Nestoil Group is Nigeria’s largest indigenous Engineering, Procurement, Construction and Commissioning (EPCC) Company in the Oil and Gas sector and has been a significant contributor to local content in the industry since inception about 30 years ago. See more Nestoil Limited Job vacancies Here >>
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Nestoil Group Recruitment is to fill the position below:
Job Title: Financial Controller
Location: Nigeria
Job Description
- We are looking to hire an experienced Financial Controller to join our diverse team in our company – Nestoil Limited.
- In this role you will be responsible for ensuring accurate reporting and analysis of company’s financial transactions.
- You will also be responsible for effectively managing the company’s financial resources as well as recommending strategies for managing operational costs and maximizing profits.
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Responsibilities
As a Financial Controller, your responsibilities are outlined below:
- Liaising with the Group CFO to develop/update and implement financial and accounting policies, procedures, and strategies across the Group
- Developing the company’s annual plans, budgets, forecasts, and financial performance metrics to guide business operations and strategy execution
- Establishing company-wide standards for system, data, and processes.
- Developing, updating, and guiding the implementation of finance SOPs across the group
- Designing and guiding the implementation of a sound accounting framework and compliance with tax and other statutory provisions
- Assisting in the development and maintenance of sound financial controls across the group’s operations
- Coordinating the proper capturing of financial transactions and consolidation of the company’s accounts from all business units and functions
- Preparing accurate, comprehensive, and timely financial and management information including tax, cash flow, management accounts and other statutory accounts
- Coordinating the preparation of the company’s financial reports
- Managing the statutory reporting process, including setting timetables and providing guidelines to operational finance teams across the Group. This includes supporting the year end Group accounts and annual review process
- Working with finance teams to ensure intra-group balances are regularly reconciled and variances fully investigated and resolved
- Maintaining ongoing liaison with relevant external bodies/contacts e.g. regulatory organizations, auditors, solicitors, banks etc.
- Preparing Letters of Credit for approval and forwards to the bank to facilitate the importation of products
- Overseeing the computation and remittance of taxes, payment of insurance premiums and other statutory fees
- Providing technical training, guidance and advise on financial accounting issues, developments, and trends
- Reviewing weekly reports submitted by various departments/functional units and presents timely reports to the Chief Financial Officer (CFO)
- Assisting the CFO in financial risk management and control
- Ensuring strict adherence to HSE policies and procedures and comply with safe work methods as required.
- Performing any other duty that may be assigned by Supervisor/line Manager.
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Requirements
What are we looking for?
- First Degree in Finance / Accounting / Economics
- A postgraduate degree will be an added advantage
- Relevant professional qualification e.g. Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA)
- A minimum of 10 years of relevant experience with at least 5 years at management level.
- Experience in finance, accounting, budgeting, and cost control principles.
- Sound knowledge of Generally Accepted Accounting Principles.
- Experience in financial management and ability to diagnose and solve complex financial problems
- Ability to analyze financial data and interpret financial reports, statements, and projections.
- Strong Integrity
- Competency in the use of automated financial accounting and reporting applications.
- Good knowledge of local and international financial regulatory standards.
- Intuitiveness and attention to detail
- Ability to communicate effectively
- Strong analytical and leadership skills.
- High level of integrity and objectivity
- Creates a culture of continuous improvement.
Application Closing Date
22nd June, 2023.
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How To Apply:
Interested and qualified candidates should:
Click here to apply online