Manager, General Accounts & Control at Oando Plc

    Oando Plc is one of Africa’s largest integrated energy solutions providers 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 hiring for:

    Job Title: Manager, General Accounts & Control.
    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 the finalisation 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 and 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 the 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 an in-depth assessment of new accounting standards and their relevance and impact on 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:

    • Coordinate 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 managers.
    • 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 by the Group Leadership Council and Board package.
    • Support the Division Manager of Financial Reporting & Non-E&P Entities and the CFO in the 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 the JV accounting team on the 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.

     

    Job 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 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.
    • Membership of a recognised accounting professional body (ACA / ACCA / CPA)
    • Working experience of 11 years, of which a minimum of five years’ experience in a Big 4 audit and accounting firm would be an advantage.
    • Good knowledge of IFRS and particularly consolidation.

     

    Application Closing Date

    Unspecified.

     

    Method of Application

    Qualified candidates who are interested should:
    Click here to apply online

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