Head, Financial Reporting at a Leading Oil & Gas Company - Deloitte Nigeria

Deloitte Nigeria - Our client, a leading Oil & Gas company, is recruiting to fill the position below:

Job Title: Head, Financial Reporting

Location: Port Harcourt, Rivers
Employment Type: Full Time

Responsibilities
Financial Reporting Strategy:

• Develop and implement a comprehensive financial reporting strategy aligned with Company's objectives, regulatory requirements, and industry best practices
• Establish reporting frameworks, policies, and procedures to ensure consistency and integrity in financial reporting across the group.

Financial Statement Preparation:

• Lead the preparation of consolidated financial statements for the holding company and its subsidiaries in accordance with relevant accounting standards (e.g., IFRS, GAAP).
• Coordinate with finance teams at subsidiary levels to gather financial data, reconcile intercompany transactions, and consolidate financial results accurately.

Internal Controls and Compliance:

• Establish and maintain internal controls over financial reporting (ICFR) to ensure the accuracy and reliability of financial information.
• Monitor compliance with accounting standards, regulations, and internal policies, and implement remedial actions as needed to address deficiencies and mitigate risks.

Financial Analysis and Interpretation:

•   Conduct in-depth analysis of financial statements and performance metrics to assess the financial health, profitability, and efficiency of the group's operations.
• Provide insights and recommendations to senior management based on financial analysis to support strategic decision-making and resource allocation.

Budgeting and Forecasting:

• Collaborate with finance teams to develop annual budgets, financial forecasts, and long-range financial plans for the company's and its subsidiaries.
• Monitor budget variances, analyze financial performance against targets, and identify areas for cost optimization and revenue growth.

External Audit and Regulatory Reporting:

• Coordinate external audits and regulatory filings for the Company's financial statements, ensuring compliance with regulatory requirements and deadlines.
• Serve as the primary point of contact for external auditors and regulatory authorities, facilitating the audit process and addressing inquiries and requests.

Investor Relations Support:

• Support investor relations activities by providing accurate and timely financial information to shareholders, analysts, and other stakeholders.
• Assist in the preparation of investor presentations, annual reports, and other communication materials to communicate the group's financial performance and strategic initiatives effectively.

System Enhancements and Automation:

• Identify opportunities to enhance financial reporting processes through automation, standardization, and optimization of financial systems and tools
• Implement technology solutions and data analytics capabilities to streamline reporting workflows and improve efficiency

Talent Development and Team Management:

• Build and develop a high-performing financial reporting team, providing leadership, guidance, and mentorship to team members.
• Foster a culture of excellence, collaboration, and continuous learning to support career growth and professional development.

Risk Management:

• Identify and mitigate risks associated with financial reporting processes, including accounting errors, fraud risks, and data integrity issues.
• Develop and implement risk mitigation strategies and controls to safeguard the integrity and reliability of financial information.

Continuous Improvement:

• Stay abreast of emerging accounting standards, regulatory changes, and industry trends related to financial reporting.
• Continuously evaluate and enhance financial reporting practices, policies, and procedures to adapt to evolving business needs and regulatory requirements.

Requirements

• Minimum of Bachelor’s Degree in Accounting, Business Administration, or related Course
• MBA or master’s in finance will be an added advantage
• Possess ICAN certification
• 10 - 12 years’ experience, of which at least 5 years are in a middle management role.
• Proficiency in financial reporting software and tools, such as ERP systems, spreadsheet applications, and financial management software

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online