Financial Controller at Petrogap Oil and Gas Limited
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
Job 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, analyzing options and providing recommendations to the Management.
- Structuring debt arrangements with lenders, Managing corporate investments and Monitoring cash flow.
- Ensures the maintenance of corporate liquidity and financial stability.
- Develop and implement daily, monthly and quarterly cash forecastingmodels.
- Present revised financial forecasts based on actual spend and the organisation's financial position.
- Responsible for financial investments and capital growth
- Advise on the organisation'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.
Financial Accounting:
- Preparing Financial Statements in line with the IFRS standards.
- Responsible for the Asset and Liability Management.
- Preparing and Maintaining balance sheet schedules, ledgers, profit and loss statements, monthly and yearly financial statements, and other reports
- Payroll administration and preparation of monthly 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.
- Carrying out monthly bank account closing and analysis.
- Carry out bank reconciliation analysis and account audit
- Liaise with the Bank on Transaction rates and Foreign Translation rates.
Requirements
- First Class grade, minimum 2:1 in BSc in Accounting or related discipline
- 5 -7 years of relevant experience. Experience working in the Oil and Gas industry will be an added advantage.
- Strong financial acumen and analytical skills.
- Business acumen with a problem-solving attitude.
- Knowledge of capital markets, accounting and finance.
- Accounting certification is required (ICAN, ACCA, ACA).
- Strong experience/knowledge in Financial Reporting, Taxation, and IFRS is required.
How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail
Application Deadline 20th March, 2024.