Job Title: Head of Finance
Job ID: 139
Location: Lagos
Department: Finance
Company: Oando Nigeria Plc
Sector: Energy, Oil & Gas
JOB SUMMARY:
• The Head of Finance works with the EDCD, to ensure delivery of financial strategy development and execution in Oando Gas & Power, and is responsible for ensuring the integration of both operational and financial measures aimed at efficiency, growth and profitability of the business in the long-term. The position incumbent has charge of day-to-day finance and accounting transactions and ensures effective Treasury (Assets & Liabilities management) and liquidity positions are maintained. The incumbent works closely with the EDCD to design, lead, monitor and review the execution of all capital funding, capital allocation and financing transactions that are either being assessed or undertaken by OGP. Budgeting, financial performance monitoring and reporting are also key responsibilities of the function.
• The role is responsible for tracking (and/or developing), managing and reporting on the financing and expenditure profile of the Gas Sale and Purchase Contracts, Power Purchase Agreements, and other forms of products offerings of subsidiary companies under OGP, while ensuring rigorous adherence to approved targets, goals and timelines, and taking decisions as regards the financing of the project, as may be necessary to keep the work program fully on track.
SPECIFIC DUTIES & RESPONSIBILITIES: – Develops and articulates a comprehensive Financial and Risk Management strategy for OGP. – Acts as chief advisor and strategist providing needed support to the EDCD, and MD/CEO, with respect to the identification of Financial risk, and the resolution of attendant issues. – Liaises with external Financial Services organisations, as may be required, to ensure the business remains adequately funded in terms of Debt, Equity and Working Capital requirements. – Expands OGP's outreach activities and referral networks to ensure valuable and effective financial partnerships and alliances are forged that facilitate OGP's growth and business expansion requirements over time. – Ensures that he/she designs/adopts appropriate financial strategies and Instruments to ensure that the constant stream of business development opportunities is adequately funded/financed. In this role the incumbent will be a subject matter expert, with considerable hands-on experience/exposure. – Ensures the existence of adequate and effective Human Resource Management systems, policies and processes that aid the motivation and performance development of employees.
QUALIFICATIONS & EXPERIENCE: – 1st degree in Finance, Investment Management, Business Administration, Economics or Accounting – Professional Accreditation (ACA) – 10 – 15 years cognate work experience as a Financial Controller, Financial or Management Accountant, the last 5 of which must have been in a Senior Management role within a reputable and structured business environment
KNOWLEDGE & SKILLS REQUIRED: – Oil & Gas Industry Dynamics – Foreign Exchange and Money Markets – Business & Financial Strategy Development and Execution – Gas Plant & Pipeline Operations – Advanced Accounting – Finance & Investment Management – Project Finance – Taxation – Assets and Liabilities Management – Networking – Negotiation
Application Link: Oando Nigeria Job Portal (http://u.theinfostrides.com/oandojobs7)
Please note that you need to register on Oando Job Portal before you can view this vacancy and apply.
Deadline: 21 March 2012.
Head of Finance Job (http://www.jobnavy.com/job/2248/head-of-finance-job-at-oando-plc-nigeria/)