FINANCE MANAGER

About Company:

Nestoil Plc was incorporated in Nigeria in 1991 for the provision of Engineering, Procurement and Construction (EPC) services to the energy and oil & gas industry. Since then, Nestoil has grown to become the leading indigenous EPC provider for major IOCs (International Oil Companies) in Sub-Saharan Africa like National Petroleum Company (NNPC) Shell, Exxon Mobil, Chevron, Total, etc. Employing highly dedicated, skilled and goal-driven professionals and using unique and innovative technology, Nestoil Plc delivers excellent, first class and cost effective solutions to industry problems. At Nestoil, our policy is to use the best resources, with stringent supervision that assures safe working conditions and excellent quality. We are also committed to the optimization of local content in all aspects of our business and the growth of our workforce and host communities. Indeed, Nestoil has earned its reputation as a company with world class project execution capacity during the past 19 years of operation in the Nigerian Oil and Gas industry. Nestoil has invested heavily in the development of its human and material capacity. In terms of equipment and facilities, Nestoil is second to none. Our fabrication yard in the Nestoil Industrial Area, Abuloma Port Harcourt is among the top three best fabrication yards in Nigeria sitting on several hectares of land.

Job Description:

We are on an evolutionary journey where we’re changing our story. We are looking to
hire an experienced Finance Manager to join our diverse team in our Company.
In this role, you will ensure accurate reporting and analysis of the company’s financial
transactions. You will also be responsible for effectively managing the company’s
financial resources as well as recommending strategies for managing operational costs
and maximizing profits.
As a Finance Manager, you will be responsible for:

• Liaising with the Financial Controller (FC) to develop/update and implement
  financial and accounting policies, procedures, and strategies across the Group
• Supporting the development of the Group’s annual plans, budgets, forecasts and
  financial performance metrics to guide business operations and strategy
  execution
• Working with the FC to establish company-wide standards for system, data and
  processes. Develop, update and guide the implementation of finance SOPs
  across the group
• Designing and guiding the implementation of a sound accounting framework and
  compliance with tax and other statutory provisions
• The development and maintenance of sound financial controls across the group’s
  operations
• Coordinating proper capturing of financial transactions and consolidation of the
  company’s accounts from all business units and functions
• Preparing accurate, comprehensive, and timely financial and management
  information including tax, cash flow, management accounts, and other statutory
  accounts
• Coordinating the preparation of the company’s financial reports
• Managing statutory reporting process, including setting timetables and providing
  guidelines to operational finance teams across the Group. This includes
  supporting the year end Group accounts and annual review process
• Working with finance teams to ensure intra-group balances are regularly
  reconciled and variances fully investigated and resolved
• Maintaining on-going liaison with relevant external bodies/contacts e.g.,
  regulatory organisations, auditors, solicitors, banks etc.
• Preparing “Letters of Credit” for approval and forwards them to the bank to
  facilitate the importation of products
• Overseeing the computation and remittance of taxes, payment of insurance
  premiums, and other statutory fees
•  Providing technical training, guidance and advise on financial accounting issues,
  developments, and trends
• Reviewing weekly reports submitted by various departments/functional units and
  presents timely reports to the FC
• Assisting the CFO in financial risk management and control
• Ensuring strict adherence to HSE policies and procedures and comply with safe work methods as required.
• Performing any other duty that may be assigned by Supervisor/ Line Manager

Requirements:

• First Degree in Finance/ Accounting/ Economics
• A post-graduate degree will be an added advantage
• Relevant professional qualifications e.g., Institute of Chartered Accountants of
  Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA)
• A minimum of 10 years of relevant experience with at least 5 years at the
  management level.
• Experience in finance, accounting, budgeting, and cost control principles.
• Sound knowledge of Generally Accepted Accounting Principles.
• Experience in financial management and ability to diagnose and solve complex
  financial problems
• Ability to analyse financial data and interpret financial reports, statements, and
  projections.
• Strong Integrity
• Competency in the use of automated financial accounting and reporting
  applications.
• Good knowledge of local and international financial regulatory standards.
• Intuitiveness and attention to detail
• Ability to communicate effectively
• Strong analytical and leadership skills.
• High level of integrity and objectivity
• Creates a culture of continuous improvement.

Salary

Application Closing Date: Not specified

Application Instructions:

CLICK THE LINK BELOW TO APPLY