Job Vacancies at Sahara Group

Sahara Group is a leading international energy and infrastructure conglomerate with operations in over 38 countries across Africa, Middle East, Europe and Asia. Spanning three decades, we have broken ground and challenged stereotypes across the global business landscape. The women and men who make up our organization are our strongest levers for growth.

We are recruiting to fill the following positions below:

1.) Budget Analyst Officer

Job Requisition ID: 458
Job Location: Victoria Island, Lagos 
Job type: Full-time

Key Responsibilities
Budgeting & Planning:

• Lead the development and consolidation of annual budgets in collaboration with asset managers, department heads, and project teams.
• Translate operational and project plans into financial budgets, ensuring consistency with corporate objectives.
• Develop and maintain budget models, templates, and guidelines to support accurate planning.

Cost Control & Monitoring:

• Implement and oversee detailed cost control systems, tracking actual spend against approved budgets and AFEs (Authorizations for Expenditure).
• Investigate variances, identify root causes, and recommend corrective actions.
• Ensure that all cost data is accurate, timely, and aligned with company accounting policies and JV requirements.

Forecasting & Reporting

• Manage monthly and quarterly expenditure re-forecasting, providing early warning of potential overruns or underspending.
• Prepare and deliver timely cost performance reports and dashboards for senior management.
• Support decision-making by providing actionable insights on expenditure trends, cost efficiency, and resource utilization.

Stakeholder Engagement:

• Partner with project managers and asset teams to monitor project expenditures and improve financial accountability.
• Liaise with JV finance, auditors, and regulatory bodies to support transparent reporting and compliance.
• Provide training and guidance to non-finance staff on cost control principles and practices.

Process & Systems Improvement:

• Continuously improve budgeting, forecasting, and cost reporting processes, tools, and methodologies.
• Leverage ERP systems and analytical tools to enhance data accuracy and reporting efficiency.
• Promote standardization and best practices across cost management processes.

Minimum Qualification / Experience

• Bachelor’s degree in Finance, Accounting, Engineering, or a related field. A Master’s degree or MBA is an advantage.
• A minimum of 4 years of experience in budgeting, cost control, or financial management within the oil and gas industry.
• Professional certifications such as CPA, CMA, ACCA, or PMP are highly desirable.

Knowledge/Skills:

• Knowledge, experience and proficiency demonstrated in all the activities described above. 
• Proficient in financial modeling, cost management software (e.g., SAP, Oracle), and MS Excel.
• Strong knowledge of upstream oil & gas project economics, AFEs, and cost control frameworks.
• Ability to present complex financial data in clear, actionable insights for decision-making.
• Familiarity with IFRS/GAAP and JV accounting practices.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively in a team environment.

Click here to apply online

2.) Financial Analyst

Job Requisition ID: 459
Job Location: Victoria Island, Lagos 
Job type: Full-time

Key Responsibilities
Management Reporting & Dashboards:

• Prepare routine and ad-hoc management reports, including performance packs, dashboards, and key operational/financial metrics (e.g., production volumes, cost per BOE, lifting cost reports, OPEX vs. budget).
• Ensure all reports are delivered on time and presented in a clear, concise, and actionable format.
• Support preparation of board-level and executive management presentations.

Data Gathering & Validation:

• Collect, reconcile, and validate data from multiple sources, including operations, accounting, and engineering.
• Ensure integrity and accuracy of financial and operational datasets used for reporting and decision-making.
• Develop and maintain robust data controls and audit trails.

Financial & Operational Analysis:

• Conduct variance analyses (actuals vs. budget/forecast) across CAPEX, OPEX, and production metrics.
• Analyze trends, drivers, and underlying factors impacting financial and operational performance.
• Provide actionable insights and early warning signals to management regarding performance gaps or opportunities.

Benchmarking & Industry Analysis:

• Perform benchmarking studies to compare company performance against peers and industry best practices.
• Track commodity price trends, cost benchmarks, and operational efficiency metrics relevant to upstream oil & gas.
• Support competitive intelligence initiatives to guide strategic positioning.

Modeling & Decision Support:

• Build and maintain financial and operational models to support decision-making on projects, budgets, and investments.
• Conduct sensitivity analysis and scenario planning to evaluate financial impact under different assumptions.
• Partner with business units to provide financial insight into operational and strategic decisions.

Minimum Qualification/Experience

• Bachelor’s degree in Finance, Accounting, Engineering, or a related field. A master’s degree or MBA is an advantage.
• 3–5 years of experience in financial analysis, reporting, or planning, ideally within oil & gas, energy, or capital-intensive industries.
• Professional certifications such as CPA, CMA, ACCA, or ICAN are highly desirable.

Knowledge/Skills:

• Knowledge, experience and proficiency demonstrated in all the activities described above. 
• Familiarity with IFRS and other relevant financial regulations in the oil and gas industry.
• Proficient in financial modeling, cost management software (e.g., SAP, Oracle), and MS Excel.
• Strong technical skills in Excel, financial modeling, and data visualization tools (e.g., Power BI, Tableau).
• Familiarity with IFRS/GAAP and corporate governance standards.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively in a team environment.

Click here to apply online

3.) Risk Analyst

Job Requisition ID: 441
Job Location: Victoria Island, Lagos 
Job type: Full-time

Role Accountabilities 

• Support special projects related to the development and maturation of ERM programs
• Help facilitate various business needs such as data analysis and risk report creation
• Assist in the collection of data that may pertain to specific market, business or competitive analyses
• Assist in the management of project plans (including project timelines, data requirements, specific steps).
• Support in maintaining and improving risk management processes, data forms, and reports.
• Provide support to business and process lines on risk identification, assessment, mitigation, monitoring, documentation, and reporting.
• Maintain a dynamic enterprise-wide Asset risk register and events & near[1]misses register
• Generate and compile risk data, mine and analyze the data regularly and generate summary risk reports
• Provide support to business and process lines in developing their processes and procedures with risk consideration.
• Review policies and processes regularly and identify and escalate gaps that need to be addressed.
• Follow up on risk management recommendations to ensure timely and complete implementation.
• Create risk awareness and facilitate risk management training, seminars or workshops.
• Monitor activities and processes in the company to ensure that laid down processes are being followed.
• Use analytical software to calculate risk costs for key business decisions.
• Comply with requirements of ISO 31000 standard and COSO framework 2017 and the Enterprise Risk Management Framework and all such related applicable regulations related to assigned jobs.
• Organize risk financial data and risk budget.
• Prepare reports and anticipate profits or losses from strategic business decisions.
• Ability to research potential clients, to ascertain theirs / our risk profiles.
• Develop systems and processes for gathering, storing, and retrieval of data for analytics.
• Monitoring data points that may affect the risk level of a decision-making process.
• Carry out any other duties as requested by the Asset Risk Manager.

Minimum Requirements & Skills

• BSc. in Finance or equivalent in Science or Social Science field
• At least 4 – 6 years of E&P experience and exposure.
• Knowledge of the fundamentals of Upstream Operations.
• Excellent interpersonal and team skills.
• Experience with working in a multi-discipline and/or multi-cultural team is advantageous.
• Risk management experience in relevant sector.
• Commercial, contract management and cost awareness
• Previous exposure to engagement Government & Regulatory Stakeholders will be an advantage.
• Good understanding of the risks and commercial issues associated with upstream assets.
• Strong foundation in data analysis with the ability to work independently, as well as challenge and support others.
• Oral and written communication skills.
• Data Analytical skills
• Organizational skills
• Persuasive skills.

Click here to apply online