Oil and Gas Job in Lagos
Employment Nigeria
01-Jan-1970
NIGERIA , NIGERIA ,
The Upstream Oil and Gas sector is seeking applications from qualified candidates for the position of General Manager – Finance/Chief Finance Officer.
Job Title: GENERAL MANAGER – FINANCE/CHIEF FINANCE OFFICER
Job Location: Lagos
Job Objective
The position is central to achieving business success through judicious use and application of financial resources: guidance in business planning and performance management and cost-effectiveness business operations
Responsibilities
- Develops and implements effective financial strategies, controls framework and management systems to guide and support the Company’s business operations,
- Initiates and applies approved performance metrics related to the monitoring the financial health and cost-effectiveness of company operations, evidenced by the ability to provide fact-based updatesto the Board and Company Executive management
- Liaise with other line managers, providing consultative support to planning initiatives through financial and management information analysis, reports, and recommendations,
- Monitors the implementation of all business unit budgets in relation to actual expenditures and income, including the analysis of the quality and performance of ongoing activities in order to
- proactively identify potential performance problems and prepare timely financial and performance reports to the Company’s executive management
- Provioes financial advice on the Company’s short, medium and long term cash/funding risk situation to the company’s CEO ad management.
- Implements Board and Management financial policies in line with approved financial procedures and generally accepted Financial/Accounting practices and statutory requirements,
- Coordinates the preparation of the Company’s annual budgets. monitors and reports performance against targets,
- Prepares periodic statutory and management information reports.
- Oversees bank and creditor relationship management. www.erstores.com
- Develops and implements strategies for accessing and securing funds at cost-effective rates,
- Develops and coordinates the implementation of Finance function performance targets and service standards via a Service Level Agreement
- Manages foreign exchange risks and interest rate exposures and escalates issues to executive management
- Presents monthly financial performance reports of the Company to the Executive management team,
- Provides overall coordination and direction of all activities of the Company’s Finance Function,
Competencies
- Leadership
- Performance Management
- Planning Control
- Relationship Management
- Supervision Coaching
- Negotiation
- Business Management
- Proven Track Record
Skills
- Decision support
- Financial Management
- Financial analysis and Modeling
- Treasury and Corporate Finance
- FinancialAccounting
- ManagementAccounting
- Tax Management
- Investment and Portfolio Management
- Budgeting and financial planning
- Project finance. www.erstores.com
- Investment planning
- Performance Areas
- Financial strategies, policies and standards
- Annual budgets and performance
- Business decision support
- Performance monitoring evaluation
- Balance sheet management
- Treasury management
- Implementation of an activity-based cost accounting system
- Tax management
- Payroll management
- Bank and creditor relationships
- Financial Reporting
- Financial controls
- Knowledge of raising debt capital
- Knowledge and experience in launching company to capital market especially onshore/offshore oil & gas companies.
Performance Measures
- Company Profitability/Economic Value Added (ongoing goal) 30-50%
- Timeliness
- %, Budget variances
- Management Information Reporting
- Timeliness and accuracy
- Achievement of targets
- Optimization of asset turnover
- Cash flow and liquidity position
- Cost management
- Level of tax burden, timeliness, exposure
- Timeliness, accuracy, staff satisfaction
- Cost of funds. www.erstores.com
- Loan portfolio and conditions
- Timeliness and accuracy of financial reports
- Fraud levels
- Financial Losses
Qualifications and Experience
- Bachelor’s degree in Finance, Accounting or any finance related course
- A Master’s degree in Business Administration preferably finance option
- Relevant professional qualifications e.g. Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA).
- Minimum of 15 years post-graduation experience with at least 8 years at senior management level in the industry preferably starting career with the audit practice.
How to Apply
Interested applicants who meet these requirements should forward their applications to: info@ascensioncsng.com
Application Deadline: 14 April, 2014
Sorry the application deadline for this job has elapsed
