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.
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.
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
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
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
Apply via :
oando.breezy.hr