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    • Head of Finance and Accounts at an Oil and Gas Servicing Company

    Posted: Nov 8, 2021
    Deadline: Nov 15, 2021
  • Head of Finance and Accounts

    Location: Victoria Island, Lagos

    Job Responsibilities

    • 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 revised financial forecasts based on actual spend and the organisation's financial position.
    • Responsible for financial investments and capital growth
    • Advise on the organisation's reserves and investment policy 
    • Research and recommend financing alternatives, analyzing options and providing recommendations to the Management.
    • Structuring debt arrangements with lenders, Managing corporate investments and Monitoring cash flow.
    • Ensures the maintenance of corporate liquidity and financial stability.


    • Liaise with Tax Authorities, Auditors and other Regulatory bodies as regards 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.
    • Responsible for the Asset and Liability Management.
    • 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 preparing 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.

    Job Requirements

    • Knowledge of capital markets, Accounting and Business finance.
    • First Class grade, minimum 2:1 in BSc in Accounting or related discipline
    • At least 6 years of relevant experience. Experience working in the Oil and Gas industry will be an added advantage.
    • Accounting certification is required (ICAN, ACCA, ACA). Candidates in view will be considered.
    • Strong experience/knowledge in Financial Reporting, Taxation and IFRS is required.
    • Strong financial acumen and analytical skills.
    • Business acumen with a problem-solving attitude.

    Method of Application

    Interested and qualified candidates should send both CV & Passport Photograph to: [email protected] using “Head Of Finance And Accounts" as the subject of the email.

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

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