Assistant Manager, Financial Reporting

Reports to: Division Manager, Financial Reporting

Supervises: Financial Reporting Accountants

External Contacts: Team members from the external auditors, mid-level regulatory officers

Job Purpose

The Assistant Manager, Financial Reporting provides technical and administrative support in executing OERNL financial reporting strategies and obligations that aim to ensure the continued efficiency, profitability and growth of the Company and its subsidiaries.

The role is responsible for coordination of the interactions between Financial Reporting Accountants. Approve transactions being recorded and processed with a view to ensuring consistency and accurate reports that reflect a true and fair view of the Company’s financial position at all times. Responsibilities also covers review of financial analysis of assigned entities which will support working capital and liquidity management by senior team members in Finance. The incumbent will also be responsible for presentation of detailed financial information at each reporting period to the respective Financial Reporting Managers.

Main Responsibility Areas

• Review statutory accounts of subsidiaries
• Approve transactions of corporate and others are posted accurately and timely.
• Review and approve financial analysis for entities within and outside Nigeria.
• Check and approve IFRS disclosure checklists in place. and implement solutions to unconventional situations and results oriented.
• Review and approve detailed analytical reviews to be used for internal and external reporting to key stakeholders.
• Provide support to ensure strict adherence to set policies and procedures for internal controls over financial reporting
• Support financial reporting Manager with managing audit requirements with EY and PwC for the consolidated entities.
• Ensure transactions are recorded in line with IFRS
• Build system templates for preparation of relevant financial reports to monitor performance and support decision making
• Key Financial accounting inputs for tax audis.
• Support JV accounting team on treatment of complex transactions

Person Specifications

• B.Sc degree in Accounting or relevant degree
• Membership of a recognized Accounting Professional Body (ACA / ACCA / CPA)
• Working experience in a big 4 audit and accounting firm / Oil and Gas will be of added advantage.
• Good knowledge of IFRS
• Minimum of 8 years relevant work experience

Core Competencies

• Strong and effective Interpersonal Skills
• Good understanding of IFRS
• Competent in preparing statutory financial statements
• Oil and Gas Accounting
• Working Knowledge of Oil and Gas Industry in Nigerian and understanding PSC and Joint Venture Arrangements as well as their key accounting related issues.
• Understanding of Current and Deferred Taxes
• Computer Skills – Microsoft Office (Excel, Word etc) and Oracle EBS
• Ability to think strategically and holistically and provide direction and coaching to the team

Key Performance Indicators

• Support in the Completion of Statutory accounts for assigned subsidiaries.
• Timely completion of monthly, quarterly and annual close process.
• Compliance with IFRS