Job Vacancies at WTS Energy

Job Summary

• Procure various materials for the company and her clients. Research and find suppliers that produce quality items within the business’ budget and client’s specifications list.
• Responsible for gathering and preparing documents like quotes, proposals and purchase terms and conditions from suppliers for review.
• Once suppliers/vendors are hired, carefully analyze and monitor them and record their performance. Resolve all questions or address concerns from the supplier/vendor.

KEY DUTIES

PROCUREMENT

• Co-ordinate procurement activities such as Purchasing, Expediting, Logistics and Material Handling, ensuring best value through exploring different purchasing options, whilst complying with the company’s procurement strategy.
• Design and implement supply chains policies that support business strategies adapted to changing market conditions, new business opportunities, or cost reduction strategies.
• Drive cost reduction efforts utilizing negotiation techniques, managing transportation costs and minimize working capital while meeting company objectives.
• Prepare and process requisitions and purchase orders for supplies and equipment.
• Perform procurement cost analysis of materials and equipment based on location, time, consolidation points and developed procurement strategy to achieve desired results.
• Select transportation routes to maximize economy by combining shipments or consolidating warehousing and distribution.

VENDOR MANAGEMENT

• Appraise vendor manufacturing ability of materials, equipment or supplies through on-site visits and measurements to determine product availability and terms of sales.
• Monitor supplier performance to assess ability to meet quality and delivery requirements.
• Resolve vendor or contractor grievances, and claims against suppliers.

CONTRACTS MANAGEMENT

• Negotiate prices, terms and delivery schedules with contractors and vendors / manufacturers to achieve cost reduction and review same with next reporting Head.
• Monitor the status of live contracts and purchase orders.
• Review and develop technical/commercial tenders to enhance the quality of tenders submitted to meet client’s specification and standards.

WAREHOUSING & INVENTORY MANAGEMENT

• Analyze inventory, market and delivery systems to determine how to increase inventory turns, reduce waste, or optimize customer service.
• Design or implement warehousing strategies for production materials or finished products.
• Maintain records of goods ordered and received.

WORKFLOW MANAGEMENT

• Document physical supply chain processes, such as workflows, cycle times, position responsibilities, or system flows.
• Prepare timely and accurate reports on Supply Chain Management activities and performance against established targets to the GM: Engineering and Integrated Services.

CUSTOMER RELATIONSHIP MANAGEMENT

• Maintain a friendly and professional relationship with vendors while promoting company initiatives and values.
• Coordinate client inspections of facilities/equipment, material movement and clearing.

PERFORMANCE MANAGEMENT

• Seek to improve all aspects of the supply chain department by reviewing current methodology and processes.
• Develop and implement new or improved supply chain processes and strategies.
• Define performance metrics for measurement, comparison, or evaluation of supply chain factors, such as product cost or quality.
• Ensure performance is adequately captured, analysed and utilized for improvement activities.
• Manage Sales, Inventory, and Operations Planning (SIOP) process to support revenue forecast, improve On Time Delivery (OTD), eliminate material shortages, increase inventory turns, and identify production capacity constraints.
• Select, train, evaluate and develop supply chain staff to facilitate the attainment of company objectives.

Required Competencies

• Systemic Thinking: Demonstrate superior knowledge based on expertise, pattern recognition, creativity and analytics.
• Accepting and Building Accountability: Objectively examining consequences of past and future actions .Not evasive in taking ownership of actions whether positive or negative. Relentlessly follows on leads and never making excuses for non-performance.
• Self-Confidence: Gets excited by unique or challenging opportunities; remains open by suspending their assumptions and preconceived ideas. Is motivated by the successes generated by their actions and is not limited by the status quo, norms or challenges expressed by others.
• Result Driven: Takes explicitly unique, different or non-traditional actions to create value. Never accepting limits in ensuring results are delivered timely.
• Good knowledge of procurement techniques as well as a dexterity in reading” the industry clime
• Excellent analytical skills
• Negotiation skills.
• Strategic Management and Leadership skills.
• Excellent numeracy skills.
• Organisational skills.
• Proficiency in Microsoft Office tools especially Word and PowerPoint
• Proficiency in the use of supplier or third party procurement software e.g. SAP, MRP or ERP

Qualification & Requirements

• Bachelor’s Degree in business management, Supply Chain, Engineering or other related field
• MBA or MSc (Added Advantage)
• Certification in Supply Chain Management required
• Minimum 5 years’ Procurement or Supply Chain experience in the oil and gas industry.

Desired Skills and Experience

• Warehousing, contract Management, Vendor Management

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Job Summary

• Provide leadership, direction and management of the finance and accounting team.
• Oversee day-to-day operations of the finance department.
• Manage the processes for financial forecasting and budgets and oversee the preparation of all financial reporting. Advising on long-term business and financial planning.
• Provide support to the executive management team in the creation and execution of competitive business strategies.
• Leverage strong financial and research competencies with ability to measure financial risks and rewards in great detail.
• Adhere to best practices in managing company portfolio.

Responsibilities

FINANCIAL PLANNING

• Develop long-range financial plans to support organizational objectives and decision-making.
• Conduct financial analysis on the company’s performance along defined indicators.
• Prepare high-impact presentations and proposals to investors/financiers for debt/equity capital raising efforts.
• Prepare transaction documents (engagement letters, proposals, presentations, Information Memorandums, term sheets, valuations etc.) for transactions being contemplated by company
• Evaluate and structure bankable investment projects.
• Participate in deal meetings as well as help maintain client relationships.
• Assist in administering the legal processes associated with deals.

BUDGETING

• Co-ordinate the budget preparation, monitoring and control process, in line with agreed policies and procedures including:
  • Develop, review and circulate annual business planning guidelines/ assumptions to all departments;
  • Compile all inputs into the budget from all departments and prepare a detailed budget for management review and approval;
  • Analyse budget performance, identify and obtain explanations for significant variances;
  • Make relevant contribution to NFG’s cash forecasting and long range financial planning
  • Develop and implement cost control/ management strategies and system to ensure optimal utilisation of available financial resources.
• Ensures all CAPEX and OPEX purchases are within budget, board approval and manual of authority

CASHFLOW MANAGEMENT

• Regularly monitor company’s cash flow position to anticipate and provide operational liquidity requirements.

FINANCIAL ANALYSIS

• Conduct financial analysis and risk assessment on project proposals, including building and interpreting financial models
• Conduct financial analysis on existing investments for active portfolio management, including reporting and recommending interventions
• Undertake research and analysis, including on prospective investment opportunities and companies, to identify trends and issues to provide a sound basis for investment decisions
• Conduct due diligence on prospective acquisition candidates/investment opportunities

COMPLIANCE

• Co-ordinate the financial activities of the Organisation and ensure compliance with the organisation’s strategy, operating policies, controls and procedure
• Coordinate the computation and filling of tax returns for all Federal, State and local taxes including related reports to ensure compliance with applicable tax laws and regulations.
• Manage relationships with reputable tax consultants and other government regulatory bodies
• Present and manage tax strategies to ensure minimal exposure on all statutory remittances
• Ensure that the Company complies with all regulatory/ license requirements and also legal requirements

Other Duties

Directs and guides Accountants in the discharge of Admin duties, including but not limited to:

• Prepare timely and accurate reports on company’s operations and financial performance and provide adhoc analysis.
• Coordinate and supervise the day-to-day activities of the department and ensure alignment with overall departmental and company goals/ objectives.
• Ensure bank reconciliations are completed monthly.
• Supervise the upkeep and management of company’s fixed assets and stock inventory.
• Facilitate the work of auditors and manage the resolution of arising issues.
• Ensure ample and proper documentation of all financial information and documents by maintaining an orderly and easy retrieval filing system.
• Maintain a robust system of accounting controls.
• Develop/update the management information report framework and templates, including defining the model for data and information gathering across the organisation.

Technical And Role Specific Competencies And Skills

• Ingenuity: Use of logical analysis. Must think through and solve problems step by step, looking beyond the obvious solution to a problem by digging deeper for the best solution. Possess strength in identifying and setting priorities.
• Multi-Tasking: Having an ability to excel under demanding time constraints with the ability to handle multi-tasks simultaneously.
• Confidentiality: Have ability to work with highly sensitive information and maintain strict confidentiality. Job requires employee to communicate well with people at different job levels, frequently sharing information with others while listening to and understanding other points of view
• Intensity: Focused and infectious energy, never accepting limits in ensuring results are delivered timely; yet mature and calm under pressure or in a high octane environment
• Judgement: Ability to act independently using sound judgment and initiative while keeping senior management informed.
• Systemic Thinking: Superior knowledge based on expertise, pattern recognition, creativity and analytics
• Financial Analysis skills
• Financial Modelling skills
• Business Writing skills
• Project Finance
• Proficiency in Microsoft Office tools especially Excel and PowerPoint
• Proficiency in the use of Sage accounting package and ERP Software

QUALIFICATION & REQUIREMENT

• Minimum BSc/BA
• Certified Financial Analyst
• ACA or ACCA or CPA Certification
• MBA or MSc (Added Advantage
• Minimum 10 years’ experience in financial advisory, corporate finance, project finance or private equity

Desired Skills and Experience

• Tax, Statutory Regulations, Corporate Budget, Budget Monitoring,