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Jobs at Matrix Energy (Now Hiring) — 6 open

Matrix Energy logoMatrix Energy

Lubes Account Officer

Warri, Delta State, Nigeria · On-site

Mid level

JOB SUMMARY To drive profitability and operational efficiency of the lubricants business by ensuring robust inventory control, accurate product costing, and complete revenue capture, while minimizing stock losses and fin…

Skills: Inventory Accounting, Cost Control, Stock Reconciliation, Financial Reporting, ERP Systems

Matrix Energy logoMatrix Energy

Lubes Audit Officer

Ijebu North, Ogun State, Nigeria · On-site

Mid level

JOB SUMMARY The Lubes Audit Officer is responsible for ensuring timely and accurate fund confirmation, stock monitoring, product verification, and proper documentation of all lube-related activities. The role supports op…

Skills: Fund Confirmation, Stock Monitoring, Product Verification, Inventory Management, Financial Reconciliation

Matrix Energy logoMatrix Energy

CNG Business Development Manager

Port-Harcourt, Rivers State, Nigeria · On-site

Senior

Project Development & Execution Oversee the end-to-end development of the CNG business, from conceptualization through to commissioning. Engage and coordinate with contractors, consultants, and regulatory bodies to ensur…

Skills: Project Development, Commercial Development, Strategic Marketing, Contract Negotiation, Pricing Strategies

Matrix Energy logoMatrix Energy

Lubricants Commercial Manager

Warri, Delta State, Nigeria · On-site

Senior+

Job Description The Lubricants Commercial Manager is responsible for driving the commercial performance of the lubricant business through strategic planning, market expansion, pricing optimization, and management of key …

Skills: Strategic Planning, Market Expansion, Pricing Optimization, Customer Relationship Management, Sales Forecasting

Matrix Energy logoMatrix Energy

Brand, Design & Corporate Comms Officer

Lagos, Portugal · On-site

Entry level

Job Purpose The Brand Design & Corporate Communications Officer supports the development and execution of internal and external communication initiatives through visual design, content creation, branding, and employee en…

Skills: Graphic Design, Corporate Communications, Branding, Content Creation, Adobe Creative Suite

Matrix Energy logoMatrix Energy

Project Officer, Civil Works - Abdulkabir Aliu Foundation

Abuja, Federal Capital Territory, Nigeria · On-site

Mid level

Job Purpose: This role is responsible for overseeing and coordinating civil construction projects of AAF from planning to completion. This includes ensuring compliance with design specifications, safety standards, and pr…

Skills: Construction Project Supervision, Facility Management, Infrastructure Development, Vendor Contract Management, Site Inspection

Matrix Energy logo

Lubes Account Officer

Matrix Energy

Warri, Delta State, Nigeria • On-site

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Mid level

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  • Full-time
  • bachelor degree, professional certificate
  • Posted 4d ago
  • ~40 hrs/week

Responsibilities

Drive profitability and operational efficiency of the lubricants business through robust inventory control and accurate product costing. Ensure complete revenue capture and minimize financial leakages across production, warehousing, and distribution.

Requirements

Requires a Bachelor's degree in Finance or Accounting, preferably with a professional qualification like ACCA/ICAN. Candidates need 1-3 years of accounting experience in oil and gas, manufacturing, or FMCG sectors.

Full job description

JOB SUMMARY

To drive profitability and operational efficiency of the lubricants business by ensuring robust inventory control, accurate product costing, and complete revenue capture, while minimizing stock losses and financial leakages across production, warehousing, and distribution activities. through meticulous reconciliation and data analysis.






RESPONSIBILITIES AND ACCOUNTABILITIES
  • Inventory Accounting & Control: Maintain accurate records for bulk and packed lubricants across multiple warehouses and distribution points.
  • Stock Reconciliation & Variance Management: Perform daily, weekly, and month-end stock reconciliations between physical counts and ERP balances.

o   Investigate variances (production losses, handling losses, pilferage) and escalate unresolved issues promptly.

o   Track and report stock losses against approved thresholds.

  • Product Costing & Production analysis: Compute and maintain standard and actual product costs (base oil, additives, packaging, blending, logistics).

o   Analyze production variances and yield losses to support operational efficiency.

o   Support periodic review of cost assumptions and bill of materials (BOM).

  • Margin & Forecasting Analysis: Monitor product profit margins and prepare cost performance reports to support management in pricing and budgeting decisions.
  • Sales Reconciliation: Review and reconcile lubricant sales transactions across various channels to ensure all revenue is accurately captured and posted.
  • Receivables Management: Monitor customer balances and support the follow-up of outstanding receivables to ensure healthy cash flow.
  • Compliance & Financial Reporting: Prepare periodic financial reports on sales and stock positions, ensuring all records comply with regulatory standards and supporting annual audit processes. 
  • Data Integrity: Ensuring the accuracy and completeness of all inventory and financial data within the company’s ERP system.
  • Stock Loss Control: Monitoring and controlling stock losses to ensure they stay within approved company thresholds.
  • Valuation Accuracy: Ensuring lubricant inventory valuation aligns with established principles, such as FIFO (First-In, First-Out).
  • Audit Readiness: Maintaining meticulous documentation of all transactions to facilitate smooth internal and external audits.

 



Requirements

QUALIFICATION AND SKILL REQUIREMENTS

  • Bachelor's degree in Finance, Accounting, or a related field.
  • Professional qualification such as ACCA/ICAN or equivalent- completed or in progress
  • 1-3 years of experience in accounting roles within the oil and gas, retail manufacturing, or FMCG (Fast-Moving Consumer Goods) sectors.
  • Strong understanding of inventory accounting and cost control
  • Analytical mindset with the ability to detect anomalies and leakages
  • Proficiency in ERP systems (SAP, Oracle, or similar) and Excel
  • High attention to detail and strong reconciliation skills
  • Ability to work in a fast-paced, operational environment
  • Good stakeholder management (operations, depot staff, commercial teams)
  • Interested candidates must reside in Warri, Delta State.


Related keywords

LubesOil & GasFMCGSAPOracleACCAICANFIFOBill of MaterialsBOMInventory ValuationRevenue CaptureProduction VariancesYield LossesFinancial LeakagesStock Reconciliation

About Matrix Energy

LinkedInVisit site

Loyalty, Integrity & Professionalism

Industry
Oil and Gas
Company size
51-200 employees
Founded
2004
Headquarters
Lagos, Lagos
LinkedIn followers
41,413

Matrix Energy Limited is a wholly indigenous and rapidly growing integrated Oil Marketing and Trading Company in Nigeria. Incorporated November 25, 2004. Over the years, Matrix Energy has grown from a modest supply and distribution operation to a fully integrated petroleum products marketing and trading company with clients and suppliers all over the world, as such we are currently rated as a leader amongst other companies in the downstream and Logistics subsector of the Nigerian Economy.

Offices: 4, Ademola Street, Off Awolowo Road, Ikoyi, Lagos State, Lagos, Lagos 101251, NG · 9 Volta Street, Maitama, Federal Capital Territory, NG · Km 5, New Ode Itsekiri Road, Ifiekporo, Warri South LGA, Warri, Delta State., Warri, Delta, NG · Km. 3, Dumbin Dutse, Kaduna-Zaria Road, Zaria, Kaduna State., Zaria, Kaduna, NG · Steel Works Road, Tema Industrial Area, Tema Greater, Accra, Ghana., Tema Greater, Accra, GH

Oil and GasTerminal and StorageSales and MarketingSupply and TradingRetail MarketingLPGHaulageShippingExploration and Productionand Supply and Distributions
View all jobs at Matrix Energy

About Matrix Energy

LinkedInVisit site

Loyalty, Integrity & Professionalism

Industry
Oil and Gas
Company size
51-200 employees
Founded
2004
Headquarters
Lagos, Lagos
LinkedIn followers
41,413

Matrix Energy Limited is a wholly indigenous and rapidly growing integrated Oil Marketing and Trading Company in Nigeria. Incorporated November 25, 2004. Over the years, Matrix Energy has grown from a modest supply and distribution operation to a fully integrated petroleum products marketing and trading company with clients and suppliers all over the world, as such we are currently rated as a leader amongst other companies in the downstream and Logistics subsector of the Nigerian Economy.

Offices: 4, Ademola Street, Off Awolowo Road, Ikoyi, Lagos State, Lagos, Lagos 101251, NG · 9 Volta Street, Maitama, Federal Capital Territory, NG · Km 5, New Ode Itsekiri Road, Ifiekporo, Warri South LGA, Warri, Delta State., Warri, Delta, NG · Km. 3, Dumbin Dutse, Kaduna-Zaria Road, Zaria, Kaduna State., Zaria, Kaduna, NG · Steel Works Road, Tema Industrial Area, Tema Greater, Accra, Ghana., Tema Greater, Accra, GH

Oil and GasTerminal and StorageSales and MarketingSupply and TradingRetail MarketingLPGHaulageShippingExploration and Productionand Supply and Distributions
View all jobs at Matrix Energy

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