Management Accountant Job at Nestoil Plc

Nestoil Plc was incorporated in Nigeria in 1991 for the provision of Engineering, Procurement and Construction (EPC) services to the energy and oil & gas industry. Since then, Nestoil has grown to become the leading indigenous EPC provider for major IOCs (International Oil Companies) in Sub-Saharan Africa like National Petroleum Company (NNPC) Shell, Exxon Mobil, Chevron, Total, etc.

Our Strategic Business Unit (SBU), Energy Works Technology Limited is recruiting to fill the position below:

Job Position: Management Accountant

Job Location: Warri, Delta

Job Summary

• In this role, you will work closely with our Strategic Business Units (SBUs) and departments across the Group.
• You will be responsible for coordinating the preparation of management reports, budgets, and forecasts for the group. The individual will provide accurate and timely information to management on budget versus actual, operational performance of the group and advise executive management on the implications. 
• The Management Accountant is responsible for providing accurate and timely financial information to support internal decision-making and business planning.
• The role analyses financial data, prepare budgets and forecasts, monitor costs, and provide variance analysis to help management optimize performance and achieve organizational goals.
• This role acts as a bridge between finance and operations, ensuring financial strategies align with business objectives.

Responsibilities
As a Management Accountant you will be responsible for:

• Coordinating the preparation of budgets and forecasts, as well as implement performance measures for the business.
• Producing specific weekly, monthly, and quarterly management reports to senior management in a timely manner.
• Preparing timely cash flow statements, income, and expenditure accounts.
• Monitoring and report budget performance.  Preparing variance analyse on actual expenditure/ revenue vs budget, and commentaries.
• Analysing trend/fluctuations, recommend appropriate budget levels and ensure expenditure control.
• Analysing financial and non-financial performance of the business and advise on the financial implications of business decisions.
• Offering professional judgement on financial matters and advising on ways of improving business performance.
• Liaising with internal and external auditors.
• Ensuring strict adherence to HSE policies and procedures and comply with safe work methods as required.
• Performing any other duty that may be assigned by Supervisor/line Manager.

Requirements
What are we looking for?

• Degree in Finance, Accountancy, Economics or other related field. 
• 5 to 7 years of work experience in Accounts/Finance function
• Relevant professional qualification e.g. Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA), Chartered Institute of Management Accountants (CIMA)
• Experience in finance, accounting, planning, budgeting, forecasting and cost control.  
• Strong understanding of current accounting, finance, and business principles. Knowledge of IFRS is an added advantage.  
• Ability to make projections, interpret data and make strategic recommendations. 
• Excellent knowledge of automated financial reporting systems. Sound knowledge of federal and state financial regulations. 
• Strong Integrity.
• Proficiency in the use of Ms Office Suite i.e. Word, Excel, PowerPoint
• Strong numeric, analytical, and problem-solving skills. 
• Strong written reporting skills and commercial acumen 
• Confident communication and personal interaction skills.
• Strong leadership and managerial abilities.
• Ability to work effectively under pressure, paying attention to detail and meeting deadlines. 

Note: Candidates should indicate preferred Job Location on their CV/application.