Jobs at 21Search Limited

Job Overview

• The Our client is seeking a Finance/Accounts Manager will be responsible for overseeing financial operations, ensuring accurate accounting, financial planning, and budgeting.
• This role involves maintaining compliance with financial regulations, ensuring efficient cash flow management, managing accounts payable/receivable, and contributing to the company’s financial strategy. The manager will also support business growth by providing financial insights and ensuring the financial health of projects.

Responsibilities
Financial Planning & Budgeting:

• Lead the annual budgeting process, including the preparation, consolidation, and review of financial projections for the company’s upstream projects.
• Track and report budget variances, providing recommendations for corrective actions where necessary.

Financial Reporting:

• Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements in compliance with IFRS and relevant local laws.
• Prepare financial reports on project performance, cash flow, and capital expenditure (CapEx) analysis for management and stakeholders.

Accounts Management:

• Supervise accounts payable and receivable, ensuring the timely processing of invoices and payments.
• Manage account reconciliations, balance sheets, and ledger maintenance to ensure the accuracy of the company’s financial records.

Cash Flow Management:

• Monitor and manage the company’s cash flow to ensure adequate liquidity for ongoing projects and operational expenses.
• Provide cash flow forecasting and manage working capital requirements, including debt recovery and vendor payments.

Cost Control & Expense Management:

• Implement cost control measures and financial strategies to reduce operational costs while maintaining quality and efficiency in project delivery.
• Review and control departmental expenses, ensuring adherence to budgets and identification of cost-saving opportunities.

Audit & Compliance:

• Ensure the company’s financial practices comply with internal policies, Nigerian regulations (e.g., FIRS, NNPC), and international financial standards.
• Lead audit preparations (internal and external), resolve audit findings, and ensure effective audit trails for all financial transactions.

Tax Management:

• Oversee the company’s tax filings and ensure compliance with local tax laws, including corporate tax, VAT, and other regulatory requirements.
• Work with external consultants and tax authorities to manage and resolve tax-related issues.

Risk Management:

• Identify and mitigate financial risks associated with foreign exchange volatility, credit exposure, and regulatory changes.
• Implement and maintain strong internal controls to prevent financial fraud, misreporting, and errors.

Capital Management:

• Oversee capital expenditure planning and approval to ensure optimal use of financial resources in projects.
• Manage relationships with banks and financial institutions for project financing, loans, and other capital needs.

Team Management:

• Lead and mentor the finance and accounting team, ensuring their professional development and alignment with company goals.
• Provide training and support to the finance team on best accounting practices, software, and regulatory updates.

Key Qualifications & Skills
Educational Background:

• Bachelor’s Degree in Finance, Accounting, or related field
• Professional certification such as ICAN, ACCA, or CFA is an addition.

Experience:

• Minimum of 7 years of experience in finance or accounting, with at least 3 years in a managerial role.
• Strong experience in the upstream oil and gas sector, preferably within an EPICM environment.

Technical Skills:

• Strong knowledge of IFRS, local tax regulations, and oil and gas accounting principles.
• Proficiency in financial software (e.g., SAP) and advanced Excel skills for financial modeling and analysis.
• Excellent understanding of cost control, cash flow management, and financial reporting in the oil and gas sector.

Soft Skills:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills, with the ability to present financial data to both technical and non-technical stakeholders.
• Leadership and team management abilities

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Job Description

• Identify potential clients and decision makers within the Oil and Gas sector.
• Win major contracts in International Oil Companies (IOC’s) and other oil & gas companies in the following service areas but not limited to:
  • Construction and Fabrication
  • Marine Services
  • Manpower Supply
  • Procurement
• Drive the departmental objectives to attain desired results through KPIs and tracking of efficiencies.
• Explore, create, and maintain new businesses in all key service areas of the company.
• Meet potential clients by growing, maintaining, and leveraging on your network within and outside the oil and gas sector.
• Rigorously follow up on bids submitted to NAPIMS and other clients
• Represent the company in technical meetings with international, national partners and attend workshops, trade shows and seminars to keep up to date with changes in the industry.
• Identify, set up and manage strategic relationships and alliances with third party companies in a bid to leverage expertise and technology in order to expand business capacity.
• Ensuring company’s growth objectives are attained; articulating new business development opportunities and identifying, negotiating and managing relationships with technical partners in line with corporate goals.
• Identify prospects and develop strategies to penetrate and get new clients. This includes assisting in preparation of presentations and tenders.
• Identify, evaluate and develop new business opportunities and feasibility reports supporting growth based on intelligence.

Requirements

• MBA, MSc, Bachelor’s Degree in Tech, Social Sciences or similar fields
• Minimum of 8 years Experience working with Upstream (Oil & Gas).

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Overview

• Our client is seeking a Finance/Accounts Manager will be responsible for overseeing financial operations, ensuring accurate accounting, financial planning, and budgeting.
• This role involves maintaining compliance with financial regulations, ensuring efficient cash flow management, managing accounts payable/receivable, and contributing to the company’s financial strategy.
• The manager will also support business growth by providing financial insights and ensuring the financial health of projects.

Design and Engineering:

• Develop and review mechanical designs, calculations, and technical drawings for upstream oil and gas facilities (e.g., pipelines, compressors, rotating equipment).
• Ensure designs meet project specifications, codes, standards (API, ASME, ISO), and client requirements.
• Conduct feasibility studies, equipment selection, and material specifications.
• Perform stress analysis, thermal analysis, and fatigue studies as needed for mechanical systems.

Project Management:

• Collaborate with multidisciplinary teams, including process, civil, and electrical engineers, to deliver EPCM projects.
• Prepare mechanical scopes of work, project schedules, and budgets.
• Supervise mechanical equipment installation, commissioning, and start-up activities.
• Conduct risk assessments and provide technical solutions during project execution.

Maintenance and Troubleshooting:

• Develop maintenance strategies for mechanical equipment, including rotating and static equipment.
• Diagnose and resolve mechanical issues, including pumps, valves, heat exchangers, and compressors.
• Optimize mechanical system performance and reliability.

Compliance and Safety:

• Ensure adherence to health, safety, and environmental (HSE) standards and regulations.
• Conduct mechanical inspections and ensure compliance with Nigerian regulations and international standards.
• Prepare and review technical reports, method statements, and as-built documentation.

Experiences and Competencies Required

• Bachelor’s Degree in Mechanical Engineering or a related field. Professional engineering certification is an advantage.
• Minimum of 8+ years of experience in upstream oil and gas operations or EPIC projects.
• Hands-on experience with mechanical systems in exploration and production facilities.
• Familiarity with equipment such as compressors, separators, pipelines, and rotating machinery.
• Proficiency in engineering software (e.g., AutoCAD, SolidWorks, ANSYS, or CAESAR II).
• Strong knowledge of mechanical codes, standards, and industry best practices.
• Excellent problem-solving and analytical skills.
• Strong communication and interpersonal abilities for cross-discipline collaboration.

Other Requirements:

• Willingness to travel to project sites, offshore platforms, or fabrication yards as needed.
• Ability to work in challenging environments with tight deadlines.