Financial Manager Job at Nestoil Group

Job Title: Financial Manager
Location: Nigeria

Job Description

• We are looking to hire an experienced Finance Manager to join our diverse team in our Company – Nestoil Limited.
• In this role, you will ensure accurate reporting and analysis of the 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 Manager you will be responsible for:

• Liaising with the Financial Control (FC) to develop/update and implement financial and accounting policies, procedures, and strategies across the Group
• Supporting the development of the Group’s annual plans, budgets, forecasts and financial performance metrics to guide business operations and strategy execution
• Working with the FC to establish company-wide standards for system, data and processes. Develop, update, and guide 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
• The development and maintenance of sound financial controls across the group’s operations
• Coordinating 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 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 on-going liaison with relevant external bodies/contacts e.g., regulatory organisations, auditors, solicitors, banks etc.
• Preparing “Letters of Credit” for approval and forwards them 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 FC
• Assisting the FO 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 post-graduate degree will be an added advantage
• Relevant professional qualifications 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 the 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

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