Financial Control at Petrogap Oil and Gas Limited

Job Overview

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

Additional Details

Job ID
60144
Job Views
126

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 consizolidating the departmental and organization’s budget.

    • Periodic audit of departmental processes.

    • Monitoring compliance in line with accepted accounting principles and company procedures.

    • Developing, mantaining, 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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