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Description
Qualifications
• Bachelor’s degree in Accounting, Finance, Economics, or a related quantitative field. An MBA or a relevant Master’s degree (e.g., MSc in Finance or Financial Management) is highly preferred.
• Professional certifications such as ICAN (Institute of Chartered Accountants of Nigeria) or ACCA are mandatory. Additional certifications like CFA, CITN, or CMA are strongly required.
• Minimum of 12–15 years of progressive experience in financial management, treasury, and corporate accounting, with at least 5 years in a senior leadership capacity—specifically within the oil and gas downstream or midstream sectors.
• Deep knowledge of the Nigerian financial and regulatory environment, including IFRS reporting standards, FIRS tax regulations, Central Bank of Nigeria (CBN) foreign exchange guidelines, and the Petroleum Industry Act (PIA).
• Strong experience in capital raising, working capital management, trade finance (Letters of Credit), and managing complex financial audits within a high-volume trading environment.
Responsibilities
• Serve as a key advisor to the CFO and senior leadership on financial strategy, capital allocation, and internal control frameworks.
• Monitor financial trends, emerging economic risks, and tax legislation to ensure the organization is always compliant with FIRS guidelines, oil and gas fiscal regulations, and other applicable financial laws.
• Establish and maintain a comprehensive financial framework, including budgeting policies, treasury monitoring programs, and financial reporting mechanisms.
• Lead the development and enforcement of a strong fiscal discipline and ethics culture across the enterprise to safeguard company assets.
• Collaborate with the Enterprise Risk Management team to ensure robust financial risk assessments are embedded in downstream and midstream trading activities.
• Proactively identify liquidity gaps, emerging financial threats, and areas for cost optimization and operational improvement.
• Develop effective testing, monitoring, and financial control systems to detect and prevent leakages, fraud, or reporting inefficiencies.
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