Finance Manager at Bloomsford Associates Consultant

Bloomford Associates is a leading HR consulting firm dedicated to empowering organizations to unlock their full potential through strategic human resource management. With a team of experienced HR professionals, we offer tailored solutions that address the unique challenges faced by businesses across various industries. Our mission is to help organizations thrive by aligning their human capital strategies with their overall business objectives.

We are recruiting to fill the position below:

Job Title: Finance Manager

Location: Lagos
Employment Type: Full-time

Job Purpose

• Coordinate and provide leadership for all Budget & Planning activities
• Coordinate Company’s Crude Oil Stock, Nomination, sales, and Receipt of sales Proceeds.
• Coordinate, Supervise and Review all the department’s functions as may be carried out by all the staff of the department

Responsibilities

• Prepare monthly budget and performance status report for management
• Intervene and manage unresolved JV issues before they are escalated
• Attend external meetings and proceedings on Budget and Joint Venture Work program issues.
• Manage all the staff of the department to achieve the departmental goals.
• Identify the skills and talents in the staff of the department to be able to deploy for appropriate role
• Responsible for the timely preparation of management reports on a quarterly basis.
• Ensure regular allocation of funds for the statutory payments to government agencies; FIRS, NDDC, LIRS etc.
• Generate Monthly Cash Plan Statement for planning purposes
• Supervise and ensure prompt preparation of Monthly cash call request and submit to Joint Venture Partners
• Generate improvement report on budgeting and performance issues
• Ensure maximum approval of the JV expenditure with all Joint Venture Partners
• Oversee and monitor lifting details such as TBN, ETA, quantity, port of discharge and other documentation required of each lifting as submitted by COMD
• Own contractual agreements and ensure that all financials’ issues are well captured
• Deliver a Gas Sales Agreement which offers maximum value to Company
• Maintain a constant interface between the company and other government agencies, such as Joint Venture Partners, National Assembly etc.

Accountabilities

• Update management on any critical issues with any of the partner/regulatory stakeholders
• Represent the company at any deliberations on Joint Venture relationship issues.
• Manage relationship with other operators on a regular basis, to foster ideas and resolution of industry matters
• Motivate staff and develop team capability to deliver top quartile performance.
• Defend and secure adequate JV budget for the company based on the developed Work Plan.
• Generate monthly performance/expenditure report to the management

Key Performance Indicators (KPIS)

• Generate weekly cash-call management report by Tuesday of the following week
• Preparation of monthly performance/cash-call report for all the department’s latest by 10th of the following month
• Generate JV technical cost for the company.
• Hold weekly meeting (once) with members of the department
• Hold periodic meetings with the HODs to review annual budget and performance of the approved work program with Joint Venture Partners.
• Ensure that the departmental sub-com officers submit all invoices for performance rendition.

Qualification Requirements
Qualifications include:

• An experienced finance professional B.Sc. or HND in Social Sciences or related disciplines
• Professional certification such as ACA, ACCA, CPA, CIMA etc.

Skills and Experience:

• Ability to work and relate with non-finance line managers and staff
• Possession of good analytical skills and knowledge and experience of Joint Venture issues/matters
• Good communication, interpersonal and relationship management skills
• Ability to work under pressure and tight schedule to meet deadline
• Minimum of 10 years work experience in a Exploration and Production sector of the Oil & Gas industry.
• Sound knowledge of financial and management accounting, budget and performance management and other finance/business related issues
• Good knowledge of Microsoft Office suit and relevant budget/accounting software application.

Key Interface:
External:

• Jojnt Ventutre Partners
• NUPRC
• NASS
• NCDMB
• Other Oil Companies
• Contractors.

Internal:

• CFO
• All HODs
• Finance Team
• JV/Budget Team.

Direct Reports:

• All Budget & Finance Staff.

Salary
N30,000,000 - N35,000,000 Annually.

Application Closing Date
17th September, 2024.