Financial Manager at Nestoil Limited

Nestoil is Nigeria’s largest indigenous Engineering, Procurement, Construction and Commissioning (EPCC) Company in the Oil and Gas sector and has been a significant contributor to local content in the industry since inception about 30 years ago. With about 2,000 direct employees, Nestoil continues to redefine industry standards in Pipeline Construction, Repairs and Maintenance with associated facilities for Dredging, River Crossing and Shoreline Protection.

We are recruiting to fill the position below:

Job Title: Financial Manager

Location: Nigeria
Job Type: Full Time

Job Description

We are on an evolutionary journey where we’re changing our story. We are looking to hire an experienced Finance Manager to join our diverse team in our Company.
In this role, you will ensure accurate reporting and analysis of the company’s financial transactions.
You will also be responsible for effectively managing the company’s financial resources as well as recommending strategies for managing operational costs and maximizing profits.

Responsibilities
As a Financial Manager, you will be responsible for:

Liaising with the Financial Controller (FC) to develop/update and implement financial and accounting policies, procedures, and strategies across the Group
Supporting the development of the Group’s annual plans, budgets, forecasts and financial performance metrics to guide business operations and strategy execution
The development and maintenance of sound financial controls across the group’s operations
Coordinating proper capturing of financial transactions and consolidation of the company’s accounts from all business units and functions
Preparing accurate, comprehensive, and timely financial and management information including tax, cash flow, management accounts, and other statutory accounts
Coordinating the preparation of the company’s financial reports
Overseeing the computation and remittance of taxes, payment of insurance premiums, and other statutory fees
Providing technical training, guidance and advise on financial accounting issues, developments, and trends
Reviewing weekly reports submitted by various departments/functional units and presents timely reports to the FC
Working with the FC to establish company-wide standards for system, data and processes. Develop, update and guide the implementation of finance SOPs across the group
Designing and guiding the implementation of a sound accounting framework and compliance with tax and other statutory provisions
Assisting the CFO in financial risk management and control
Ensuring strict adherence to HSE policies and procedures and comply with safe work methods as required.
Managing statutory reporting process, including setting timetables and providing guidelines to operational finance teams across the Group. This includes supporting the year end Group accounts and annual review process
Working with finance teams to ensure intra-group balances are regularly reconciled and variances fully investigated and resolved
Maintaining on-going liaison with relevant external bodies/contacts e.g., regulatory organisations, auditors, solicitors, banks etc.
Preparing “Letters of Credit” for approval and forwards them to the bank to facilitate the importation of products
Performing any other duty that may be assigned by Supervisor/ Line Manager.

Requirements
What are we looking for?

First Degree in Finance/ Accounting/ Economics
A post-graduate degree will be an added advantage
Relevant professional qualifications e.g., Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA)
Competency in the use of automated financial accounting and reporting applications.
Good knowledge of local and international financial regulatory standards.
Intuitiveness and attention to detail
Ability to communicate effectively
Strong analytical and leadership skills.
High level of integrity and objectivity
Creates a culture of continuous improvement.
A minimum of 10 years of relevant experience with at least 5 years at the management level.
Experience in finance, accounting, budgeting, and cost control principles.
Sound knowledge of Generally Accepted Accounting Principles.
Experience in financial management and ability to diagnose and solve complex financial problems
Ability to analyze financial data and interpret financial reports, statements, and projections.
Strong Integrity