Financial & Tax Accountant at Skyshore Group Limited (SGL)

Location: Port Harcourt, Rivers

Job Description

• The ideal candidate must be well experienced in all aspects of financial management, capital raising, financial planning and analysis and risk management.
• He must possess strong leadership skills and a forward-thinking mindset to support the company in the execution of strategic initiatives.

Key Responsibilities
Financial Management:

• Manage all finance functions with full authority over treasury, tax, statutory and management accounting, financial control, and internal and external reporting.
• Accountable for tax related matters by ensuring prompt remittance and various statutory deduction i.e VAT, PAYE, CIT, Pension Fund etc.
• Liaise with Tax Authorities, Auditors and other Regulatory bodies as regards preparation and filing of the Audited Financials.
• Implement policies to effectively manage working capital including cash utilization, accounts receivables, accounts payables and inventory.
• Oversee the preparation in line with the IFRS standards and delivery of reliable, accurate and timely financial reports to the Board of Directors, senior management team, investors, and other stakeholders.
• Review and analyze monthly financial results and provide recommendations.
• Develop performance measures and monitoring systems that support the company's strategic direction.
• Facilitate the annual budgeting process of the entire organization by working with other departments to develop budgets for the group, facilities, and corporate departments.
• Provide accurate reporting on key performance measures and monitoring systems and provide actionable recommendations.
• Institute policies to ensure the accuracy, completeness, integrity, and appropriateness of financial information.
• Manages relationships with relevant external bodies/contacts e.g. regulatory organizations, external auditors, banks etc.

Corporate Finance:

• Evaluate the organization’s fundraising plans and capital structure and make recommendations to Senior Management.
• Build and update financial models for fundraising process using the unit economics of the business.
• Preparing and Maintaining balance sheet schedules, ledgers, profit and loss statement, monthly and yearly financial statements and other reports.
• Liaise with Bank on Transaction rates, Foreign Translation rate and Treasury Management.
• Manage fundraising processes for both debt and equity financing including updating the investment decks and virtual data room (VDR).
• Lead strategic finance initiatives and explore innovative financing sources including concessional financing, grant financing etc.
• Ensure that the company always has a rich pipeline of assets and projects ready for investment.
• Serve as the focal point for investor relations and send regular fund statements to investors.
• Oversee the computation of key financial metrics on all facilities and projects including ROI, NPV, IRR and payback period.
• Develop cash flow projections and ensure cash flow is appropriate for the organization’s operations and planned investments.

Risk Management:

• Identify and manage key business and company risks and insurance requirements.
• Maintain and ensure compliance with the documented system of finance policies and procedures across the group.
• Report risk issues to the Audit Committee of the Board of Directors.
• Responsible for audit reviews of business units, financial and management processes and systems to ensure compliance with company policies and procedures.
• Supervise and coordinate the preparation and implementation of annual internal audit plans /programs and endure adherence to plans.
• Lead audits / special reviews of operations and assessment of business risk and provide recommendations for strengthening existing internal controls.

Qualifications and Experience

• Bachelor's Degree in related disciplines - Accounting, Finance, Economics.
• Professional qualifications like ACCA, ICAN, CFA is highly preferred while an MBA will be an added advantage.
• At least 6 years of relevant experience working in the Oil and Gas industry is an added advantage.
• Advanced financial modelling skills.
• Prior experience with investor relations and capital raising.
• Advanced computer skills, including proficiency in MS Office, ERP systems and Business Intelligence software.
• Strong experience/knowledge in Financial Reporting, Taxation and FIRS / IFRS and financial reporting tools is required.
• Strong financial/ business acumen, analytical skills with a problem-solving attitude.