Financial Controller Job at Hobark International Limited (HIL)

Hobark International Limited (HIL) is the parent company of the Hobark group operating in the oil and gas industry. The company was incorporated in 1998, starting as a staffing agency based in Port Harcourt. Currently we have offices in 4 countries with our head office in Lagos. We are recruiting to fill the vacant position below:     Job Title: Financial Controller Req ID: Req-1459 Location: Lagos Description Financial Management:

• Collaborate with the Joint Venture Accountant in managing all Joint Venture accounting functions for all assets.
• Monitor Joint Venture cash calls and billings to ensure compliance with approved Joint Venture work programmes and budgets.
• Provide value added financial management information to facilitate decision-making.
• Liaise with the Finance Management team for effective financial management and as required.
• Support the Chief Financial Officer with treasury related activities including providing inputs for the cash flow forecasting with the treasury team.
• Manage and monitor authorizations for expenditure as per the normal Joint Venture accounting process.
• Identify and evaluate areas for improvement of profit with particular regard to cost reductions and methodology.
• Support the Group in researching factors that impact business performance including cost and income drivers.

• Design, implement, review and maintain accounting systems.
• Review and ensure accuracy of accounting records.
• Produce accurate and timely monthly management accounts, statutory financial statements for each legal entity and the Company financial statements.
• Report to the Budget committee on variances from the established budget, and the reasons for those variances.

• Support the Executive team in the formulation of its overall strategic direction.
• Produce and monitor annual budgets, and forecasts for the Company.

• Oversee internal operating controls, processes and practices.
• Establish and maintain corporate accounting policies, procedures and internal controls.
• Develop and implement policies and procedures to drive efficient, accurate closing and reporting.
• Monitor and ensure compliance with all applicable laws, rules, and regulations.
• Ensure tax compliance within all jurisdictions for the Group.
• Develop, implement, review and maintain adequate and effective internal controls.
• Plan and perform operational and financial audits in preparation for the external auditors.
• Oversee and ensure external audits are smoothly and efficiently run.
• Monitor and ensure adherence to policies, procedures and regulations.

• Support the business in dealing with the National Petroleum Investment Management Services, Department of Petroleum Resources and other relevant government agencies.

• Manage the finance team and its activities.
• Manage performance; facilitate development; coach and supervise the team.

• Provide high level support to the Chief Financial Officer.
• Perform all other duties that are necessary and reasonably attached to the Financial Controller position and the fulfilment of its responsibilities.
• Any other responsibilities as assigned by the Chief Financial Officer.

• Bachelor’s degree in Accounting or a related field.  Master’s degree in Accounting or a Business discipline preferred.
• Professional accounting qualification e.g. ACA, ACCA, CPA.

• Minimum of 12 years progressive finance and accounting experience including managerial experience, financial reporting, preparation of financial statements, budgets and forecastin an exploration and production company. o Strong experience in the oil and gas industry (exploration and production only) will be an advantage.
• Experienced in debt financing and mergers & acquisitions.

• Integrity and ethics; sound judgement; self-starter with high energy level; detail-oriented; able to handle pressure; proven team leader.
• Displays a quality of work that reflects high professional standards, and projects a professional and positive image at all times.
• Willingness and ability to travel domestically and internationally, sometimes with short notice, 50 – 70% of the time.

• Accounting, Financial Control, Financial Management, Financial Reporting, Budgeting, Audit Management, Internal Control