Finance Manager at WTS Energy

Job Purpose:

• Coordinate and provide leadership for all Budget & Planning activities.
• Coordinate Company’s Crude Oil Stock, Nomination, sales, and Receipt of sales Proceeds.
• Coordinate, Supervise and Review all the department’s functions as may be carried out by all the staff of the department.

RESPONSIBILITIES

• Prepare monthly budget and performance status report for management.
• Intervene and manage unresolved JV issues before they are escalated.
• Attend external meetings and proceedings on Budget and Joint Venture Work program issues.
• Manage all the staff of the department to achieve the departmental goals.
• Identify the skills and talents in the staff of the department to be able to deploy for appropriate role.
• Responsible for the timely preparation of management reports on a quarterly basis.
• Ensure regular allocation of funds for the statutory payments to government agencies; FIRS, NDDC, LIRS etc.
• Generate Monthly Cash Plan Statement for planning purposes.
• Supervise and ensure prompt preparation of Monthly cash call request and submit to Joint Venture Partners
• Generate improvement report on budgeting and performance issues.
• Ensure maximum approval of the JV expenditure with all Joint Venture Partners
• Oversee and monitor lifting details such as TBN, ETA, quantity, port of discharge and other documentation required of each lifting as submitted by COMD.
• Own contractual agreements and ensure that all financials’ issues are well captured.
• Deliver a Gas Sales Agreement which offers maximum value to Company.
• Maintain a constant interface between the company and other government agencies, such as Joint Venture Partners, National Assembly etc.

ACCOUNTABILITIES

• Update management on any critical issues with any of the partner/regulatory stakeholders.
• Represent the company at any deliberations on Joint Venture relationship issues.
• Manage relationship with other operators on a regular basis, to foster ideas and resolution of industry matters.
• Motivate staff and develop team capability to deliver top quartile performance.
• Defend and secure adequate JV budget for the company based on the developed Work Plan.
• Generate monthly performance/expenditure report to the management.

KEY PERFORMANCE INDICATORS (KPI’S)

• Generate weekly cash-call management report by Tuesday of the following week.
• Preparation of monthly performance/cash-call report for all the department’s latest by 10th of the following month
• Generate JV technical cost for the company.
• Hold weekly meeting (once) with members of the department.
• Hold periodic meetings with the HODs to review annual budget and performance of the approved work program with Joint Venture Partners.
• Ensure that the departmental sub-com officers submit all invoices for performance rendition.

SKILLS AND EXPERIENCE

• Ability to work and relate with non-finance line managers and staff.
• Possession of good analytical skills and knowledge and experience of Joint Venture issues/matters
• Good communication, interpersonal and relationship management skills
• Ability to work under pressure and tight schedule to meet deadline.
• Minimum of 10 years work experience in an Exploration and Production sector of the Oil & Gas industry.
• Sound knowledge of financial and management accounting, budget and performance management and other finance/business related issues
• Good knowledge of Microsoft Office suit and relevant budget/accounting software application 

QUALIFICATION REQUIREMENTS

Qualifications include:

• An experienced finance professional B.Sc. or HND in Social Sciences or related discipline
• Professional certification such as ACA, ACCA, CPA, CIMA etc.