Financial Controller at Petrogap Oil and Gas Limited

⏲ Sep 19, 2023, 11:12 PM
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Petrogap Oil and Gas Limited was incorporated as a response to the emerging trends in the dynamic Oil & Gas industry. We are a wholly indigenous company and registered player in the Upstream, Midstream and Downstream sectors of the Oil & Gas industry.

We are recruiting to fill the position below:

Job Title: Financial Controller

Location: Lagos
Employment Type: Full-time

Core Responsibilities
Treasury:

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.
Research and recommend financing alternatives, analyze options, and provide recommendations to the Management.
Structuring debt arrangements with lenders, Managing corporate investments, and Monitoring cash flow.
Maintain corporate liquidity and financial stability.
Develop and implement daily, monthly, and quarterly cash forecasting models.
Present financial forecasts based on actual spending and the organization’s financial position.
Monitor the financial investments and record capital growth
Advise on the organization’s reserves and investment policy

Tax:

Liaise with Tax Authorities, Auditors, and other Regulatory bodies as regards the 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.
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 preparation 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.
Financial Accounting
Preparing Financial statements in line with the IFRS standards.
Prepare the monthly Management accounts
Responsible for Asset and Liability Management, including a monthly report of the Asset Register.
Preparing and Maintaining balance sheet schedules, ledgers, profit and loss statements, monthly and yearly financial statements, and other reports

Requirements and Skills

Knowledge of capital markets, accounting, and business finance
Strong experience/knowledge in Financial Reporting, Treasury, and IFRS is required.
Strong financial acumen and analytical skills.
Broad understanding of global & regional economics.
Knowledge of financial principles
Proficient in Excel and Microsoft Suites Good negotiation skills, Innovative, Leadership, Planning, Interpersonal skills, and Communication skills
Ability to work under pressure and Attention to detail.
Candidates should have 2 years+ of management experience.
Business acumen with a problem-solving attitude.
Detailed knowledge of accounting principles and practices.
Statutory regulations (IFRS).
Understanding of taxation commercial law.