Sahara Group nutures businesses in the energy sector. These companies operate essentially within the energy industry and its associated sub-sectors. The Group consists of individuals, who are determined to make a positive impact on the business environment.
We are recruiting to fill the below position:
Job Title: Management Accountant
Location: Ikoyi, Lagos
Job Type: Full Time
Purpose Statement
- The role is responsible for all accounting and financial reporting and tax related matters of both operated and non-operated joint ventures (JV) in accordance to (but not be limited to) International Financial Reporting Standards (IFRS) and oil and gas upstream accounting standards.
Key Deliverables
Financial Reporting Duties:
- Perform GL reconciliation/clean up and close payable and receivable module for all entities, run month–end accrual process and post into GL.
- Prepare and submit monthly accounts, TB, and relevant schedules to Management & Group Finance
- Prepare and submit monthly FINCOM performance reports
- Prepare and submit monthly crude entitlement report to JV Partners
- Prepare Budget vs. Actual costs on a monthly basis
- Prepare annual Financial Statements for all the upstream companies
- Provide Internal and External Auditors with all necessary information to facilitate prompt closure of audit.
- Prepare intercompany matrix and reconcile all differences between related entities
Tax Remittance Duties:
- Run monthly tax report, remit and file tax returns promptly
- Review tax liabilities within agreed entitlement model with Crude Oil Marketing Department (COMD), NNPC.
- Obtain Tax Receipts from all authorities and dispatch WHT receipts to vendors promptly.
- Liaise with Company’s Tax Advisers to ensure appropriate computation of PPT estimate and returns and prompt filing with relevant Tax Authority
- Promptly file PPT / CIT Returns for all entities
- Attend to every enquiries/memo from tax authorities.
Other related activities:
- Assist the Asset Manager with the Business Plan and performance monitoring
- Reconcile all bank accounts operated on a monthly basis.
- Other financial reports and analysis required by management.
Requirements
Minimum Qualification/ Experience:
- Minimum of 5-7 years of cognate experience with an upstream Oil and Gas Company or reputable audit firm.
- A chartered accountant (ACA/ACCA/CPA/CIMA) with Accounting, Audit & Financial Reporting (Major in Finance/Accounting) background.
Knowledge/Skills:
- Financial Reporting with detailed knowledge of International Financial Reporting Standards (IFRS) and oil and gas upstream accounting
- Oil and Gas Upstream Tax Laws
- Good working knowledge of Oracle Accounting Systems and MS Office programs especially Excel and PowerPoint is required.
Personality Traits:
- Excellent interpersonal and business communication skills
- Strict professional with a dedication to precision
- Detailed and highly numerate
- Passion for excellence.
Working Relationships
- Board of Directors
- Senior Management
- Auditors (Internal & External)
- Tax Authorities etc.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Job Title: Inventory Team Lead
Location: Port Harcourt, Rivers
Job Type: Full Time
Department: Finance
Purpose Statements
- To provide timely, accurate and up-to-date records of FIPL warehouse.
- To design inventory management plans that will help in streamlining the orders received thereby reducing unnecessary wastage of valuable time.
Key Deliverables
- Monthly inventory report to management
- Tracking of asset obsolescence and timely communication to Finance and Procurement departments of same
- Timely provision of all key information on inventory to management as requested
- Maintenance of up to date and accurate bin card
- Receipt and documentation of inventory
- Proper storage and systematic arrangement of store items
- Issue of inventory taking shelf life into account
- Weekly inventory report to management
Requirements
Minimum Qualification / Experience:
- First degree in Accounting/Engineering (Mandatory)
- Minimum of 5 years’ experience (2 of which is in a supervisory position)
- Must have started certification process
Knowledge/Skills:
- Fluent in spoken and written English
- Effective time and resources management
- Good/Sound knowledge of Microsoft Excel
- Proficient knowledge of an ERP
- Requires minimal supervision
Personality Traits:
- Quick thinker
- Confidence and Resilience
- Good interpersonal skills
- Analytical skills.
How to Apply
Interested and qualified candidates should:
Click here to apply
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