Our client is a major player in the upstream, and downstream segments of the petroleum sector. With a quality portfolio of oil and gas assets in Nigeria, our capabilities extend through upstream (exploration & production and drilling), downstream, trading of oil product, sub-surface engineering and data appraisal for geophysics and petroleum projects.

POSITION : Financial Accountant, Lagos
ROLE DESCRIPTION:

Responsible for the validity of all accounting reports. Ensures all laws and regulations are followed precisely when recording reports. Conducting audits or supporting external audits to stay updated on all of the financial activity to ensure finances are in order.

JOB DESCRIPTION:

Assist the CFO to develop and update accounting, finance and management policies and procedures in accordance with IFRS
Implement the accounting/finance and management policies using SAGE and to produce the monthly management accounts by the 15th working day of the month following the accounting period.
Propose yearend adjustments and preparing annual financial statements
Develop reports for CFO summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and assists the CFO with the preparation of strategic plans, budgets and financial forecast
Effective Cash Flow Management.
Monitoring budgets and comparing them with actual cost and revenues related to operation and capital.
Coordinating the Accounts Department and managing team effort
Reconciling control accounts and sorting out the discrepancies and making recommendations to CFO
Projects evaluation and appraisal/bidding.
Non – Current Assets Management.
Preparation of budgets and reports.
Preparation of other financial information for executive management use as required from time to time.
Liaising with the relevant statutory bodies – NEITI, Auditors, DPR etc.
Inventory Control & Treasury Management.
Cost management and costing system supervision.
Supervision of the internal control procedures and the continuous evaluation of its effectiveness.
Proposing yearend adjustment and preparing annual financial statements in compliance with IFRS
Reviewing and posting all processed transactions in Sage
Reviewing all taxes calculations and Bank Reconciliations
Ensuring well-kept filling system and data base for all financial information
Maintain and distribute accounting manual and ensure this is in compliance with IFRS and actual practices.
Formulating Group-Wide Controls and procedures and monitoring implementation
Liaising with the External auditors to ensure smooth audit timetable completion
Liaising with the banks and other financial institutions as and when required
COMPETENCIES REQUIRED

Heavy SEC reporting in background with strong technical accounting experience
Strong upstream, Exploration and Production accounting knowledge
IFRS, working capital, cash flow control and management accounts
Budget Preparation, financial forecasting, economic awareness and analysis
Ability to manage operations within budgetary constraints
Interpret financial data, auditing, and strategic thinking.
Strong interpersonal and communication skills; experience in
effectively communicating key data, including presentations to board,
investor groups or other outside partners
Qualifications
QUALIFICATION AND EXPERIENCE

Master’s Degree in Accounting, Finance and related courses
ICAN/ACCA and other professional memberships required
IFRS Certification
Strong upstream, Exploration and Production accounting experience
10+ years of progressively increasing responsibilities
Additional Information
Only qualified candidates will be contacted.



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