Manager, General Accounts & Control at Oando Plc

Job Title: Manager, General Accounts & Control

Job Purpose

• Primarily responsible for finalisation of statutory accounts and the 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 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 of audit requirements to the external auditors during periodic reviews and year-end audits.

Major Responsibility Area
Essential Function:

• Coordinate support for the month-end and quarterly close in line with listing requirements
• Managing audit requirements with external auditors 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 in the Group Leadership Council and Board package.
• Support the Division Manager, Financial Reporting & Non-E&P Entities, and 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 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.

Core Competencies:

• Strong and effective Interpersonal Skills
• Good knowledge of IFRS
• Preparation of statutory financial statements
• Oil and Gas Accounting
• Working Knowledge of the 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.

Application Instructions:

The application deadline is Not Specified. Therefore, qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION” It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Official Website: https://www.oandoplc.com/