Head of Finance at Ama-Zuma Group

Ama-Zuma Group is on the mandate to restructure the oil and gas arm of the business and to take full advantage of all available opportunities in the downstream sector. The company was founded on the basis of integrity and commitment to excellence.

We are recruiting to fill the position below:

Job Title: Head of Finance

Location: Abule-Egba, Lagos
Employment Type: Full-time

Job Description

• The group head of finance is responsible for managing the financial records of the Group.
• He is saddled with tracking cash flow and financial planning as well as analysing the company’s financial strengths and weaknesses and proposing corrective actions.

Specific Roles and Functions
The following are the specific roles and functions of this position:

• Preparation of individual and consolidated financial statements of the group of companies.
• Supervise the preparation of monthly management accounts for the three (3) subsidiaries
• Monitor monthly filing of VAT, PAYE, pension and other statutory filings
• Preparation and monitoring of monthly, quarterly, semi-annual and annual Budgets.
• Preparation of Internal Management accounts to show variance between actual and budget.
• Supervising the monthly bank reconciliation statements
• Signs and presents operating expenses such as trailer expenses, loading, clearing, trip allowance, etc. to the Group Managing Director for approval and authorization
• Supervising the posting of transactions into Sage
• Signs and presents staff salaries to the Group Managing Director for approval and authorization
• Supervising the reconciliation of sales and purchase of AGO, PMS and DPK.
• Supervising the reconciliation of the clearance, invoice and fueling of service clients
• Supervise and actively involved in all Bureau de Change transaction processing
• Monthly, quarterly, semi-annual and annual presentations of financial activities to the GMD
• Supervise and monitor all lead sheets flowing into the financial statements

Other Responsibilities:

• Meeting with external consultants on issues relating to tax, audit and other financial advisories
• Monitor and conduct profit and cost analysis of the trailer
• Supervise and monitor sales analysis on a monthly basis
• Develop secure procedures to maintain confidential information
• Ensure all accounting activities and internal audits comply with financial regulations
• Monthly, quarterly, semi-annual and annual presentations of financial activities to the GMD
• Supervise and monitor all lead sheets flowing into the financial statements
• Meeting with external consultants on issues relating to tax, audit and other financial advisories
• Conduct profit and cost analysis of the trailer
• Supervise and monitor sales analysis on a monthly basis
• Develop secure procedures to maintain confidential information
• Ensure all accounting activities and internal audits comply with financial regulations
• Understand and ensure daily follow up of AGO, PMS and DPK price

Requirements / Experience

• HND / Bachelor’s Degree / MBA
• 8 to10 years of relevant experience
• Fluent English language speaking and writing proficiency
• Excellent people management skills and a good team player
• Good planning and stress management skills
• Ability to work independently and execute tasks effectively
• Strong organization skills with attention to details
• Proficiency in Microsoft Office skills (Microsoft Office word, Excel PowerPoint, outlook, Sage)
• Professional Qualification( ICAN)
• Must be a Chartered Accountant.
• Oil & Gas downstream Experience is an added advantage.

Application Closing Date
31st July, 2023.