Job Description
Key Responsibilities
Financial Reporting and Analysis:
- Prepare and analyze monthly, quarterly, and annual financial statements.
- Summarize current financial status by collating information, and preparing balance sheets, profit and loss statements, and other reports.
- Provide accurate and timely financial reports to senior management.
- Reconcile financial discrepancies by collecting and analyzing account information.
Budgeting and Forecasting:
- Coordinate the development of annual operating, capital, and program budgets.
- Prepare financial projections and budgets in line with the business plan.
- Participate in financial standards setting and forecast process.
Accounting Operations:
- Oversee accounts payable, receivable, and storehouse functions, ensuring timely payments and collections.
- Drive process and system transformations to enhance financial operations and reporting accuracy.
- Reconciled budgets, accruals, prepayments, and other financial records.
- Substantiate financial transactions by auditing documents.
- Developed and implemented financial systems, processes, and procedures.
- Ensure timely and accurate processing of financial transactions.
- Provide technical support and advice on Management accounting.
- Review and recommend modifications to accounting systems and procedures.
Payroll Administration:
- Manage payroll administration, ensuring accuracy and compliance with relevant regulations.
Compliance and Risk Management:
- Ensure compliance with national and local financial requirements by studying existing and new legislation.
- Develop and implement best practices and tools for financial management.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- Maintain accounting controls by preparing and recommending policies and procedures.
Team Management:
- Manage finance personnel and oversee financial systems.
- Assist in training and resource development initiatives to build capacities and enhance team performance.
- Foster a culture of continuous improvement and professional development within the team.
Stakeholder Engagement and Reporting:
- Maintain effective relationships and coordination with key stakeholders, including related entities and government bodies.
Qualifications
- Bachelor’s Degree in Finance, Accounting, or related field; ICAN or equivalent qualification preferred.
- Minimum of 5 years in Finance/Account Management in the maritime or oil and gas industry.
- In-depth knowledge of corporate financial law and risk management practices.
- Excellent knowledge of data analysis and forecasting methods
- Proficient in the use of MS Office and financial management software.