Accountant at an Oil and Gas Company - Tati Consults

Tati Consults - Our client in the Oil and Gas sector is recruiting to fill the position below:

Job Title: Accountant

Location: Lagos

Responsibilities
Financial Reporting and Analysis:

• Prepare accurate and timely financial statements, reports, and forecasts to support decision-making and ensure compliance with internal and regulatory standards.
• Analyze financial data to identify trends, variances, and opportunities for cost optimization or revenue growth.

Budgeting and Cost Control:

• Assist in the preparation and management of annual budgets, ensuring alignment with organizational goals and financial targets.
• Monitor and control operational and project costs, ensuring adherence to budget constraints and identifying cost-saving initiatives.

Compliance and Regulatory Adherence:

• Ensure all financial activities comply with local regulations, corporate policies, and industry standards.
• Coordinate with external auditors for timely and accurate audits, addressing any discrepancies or issues identified.

Accounts Management:

• Manage accounts payable and receivable, ensuring timely and accurate processing of invoices, payments, and receipts.
• Reconcile accounts and resolve any discrepancies, ensuring financial data integrity.

Cash Flow Management:

• Monitor cash flow and manage liquidity, ensuring that the company maintains sufficient funds for day-to-day operations.
• Support the management of bank relationships and financing arrangements to optimize cash flow.

Financial Forecasting and Budget Reporting:

• Assist in creating financial forecasts based on current and future business activities, ensuring the accuracy of projected revenues and expenditures.
• Provide detailed reports to senior management on financial performance, highlighting key metrics and suggesting corrective actions when necessary.

Tax:

• Calculate and oversee tax liabilities in relation to CIT, EDT, WHT, VAT, and PAYE.
• Liaise with the relevant tax authorities and attend meetings when required.

Requirements

• Minimum of 7 years’ experience in a similar role.
• Strong understanding of financial accounting, reporting, and budgeting principles.
• Familiarity with Nigerian tax laws, regulations, and compliance requirements.
• Advanced proficiency in Excel is essential, including skills in data analysis, financial modeling, pivot tables, and complex formulas, alongside familiarity with financial software and systems such as ERP.
• Proven experience in financial accounting, reporting, and cost management, preferably in a similar industry.
• Experience with audits, budgeting, and cash flow management.
• Previous experience collaborating with cross-functional teams (Sales, Operations, Procurement).
• Strong analytical and problem-solving abilities.
• Excellent attention to detail and accuracy in financial data management.
• Ability to manage time effectively, prioritize tasks, and meet deadlines.
• Strong communication and interpersonal skills for collaboration and reporting.
• Proficient in financial reporting and software tools.
• Calculate and oversee tax liabilities in relation to CIT, EDT, WHT, VAT, and PAYE.
• Liaise with the relevant tax authorities and attend meetings when required.

Application Closing Date
4th February, 2025.