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  • Posted: Jul 24, 2024
    Deadline: Not specified
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    Terra Energy Services Nigeria Ltd (TES) is an indigenous Engineering and Oil and Gas Service Company incorporated in Nigeria in 2001 with expertise in providing full-service integrated solutions to clients across the entire oil and gas value chain. We currently operate from our offices in Lagos and Port-Harcourt and aspire to become the leading provider of q...
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    Senior Finance Executive

    • We are looking for a highly skilled Senior Finance Executive to join our team.
    • This position is responsible for leading and supporting our finance function, providing strategic financial guidance, and driving business growth.
    • This is an executive role within the organization that is also responsible for the processing and preparation of periodic financial reports and ad hoc analyses for business.
    • The position exists to assist management ensure adequate levels of liquidity and working capital is maintained.

    Job Responsibilities:

    • Perform periodic management accounting and reporting activities to include: monthly profit & loss and cash flow positions, etc.
    • Perform period-close activities, including reviewing and assessing journal entries, accruals, reconciliations and allocations
    • Assist in developing and implementation of financial strategies aligned with business objectives.
    • Prepare annual budgets, forecasts, and financial reports
    • Analyze financial performance and provide insights for improvement
    • Ensure accurate and timely financial reporting
    • Manage financial statements, audits, and tax compliance
    • Maintain relationships with auditors, banks, and regulatory bodies
    • Manage cash flow, funding, and investments
    • Mentor and coach team members to enhance skills and knowledge
    • Collaborate with senior management to drive business growth and profitability
    • Provide financial expertise to support strategic decision-making
    • Identify and mitigate financial risks, develop and implement risk management strategies
    • 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.
    • Compilation, analysis and preparation of data for financial statements, expenditures, revenues, accounts and reports
    • 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 6 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

    Method of Application

    To apply, please submit your resume, and any relevant certifications to hr@terranig.com with the job title as subject of the email. We thank all applicants for their interest, but only those selected for an interview will be contacted.

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