Oando Plc Recruitment For Financial Reporting Accountant

Oando Plc Recruitment For Financial Reporting Accountant – Apply. Oando plc is now inviting applications from suitably qualified persons to fill the position of Financial Reporting Accountant. See the application procedures and requirements below.

Oando Plc is one of Africa’s largest integrated energy solutions providers 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 position below:

Job Title: Financial Reporting Accountant

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Location: Lagos

Job Description

The Financial Reporting Accountant provides technical and administrative support to the Financial Reporting Lead in executing Oando Energy Resources Inc (OER) 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 the supervision of 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, always.
Responsibilities also cover the 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 the provision of detailed financial information at each reporting period to the Head of Financial Reporting.

External Contacts:

Team members from the external auditors.
Other members of various Finance work streams

Essential Function

Assist the financial reporting lead with managing audit requirements with external auditors for the consolidated entities.
Ensure transactions are recorded in line with IFRS
Perform key reconciliations on non-JV related financial statement line items of high risk.
Support the Financial Reporting team in the preparation of relevant financial reports to monitor performance and support decision-making.

Non-Essential Function:

Provide support and assistance on Tax audits.
Support JV accounting team on the treatment of complex transactions

Responsibilities & Accountabilities

Prepare statutory accounts of subsidiaries
Ability to find solutions to unconventional situations and results-oriented
Perform detailed analytical reviews to be used for internal and external reporting to key stakeholders.
Ensure strict adherence to set policies and procedures for internal controls over financial reporting.
Ensure transactions of corporate and others are posted accurately and timely.
Prepare financial analysis for entities within and outside Nigeria.
Complete IFRS disclosure checklists.

Key Performance Indicators

Completion of Statutory accounts for assigned subsidiaries.
Timely completion of monthly, quarterly and annual close processes.
Compliance with IFRS

Requirements And Qualifications

Interested persons should possess the following:

B.Sc in Accounting or relevant Degree.
Membership of a recognized Accounting Professional Body (ACA / ACCA /
5 – 7 years of working experience. Oil and gas experience will be an advantage.
Working experience in a big 4 audit and accounting firm will be of added advantage.
Good knowledge of IFRS.

Core Competencies:

Strong and effective Interpersonal Skills
Good understanding of IFRS
Understanding of Current and Deferred Taxes
Computer Skills Microsoft
Ability to think strategically and holistically and provide direction and coaching to the team.
Competent in preparing statutory financial statements
Oil and Gas Accounting
Working Knowledge of Oil and Gas Industry in Nigeria and understanding PSC and Joint Venture Arrangements as well as their key accounting-related issues.