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  • Posted: Jan 10, 2020
    Deadline: Jan 20, 2020
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    Stockgap Fuels Limited was incorporated in Nigeria as a private limited liability company. The company is currently engaged in the business of distribution of refined petroleum products and Liquified Petroleum Gas (LPG). They are either imported directly from our international trading partners or via coastal lifting through a strategic alliance with Nigerian National Petroleum Corporation.
    Read more about this company

     

    Head, Finance & Accounts

    Location: Port Harcourt, Rivers

    Details

    • To coordinate all financial activities including planning, budgeting, forecasting and funding in order to facilitate optimal returns on funds invested in business operations through judicious use and application of financial resources

    Duties and Responsibilities

    • Support in the development of effective financial strategies, controls framework and management systems to guide and support business operations
    • Coordinates the preparation of the Company’s annual budgets, monitors and reports performance against targets
    • Prepares periodic statutory and management information reports
    • Reviews all financial reports to ensure accuracy and consistency
    • Liaises with external auditors, regulatory bodies authorities and financial management consultants
    • Supports Chief Finance Officer in the coordination of annual Budget and consolidation of budget estimates for each Unit/Department for presentation to Management
    • Prepares income statements, monthly closing accounting reports and journals, including depreciation, prepayments, provisions and accruals
    • Reviews the financial performance of the business and provides necessary financial reports of the business such as budgets, tax and cash flows that provides information on the financial position to the CFO
    • Compiles and analyses the Financial Reports generated by Accounts Officers in each Business Unit, consolidates and forwards to the Head Finance and ensures departmental compliance with financial policies, procedures and standards
    • Manages accounting applications and filing systems and resolves any accounting entry discrepancies.
    • Monitors the fixed asset ledgers to ensure accuracy of balances by effectively reconciling book balance to physical balance
    • Reconciles all ledgers for the preparation of year end trial balances and financial reports
    • Provides relevant support to internal and external auditors during audit reviews for smooth audit procedures
    • Liaises with relevant external bodies/contacts e.g. solicitors, bankers as directed by the CFO, for effective operation of the finance function.
    • Coordinates the statutory reporting process and preparation of the Group annual returns
    • Approves accruals and adjustments on erroneously posted financial transactions into the financial system
    • Responds to relevant requests from financial institutions

    Qualifications and Experiences

    • Minimum of ten (10) years relevant experience, 4 of which must have been in a Management position of an organisation, interfacing with the Executive.
    • Minimum of Bachelor’s degree in Accounting, Finance, Economics or any related discipline (Second Class Upper Division/ HND Upper Credit)
    • Relevant professional certifications e.g. Chartered Financial Analyst (CFA) , Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent
    • Experience of statutory financial reporting and knowledge of GAAP, IFRS
    • MBA or Master’s degree in a related discipline is an advantage

    go to method of application ยป

    Head, Risk Management & Legal

    Location: Port Harcourt, Rivers

    Details

    • To promote continuity in the group’s operations by ensuring business control policies and operational guidelines are in place thereby minimizing exposure to potential risks related to business performance.

    Duties and Responsibilities

    • Conduct regular assessments of the compliance and risk management culture of the group and submit reports to the Executive Director.
    • Develop Key Risk Indicators (KRIs) for identified processes, products and services and communicate same to business units and the group.
    • Provide independent and objective assurance on the management of risks throughout the group
    • Plan, design and implement a robust risk management process for the group, ensuring there is a system in place to identify and analyze all major risks on a regular basis
    • Support business units through promotion of risk awareness, development of risk profiles, mitigation of risks and effective implementation of agreed action plans
    • Work with Departments to communicate and drive the group’s risk management, HSE, compliance objectives and strategies.
    • Conduct periodic compliance reviews, safety audits and statutory inspections of the group’s activities to ensure conformity with existing policies and procedures, and monitor subsequent adherence to the compliance action plan.
    • Monitor and assess operational risk via Heat Map analysis for Risk and Control Self-Assessment (RCSA), control self-assessments and Key Risk Indicators (KRI)
    • Organize Operational Risk Management sessions with Heads of Business Units and Support groups to ensure their buy-in
    • Develop Business Continuity Management framework for the group
    • Keep abreast of relevant laws, regulations and codes of good business practices and incorporates them into the internal risk framework
    • Make recommendations and manage the process for acquiring relevant regulatory certifications
    • Interface with external regulatory bodies regarding issues resulting from such bodies and resolves accordingly
    • Identify regulatory, contractual requirements, organizational policies and standards related to information systems to determine their potential impact on the business objectives.
    • Manage litigations involving the group, drive and institute litigation strategies and practical legal solutions to disputes while upholding the group’s legal position and reputation
    • Review all contracts, MoUs, agreements and all documentation before the group commits itself and highlight the legal implications that need to be brought to the attention of the Executive Director
    • Maintain contract compliance in line with the group policies and procedures, ensure issues are resolved and escalated when necessary.
    • Advise management on issues related to the group's corporate reputation and recommend appropriate course of action
    • Lead in the development of legal policies, processes and procedures in line with the Nigerian law and the strategic objectives of the group
    • Perform other functions as may be requested by the Executive Director

    Qualifications and Experiences

    • Minimum of Bachelor’s Degree (Second Class Upper Division)/HND Upper Credit in any Social Sciences, Humanities or a related disciplines
    • Minimum of 12 years relevant experience in a similar role, out of which 5 years must have been in senior or managerial role
    • Relevant professional certifications e.g. Certification in Risk Management Assurance (CRMA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified in the Governance of Enterprise IT (CGEIT), IT Infrastructure Library (ITIL),Project Management Professional (PMP), Six Sigma Professional, Certified in Risks and Information Systems Control (CRISC),Certified Risk and Compliance Management Professional(CRCMP) or other relevant industry certification
    • A relevant postgraduate degree would be an added advantage

    Method of Application


    Interested and qualified candidates should forward their CV and Application to: careers@stockgapfuels.com with “The Position Applying For” as the subject of the email

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