About the Role
Marconi.NG EPC Limited, operator of the renowned Rumuolumeni Fabrication Yard since 1999, is seeking an experienced Receivables and Revenue Accrual Manager to oversee accounts receivable operations and revenue accrual processes for one of Nigeria's most significant oil and gas infrastructure hubs. This role is critical to ensuring accurate billing, efficient collections, and IFRS 15-compliant revenue recognition across complex, project-based EPC contracts.
The successful candidate will join a company with a 1,000,000-square-meter facility that has delivered West Africa's most important infrastructure projects, and will play a key role in strengthening financial controls, driving process automation, and supporting audit readiness within the Accounts, Finance, and Control (AFC) Department.
Key Responsibilities- Supervise invoicing, collections, and cash application processes
- Monitor aging reports and drive reduction in Days Sales Outstanding (DSO)
- Implement and enforce credit control policies and procedures
- Resolve billing disputes and liaise with sales teams and customers to expedite payments
- Reconcile AR sub-ledgers to the general ledger on a regular basis
- Maintain strict adherence to AFC Department processes and reporting standards
- Oversee customer master data and credit limit reviews within Dynamics 365
- Prepare monthly aging and DSO dashboards for Finance leadership
- Reconcile AR with Treasury to ensure accurate cash posting and account updates
- Support external audits and ensure full traceability of receivable balances
- Drive automation and workflow discipline within the ERP system
- Obtain percentage-of-completion and cost-to-complete inputs from Project Accounting monthly, escalating delays to the Financial Controller
- Prepare and post monthly revenue accrual journals in line with IFRS 15 for project-based contracts
- Reconcile recognized revenue against invoiced amounts, maintaining accurate contract asset and liability balances
- Monitor unbilled revenue (WIP) ageing and drive timely conversion to billed revenue
- Support month-end and year-end close with complete, reconciled, and audit-ready revenue schedules
- Identify and escalate variances between recognized revenue and billing milestones
- Maintain full traceability between contract terms, revenue recognition, and supporting documentation
- Bachelor's degree in Accounting, Finance, or a related field
- Professional certification (ICAN/ACCA) preferred
- 8-10 years of progressive experience in Receivables, Billing, Revenue Accounting, or Financial Operations
- Working knowledge of IFRS 15 and percentage-of-completion accounting for EPC/project-based contracts
- Strong experience in data processing, management, and control
- Excellent communication, leadership, customer relations, and conflict-resolution skills
- Proficiency in IFRS, SAP, Excel, and Microsoft Dynamics 365
- Opportunity to work with a leading name in Nigeria's oil and gas fabrication industry
- Exposure to large-scale EPC and infrastructure project finance
- Collaborative and professionally driven work environment
- Career growth within a company committed to engineering and operational excellence