Head of Finance and Accounts at Petrogap Oil and Gas Limited

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Petrogap Oil and Gas Limited was incorporated as a response to the emerging trends in the dynamic Oil & Gas industry. We are a wholly indigenous company and registered player in the Upstream, Midstream and Downstream sectors of the Oil & Gas industry.

We are recruiting to fill the position below:

Job Title: Head of Finance and Accounts

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Location: Victoria Island, Lagos

Job Responsibilities
Treasury:

  • Maintain stewardship for financial assets and debt, including being in charge of cash management, debt management and investment management functions of the organization and its affiliated entities.
  • Develop and implement daily, monthly and quarterly cash forecasting models.
  • Present revised financial forecasts based on actual spend and the organisation’s financial position.
  • Responsible for financial investments and capital growth
  • Advise on the organisation’s reserves and investment policy
  • Research and recommend financing alternatives, analyzing options and providing recommendations to the Management.
  • Structuring debt arrangements with lenders, Managing corporate investments and Monitoring cash flow.
  • Ensures the maintenance of corporate liquidity and financial stability.

Tax:

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  • Liaise with Tax Authorities, Auditors and other Regulatory bodies as regards preparation and filing of the Audited Financials and other Tax related matters.
  • Ensuring prompt remittance and various statutory deduction i.e VAT, PAYE, CIT, Pension Fund etc.

Financial Accounting:

  • Preparing Financial Statement in line with the IFRS standards.
  • Responsible for the Asset and Liability Management.
  • Preparing and Maintaining balance sheet schedules, ledgers, profit and loss statement, monthly and yearly financial statements and other reports
  • Carrying out monthly bank account closing and analysis.
  • Carry out bank reconciliation analysis and account audit
  • Liaise with Bank on Transaction rates and Foreign Translation rate.
  • Payroll administration and preparing of monthly sales reports for analysis.
  • Developing and consolidating the departmental and organization’s budget.
  • Periodic audit of departmental processes.
  • Monitoring compliance in line with accepted accounting principles and company procedures.
  • Developing, maintaining and implementing financial internal controls, policies and procedures.

Job Requirements

  • Knowledge of capital markets, accounting and business finance
  • First Class grade, minimum 2:1 in BSc in Accounting or related discipline
  • At least 6 years of relevant experience. Experience working in the Oil and Gas industry will be an added advantage.
  • Accounting certification is required (ICAN, ACCA, ACA). Candidates in-view will be considered.
  • Strong experience/knowledge in Financial Reporting, Taxation and IFRS is required.
  • Strong financial acumen and analytical skills.
  • Business acumen with a problem-solving attitude.

Application Closing Date
15th November, 2021.

How to Apply
Interested and qualified candidates should send both CV & Passport Photograph to: [email protected] using “Head of Finance and Accounts” as the subject of the email

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