Rainoil Limited is a leading downstream oil marketing company; primary products which include (PMS), Diesel (AGO) and Kerosene (DPK). Rainoil Limited was incorporated in November 1994, commencing operations in May 1997. In 1999, Rainoil Limited acquired its first service station. Rainoil’s operations currently span across the downstream value chain i.e. Tank Farm Storage, Petroleum Product Haulage/Distribution and Bulk/Retail Sales Operations. : From one service station, the company’s assets/facilities have grown over the last 17 years to include: • An ultra-modern multi-product storage depot with a combined capacity of 50 million litres in Oghara, Delta State; with a proximally located, exclusive Jetty which • 29 retail outlets strategically located in major cities such as Lagos, Abuja, Kaduna, Port Harcourt, Enugu, Onitsha, Asaba, Makurdi, Sapele etc. • A fleet of 75 tank trucks for petroleum product distribution • 3 shipping vessels We purchase products from PPMC and also import from reputable off-shore suppliers such as Glencore Energy UK Limited and VITOL. To drive efficient delivery of products to our national network of retail outlets and customers we utilise our fleet of tank trucks. Rainoil maintains an active involvement in petroleum product distribution in the Lagos market via purchases from other marketers e.g. Oando Marketing Plc, Folawiyo Energy Limited and Sahara Energy Limited. Rainoil has finance facilities in excess of USD170million from different banks for importation of petroleum products. With a staff strength of over 500 trained personnel, we have developed a strong track record of quality product and service delivery.
Job Summary
To manage the petty cash inflow and outflow of Rainoil’s stations and depots as well as maintaining accurate records/books on transactions.
Roles & Responsibilities
Facilitate the availability of funds to meet day-to-day operational petty cash expenses and emergencies.
Maintain records to allow easy disbursement, reconciliation, and replenishment.
Process expense retirement ledgers to ensure proper accountability of all cash advances.
Create and maintain records of cash requests and disbursements.
Reconcile all received cash, which has been recorded in the petty cash book, with expenses.
Process payment for accounts and issuing receipts.
Maintain accurate records of all income and expenses, and regularly reconcile the cash balance against these records.
Collect money from the bank for safekeeping before reimbursements.
File all documents concerning cash payment and collection.
Respond to queries regarding approvals, payment limits and deadlines for retirement etc.
Prepare daily and weekly collections and payment summary reports for review by the station supervisor.
Requirements
A minimum of an HND/BSc. in accounting, economics or Finance
Minimum of One year’ relevant experience
Proficiency in use of Microsoft Office Suite applications
Honesty, commitment, hardworking and self-motivation.