Finance/Petroleum Economist at Andersen

Job Summary

Our client, an indigenous Oil and Gas company operating in both the upstream and downstream sectors of the Nigerian Oil and Gas Industry is looking to hire a Finance/Petroleum Economist.. The ideal candidate will provide finance leadership and make informed and strategic decisions related to financial management, compliance, risk mitigation, and operational efficiency.

Responsibilities

• Provide finance leadership and oversee financial and accounting processes to ensure compliance with Corporate and local policies, statutory requirements and IFRS. 
• Maintain ethical standards with unyielding integrity. 
• Lead the smooth implementation of the company’s financial solutions and applications including NAVISION.
• Serve as the primary contact with independent auditors and audit-related accounting matters. 
• Manage administration of accounts receivable, accounts payable, inventory control accounting and payroll. 
• Oversee month-end close process to ensure timely closure and financial reports preparation.
• Prepare annual budgets - Profit & Loss, Cash Flow & Balance Sheet. 
• Analyze and report variances - Propose and implement remedial action. 
• Estimate the requirement of funds - short-term and long-term.
•  Implement financial controls and develop financial management mechanisms to minimize financial risk. 
• Maintain a documented system of accounting policies and procedures. 
• Manage the company's financial reporting systems. 
• Produce accurate financial reports to specific deadlines including Monthly management accounts, Flash reports, Working capital, and Board & Investor Packs.
• Analyze, interpret and report operating results and make specific recommendations to achieve cost-effectiveness and profit improvements. 
• Provide gross profit reporting, analyses, and forecasting.
•  Anticipate management needs and develop analyses in response to those needs and in support of management decisions. 
• Work with operating personnel to achieve effective balance sheet and assets management
• Oversee development and carrying out of inventory control procedures, including physical stock-take and audit. 
• Account for and maintain proper inventory reserves for Excess, Expired and Obsolete Inventory. 
• Review the assets register to keep track of and safeguard the company.
• Daily control of elements affecting working capital. 
• Oversee operational cash management and cash flow forecasting. 
• Oversee preparation of financial accounts for auditing purposes. 
• Oversee annual audits. 
• Liaising with auditors to ensure that annual monitoring is carried out effectively. 
• Conduct internal audits Control Function.
• Develop and implement accounting policies, procedures and internal controls in support of business processes and decisions.
• Ensure all activities comply with relevant Acts, legal demands, ethical standards, and internal management policies. 
• Review the preparation and submission of company statutory documents.

Requirements

• B.Sc/HND in Accounting, Business Management or any related field
• MBA/M.Sc. in a related field will be an added advantage.
• Professional certification (ACA, ACCA, FCA) is compulsory.
• A minimum of seven  (7) years of relevant work experience, with at least 4 years in a senior leadership position.
• Relevant experience as a Finance Manager in the oil & gas industry is essential.

SKILLS AND COMPETENCIES

• Strong understanding and proficient use of NAVISION 
• Excellent knowledge of industry and finance best practices.
• Excellent financial modelling skills.
• Outstanding oral and written communication skills. 
• Demonstrated ability to evaluate and balance team and individual workloads. 
• Negotiation skills, analytical skills, ability to multitask and coach finance team. 
• Excellent leadership skills.
• Strong commercial finance experience.