Finance Manager

2 weeks ago

Lagos, Lagos, Nigeria WTS Energy Full time

Job Purpose:

  • Coordinate and provide leadership for all Budget & Planning activities.
  • Coordinate Company's Crude Oil Stock, Nomination, sales, and Receipt of sales Proceeds.
  • Coordinate, Supervise and Review all the department's functions as may be carried out by all the staff of the department.

RESPONSIBILITIES

  • Prepare monthly budget and performance status report for management.
  • Intervene and manage unresolved JV issues before they are escalated.
  • Attend external meetings and proceedings on Budget and Joint Venture Work program issues.
  • Manage all the staff of the department to achieve the departmental goals.
  • Identify the skills and talents in the staff of the department to be able to deploy for appropriate role.
  • Responsible for the timely preparation of management reports on a quarterly basis.
  • Ensure regular allocation of funds for the statutory payments to government agencies; FIRS, NDDC, LIRS etc.
  • Generate Monthly Cash Plan Statement for planning purposes.
  • Supervise and ensure prompt preparation of Monthly cash call request and submit to Joint Venture Partners
  • Generate improvement report on budgeting and performance issues.
  • Ensure maximum approval of the JV expenditure with all Joint Venture Partners
  • Oversee and monitor lifting details such as TBN, ETA, quantity, port of discharge and other documentation required of each lifting as submitted by COMD.
  • Own contractual agreements and ensure that all financials' issues are well captured.
  • Deliver a Gas Sales Agreement which offers maximum value to Company.
  • Maintain a constant interface between the company and other government agencies, such as Joint Venture Partners, National Assembly etc.

ACCOUNTABILITIES

  • Update management on any critical issues with any of the partner/regulatory stakeholders.
  • Represent the company at any deliberations on Joint Venture relationship issues.
  • Manage relationship with other operators on a regular basis, to foster ideas and resolution of industry matters.
  • Motivate staff and develop team capability to deliver top quartile performance.
  • Defend and secure adequate JV budget for the company based on the developed Work Plan.
  • Generate monthly performance/expenditure report to the management.

KEY PERFORMANCE INDICATORS KPI'S

  • Generate weekly cash-call management report by Tuesday of the following week.
  • Preparation of monthly performance/cash-call report for all the department's latest by 10th of the following month
  • Generate JV technical cost for the company.
  • Hold weekly meeting once with members of the department.
  • Hold periodic meetings with the HODs to review annual budget and performance of the approved work program with Joint Venture Partners.
  • Ensure that the departmental sub-com officers submit all invoices for performance rendition.

SKILLS AND EXPERIENCE

  • Ability to work and relate with non-finance line managers and staff.
  • Possession of good analytical skills and knowledge and experience of Joint Venture issues/matters
  • Good communication, interpersonal and relationship management skills
  • Ability to work under pressure and tight schedule to meet deadline.
  • Minimum of 10 years work experience in an Exploration and Production sector of the Oil & Gas industry.
  • Sound knowledge of financial and management accounting, budget and performance management and other finance/business related issues
  • Good knowledge of Microsoft Office suit and relevant budget/accounting software application

QUALIFICATION REQUIREMENTS

Qualifications include:

  • An experienced finance professional B.Sc. or HND in Social Sciences or related discipline
  • Professional certification such as ACA, ACCA, CPA, CIMA etc.

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