The Finance Manager is responsible for overseeing the financial health of the organization by managing budgeting, forecasting, financial reporting, and analysis. This role ensures compliance with financial regulations, supports strategic decision-making, and leads the finance team to maintain accurate records and improve financial performance. The Finance Manager works closely with senior management to develop financial strategies and optimize resource allocation.

Reports to:

Group Chief Financial Officer & the SBU Business Lead

Department/Unit

Accounting & Finance

Strategic Business Unit (SBU) and Locations

Nestoil Limited (Operations) – Port Harcourt

Energy Works Technology Limited – Port Harcourt

Impac Engineering O & M Company Limited – Warri

Scorpio Drilling International Limited – Warri

Key Responsibilities

1. Accounting & Finance policies and procedures development

• Drive the formulation, periodic review/update and implementation of sound financial policy framework and controls as may be required.
• Ensure adequate controls and procedures are complied with in the processing of transaction payments with the view to ensuring elimination /minimization of operational risk and fraud.

2. Proper accounting of business operations transactions

• Ensure daily, real-time, and accurate posting of all business transactions in the general ledger in accordance with relevant accounting standards (which includes generally accepted accounting principles & practices and international financial reporting standards).

3. Financial Planning & Analysis

• Development of long-term financial strategies.
• Lead the budgeting and forecasting processes in coordination with department heads.
• Prepare monthly, quarterly, and annual financial reports including P&L, statement of financial position, and statement of cash flow.
• Analyse financial performance by comparing actual results with budget and forecast.
• Identify opportunities to reduce costs and improve financial performance.
• Identify trends, risks, and opportunities to support strategic decision-making.

4. Financial Reporting

• Ensure accurate and timely preparation of financial statements in compliance with applicable accounting standards (e.g., IFRS, GAAP).
• Coordinate with external auditors for completion of the annual audits and statutory filings.
• Provide management with financial insights and recommendations through dashboards and presentations.

5. Statement of Financial Position Integrity

• Ensure that assets and liabilities in the general ledger are substantiated with supporting schedules and that the balances per the Trial Balance is a true reflection of physical state of the ledger accounts.
• Preparation of age analysis report for all account receivables and account payable balances.
• Preparation of reconciliation statement for all other Statement of Financial Position balances and prompt disposition of all reconciling items.
• Preparation of up-to-date and management of Fixed Assets Register.
• Support preparation and execution of periodic physical count exercise and verification of property, plant & equipment, and inventory items.

6. Cash Flow & Treasury Management

• Monitor daily cash flow and manage working capital efficiently.
• Monitor and manage the inflow and outflow of cash to ensure financial liquidity.
• Oversee banking relationships and ensure optimal use of financing options.
• Manage foreign exchange and currency exposure, if applicable.

7. Risk Management

• Identify and mitigate financial risks to protect the company’s assets and operations.

8. Compliance & Internal Controls

• Ensure compliance with tax, legal, and regulatory requirements.
• Implement and maintain robust internal financial controls.

9. Statutory deductions Management & Remittance

• Ensure proper computation and recognition of all applicable statutory deductions e.g VAT, WHT, LCD, NIMSA etc.
• Preparation of detailed schedules for prompt monthly remittance of statutory deduction liabilities.
• Ensure follow-up and engagement with relevant internal departments for collection of WHT credit notes and payment receipts for all statutory deduction remittances.
• Ensure monthly reconciliation all statutory deductions general ledger accounts and prompt disposition of all reconciling items.

10. Team Leadership

• Supervise and mentor junior finance staff, including accountants and accounting officers.
• Foster a culture of continuous improvement and professional development.
• Manage performance and provide training as needed.

11. Business Partnering

• Collaborate with department heads and senior management to drive business performance.
• Provide financial advice to senior management to support sound business decisions and strategy development.
• Support investment decisions through financial modelling and ROI analysis.
• Provide financial input into commercial negotiations, pricing strategies, and cost-saving initiatives.

12. Robust and efficient Transaction’s document management system

• Development of functional and efficient electronic document management filing system.
• Ensure availability and proper filing of third-party supporting documents for all general ledger entries.
• Ensure ease of retrieval of transaction posting supporting documents for internal and external stakeholders’ utilization.

Qualifications           

• Sc. or HND in any discipline, plus
• ICAN ACA or ACCA professional qualification

Experience    

• 8 to 10 years of progressive work experience in Accounts/Finance function
• Knowledge of ERP Systems (e.g., SAP ByD)

Key Skills & Competencies 

• Good knowledge of Generally Accepted Accounting Principles.
• Good knowledge and understanding of the International Financial Reporting Standards (IFRS).
• Highly numerate with good analytical skills.
• High proficiency in the use of the Microsoft Office Suite especially Microsoft Excel, Microsoft Word & PowerPoint.
• Ability to analyze financial data and interpret financial reports.
• Good problem-solving skills and results oriented.
• Ability to produce high quality output under pressure and sometimes with inadequate resources.
• Ability to work effectively in a team.
• Good Communication and Interpersonal skills required in liaising with people at different levels within and outside the Organization.
• Ability to explain complex financial data to non-finance stakeholders.
• Strategic thinking with a commercial mindset.
• Ability to lead and coach direct reports to improve efficiency and competence.
• Ability to meet deadlines and manage multiple tasks.
• Intuitiveness and attention to detail.
• High level of integrity and ability to maintain confidentiality.
• Strong professional ethics, accountability, and dependability.

1. Application Closing Date:  Friday, 3rd October 2025
2. Candidates should indicate preferred Job Location on their CV/application.

Method of Application

Interested and qualified candidates should fill out the form on this page to apply.