategic objectives