Financial Controller at Nestoil Plc

Job Description

As a Financial Controller, your responsibilities are outlined below:

• Liaising with the Group CFO to develop/update and implement financial and accounting policies, procedures, and strategies across the Group
• Developing the company’s annual plans, budgets, forecasts, and financial performance metrics to guide business operations and strategy execution
• Establishing company-wide standards for system, data, and processes.
• Developing, updating, and guiding 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
• Assisting in the development and maintenance of sound financial controls across the group’s operations
• Coordinating the 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 the 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 organizations, auditors, solicitors, banks etc.
• Preparing Letters of Credit for approval and forwards 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 Chief Financial Officer (CFO)
• Assisting the CFO 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?

• First Degree in Finance/ Accounting/ Economics
• A post graduate degree will be an added advantage
• Relevant professional qualification e.g. Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA)
• A minimum of 10 years relevant experience with at least 5 years at management level.
• Experience in finance, accounting, budgeting, and cost control principles.
• Sound knowledge of Generally Accepted Accounting Principles.
• Experience in financial management and ability to diagnose and solve complex financial problems
• Ability to analyze financial data and interpret financial reports, statements, and projections.
• Strong Integrity
• Competency in the use of automated financial accounting and reporting applications.
• Good knowledge of local and international financial regulatory standards.
• Intuitiveness and attention to detail
• Ability to communicate effectively
• Strong analytical and leadership skills.
• High level of integrity and objectivity
• Creates a culture of continuous improvement.