Finance Controller at Sterling Petrochemicals

Sterling Oil Exploration & Energy Production Company Ltd. (SEEPCO) is an indigenous company that ventured into Exploration and Production (E&P) business in the year 2005. SEEPCO participated in the 2005 bid round held by Department of Petroleum Resoucres (DPR) and was successful with license OML 143 (formerly OPL 280).

We are recruiting to fill the position below:

Job Title: Finance Controller

Location: Lagos
Employment Type: Full-time

Responsibilities

• Coordinating with Corporate Accounting Centre of Excellence (F&A COE) and overseeing accuracy of books of accounts, general ledger, trial balances, Financial Reports prepared by the F&A COE also supporting F&A COE to prepare the same.
• Preparation of the budgets and financial forecasts duly integrated with the Operational Plans, Field Development & Work Programmes compiled in consultation with various Engineering and Operations Departments.
• Primary responsibility for Budgetary Control and Forecasting accuracy management.
• Preparing and publishing in a timely manner monthly/quarterly/annual Financial Statements, Financial & Analytical Reports. Managing the accumulation and consolidation of all financial data necessary for accurate accounting of consolidated business and financial results based on data extracted from the Accounting Systems and well as associated Business Intelligence Systems.
• Developing financial strategy, including risk minimisation plans and opportunities forecasting.
• Financial Controllership and Financial Management of Business Operations for the relevant Strategic Business Units including Revenue, Profitability, Liquidity, Cost-efficiency, ROI, ROE, Turnovers, Forecasting accuracy management
• Close business partnering with the Engineering and Operations Departments to ensure excellent integration of Financial Planning and F&A Operations with Operational Plans and Work Programme/Operational Activities execution
• Build excel based financial and quantitative models to support business decisions making, cost-benefit analysis, scenario analysis, business and financial forecasting etc.
• Cash flow forecasting and management.
• Improving efficiencies and reducing costs across the business.
• Regulatory Compliances related to accounting standards, tax laws, corporate and economic laws, financial and banking regulations, forex regulations etc.
• Tax planning and tax compliances in coordination with Corp. Taxation Dept
• Establishment, monitoring and effective operation of internal controls systems.
• Fixed Assets Management and Inventory management in coordination with F&A COE and Procurement/Stores/Operations Departments.
• Coordinating with external and internal auditors/tax consultants/management consultants etc.
• Debtors and Creditors related payments tracking and management.

Qualifications / Requirements

• Chartered Accountant essential, additional post graduate qualifications in Business Management (e.g. MBA in Finance / Strategy / Marketing / Operations etc.) will be an additional advantage.
• Total Years of Experience: 12 - 15.
• Must have extensive experience in F&A Operations, Finance Business Partnering, Financial Controllership and Project Finance Management in large Oil and Gas Upstream Companies or large manufacturing/EPC Companies.
• Prior experience in a global Big 4 Audit & Consultancy Firm (KPMG, PWC, Deloitte, EY) or another large multinational audit firm like BDO, Grant Thronton etc. is highly desirable.
• Should be conversant with IFRS accounting Standards.
• Good Experience in working on ERP/Microsoft Office.
• Very good at usage of Microsoft Excel for Reporting, Analytics and Quantitative/Financial Modelling purposes.

Application Closing Date
31st May, 2023.

Method of Application
Interested and qualified candidates should send their CV to: careers@energy-mgt.com using "Finance Controller" as the subject of the mail.