Job Openings Finance Supervisor

About the job 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

`

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







Or refer someone