Finance Manager at Nestoil Plc

The Finance Manager is responsible for overseeing the financial health of the organization by managing budgeting, forecasting, financial reporting, and analysis. This role ensures compliance with financial regulations, supports strategic decision-making, and leads the finance team to maintain accurate records and improve financial performance. The Finance Manager works closely with senior management to develop financial strategies and optimize resource allocation.

SBU and Locations

• Nestoil Limited (Operations) – Port Harcourt
• Energy Works Technology Limited – Port Harcourt
• Impac Engineering O & M Company Limited – Warri
• Scorpio Drilling International Limited – Warri

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

What are we looking for?

• B.Sc. or HND in any discipline, plus
• ICAN or ACCA professional qualification
• 8 to 10 years work experience in Accounts/Finance function