Finance Manager at Mindas Petroleum Limited

Mindas Petroleum Limited is a Nigerian oil and gas downstream company that values transparency, excellence, trust, and business associates. The company was incorporated in 2008 under Nigerian laws.

We are recruiting to fill the position below:

Job Title: Finance Manager

Location: Lekki, Lagos
Employment Type: Full Time

The Role & Key Responsibilities

• Work closely with General Manager as part of the management team to ensure the corporation is focused on budgeted numbers and be a key partner in delivering business objectives, including but not limited to variances of revenue, OPEX, direct margin or investment / contract to provide an accurate financial position with identification of risk and opportunity.
• Robustly review the monthly P&L, working capital and balance sheet and actively participate in reviews with CFO and Controller.
• Ensure tight cost control and management of all costs in the P&L.
• Coordinate and review monthly management financial reporting package, KPIs, and take appropriate action to drive improvement.
• Oversee and resolve any issues or concerns to the local general ledger and related accounting practices, including payables, receivables, inventories, fixed assets, payrolls and balance sheet reconciliations.
• Prepare and assist with appropriate commentary or explanations relating to report items of particular interest and conduct any pertinent investigation of the accounts.
• Work with department heads/managers to manage sites annual budget including revenue/direct margin, EBITDA or CAPEX level.
• Drive a focus on optimizing cash flow throughout the corporate financial team.
• Work with operational team to ensure KPIs for efficiency and utilization are kept up date, understood and used appropriately to drive corporate financial improvement.
• Coordinate forecast and planning schedules for finance and operational teams, communicate requirements to organization on a timely basis and drive delivery schedule.
• Participate in the Commercial discussions for the business by reviewing, monitoring and advising the Sales & Legal teams of the commercial risks and costing/pricing levels during bidding and execution stages.
• Drive continuous improvement of accounting systems and internal control, including documentation of local process.
• Assist the statutory audits and liaise with the auditor as needed.
• Manage cash requirements, liaising with Group Treasury to minimize on hand cash and maximise investment returns.
• Any other delegated responsibilities as instructed by Line Management within the time-frame specified in a safe and efficient manner to meet business requirements, provided the instruction is reasonable.
• Provide effective leadership in controller-ship in accordance with the company’s values, goals and objectives.
• Ensure compliance of the organizations practices with applicable legislation and tax authorities.

Qualifications, Skills and Experience

• University Degree in Accounting / Finance or similar. Master's Degree is a plus.
• Professional accounting qualification (ACA, FCA, CA, CIMA or ACCA) preferred but not essential.
• Minimum Experience Range: 8 - 12 years accounting related work experience.
• Comprehensive knowledge of global financial reporting requirements and reporting packages.
• Ability to apply accepted accounting techniques and standard practices to the classification and recording of financial transactions.
• Advanced knowledge of Excel.
• Excellent attention to detail, analytical, organizational and time management skills.
• Previous experience within the reputable organization, manufacturing, accounting firm, oil, gas and/or petrochemical industries.
• Excellent oral and written communicator with the ability to communicate effectively at all levels internally and externally.
• Effective team building, motivation and leadership skills.
• Ability to identify and implement process improvements.
• Ability to work with contracts, terms & conditions ensuring legal/intellectual property is adhered to.
• Be able to work independently and take ownership for assigned work
• Able to effectively manage consultants and channels.

Application Closing Date
23rd May, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.