Fesmos International is a global engineering, maintenance, and procurement company with over 27 years of experience in the oil and gas industry.
We are recruiting to fill the position below:
Job Title: Financial Accountant
Location: Warri, Lagos
Employment Type: Full-time
Job Summary
- The Financial Accountant will be responsible for end - to - end financial management, including the preparation of accurate financial statements, internal audit functions, cost control, and compliance with regulatory and industry standards.
- The role requires strong analytical ability, excellent understanding of EPC / Oil & Gas financial operations, and the capacity to support and manage the organization in the absence of the MD.
- The Financial Accountant will also provide administrative oversight aligned with general operations responsibilities
Key Responsibilities
Financial Reporting, Strategy & Leadership:
- Develop and implement a comprehensive financial strategy aligned with the company’s operational and expansion goals.
- Provide strategic recommendations to the Managing Director and executive team.
- Lead financial planning, budgeting, and forecasting processes.
- Evaluate investment opportunities, project profitability, and return on capital.
- Prepare timely and accurate monthly, quarterly, and annual financial statements in line with IFRS & local regulatory requirements.
- Maintain the general ledger, ensuring proper classification and reconciliation of accounts.
- Monitor project accounting, including job costing, progress billing,work-in-progress (WIP), and project profitability analysis.
Establishment of Accounting Systems & Processes:
- Design and implement a standardized accounting system tailored to EPC operations.
- Introduce appropriate accounting software (ERP/financial tools) and digital financial workflows.
- Create and document financial policies, standard operating procedures (SOPs), internal controls, and reporting templates.
- Ensure proper record-keeping, cost tracking, contract accounting, and project-based financial management.
- Support management decision-making through financial modelling, variance analysis, and scenario planning.
Financial Operations, Internal Control & Compliance:
- Oversee daily finance and accounting functions across all business units.
- Manage accounts payable, accounts receivable, bank reconciliations, and intercompany transactions.
- Manage relationships with auditors, tax authorities, regulatory bodies, and financial institutions.
- Implement strong internal controls to prevent fraud and financial misstatements.
- Conduct regular internal audit reviews across finance and operational processes to ensure compliance with internal controls.
- Ensure compliance with tax laws, pension regulations, statutory filings, and industry - specific requirements (e.g., DPR / NUPRC financial submissions).
- Liaise with external auditors, tax consultants, and regulatory agencies.
Cash Flow, Treasury & Risk Management:
- Monitor and manage cash flow, working capital, and liquidity needs.
- Oversee payroll, vendor payments, and client invoicing to maintain healthy financial cycles.
- Identify financial risks and develop mitigation strategies.
- Advise on foreign exchange, credit exposure, and funding requirements.
- Manage banking relationships, fund transfers, and liquidity planning.
Project Finance & EPC Cost Control:
- Implement project-based financial monitoring and reporting for all engineering and construction activities.
- Work closely with procurement, operations, and project managers to control project costs.
- Track job costs, material procurement expenses, subcontractor payments, and milestone-based billing.
- Support bidding and tendering processes with accurate cost projections and financial models.
- Review vendor contracts, purchase orders, project budgets, and financial terms to ensure compliance and cost efficiency.
Leadership & Team Development:
- Build and manage the finance and accounting team as the company grows.
- Train staff on standards, procedures, and financial systems.
- Foster a culture of accuracy, accountability, and operational excellence.
- Contribute to policy formulation, business planning, and operational improvement initiatives.
Qualifications & Experience
- Bachelor’s degree in accounting, Finance, Economics, or related field (MBA preferred).
- ACA / ACCA or similar professional certification required.
- Minimum of 5 years progressive financial leadership experience in EPC or oil & gas companies.
- Strong knowledge of Nigerian financial regulations, taxation, and industry standards.
- Experience in setting up financial systems and processes from scratch is essential.
- Proficiency in ERP solutions (e.g., SAGE 300), project accounting tools, and advanced financial modeling.
Key Competencies:
- Strong analytical and strategic-thinking abilities.
- High integrity and commitment to transparency.
- Excellent leadership, communication, and interpersonal skills.
- Ability to thrive in a fast-growing, dynamic operational environment.
- Strong organizational discipline and attention to detail.
Expected Outcomes in the First 12 Months:
- Establishment of a fully functional accounting system and workflow.
- Complete financial SOPs and internal control framework.
- Monthly and quarterly financial reporting structure.
- Enhanced cost-control measures across all EPC projects.
- Improved financial visibility for executive decision - making.