Financial Control Officer at Petrogap Oil and Gas Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
56868
Job Views
86

Job Description



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.

  • 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

  • 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.


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.

  • 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

  • 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.


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.

  • Business acumen with a problem-solving attitude.

  • Detailed knowledge of accounting principles and practices.

  • Statutory regulations (IFRS).

  • Understanding of taxation commercial law.

  • Broad understanding of global & regional economics.

  • Knowledge of financial principles

  • Proficient in Excel and Microsoft SuitesGood negotiation skills, Innovative, Leadership, Planning, Interpersonal skills, and Communication skills

  • Ability to work under pressure and Attention to detail.

  • Candidates should have 2 years+ management experience


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