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Manager, General Accounts & Control at Oando Plc

Posted on Mon 23rd Dec, 2024 - hotnigerianjobs.com --- (0 comments)


Oando Plc is one of Africa’s largest integrated energy solutions provider with a proud heritage. It has a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP).

We are recruiting to fill the position below:

Job Title: Manager, General Accounts & Control

Location: Lagos, Nigeria
Job type: Full-Time
Department: Financial Reporting
Supervises: Assistant Manager General Accountant, Senior Accountant
External Contacts: External Auditors (BDO & PwC), Facilities agents of lenders (Senior Secured Facility and Corporate Facility)
Reports to: Division Manager Financial Reporting & non E&P Entities

Job Purpose

  • Primarily responsible for finalization of statutory accounts and ownership of accounts within the Upstream division of Oando PLC.
  • To ensure adherence to International Financial Reporting Standards “IFRS”. and the Companies and Allied Matters Act “CAMA” which are due on a monthly, quarterly and annual basis. Manage audits and external verification of the books of the company
  • The role is also responsible for supervising, reviewing the outputs of three financial reporting accountants assigned to subsidiaries within and outside Nigeria.

Scope of Responsibility & Accountability

  • Second level Supervisor – Supervise Financial Reporting Accountants.
  • Work with Little supervision and ability to ensure minimal errors in preparing all reports.
  • Present financial analysis and evaluation of periodic financial information.
  • Ensure compliance with local rules and regulations with respect to disclosures for private and publicly traded entities.
  • Perform in-depth assessment of new accounting standards and their relevance and impact to the group’s accounting policies.
  • Actively drive the implementation of adequate internal controls over the financial reporting process. Recommend suggestions for improvement to the Head of Dept
  • Coordinate the provision audit requirements to the external auditors during periodic reviews and year end audits.

Major Responsibility Area
Essential Function:

  • Co-ordinate support for Month end and Quarterly close in line with listing requirements
  • Managing audit requirements with BDO and PwC for the consolidated entities.
  • Supervise General Accountants, Senior Accountants, and Assistant Manager.
  • Review, consolidate and recommend actions for key reconciliations done by the Financial Reporting accountants.
  • Approve key reconciliations/schedules for internal reporting requirements including financial results used the Group Leadership Council and Board package.
  • Support the Division Manager Financial Reporting & non E&P Entities and CFO in preparation of relevant financial reports to monitor performance and support decision making.
  • Coordinate the activities and inputs of other Finance work streams to ensure the correctness and completeness of the reports.

Non-Essential Function:

  • Oversee support and assistance on Tax audits.
  • Support JV accounting team on treatment of complex transactions

Key Performance Indicators

  • Review and approval of monthly, quarterly and annual consolidated financial reports with strict adherence to agreed deadlines.
  • Ensure timely completion of audits and reviews.
  • Effectiveness of internal controls over financial reporting.
  • Ensure financial statements and disclosures are in line with IFRS.
  • Balanced Consolidated FS.

Requirements
Core Competencies:

  • Strong and effective Interpersonal Skills
  • Good knowledge of IFRS
  • Preparation of statutory financial statements
  • Oil and Gas Accounting
  • Working Knowledge of Oil and Gas Industry, PSC and and Joint Venture Arrangements
  • Computer Skills – Microsoft Office and Accounting software
  • Ability to think strategically and holistically and provide direction and coaching to the team.

Job Specification:

  • Strong Accounting Background – Good Accounting Degree.
  • Membership of a recognized Accounting Professional Body (ACA / ACCA / CPA)
  • Working experience of 11 years of which a minimum of five years’ experience in a big 4 audit and accounting firm would be an advantage.
  • Good knowledge of IFRS and particularly consolidation.

Application Closing Date
Not Specified.

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


  

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