Financial Planning & Reporting Manager at Nestoil Plc

The Financial Planning & Reporting Manager is responsible for overseeing the company’s financial planning, budgeting, forecasting, and reporting processes. The role ensures accurate and timely financial analysis to support strategic decision-making. The role involves coordinating cross-functional teams to gather data, preparing comprehensive financial reports, analyzing variances, and providing insights to senior management. The Manager also ensures compliance with accounting standards and internal controls, driving continuous improvement in financial processes and reporting systems.

SBU – Nestoil Limited 

As a Financial Planning and Reporting 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