Finance Manager (Oil & Gas) at Terra Energy Services Nigeria Limited

Terra Energy Services (TES) is an indigenous Engineering and Oil and Gas Service Company incorporated in Nigeria in 2001 with expertise in providing full-service integrated solutions to clients across the entire oil and gas value chain. We currently operate from our offices in Lagos and Port-Harcourt and aspire to become the leading provider of quality Oil and Gas Engineering Services in West Africa. At Terra Energy Services, we maintain a policy of creating a conducive environment for the attraction of the best qualified and motivated staff for performance enhancement.

We are recruiting to fill the position below:

Job Title: Finance Manager (Oil & Gas)

Location: Port Harcourt, Rivers

Job Summary

• We are seeking a Finance Manager with 5–7 years of experience in the oil and gas industry to oversee financial planning, budgeting, cost control, and compliance. 
• The ideal candidate will provide strategic financial guidance, ensure regulatory adherence, and support business growth through effective financial management.

Job Description

• Develop and implement financial strategies, policies, and procedures in line with company goals.
• Oversee budget preparation, financial forecasting, and cost control to optimize profitability.
• Ensure compliance with industry regulations, tax laws, and NOGICD Act 2010.
• Analyze financial statements, cash flow reports, and key performance indicators (KPIs) to provide insights.
• Develop risk management strategies for financial stability.
• Coordinate with project managers, procurement teams, and senior leadership on financial planning.
• Manage financial audits, ensuring accurate reporting and compliance with international standards (IFRS, GAAP).
• Lead financial modeling, investment analysis, and feasibility studies for new projects.
• Oversee tax planning, payroll management, and statutory remittances.
• Implement financial controls to prevent fraud and ensure financial integrity.
• Provide leadership to the finance team, ensuring continuous improvement and best practices.

Principal Accountabilities:

• Develop and maintain robust financial planning and reporting frameworks.
• Ensure compliance with NCDMB and other regulatory financial guidelines.
• Provide financial insights and data-driven recommendations to management.
• Optimize cost structures and improve financial efficiency.
• Manage relationships with banks, auditors, tax authorities, and financial stakeholders.

Academic Qualifications

• University degree/Higher National Diploma in Accounting, Finance, Economics, or a related field.
• Professional certification such as ICAN, ACCA, CFA, or CIMA is an added advantage.

Work Experience:

• 5 - 7 years of financial management experience in the oil and gas industry.

Technical/Leadership Skills:

• Strong knowledge of financial management principles, IFRS, GAAP, and taxation.
• Expertise in budgeting, forecasting, cost control, and financial analysis.
• Proficiency in financial software (SAP, Oracle, QuickBooks, or other ERP systems).
• Experience with NOGICD Act 2010 and financial compliance in the oil and gas industry.
• Strong understanding of risk management, internal controls, and audit processes.
• Ability to develop and execute financial models and business cases.
• Strong leadership and decision-making skills.

Key Skills:

• Advanced proficiency in MS Office (Excel, PowerPoint, Word, etc.).
• Strong analytical and problem-solving abilities.
• Excellent attention to detail and strategic thinking.
• Ability to work under pressure and manage multiple financial tasks.
• Strong organizational and documentation skills.

Soft Skills:

• Effective Communication
• Attention to Detail
• Problem-Solving & Decision-Making
• Collaboration & Teamwork
• Leadership & Strategic Thinking.

Application Closing Date
Not Specified.