Chief Financial Officer (Audit Experience) at an Oil and Gas Company - Oasis Africa Consulting Limited

Oasis Africa Consulting Limited - 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 and they are presently recruiting fit for purpose professsional.

They are recruiting to fill the position below:

Job Title: Chief Financial Officer (Audit Experience)

Location: Jakande, Lekki, Lagos
Employment Type: Full-time

Job Description

• To achieve cost-effective utilization of and accounting for Promenade’s financial resources, through the definition and enforcement of Financial Standards, Policies and Procedures.
• Engages Executive Management and the appropriate Board Committee to develop short, medium, and long-term financial plans and projections
• Develops and utilizes financial models and activity-based financial analysis to provide a basis for investment decisions and business planning
• Manages key banking relationships to facilitate proper, timely and cost-effective funding of business operations
• Develops and maintains a system of appropriate financial policies, procedures and controls to ensure efficient financial management
• Monitors all third-party payments to ensure that such payments are justified by the value of work successfully completed and are in alignment with the approved budget.
• Oversees the preparation and communication of timely, accurate, and useful financial and management reports for investors/lending institutions and Promenade’s management on a periodic and /or ad-hoc basis.
• Raises funds as approved by the Board of Directors, to finance Promenade’s activities.
• Implements a sound accounting framework in compliance with statutory provisions
• Develops and implements a robust and reliable financial reporting system in compliance with statutory requirements
• Works to ensure that adequate controls are in place to facilitate seamless payment system
• Puts in place measures or controls to ensure that all financial transactions are accurately captured and reported
• Approves accruals and adjustments on erroneously posted financial transactions into the financial system
• Liaises with external auditors to discuss and resolve queries as they arise to ensure seamless audit exercise
• Develops and manages relationships with relevant external bodies / contacts e.g. regulatory organizations auditors, solicitors, banks etc.
• Responds to relevant requests from financial institutions
• Approves payrolls along with the Head - Human Capital to facilitate payment to staff
• Manages the company’s payroll system
• Advises executive management on changes in financial regulations, legislation and government tariffs
• Manages Promenade’s treasury assets to achieve optimal sourcing, application and growth of funds
• Provides technical training, guidance and advise on financial accounting issues, developments and trends to other business or departmental heads
• Manages day-to-day accounting transactions and provides leadership to Promenade’s
• Finance Department
• Manages the performance of staff in the Finance Department
• Reviews and approves the Annual Leave schedule for staff of the Finance Department
• Reviews weekly financial reports submitted by relevant departments/units and presents timely reports to the Board of Directors
• Coordinates the preparation of the company’s financial reports and statutory reporting process
• Oversees the preparation of regular financial accounts and management accounts

Qualifications

• Minimum of Bachelor's Degree in Accounting, Finance, Economics or any related discipline
• Minimum of twelve (12) years relevant experience, 5 of which must have been in an Executive Management position of an organization, interfacing with the Executive team and Financial partners
• Relevant professional certifications e.g. Chartered Financial Analyst (CFA) , 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 is an advantage.

Remuneration
Pay is Competitive.

Application Closing Date
Not Specified.