Finance / Account Manager at Western Development Company Limited (WDCL)

Job Overview

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

Additional Details

Job ID
78139
Job Views
102

Job Description



Job Description



  • We are currently seeking a highly experienced and qualified Finance/Account Manager to oversee all financial operations and accounting functions within our organization.

  • The Finance/Account Manager will play a critical role in managing financial risks, ensuring compliance with regulatory requirements, and providing strategic financial guidance to support business growth and profitability.

  • The ideal candidate will have a strong background in finance and accounting, with extensive experience in the Oil & Gas industry.


Responsibilities



  • Oversee the day-to-day financial operations of the company, including financial planning, budgeting, cash flow management, and financial reporting.

  • Develop and implement financial policies, procedures, and controls to ensure accuracy, transparency, and compliance with regulatory standards and industry best practices.

  • Manage the preparation of financial statements, reports, and forecasts, and present financial performance metrics to senior management and stakeholders.

  • Monitor and analyze financial data and key performance indicators (KPIs) to identify trends, variances, and opportunities for improvement, and make recommendations for strategic decision-making.

  • Lead the annual budgeting process and long-term financial planning initiatives, working closely with department heads and senior management to align financial goals with business objectives.

  • Manage relationships with banks, financial institutions, auditors, and other external stakeholders, and ensure timely and accurate compliance with all statutory and regulatory requirements.

  • Coordinate with project teams, procurement, and accounting staff to track project costs, revenue recognition, and billing processes, ensuring accuracy and completeness of financial records.

  • Lead financial risk management activities, including assessment of credit risk, foreign exchange exposure, and hedging strategies, to mitigate financial risks and optimize financial performance.

  • Provide strategic financial guidance and support to senior management on investment decisions, capital allocation, and business expansion initiatives.

  • Mentor and develop finance and accounting staff, fostering a culture of continuous learning, professional development, and high performance.


Requirements



  • Bachelor's Degree in Accounting, Finance, Business Administration, or related field; Master’s degree or professional certification (e.g., ACCA, CPA, CFA) is preferred.

  • Minimum of 10 years of progressive experience in finance and accounting roles, with at least 5 years of experience in a managerial or leadership capacity.

  • Extensive knowledge of financial principles, accounting standards, taxation, and regulatory requirements, particularly in the Oil & Gas industry.

  • Proven track record of financial management, budgeting, forecasting, and financial analysis, with a focus on driving business performance and profitability.

  • Strong leadership and team management skills, with the ability to inspire, motivate, and develop a high-performing finance team.

  • Excellent communication and interpersonal skills, with the ability to interact effectively with senior management, board members, and external stakeholders.

  • Advanced proficiency in financial modeling, spreadsheet analysis, and financial management software (e.g., SAP, Oracle, QuickBooks).

  • Demonstrated ability to work collaboratively across functions and departments, with a customer-centric approach to financial management and decision-making.

  • Strategic mindset, with the ability to think analytically, anticipate future trends, and develop innovative solutions to complex financial challenges.

  • High level of integrity, professionalism, and ethical conduct, with a commitment to upholding the highest standards of financial governance and compliance.


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