Financial Control Officer at Petrogap Oil and Gas Limited

CORE RESPONSIBILITIES

Treasury

• Maintain stewardship for financial assets and debt, including being in charge of cash management, debt
• management and investment management functions of the organization and its affiliated entities.
• Develop and implement daily, monthly, and quarterly cash forecasting models.
• Present financial forecasts based on actual spending and the organization’s financial position.
• Monitor the financial investments and record capital growth
• Advise on the organization’s reserves and investment policy
• Research and recommend financing alternatives, analyze options and provide recommendations to the Management.
• Structuring debt arrangements with lenders, Managing corporate investments, and Monitoring cash flow.
• Maintain corporate liquidity and financial stability.

Tax

• Liaise with Tax Authorities, Auditors, and other Regulatory bodies as regards the preparation and filing of the
• Audited Financials and other Tax related matters.
• Ensuring prompt remittance and various statutory deductions i.e. VAT, PAYE, CIT, Pension Fund, etc.

Financial Accounting

• Preparing Financial statements in line with the IFRS standards.
• Prepare the monthly Management accounts
• Responsible for Asset and Liability Management, including a monthly report of the Asset Register.
• Preparing and Maintaining balance sheet schedules, ledgers, profit and loss statements, monthly and yearly financial statements, and other reports
• Carrying out monthly bank account closing and analysis.
• Carry out bank reconciliation analysis and account audit
• Liaise with Bank on Transaction rates and Foreign Translation rates.
• Payroll administration and preparation of monthly sales reports for analysis.
• Developing and consolidating the departmental and organization’s budget.
• Periodic audit of departmental processes.
• Monitoring compliance in line with accepted accounting principles and company procedures.
• Developing, maintaining, and implementing financial internal controls, policies, and procedures.

REQUIREMENTS AND SKILLS

• Knowledge of capital markets, accounting, and business finance
• Strong experience/knowledge in Financial Reporting, Treasury, and IFRS is required.
• Strong financial acumen and analytical skills.
• Business acumen with a problem-solving attitude.
• Detailed knowledge of accounting principles and practices.
• Statutory regulations (IFRS).
• Understanding of taxation commercial law.
• Broad understanding of global & regional economics.
• Knowledge of financial principles
• Proficient in Excel and Microsoft SuitesGood negotiation skills, Innovative, Leadership, Planning, Interpersonal skills, and Communication skills
• Ability to work under pressure and Attention to detail.
• Candidates should have 2 years+ management experience