We are seeking an experienced Finance Manager to join our diverse team at Nestoil Plc.
As the Finance Manager, your primary responsibility will be to ensure precise reporting and analysis of the company’s financial transactions. Additionally, you will play a vital role in effectively managing our financial resources and providing recommendations for optimizing operational costs and maximizing profits.
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SUMMARY
Job Type:
- Full Time
Qualification:
- BA/BSc/HND
Experience:
- 10 years
Job Field:
- Finance / Accounting / Audit
FINANCIAL MANAGER AT NESTOIL PLC
As a Financial Manager you will be responsible for:
- Develop/update and implement financial and accounting policies, procedures, and strategies across the Group in collaboration with the Financial Control (FC).
- Support the development of annual plans, budgets, forecasts, and financial performance metrics for the Group to guide business operations and strategy execution.
- Establish company-wide standards for system, data, and processes in coordination with the FC and guide the implementation of finance SOPs across the group.
- Design and ensure compliance with tax and other statutory provisions, establishing a sound accounting framework.
- Maintain sound financial controls across the group’s operations.
- Coordinate the capturing of financial transactions and consolidation of accounts from all business units and functions.
- Prepare accurate, comprehensive, and timely financial and management information, including tax, cash flow, and statutory accounts.
- Coordinate the preparation of the company’s financial reports and manage the statutory reporting process, setting timetables and providing guidelines to operational finance teams.
- Reconcile intra-group balances and investigate and resolve variances with finance teams.
- Maintain ongoing liaison with external bodies/contacts such as regulatory organizations, auditors, solicitors, and banks.
- Prepare and submit “Letters of Credit” to the bank for product importation approval.
- Oversee the computation and remittance of taxes, payment of insurance premiums, and other statutory fees.
- Provide technical training, guidance, and advice on financial accounting issues, developments, and trends.
- Review and present timely reports to the FC based on weekly reports from various departments/functional units.
- Assist the Financial Officer (FO) in financial risk management and control.
- Ensure strict adherence to HSE policies and procedures and comply with safe work methods.
- Perform any other duties assigned by the Supervisor/Line Manager.
What are we looking for
- Required Qualifications:
- First Degree in Finance/ Accounting/ Economics.
- Post-graduate degree (advantageous).
- Relevant professional qualifications (e.g., ICAN, ACCA).
- Experience:
- Minimum of 10 years of relevant experience.
- At least 5 years at the management level.
- Experience in finance, accounting, budgeting, and cost control principles.
- Knowledge of Generally Accepted Accounting Principles.
- Financial management experience and problem-solving abilities.
- Ability to analyze financial data and interpret reports, statements, and projections.
- Personal Attributes:
- Strong integrity.
- Competency in automated financial accounting and reporting applications.
- Familiarity with local and international financial regulatory standards.
- Intuitiveness and attention to detail.
- Effective communication skills.
- Strong analytical and leadership skills.
- High level of integrity and objectivity.
- Promotes a culture of continuous improvement.
APPLICATION DEADLINE
Applications close on 22nd June 2023.
METHOD OF APPLICATION
To apply for this position click the button below:
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