Financial Controller at Petrogap Oil and Gas Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
80253
Job Views
119

Job Description



Job 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 forecastingmodels.

  • Present revised financial forecasts based on actual spend and the organisation's financial position.

  • Responsible for financial investments and capital growth

  • Advise on the organisation's reserves and investment policy

  • Research and recommend financing alternatives, analyzing options and providing recommendations to the Management.

  • Structuring debt arrangements with lenders, Managing corporate investments and Monitoring cash flow.

  • Ensures the maintenance of 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.

  • Responsible for the Asset and Liability Management.

  • 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 the Bank on Transaction rates and Foreign Translation rates.

  • Payroll administration and preparation of monthly 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



  • First Class grade, minimum 2:1 in BSc in Accounting or related discipline

  • 5 -7 years of relevant experience. Experience working in the Oil and Gas industry will be an added advantage.

  • Accounting certification is required (ICAN, ACCA, ACA).

  • Strong experience/knowledge in Financial Reporting, Taxation, and IFRS is required.

  • Strong financial acumen and analytical skills.

  • Business acumen with a problem-solving attitude.

  • Knowledge of capital markets, accounting and finance.


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