Finance Manager at an Oil and Gas Company - Sigma Consulting Group

Sigma Consulting Group - Our client, a major player in the Upstream and Downstream sectors of the Nigerian Oil and Gas Industry, is currently seeking innovative, passionate and solution-driven professionals to fill the position below:

Job Title: Finance Manager

Location: Akwa Ibom
Job Type: Full Time

Job Objectives

• Manage and oversee the finance functions of the organization.
• Maximize bottom line opportunities for organizational businesses
• Ensure development, implementation and continuous review of financial policies and procedures to ensure existence of internal controls.
• Provide maximum leadership support in treasury management, planning and reporting
• Managing and investing large monetary funds on behalf of the organization.
• Enable the company's leaders to make sound business decisions and meet the company's objectives.
• Steer the financial direction of the business, and undertakes all strategic financial planning and reporting to stakeholders.
• Analyze every day liquidity activities and subsequently provide advice and guidance to upper management on future financial plans.
• Develops/coordinates the liquidity cycle of all entities of the company.
• Understand and manage all aspects of cash flow, prepare forecasted weekly/monthly cash requirements and execute management financing decisions.
• Coordinate the preparation of bank reconciliation statements to ensure all items are captured correctly and display understanding of the Company's bank reconciliation process based on the accounting package.
• Remain current regarding all accounting developments relevant to the Company's financial reporting and managing the implementation of any new pronouncements.
• Provide any other support and analysis as may be required by the CFO.
• Forecast upcoming working capital needs of the company.
• Build process domain expertise across global function(s) work with key stakeholders to deliver business goals and objectives in Amazon Energy Group.

Responsibilities

• Ensure that the subsidiary companies' Finance/Accounts and treasury functions are consistent with Internationally Accepted Accounting Practices and with the Group Accounting Policy
• Provide everyday cash position, estimate and analysis.
• Elicit and analyze proposals for banking and financing services
• Provide everyday cash position, estimate and analysis.
• Ensure timely completion and submission of periodic and annual financials
• Ensure that the unit's Treasury functions are carried out in line with the company's Policy - proper investment of surplus funds
• Manage an appropriate finance control framework and ensure consistent application across the organization
• Manage collection, handling & payout of cash.
• Monitor bank transactions & bank relationship management.
• Develop strategies to optimize the company's cash position
• Provide financial advice on the company's short, medium and long term cash/ funding/ risk situation to the Chief Operating Officer and Management
• Implement Management financial policies in line with approved financial procedures and generally accepted Financial / Accounting practices and statutory requirements
• Facilitate annual budgeting and forecasting for the company, across all subsidiaries
• Review all cash flow statement to ensure accuracy and consistency
• Liaise with financial planning & reporting manager
• Supervise record keeping, daily reconciliation & booking all cash and bank transactions into accounting software.
• Manage bank and creditor relationship.
• Manage fund raising, liquidity assurance, investments appraisal and capital allocation.
• Assist in the preparation of monthly management accounts
• Prepares the monthly, quarterly and yearly financial reports and ensure the accuracy and efficiency of IFRS reporting.
• Support in the preparation of balance sheet reconciliation and provide monthly reconciliation on selected accounts.
• Manage all company loans and borrowings.
• Develop, monitor and upgrade Treasury department budget.
• Prepare analysis of Company's liquidity position and advise the Financial Accountant on the usage of Free Cash at her disposal.

Qualifications
Education:

• Must possess at least a Bachelor's Degree in Accounting, Finance, Economics or any related discipline.
• Master's Degree and Professional Certification (ICAN, ACCA, etc.) would be an added advantage.

Experience:

• Must have a minimum of 7 years post-graduation experience with at least 3 years in a senior finance / treasury position in a reputable company preferably in an Oil / Gas company.

Application Closing Date
Not Specified.