Finance Controller at Oilserv Limited

Job Summary
The Finance Controller will be responsible for managing all financial accounting and financial risks. The role will include daily financial planning and analysis, period end close and oversights, payroll assurance & oversight, and overall support for the business development financial strategies. Coordination of the annual statutory audits and ensuring timely close out of the process

Responsibilities

Financial accounting and reporting: 

• Control corporate Budgets and Accounts and provide quality and timely financial data 
• Ensure prompt payment and accounting for VAT/WHT/ PAYE. 
• Custodian of the Manual of Authorities (MOA) and ensure regular updates 
• Set guidelines and ensure implementation of monthly and quarterly accounts closing and reporting to all stake holders 
• Ensure integrity of the Ledger and that internal controls exist in all commercial systems and processes 
• Manage Receivables and Account payables and ensure charge sand or reallocations are properly accounted. 
• Review and agree the basis of quarterly valuation of stock at plant, stationery, fuel and other consumables with Supply Chain. 
• Benchmark financial accounting processes, identify and disseminate best practices. 
• Develop, disseminate and monitor compliance with a risk response framework appropriate for own department 
• Manage Accounting skill-pool and develop staff leadership skills via structured development process 
• Manage Accounting knowledge, information and data to ensure application of common standards. 
• Responsible for Fixed asset accounting. 
• Responsible for managing and organizing Business Controls & Compliance process. 
• Responsible for ensuring that proper tariffing is applied appropriately. Financial management and controls 
• Management of the company’s working capital with primary focus on inventory, receivables and cash
• Management of overheads through financial prudence and cost savings 
• Working with the Payroll accountant to ensure proper processing and payments of monthly salaries and other allowances/ benefits to employees. Taxation: 
• Support the Group Chief Finance Officer in the development and execution of the company’s taxation strategy 
• Ensure regular returns for Corporation tax, VAT and strict compliances with all other relevant payments and fillings. 

Requirements

• Bachelor’s degree in Accounting 
• Master’s degree in Business Administration or Finance will be an added advantage.
• ACCA, ACA, CIMA, CIPFA or other finance related qualifications. 
•  Relevant management qualification or training
• Minimum of 8 years’ broad experience in Finance with preferred focus in the EPC space 
•  Above average knowledge and working of SAP ERP is a must have requirement