Finance Assistant at Terra Energy Services Nigeria Limited

Job Responsibilities:

• Perform periodic management accounting and reporting activities to include: monthly profit & loss and cash flow positions, etc.
• Compile and analyze financial information to prepare entries for General Ledger accounts; assists with maintenance of internal controls and process documentation
• Perform period-close activities, including reviewing and assessing journal entries, accruals, reconciliations and allocations
• Assist with budgeting and forecasting including consolidation, review, analysis and detailed reporting
• Maintain cash inflow/outflow reconciliation and reporting, including bank reconciliation
• Assist in Analyzing financial information to summarize and interpret current-projected financial position for management and decision making (manage and monitor business financial performance and KPI’s)
• Manage relationships with key financial and regulatory representatives
• Alert management of situations that may materially affect the company’s overall financial condition
• Assist in preparation of asset, liability, and capital account entries by compiling and analyzing account information.
• Documents financial transactions by entering account information.
• Monthly preparation of bank reconciliations;
• Compilation, analysis and preparation of data for financial statements, expenditures, revenues, accounts and reports;
• Assist in the preparation of budgets and provision of updates on budget implementation;
• Assist in monitoring the expenditures to ensure that funds are utilized appropriately by the close of the fiscal year.
• Participation in the preparations for external, internal and tax audit exercises
• Recommends financial actions by analyzing accounting options.
• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
• Substantiates financial transactions by auditing documents.
• Reconciles financial discrepancies by collecting and analyzing account information.
• Secures financial information by completing data base backups.
• Maintains financial security by following internal controls.
• Prepares payments by verifying documentation, and requesting disbursements.
• Answers accounting procedure questions by researching and interpreting accounting policy and regulations.

Qualification:

• Bachelor’s degree in Accounting or related field
• Minimum of 3-5 years of progressive experience in finance or accounting for a structured organization (previous oil & gas experience is compulsory)
• A certified member of Institute of Chartered Accountants of Nigeria (ICAN)/ACCA.
• Knowledge of applicable accounting and financial reporting rules, regulations and requirements
• Ability to reconcile and or balance financial transactions and accounts.
• Knowledge of accounting and book-keeping terminology and practices.
• Knowledge of general record keeping and filing systems.
• Ability to compare data from a variety of sources for accuracy and completeness.
• Ability to detect errors.
• Ability to determine work priorities.
• Strong analytical skills – understanding of revenue – cost structures and translate data to clear analytics
• Strong Microsoft Office skills (Excel and PowerPoint); experience with financial modeling a plus