Group Financial Controller - Expatriate Job in a Leading Oil & Gas and Engineering Company

⏲ Jul 2, 2016, 11:22 AM
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Adexen HR and Recruitment Services is seeking to recruit an Expatriate Group Financial Controller for one of its clients in the Oil&Gas and Engineering sector for its Nigerian operations.
Our client is a leading Oilfield Equipment, Structural Steel and Marine Structures Engineering and Fabrication Company. Today, the Group plays a leading role in meeting the needs of the Oil & Gas, Telecommunications and Power Industries by supplying products and services to international standards, previously only imported.

Job Title: Group Financial Controller - Expatriate
Job description

Overall responsibility for articulating and formulating appropriate strategies for the finance function in order to attain the corporate goals and objectives
Responsible for providing leadership, guidance, overall management of the finance function and implementation of Group’s finance objectives, policies and procedures

Strategic

Oversee and drive the finance function’s operational strategy, annual plans and programmes
Ensure alignment of the function’s strategy with Group’s corporate strategy, goals and objectives
Oversee the process of financial planning, budgeting and forecasting
Develop and maintain strategic relationships with key banks and other financial institutions
Develop and review benchmarks for measuring the financial and operating performance of the various divisions that make up the Group
Assess and report on trends and opportunities for expansion and make projections for future business growth
Identify risks and long-term financial implications of intended corporate projects/ initiatives, and advise the Board accordingly
Articulate, develop and implement strategies to ensure that funding requirements are proactively anticipated and met at a reasonable cost

Operational

Authorise expenditure/ transactions in line with the organisation’s approved authority limits
Coordinate timely preparation, consolidation and reporting of monthly and annual financial statements and ensure they reflect the Group’s financial position and comply with statutory and regulatory requirements
Periodically review key financial activity, management accounts and business performance reports and take appropriate action to ensure the organisation’s business objectives are achieved
Ensure availability of adequate funding and cashflow management as required for business operations, in line with the Company’s financial policies
Oversee preparation of financial analysis for contract negotiations and investment decision making purposes
Manage capital budgeting process; periodically review business valuations and provide recommendations to the Board
Ensure compliance with taxation requirements and achieve budgeted effective tax rate for the Company
Establish robust financial controls, systems and procedures as necessary
Manage the relationship with external auditors, regulatory bodies/authorities and financial management consultants
Manage and develop framework for delegation of authority on financial issues and present to the Board for approval
Provide timely, accurate and relevant financial information for decision making
Articulate specific strategies for effectively identifying, assessing and controlling financial risks and maintain internal control systems to safeguard financial assets
Ensure on-going incorporation of leading practices in the operations and activities of the department

Expectations

Bachelor’s degree in Accounting or related discipline
Professional accounting certification, e.g. ACA, ACCA, CPA, CFA, CIMA, or other relevant higher business degree
Minimum of twelve (15) years cognate experience, of which at least four (4) years at senior management level
Good knowledge of modern financial/ accounting systems/ enterprise resource planning applications
Strong organisational development skills including business analysis, problem solving, communication, consensus building and people development
Excellent entrepreneurial orientation.
Strong interpersonal and networking skills
High ethical standards and integrity
Excellent business presentation, documentation and analytical skills
Experience in oil and gas, engineering, fabrication, construction or other industrial sectors preferable
Strong knowledge of project cost accounting, budgeting and budgetary control techniques
Experience in strategic financial planning and analysis
Extensive financial and accounting knowledge, including in depth understanding of finance best practices, international financial reporting standards (IFRS) and generally accepted accounting principles (GAAP)
Demonstrable competence in financial management and administrative functions
Knowledge of tax principles, local tax regime and legislations as well as their implications on the Company’s operations