Our Client is a prominent player in the Nigerian Oil and Gas industry, the company’s operations span across major businesses in the Oil and Gas value chain. Presently recruiting for its expanding business in Lagos.

To ensure accurate reporting of Client’s financial transactions/position and support effective management of the company’s financial resources.
Develops and maintains a system of financial policies, procedures and controls for efficient financial management 
Manages bank balances, interest income and expenses 
Verifies payment requisitions for compliance with laid down controls 
Develops measures or controls to ensure that all financial transactions are accurately captured and reported  
Implements measures to ensure that the company’s receivables are effectively monitored and are kept to the minimum 
Reviews periodic financial reports submitted by relevant departments/units and presents timely reports to Executive Management through the Group Head, Finance 
Enforces policies and procedures to ensure that the company’s liabilities are minimised and payments promptly settled in line with agreed terms.
Manages the intercompany accounting process 
Approves monthly payroll for employees and outsourced personnel/service providers 
Oversees the preparation of regular financial accounts  
Performs a monthly preparation of Client’s liquidity position report.                                                            Establishes measures that ensure prompt preparation of required reconciliations, reviews reports for accuracy and to ensure that un-cleared and/or outstanding items are investigated.
Supervises the fixed asset management process.                                                                                      Establishes procedures to secure, account for and monitor the acquisition, movement and disposal of fixed assets across the group. 
Oversees the deduction and remitting of deductibles e.g. Pension Funds, PAYE  
Computation and remittance of tax liabilities to the appropriate regulatory bodies 
Coordinates the statutory reporting process and preparation of the Group annual returns 
Approves accruals and adjustments on erroneously posted financial transactions into the financial system 
Responds to relevant requests from financial institutions.

Minimum of 10 years relevant experience, 3 of which must have been in a Management position of an organisation, interfacing with the Executive team and Financial partners

Minimum of a first degree in Accounting, Finance, Economics or any related discipline

Relevant professional certifications e.g. Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent

Experience of statutory financial reporting and knowledge of GAAP, IFRS Desirable:

MBA or Master’s degree in a related discipline

Skills
Financial management, accounting, analysis      
Financial reporting and budgeting      
Accounts reconciliation      
Cost and revenue management      
Payables and debtor / receivables management      
Fixed asset management      
Financial modelling and analysis      
Management accounting 
Knowledge of relevant ERP Accounting applications e.g. SAP, 
Oracle 

Competencies
Communication (Verbal and Written)      
Leadership       
Attention to detail      
Problem solving and analytical      
Team development and management 

Key Performance Metrics 
Performance Area- Accounts Management
Performance Measures/Indicators  
▪ Integrity of physical and electronic accounting information 
▪ Timely resolution of accounts discrepancies 
▪ Timely reconciliation of accounts 
▪ Number of timely losses identified 

Performance Area- Reporting 
Performance Measures/Indicators
▪ Feedback from external auditors & Regulators 
▪ Timeliness, completeness and accuracy of  financial reports  
▪ Level of usage of management reports for decision-making 
▪ Completeness of fixed assets inventory/register 

Performance Area- Statutory Compliance 
Performance Measures/Indicators
▪ Number of defaults recorded in payment of Tax, Pension 
remittance and other statutory payments 
▪ Ratio of compliance cost to company’s revenue 

Performance Area- Asset and Fund Management 
Performance Measures/Indicators
▪ Accuracy and  of fixed asset records 
▪ Effective Monitors of income and expenditure 
▪ Accuracy of ledgers for accounts – Payables, Receivables etc.

Competitive renumuneration