Oando Plc is one of Africa’s largest integrated energy solutions provider with a proud heritage. It has a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP).
We are recruiting to fill the following positions below:
1.) Manager, General Accounts & Control
Location: Lagos, Nigeria
Job type: Full-Time
Department: Financial Reporting
Supervises: Assistant Manager General Accountant, Senior Accountant
External Contacts: External Auditors (BDO & PwC), Facilities agents of lenders (Senior Secured Facility and Corporate Facility)
Reports to: Division Manager Financial Reporting & non E&P Entities
Job Purpose
- Primarily responsible for finalization of statutory accounts and ownership of accounts within the Upstream division of Oando PLC.
- To ensure adherence to International Financial Reporting Standards “IFRS”. and the Companies and Allied Matters Act “CAMA” which are due on a monthly, quarterly and annual basis. Manage audits and external verification of the books of the company
- The role is also responsible for supervising, reviewing the outputs of three financial reporting accountants assigned to subsidiaries within and outside Nigeria.
Scope of Responsibility & Accountability
- Second level Supervisor – Supervise Financial Reporting Accountants.
- Work with Little supervision and ability to ensure minimal errors in preparing all reports.
- Present financial analysis and evaluation of periodic financial information.
- Ensure compliance with local rules and regulations with respect to disclosures for private and publicly traded entities.
- Perform in-depth assessment of new accounting standards and their relevance and impact to the group’s accounting policies.
- Actively drive the implementation of adequate internal controls over the financial reporting process. Recommend suggestions for improvement to the Head of Dept
- Coordinate the provision audit requirements to the external auditors during periodic reviews and year end audits.
Major Responsibility Area
Essential Function:
- Co-ordinate support for Month end and Quarterly close in line with listing requirements
- Managing audit requirements with BDO and PwC for the consolidated entities.
- Supervise General Accountants, Senior Accountants, and Assistant Manager.
- Review, consolidate and recommend actions for key reconciliations done by the Financial Reporting accountants.
- Approve key reconciliations/schedules for internal reporting requirements including financial results used the Group Leadership Council and Board package.
- Support the Division Manager Financial Reporting & non E&P Entities and CFO in preparation of relevant financial reports to monitor performance and support decision making.
- Coordinate the activities and inputs of other Finance work streams to ensure the correctness and completeness of the reports.
Non-Essential Function:
- Oversee support and assistance on Tax audits.
- Support JV accounting team on treatment of complex transactions
Key Performance Indicators
- Review and approval of monthly, quarterly and annual consolidated financial reports with strict adherence to agreed deadlines.
- Ensure timely completion of audits and reviews.
- Effectiveness of internal controls over financial reporting.
- Ensure financial statements and disclosures are in line with IFRS.
- Balanced Consolidated FS.
Requirements
Core Competencies:
- Strong and effective Interpersonal Skills
- Good knowledge of IFRS
- Preparation of statutory financial statements
- Oil and Gas Accounting
- Working Knowledge of Oil and Gas Industry, PSC and and Joint Venture Arrangements
- Computer Skills – Microsoft Office and Accounting software
- Ability to think strategically and holistically and provide direction and coaching to the team.
Job Specification:
- Strong Accounting Background – Good Accounting Degree.
- Membership of a recognized Accounting Professional Body (ACA / ACCA / CPA)
- Working experience of 11 years of which a minimum of five years’ experience in a big 4 audit and accounting firm would be an advantage.
- Good knowledge of IFRS and particularly consolidation.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
2.) Corporate Finance Analyst
Location: Lagos
Job Type: Full-time
Job Summary
- The role will directly support the Corporate Finance Manager by providing deep financial insights, robust modeling, and data-driven recommendations.
- The ideal candidate will have a strong background in financial analysis, excellent problem-solving skills, and the ability to thrive in a fast-paced, dynamic environment.
Role & Responsibilities
- Work with the Corporate Finance Manager to conduct in-depth financial analysis to assess company performance, including profitability, cost structures, and revenue streams.
- Maintain detailed financial reports and dashboards for internal and external stakeholders.
- Track the key performance indicators (KPIs) and provide actionable insights to senior management.
- Support the preparation of financial statements, ensuring accuracy and compliance with accounting regulatory standards.
- Support the annual budgeting process.
- Develop rolling forecasts to account for changing market conditions and business needs.
- Analyze budget-to-actual variances and provide explanations and recommendations for corrective actions.
- Build and maintain complex financial models to evaluate business scenarios, investment opportunities, and strategic initiatives.
- Provide financial input and analysis for various strategic business investments and decisions such as mergers, acquisitions, divestitures, joint ventures and other partnerships.
- Support strategic planning processes by conducting market research, competitive analysis, and scenario planning.
- Evaluate potential investment opportunities, including ROI, NPV, IRR, and other metrics
- Provide recommendations for optimizing capital allocation and resource utilization.
- Track and report on the performance of past investments, ensure alignment with strategic objectives and provide senior leadership with actionable insights.
- Monitor financial risks, including market, credit, and operational risks, and propose mitigation strategies.
- Support external audits and regulatory reporting requirements.
- Prepare and deliver presentations to senior executives, board members, and external stakeholders.
- Support other departments and business units to make informed decisions relating to corporate finance matters.
Job Specification
- Bachelor’s Degree in Economics, Finance, Accounting or related field from a reputable institution; MSc/MBA degree will be an added advantage
- Professional certification such as CFA, ACCA, is required
- 3 – 5 years of relevant work experience in corporate finance, investment banking, private equity, financial planning & analysis
- Experience within the upstream oil & gas industry will be added advantage
- Advanced proficiency in Microsoft Excel, including financial modeling, pivot tables, and advanced formulas.
- Experience with financial reporting systems such as SAP, Hyperion, or Oracle.
- Proficiency in data visualization tools like Power BI, Tableau, or similar platforms.
- Strong understanding of financial principles, including valuation techniques, capital budgeting, and cost accounting.
- Experience with data visualization tools (e.g., Power BI, Tableau).
- Familiarity with financial regulations and compliance requirements in the upstream oil & gas sector
- Exceptional analytical and critical thinking skills, with the ability to solve complex problems.
- Excellent written and verbal communication skills, including the ability to present complex information clearly and concisely.
- High attention to detail and organizational skills, with the ability to manage multiple priorities and meet deadlines.
- Collaborative mindset with a proactive approach to cross-functional teamwork.
Core Competencies:
- Strategic Thinking
- Financial Acumen
- Risk Assessment and Mitigation
- Relationship Management
- Regulatory Compliance Awareness
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
This is a great opportunity to jump in and apply for this job.