Finance Supervisor

Job Title: Finance Supervisor

Location: Lagos

Job Summary

Our client, an Oil & Gas company, located in VI, Lagos, is hiring a Finance Supervisor. The Finance Supervisor would provide support to the finance function.

Responsibilities:

Support to the finance function

• Supporting all financing transactions by compiling and tracking requests from prospective financiers.
• Assisting in the preparation of management accounts on or before workday 14 of every month.
• Providing accurate analysis to aid better decision making.
  
  
  

Responsible for foreign payments

• Ensure accurate posting into the correct GL A/C code of payables vouchers with proper and sufficient description.
• Ensure all postings initiated in SAP have records that are traceable and retrievable within 30 minutes of request.
  
  
  

Account reconciliation

• Monthly reconciliation of advance payments, interest payables, salary and wages, loan s schedules, etc. with trade payables
  
  
  

Financial Control and Reporting

• Preparation of weekly bank reconciliations of all Naira denominated bank accounts
• Preparation of advance payments schedules that agrees to GL
• Preparation of loan schedules and consolidated payroll that agrees to GL
• Ensure all accruals are booked and monitored monthly before workday 7 of the new month.
• Ensure all foreign loans are translated at the prevailing closing rates every month
• Provisions for OPEX accruals, PAYEE, VAT and WHT on a monthly basis
  
  
  

Fixed asset management

• Maintain an updated FA register outside SAP and update monthly FA schedule
• Reconcile financial Information on FA register (Cost, Deprecation, Accumulated depreciation and NBV) to GL in SAP within workday 7
• Depreciation running on SAP before workday 5 of the next month.
  
  
  

Regulatory Compliance

• Provision of schedules during tax audit (FIRS and LIRS)
• Provision of documentations requested by tax authorities
• Filing of annual tax returns Assisting in coordination of Tax Audit and providing support to the tax function.
• Preparing schedule of WHT, VAT, PAYE and other taxes.
• Ensure all regulatory payments are in the cash flow and settled when due [PAYE, CIT, Pension, WHT, VAT, Customs duties] etc.
• Ensure all WHT credit notes from customers are updated on Tax Pro Max
  
  
  

Treasury And Accounts Payable Functions

• Responsible for payables accounting company wide
• Ensure all vendors exist in SAP.
• Responsible for all payments (Foreign and local).
  
  
  

Budgetary control and variance analysis

• Ensure that all expenditure or request for payment are budgeted for
• Support the Finance Manager in the preparation of the monthly departmental performance review
• Ensure that actual cost (s) are posted into the right account where it was budgeted for
  
  
  

Payroll management

• Processing of payroll for payment
• Ensure GL is reconciled to the payroll schedule every month and provide evidence.
• Maintaining payroll schedule
• Maintaining EXCO’s IOU schedule.
  
  
  

Required Competencies/ Person Specification

• good university degree
• ICAN/ACCA qualification
• Knowledge of IFRS
• Minimum of 4 years professional experience
• Very sound accounting skills
• Use of Microsoft Excel at an advanced level
• Treasury & funds management
• Taxation
• Negotiation
• Oral & written communication
• Knowledge of upstream Oil and Gas transactions is an added advantage.
  
  
  

Salary: N500k net monthly

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Application: Interested candidates should send their CVs to careers@worknigeria.com using the job title as the subject of the email.