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Finance Manager at an Oil and Gas Company - Sigma Consulting Group

Posted on Thu 08th Oct, 2020 - hotnigerianjobs.com --- (0 comments)


Sigma Consulting Group - Our client, a major player in the Upstream and Downstream sectors of the Nigerian Oil and Gas Industry, is currently seeking innovative, passionate and solution-driven professionals to fill the position below:

Job Title: Finance Manager

Location: Akwa Ibom
Job Type: Full Time

Job Objectives

  • Manage and oversee the finance functions of the organization.
  • Maximize bottom line opportunities for organizational businesses
  • Ensure development, implementation and continuous review of financial policies and procedures to ensure existence of internal controls.
  • Provide maximum leadership support in treasury management, planning and reporting
  • Managing and investing large monetary funds on behalf of the organization.
  • Enable the company's leaders to make sound business decisions and meet the company's objectives.
  • Steer the financial direction of the business, and undertakes all strategic financial planning and reporting to stakeholders.
  • Analyze every day liquidity activities and subsequently provide advice and guidance to upper management on future financial plans.
  • Develops/coordinates the liquidity cycle of all entities of the company.
  • Understand and manage all aspects of cash flow, prepare forecasted weekly/monthly cash requirements and execute management financing decisions.
  • Coordinate the preparation of bank reconciliation statements to ensure all items are captured correctly and display understanding of the Company's bank reconciliation process based on the accounting package.
  • Remain current regarding all accounting developments relevant to the Company's financial reporting and managing the implementation of any new pronouncements.
  • Provide any other support and analysis as may be required by the CFO.
  • Forecast upcoming working capital needs of the company.
  • Build process domain expertise across global function(s) work with key stakeholders to deliver business goals and objectives in Amazon Energy Group.

Responsibilities

  • Ensure that the subsidiary companies' Finance/Accounts and treasury functions are consistent with Internationally Accepted Accounting Practices and with the Group Accounting Policy
  • Provide everyday cash position, estimate and analysis.
  • Elicit and analyze proposals for banking and financing services
  • Provide everyday cash position, estimate and analysis.
  • Ensure timely completion and submission of periodic and annual financials
  • Ensure that the unit's Treasury functions are carried out in line with the company's Policy - proper investment of surplus funds
  • Manage an appropriate finance control framework and ensure consistent application across the organization
  • Manage collection, handling & payout of cash.
  • Monitor bank transactions & bank relationship management.
  • Develop strategies to optimize the company's cash position
  • Provide financial advice on the company's short, medium and long term cash/ funding/ risk situation to the Chief Operating Officer and Management
  • Implement Management financial policies in line with approved financial procedures and generally accepted Financial / Accounting practices and statutory requirements
  • Facilitate annual budgeting and forecasting for the company, across all subsidiaries
  • Review all cash flow statement to ensure accuracy and consistency
  • Liaise with financial planning & reporting manager
  • Supervise record keeping, daily reconciliation & booking all cash and bank transactions into accounting software.
  • Manage bank and creditor relationship.
  • Manage fund raising, liquidity assurance, investments appraisal and capital allocation.
  • Assist in the preparation of monthly management accounts
  • Prepares the monthly, quarterly and yearly financial reports and ensure the accuracy and efficiency of IFRS reporting.
  • Support in the preparation of balance sheet reconciliation and provide monthly reconciliation on selected accounts.
  • Manage all company loans and borrowings.
  • Develop, monitor and upgrade Treasury department budget.
  • Prepare analysis of Company's liquidity position and advise the Financial Accountant on the usage of Free Cash at her disposal.

Qualifications
Education:

  • Must possess at least a Bachelor's Degree in Accounting, Finance, Economics or any related discipline.
  • Master's Degree and Professional Certification (ICAN, ACCA, etc.) would be an added advantage.

Experience:

  • Must have a minimum of 7 years post-graduation experience with at least 3 years in a senior finance / treasury position in a reputable company preferably in an Oil / Gas company.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online


  

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