Manager, General Accounts & Control at Oando Plc

Oando Plc is one of Africa’s largest integrated energy solutions provider with a proud heritage. It has a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP).

We are recruiting to fill the position below:

Job Title: Manager, General Accounts & Control

Location: Lagos
Employment Type: Full-time
Reports to: Division Manager, Financial Reporting & Non-E&P Entities
Supervises: Assistant Manager, General Accountant, Senior Accountant
External Contacts: External Auditors, Facilities agents of lenders (Senior Secured Facility and Corporate Facility)

Job Purpose

• Primarily responsible for finalisation of statutory accounts and the ownership of accounts within the Upstream division of Oando PLC.
• To ensure adherence to International Financial Reporting Standards (IFRS) and the Companies and Allied Matters Act (CAMA), which are due on a monthly, quarterly, and annual basis. Manage audits and external verification of the books of company
• The role is also responsible for supervising and reviewing the outputs of three financial reporting accountants assigned to subsidiaries within and outside Nigeria.

Scope of Responsibility & Accountability

• Second-level supervisor—supervise financial reporting accountants.
• Work with little supervision and the ability to ensure minimal errors in preparing all reports.
• Present financial analysis and evaluation of periodic financial information.
• Ensure compliance with local rules and regulations with respect to disclosures for private and publicly traded entities.
• Perform an in-depth assessment of new accounting standards and their relevance and impact on the group’s accounting policies.
• Actively drive the implementation of adequate internal controls over the financial reporting process. Recommend suggestions for improvement to the Head of Dept
• Coordinate the provision of audit requirements to the external auditors during periodic reviews and year-end audits.

Major Responsibility Area
Essential Function:

• Coordinate support for the month-end and quarterly close in line with listing requirements
• Managing audit requirements with external auditors for the consolidated entities.
• Supervise General Accountants, Senior Accountants, and Assistant Managers.
• Review, consolidate, and recommend actions for key reconciliations done by the Financial Reporting accountants.
• Approve key reconciliations/schedules for internal reporting requirements, including financial results used in the Group Leadership Council and Board package.
• Support the Division Manager, Financial Reporting & Non-E&P Entities, and CFO in the preparation of relevant financial reports to monitor performance and support decision-making.
• Coordinate the activities and inputs of other Finance work streams to ensure the correctness and completeness of the reports.

Non-Essential Function:

• Oversee support and assistance on tax audits.
• Support the JV accounting team on the treatment of complex transactions

Key Performance Indicators:

• Review and approval of monthly, quarterly, and annual consolidated financial reports with strict adherence to agreed deadlines.
• Ensure timely completion of audits and reviews.
• Effectiveness of internal controls over financial reporting.
• Ensure financial statements and disclosures are in line with IFRS.
• Balanced Consolidated FS.

Job Specification

• Strong Accounting Background - Good Accounting Degree.
• Membership of a recognised Accounting Professional Body (ACA/ACCA/CPA)
• Working experience of 11 years, of which a minimum of five years’ experience in a Big 4 audit and accounting firm, would be an advantage.
• Good knowledge of IFRS and, particularly, consolidation.

Core Competencies:

• Strong and effective Interpersonal Skills
• Good knowledge of IFRS
• Preparation of statutory financial statements
• Oil and Gas Accounting
• Working Knowledge of the Oil and Gas Industry, PSC, and Joint Venture Arrangements
• Computer Skills - Microsoft Office and Accounting software
• Ability to think strategically and holistically, and provide direction and coaching to the team.

Application Closing Date
Not Specified.