Finance Assistant at Terra Energy Services Nigeria Limited

⏲ Jun 18, 2024, 6:37 AM
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Terra Energy Services (TES) is an indigenous Engineering and Oil and Gas Service Company incorporated in Nigeria in 2001 with expertise in providing full-service integrated solutions to clients across the entire oil and gas value chain. We currently operate from our offices in Lagos and Port-Harcourt and aspire to become the leading provider of quality Oil and Gas Engineering Services in West Africa. At Terra Energy Services, we maintain a policy of creating a conducive environment for the attraction of the best qualified and motivated staff for performance enhancement.

We are recruiting to fill the position below:

Job Title: Finance Assistant

Location: Lagos
Employment Type: Full-time

Job Responsibilities

Perform periodic management accounting and reporting activities to include: monthly profit & loss and cash flow positions, etc.
Compile and analyze financial information to prepare entries for General Ledger accounts; assists with maintenance of internal controls and process documentation
Manage relationships with key financial and regulatory representatives
Alert management of situations that may materially affect the company’s overall financial condition
Assist in preparation of asset, liability, and capital account entries by compiling and analyzing account information.
Documents financial transactions by entering account information.
Monthly preparation of bank reconciliations;
Recommends financial actions by analyzing accounting options.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Substantiates financial transactions by auditing documents.
Reconciles financial discrepancies by collecting and analyzing account information.
Secures financial information by completing data base backups.
Maintains financial security by following internal controls.
Prepares payments by verifying documentation, and requesting disbursements.
Compilation, analysis and preparation of data for financial statements, expenditures, revenues, accounts and reports;
Assist in the preparation of budgets and provision of updates on budget implementation;
Assist in monitoring the expenditures to ensure that funds are utilized appropriately by the close of the fiscal year.
Perform period-close activities, including reviewing and assessing journal entries, accruals, reconciliations and allocations
Assist with budgeting and forecasting including consolidation, review, analysis and detailed reporting
Maintain cash inflow/outflow reconciliation and reporting, including bank reconciliation
Assist in Analyzing financial information to summarize and interpret current-projected financial position for management and decision making (manage and monitor business financial performance and KPI’s)
Participation in the preparations for external, internal and tax audit exercises
Answers accounting procedure questions by researching and interpreting accounting policy and regulations.

Qualifications

Bachelor’s Degree in Accounting or related field
3 - 5 years of progressive experience in finance or accounting for a structured organization (previous oil & gas experience is compulsory)
Ability to compare data from a variety of sources for accuracy and completeness.
Ability to detect errors.
Ability to determine work priorities.
Strong analytical skills - understanding of revenue - cost structures and translate data to clear analytics
Strong Microsoft Office skills (Excel and PowerPoint); experience with financial modeling a plus.
A certified member of Institute of Chartered Accountants of Nigeria (ICAN)/ACCA.
Knowledge of applicable accounting and financial reporting rules, regulations and requirements
Ability to reconcile and or balance financial transactions and accounts.
Knowledge of accounting and book-keeping terminology and practices.
Knowledge of general record keeping and filing systems.