Accountant (Petroleum Retail)

WTS Energy, headquartered in the Netherlands and established in 2000, is one of the leading Outsourcing & Workforce Management Companies to the Global Energy industry. WTS Supplies Manpower, Recruitment, Outsourcing Services in Africa, the Middle East, Europe and the Americas. WTS Energy works on all Energy projects, Oil & Gas and Renewables. We h…

Accountant (Petroleum Retail)

Key Responsibilities

• Reconcile daily station sales against POS reports, pump readings, cash collections, M-Pesa, card transactions, credit sales, and bank deposits.

• Ensure accurate recording of fuel, specialty products, convenience shop sales, and non-fuel income in Odoo ERP.

• Reconcile fuel and other inventory movements, investigate stock variances, and coordinate stock valuation with the Inventory/Costing Accountant.

• Verify station expenses, petty cash reconciliations, supplier documentation, and approved expenditure against budgets.

• Monitor customer receivables, credit sales, outstanding collections, and unbanked revenue, escalating discrepancies promptly.

• Reconcile electronic collections and ensure compliance with applicable VAT, eTIMS, and internal accounting requirements.

• Monitor product margins, inventory losses, non-fuel income, and potential revenue leakage.

• Prepare daily, weekly, and monthly sales, collections, stock variance, and financial performance reports.

• Support month-end closure, management accounts preparation, audits, and periodic stock counts.