Senior Finance System Analyst - ERP at Nigeria LNG Limited (NLNG)

Nigeria LNG Limited is a globally competitive LNG company helping to build a better Nigeria, incorporated as a private limited liability company on May 17, 1989 to harness Nigeria's vast natural gas resources and produce Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) for the domestic and export markets. We provide exciting career opportunities and an innovative work environment.

We are recruiting to fill the position below:

Job Title: Senior Finance System Analyst - ERP

Reference Code: FNS/2022/4/E
Location: Port Harcourt, Rivers 

Tasks

• To provide support to the Head, Treasury Back Office in planning, implementing, managing, coordinating and maintaining systems, strategies, operations and policies relating to Treasury payment operations for the NLNG group as related to Foreign currency payment operations for NLNG, thereby ensuring timely and efficient settlement of third party vendors, regulatory agencies, related parties, shareholders and staff;
• In compliance with the Company’s financial procedures, treasury objectives, contractual terms and conditions.
• Primarily responsible for all NLNG foreign currency payments.

Main Accountabilities

• Generate and execute all qualifying NLNG foreign currency payment activities, including carrying out all risk management practices as documented in the procedures and work instructions, to prevent loss of value to company resulting from fraud and other payment errors.
• Initiate and manage engagements with counterparties including International House Banks, Accounts Payable, Contracts & Procurement, and Business owners in handling and resolving issues / enquiries / queries related to processed invoices and payment execution, thus ensuring that Company only parts with value for goods and services confirmed as received and preventing penalties or charges that may accrue from breach of contractual terms due to late payment.
• Ensure timely resolution and clearing of outstanding bank reconciliation items, ensuring that open items are properly resolved and adequately disposed of, including the maintenance and update of issues logs covering returned payments, re-application of returned payments and all other payment related issues for tracking and reporting.
• Monitor and facilitate the closure of all audit action items, including internal and external audit items, management letter points and acting as focal for all payment related audit activities.
• Maintain proper records of transactions and filing of (electronic and hard copy) documents to ensure availability and accessibility, when required.
• Ensure full compliance with all policies and procedures and contractual terms and conditions in the payment process to prevent loss of value through fraud, incorrect / erroneous disbursements on all vendors’ foreign currency payments.
• Ensure that all vendors foreign currency payments are disbursed by contractual due date (100% for all critical suppliers / regulatory agencies and not less than 95% overall).

Requirements

• Bachelor’s Degree in related discipline at Second Class Lower Division (2.2) and above.
• Minimum of 5 years post-graduation work experience out of which 3 years should have been spent in finance function in a reputable organisation.

Application Closing Date
5th January, 2023.