Financial Controller at Petrogap Oil and Gas Limited

Petrogap Oil and Gas Limited was incorporated as a response to the emerging trends in the dynamic Oil & Gas industry. We are a wholly indigenous company and registered player in the Upstream, Midstream and Downstream sectors of the Oil & Gas industry.

We are recruiting to fill the position below:

Job Title: Financial Controller

Location: Victoria Island, Lagos

Job Responsibilities
Treasury:

• Maintain stewardship for financial assets and debt, including being in charge of cash management, debt management and investment management functions of the organization and its affiliated entities.
• Develop and implement daily, monthly and quarterly cash forecastingmodels.
• Present revised financial forecasts based on actual spend and the organisation's financial position.
• Responsible for financial investments and capital growth
• Advise on the organisation's reserves and investment policy
• Research and recommend financing alternatives, analyzing options and providing recommendations to the Management.
• Structuring debt arrangements with lenders, Managing corporate investments and Monitoring cash flow.
• Ensures the maintenance of corporate liquidity and financial stability.

Tax:

• Liaise with Tax Authorities, Auditors and other Regulatory bodies as regards preparation and filing of the Audited Financials and other Tax related matters.
• Ensuring prompt remittance and various statutory deduction i.e VAT, PAYE, CIT, Pension Fund etc.

Financial Accounting:

• Preparing Financial Statement in line with the IFRS standards.
• Responsible for the Asset and Liability Management.
• Preparing and Maintaining balance sheet schedules, ledgers, profit and loss statement, monthly and yearly financial statements and other reports
• Carrying out monthly bank account closing and analysis.
• Carry out bank reconciliation analysis and account audit
• Liaise with Bank on Transaction rates and Foreign Translation rate.
• Payroll administration and preparing of monthly sales reports for analysis.
• Developing and consolidating the departmental and organization’s budget.
• Periodic audit of departmental processes.
• Monitoring compliance in line with accepted accounting principles and company procedures.
• Developing, maintaining and implementing financial internal controls, policies and procedures.

Requirements

• First Class grade, minimum of 2:1 in BSc in Accounting or related discipline
• At least 5 years of relevant experience. Experience working in the Oil and Gas industry will be an added advantage.
• Knowledge of capital markets, accounting and business finance
• Accounting certification is required (ICAN, ACCA, ACA). Candidates in-view will be considered.
• Strong experience/knowledge in Financial Reporting, Taxation and IFRS is required.
• Strong financial acumen and analytical skills.
• Business acumen with a problem-solving attitude.

Application Closing Date
15th November, 2021.