17 Feb 2016

Full-Time Job vacancy for Financial Controller

Toni AdewunmiLagos, Lagos, Nigeria

Job Description

Position: Financial Controller
Location: Lagos
Department: Finance
Salary: Negotiable
Reports to: Chief Financial Officer
Supervises: Senior Finance Manager, Financial Accountant, Joint Venture Accountant
We are currently working with a Leading E&P Company for the Oil & Gas Sector in Nigeria for an urgent search for a Financial Controller.

Purpose of the Job:
The Financial Controller oversees all accounting and financial reporting operations for the group, and manages the finance team. The jobholder works closely with the Chief Financial Officer, contributes to developing and implementing the group’s financial strategy, works with external auditors for periodic audits and reviews, and is charged with the development and management of internal controls.

Principal Duties:
Must be efficient In Financial Management, Accounting & Financial Reporting, Strategy Planning & Budgeting, Internal Control, Compliance & Audit Management and Stake Holder Relationship Management
Role Responsibilities:
• Collaborate with the Joint Venture Accountant in managing all Joint Venture accounting functions for all assets.
• Monitor Joint Venture cash calls and billings to ensure compliance with approved Joint Venture work programmes and budgets.
• Manage and monitor authorizations for expenditure as per the normal Joint Venture accounting process.
• Identify and evaluate areas for improvement of profit with particular regard to cost reductions and methodology.
• Support the Group in researching factors that impact business performance including cost and income drivers.
• Provide value added financial management information to facilitate decision-making.
• Liaise with the Finance Management team for effective financial management and as required.
• Support the Chief Financial Officer with managing treasury related activities including cash flow forecasting.

• Design, implement, review and maintain accounting systems.
• Review and ensure accuracy of accounting records.
• Produce accurate and timely monthly management accounts, statutory financial statements for each legal entity and the Company financial statements.
• Report to the Budget committee on variances from the established budget, and the reasons for those variances.

• Support the Executive team in the formulation of its overall strategic direction.
• Produce and monitor annual budgets, reforecasts and business plans for the Company.

• Oversee internal operating controls, processes and practices.
• Develop, implement, review and maintain adequate and effective internal controls.
• Plan and perform operational and financial audits in preparation for the external auditors.
• Oversee and ensure external audits are smoothly and efficiently run.
• Monitor and ensure adherence to policies, procedures and regulations.
• Establish and maintain corporate accounting policies, procedures and internal controls.
• Develop and implement policies and procedures to drive efficient, accurate closing and reporting.
• Monitor and ensure compliance with all applicable laws, rules, and regulations.

• Support the business in dealing with the National Petroleum Investment Management Services, Department of Petroleum Resources and other relevant government agencies.

• Manage the finance team and its activities.
• Manage performance; facilitate development; coach and supervise the team.

• Provide high level support to the Chief Financial Officer.
• Perform all other duties that are necessary and reasonably attached to the Financial Controller position and the fulfilment of its responsibilities.
• Any other responsibilities as assigned by the Chief Financial Officer.

Key Performance Indicators:
• Smooth management of Joint Venture accounts and budgets
• Timely and smooth close-out of annual and mid-year audit reviews.
• Consistent and healthy cash balance levels.
• Timely approval of annual budgets from Management, Partners and Stakeholders.
• Timely, consistent and accurate financial statements and reports.

• Bachelor’s degree in Accounting or a related field.
• Master’s degree in Accounting or a Business discipline preferred.
• Professional accounting qualification e.g. ACA, ACCA, CPA.

• Minimum of 12 years progressive finance and accounting experience including managerial experience, financial reporting, preparation of financial statements, budgets and forecast in an exploration and production company.
• Strong experience in the oil and gas industry (exploration and production only) will be an advantage.
• Experienced in debt financing and mergers & acquisitions.

• Financial Accounting and Reporting with sound knowledge of IFRS, applicable standards and statutory requirements (especially for the oil and gas industry and listed companies).
• Management Accounting.
• Financial Management.
• Strategic Planning & Management.
• Business Acumen.
• Internal Control & Audit.
• Analytical, problem solving and decision making skills.
• Managerial and Leadership Skills.
• Relationship Management.
• Communication
• Team work and Cross-functional Collaboration.
• Proficient use of MS Office suite and Accounting Systems e.g. SUN; advanced MS Excel skills.

Personal Qualities:
• Integrity and ethics; sound judgement; self-starter with high energy level; detail-oriented; able to handle pressure; proven team leader.
• Displays a quality of work that reflects high professional standards, and projects a professional and positive image at all times.
• Willingness and ability to travel domestically and internationally, sometimes with short notice, 50 – 70% of the time.
All applications should be sent in word format with subject as Financial Controller to ed@energitalent.com

Application Deadline:

Job Categories: Financial Jobs. Job Types: Full-Time. Job expires in Endless.

Apply for this Job