Manager, General Accounts & Control Job at Oando Plc

Oando Plc is one of Africa’s largest integrated energy solutions provider with a proud heritage. It has a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP).

We are recruiting to fill the position below:

Job Position: Manager, General Accounts & Control

Job Location: Lagos, Nigeria
Job type: Full-Time
Department: Financial Reporting
Supervises: Assistant Manager General Accountant, Senior Accountant
External Contacts: External Auditors (BDO & PwC), Facilities agents of lenders (Senior Secured Facility and Corporate Facility)
Reports to: Division Manager Financial Reporting & non E&P Entities

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.

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

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.

Requirements
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.

Job Specification:

• Strong Accounting Background – Good Accounting Degree.
• Working experience of 11 years of which a minimum of five years of experience in a big 4 audit and accounting firm would be an advantage.
• Membership of a recognized Accounting Professional Body (ACA / ACCA / CPA)
• Good knowledge of IFRS and particularly consolidation.