Friday, July 3, 2009

Career opportunities in Oando


Oando Banner_Head.jpg

Career opportunities in Nigeria:

· Internal Control Manager

· Tax Manager

· Head, Internal Control & Audit

· Services Manager

· Financial Controller

· Head Finance

· Procurement Manager

· Corporate Finance Manager

· Financial Accountant


Internal Control Manager

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Location: Lagos

Country : Nigeria

Description: The Manager will support the Group’s management to set up and guarantee maintenance of sufficient internal controls throughout the rest of the group to ensure reliability of financial reporting (in conjunction with Business Monitoring and Performance Management, Treasury, Tax and Legal).

SPECIFIC DUTIES & RESPONSIBILITIES

· Create a group-wide framework for internal Control

· Ensure harmonization and uniformity of internal controls through the Internal Control Standards

· Establish and maintain the Control and Procedures manual

· Manage financial reporting control activities at Corporate and oversee these activities within the OpCos.

· Coordinate group wide implementation projects for internal control

· Coordinate and monitor remediation projects for significant deficiencies and material weaknesses as reported by Internal Audit and the external auditor

· Assist units in documenting internal control through standard methods

· Ensure consistency of assessment and monitoring approach across internal control processes

· Provide assistance to units as self assessments identify material weakness requiring formulation and execution of remediation plans

KEY PERFORMANCE INDICATORS

· Up to date Control and Procedures Manual

· Set up of controls group as agreed with the SECRemedial actions satisfactorily performed OpCo understanding of Controls (test by survey)

Qualifications:

· Minimum of 8 years experience (must have attained Senior Manager or Partner position) in a recognized auditing firm.

· An excellent academic background essential, with a minimum of 2:1, or equivalent from a leading university

· Post undergraduate qualification or degree i.e. ACCA, CFA or MBA Finance

· Ability to think strategically about business issues in a transaction Strong organizational, communication, verbal and written skills

· Modeling /Valuation: Ability to identify key drivers, reconcile output from different models

KNOWLEDGE & SKILLS REQUIRED

· Strong financial and analytical skills Excellent report writing skills

· Computer literacy

· Strong sense of commercial awareness

· Upstream and Downstream Oil &Gas industry Business Dynamics

· Strategy Development, Articulation and Execution

· Power point presentation for effective dissemination of information and decision-making

· Oral & Written Communication skills

To apply, please send your CV with covering letter clearly demonstrating your relevant experience for the post

Closing Date: 1700 hrs 18 July 2009

Contact Details:

Contact Person : The Talent Search Team

E-mail : oando-internalcontrol@findajobinafrica.com

Reference : FJA-Oan-ICM2


Tax Manager

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Location :

Country : Nigeria

Description:

JOB SUMMARY The Manager will ensure that within the Group’s Corporate Responsibilities, a proper Corporate Income Tax (CIT) position is reflected in all our CIT-tax returns as well as our financials. He/ She will also ensure the appropriate CIT-payments are made in time and an open relationship is maintained with all CIT-authorities. The Manager will review potential Tax planning opportunities, and implement if it can be done in all openness and if it is a very sound opportunity. SPECIFIC DUTIES & RESPONSIBILITIES Develop Tax structure and Policy Ensure the proper CIT payments are made in time Ensure the proper CIT returns are filed in time Manage tax audits, and Tax exposures in general Within the Groups corporate responsibilities, realize tax planning opportunities In cooperation with OpCo’s, the Manager can take responsibility for other taxes such as VAT, Payroll, Sales tax, Property Tax and all other taxes related to Federal, State and Local Governments KEY PERFORMANCE INDICATORS Timely and accurate Tax reporting and filing supported by well-organized documentation adhering to Tax agencies’ policies Timely and accurate application of new Tax laws and accounting developments in a strategic manner

Qualifications:

Minimum of 8 years experience (must have attained Senior Manager or Partner position) in a recognized Financial Accounting firm. Must possess specialty Tax skills An excellent academic background essential, with a minimum of 2:1, or equivalent from a leading university Post undergraduate qualification or degree i.e. ACCA, CFA or MBA Finance Ability to think strategically about business issues in a transaction Strong organizational, communication, verbal and written skills Modeling /Valuation: Ability to identify key drivers, reconcile output from different models Strong financial and analytical skills Excellent report writing skills Computer literacy Strong sense of commercial awareness Upstream and Downstream Oil &Gas industry Business Dynamics Strategy Development, Articulation and Execution Power point presentation for effective dissemination of information and decision-making Oral & Written Communication skills

To apply, please send your CV with covering letter clearly demonstrating your relevant experience for the post

Closing Date: 1700 hrs 18 July 2009

Contact Details

Contact Person: The Talent Search Team

E-mail: oando-tax@findajobinafrica.com

Reference: FJA-Oan-TM4


Head, Internal Control & Audit

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Location: Lagos

Country: Nigeria

Description : JOB SUMMARY

· The Head, Internal Control & Audit has responsibility for overseeing the day-to-day activities of the ICA Department.

· The job incumbent partners with Oando’s management team, and employees at all levels, to achieve objectives consistent with the company’s corporate strategy and business goals.

· This is achieved by providing periodic independent assessments of the integrity of business processes, levels of compliance to laid down procedures and controls, and also the efficiency and financial regularity of company operations.

· The position incumbent champions the implementation of effective Risk Management policies, systems and controls across the company and oversees all periodic internal auditing activities, including EHS (Environmental Health & Safety) and EDP (Electronic Data Processing) audits.

· The objective is to provide continuous assurance that the business, systems and operational risk exposures the company may face are understood and managed appropriately within Oando’s dynamically changing business landscape and environmental context.

· Finally, the Head, ICA handles fraud detection, investigations and crisis management as may be required from time to time.

SPECIFIC DUTIES & RESPONSIBILITIES

Strategic

· Leads the formulation and articulation of Oando’s Risk Management philosophy, emphasizing the company’s risk tolerance levels/stance and threshold points for various elements of risk

· Ensures Oando is able to maintain the integrity of all business operations/ transactions and activities as the company grows, through the development, implementation and continuous monitoring of the risk management and control framework (systems, structures, policies and procedures)

· Ensures shared understanding of, and creates company-wide awareness about, the various risks inherent in Oando’s business context and operations and works with various employee groups to develop and execute effective risk mitigation strategies

· Facilitates the evolution of a strong and effective risk management culture across the company to ensure all business activities are carried out in accordance with relevant industry regulations, risk management standards and company policy Operational

· Ensures the effective integration of Oando’s Risk Management plan with day-to-day operations, and in so doing regularly interfaces with the various functional areas, divisions and business locations, working with various employee groups to determine areas of mutual collaboration towards the achievement of compliance and business effectiveness objectives.

· Establishes required assurance strategies and plans

· Conducts appraisals of the adequacy/efficacy of the company’s control strategies, structures, systems and procedures

· Champions initiatives related to achieving improvements in the effectiveness of the company’s risk management and control strategies, philosophies and systems

· Evaluates the adequacy of controls in the company's computing and communications systems

· Reviews systems and procedures across all business areas and recommending improvements to existing processes and procedures, where appropriate

· Appraises the extent of compliance by various functional areas with policies, procedures, plans and legislation and monitoring actions agreed to address areas of high risk and/or control lapses observed • Appraises the economy, efficiency and effectiveness with which company resources are deployed • Assesses the accuracy and adequacy of management information • Provides advice to functional areas on various administrative and financial matters, especially those that may create risk and control lapses • Maintains contact and liaising with the company's external auditors to ensure complementary effort • Conducts ad-hoc and confidential investigations on control breaches, as may be necessary from time to time • Manages loss recoveries • Manages crises arising from situations of crystalised risk • Provides timely, comprehensive and accurate review and situational reports to all key stakeholders • Manages the performance of the ICA Manager and Senior ICA Officer . KEY PERFORMANCE INDICATORS• Compliance rate with laid down operating policies & procedures & service standards • Rate of irregular activities and frauds as a result of control lapses • Adequate inspection coverage of all Oando Group Businesses • Number of spot checks and reviews per period • Timeliness in conducting investigations • Number of queries from the regulatory authorities and external audit reports • Quality and timeliness of reports and updates • Adequacy of risks and controls of the Bank’s operational activities

Qualifications:

· 1st degree in Accounting, Finance, Economics or other related area.

· 10 - 12 years cognate work experience, 4 years of which must have been at Senior Management level and Audit related from a reputable organization/Institution

KNOWLEDGE & SKILLS REQUIRED

· Oil & Gas Industry Dynamics

· Products Knowledge

· Audit Planning

· EDP Audit

· Accounting (Management & Financial)

· Financial Analysis/Interpretation

· Audit Investigations & Documentation

· Business Process

· Analytical Thinking & Conceptualisation

· Budgeting & Budget Monitoring

· Leadership/ Supervisory

· Customer Focus/Service Orientation

· Internal Controls

· Oral and Written Communication

· PC Utilisation

· Project Management

· Total Quality Management

· Risk Management

· Relationship Management

To apply, please send your CV with covering letter clearly demonstrating your relevant experience for the post

Closing Date: 1700 hrs 18 July 2009

Contact Details

Contact Person: The Talent Search Team

E-mail: oando-ica@findajobinafrica.com

Reference: FJA-Oan-ICA1


Services Manager

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Location : Lagos Nigeria

Country : Nigeria

Description : Functional Area:

Administrative Services/Facilities Management, Travel Management, Logistics and management of 3rd Party Service Providers

Reports To: Chief Corporate Services Officer

Responsible For: Administrative Services Officers, Protocol Officer, Service Providers

Overall Purpose of Job: Effectively manage the Services function for the Oando Group, nationwide.

Responsibilities:

Administrative Services

Supports the Chief Corporate Services Officer to develop and implement the Group Services policy and procedures.

Direct and co-ordinate the provision of adequate office support infrastructure, functional utilities and services for smooth business operations.

Develop and implement processes to improve efficiency in service delivery.

Develop services plans and administer/control budgets for office contracts, equipment and supplies.

Develop and monitors all SLAS with all 3rd Party Contractors to ensure timely delivery to the organisation Facility Management

Manage leasing and operations of facility space to ensure it remains safe, secure, and well-maintained.

Effectively manage costs (both CAPEX & OPEX) for facility maintenance and make recommendations for high-impact cost savings aligned with the strategic directions of the business

Direct the activities of service vendors and implement service quality review procedure to track and monitor the performance of service vendors and 3rd party service providers.

Direct the preparation, analysis, negotiation, and review of contracts related to services procurement and equipment maintenance. Travels Management • Lead efforts to ensure that travel policy reflect best practices in the area of travel management, focusing on efficiency and effectiveness• Plan and direct the activities of 3rd party service providers, to optimize cost savings on travel expenses• Forge meaningful relationships with airlines and hotel operators• Develop and implement strategies to manage travel budgets and maintain statistical/financial records.• Oversees the visa procurement process and the management of staff appointments with embassies. Freight Coordination/Logistics • Plan and direct import and export processes to support business and operational needs, including ensuring the development of entities freight and logistics plan. • Liaise and negotiate with vendors on freight charges and courier service agreements. • Monitor and review of SLAs with vendors to ensure cost optimization benefits are derived. Key Performance Indicators:• Adequacy and effectiveness of Oando’s service’s plan in facilitating the attainment of business goals and objectives• Effectiveness of the unit budgeting and budget monitoring efforts• Timeliness and effectiveness of service delivery management efforts• Internal Customer satisfaction levels• Performance on internal audit examinations; number and complexity of queries raised• Effective and timely delivery of all services’ function• Ease of retrieval and utilization of services-related documents and reports• Effectiveness of relationship with service providers

Qualifications:

A good University degree

Minimum of 5 - 7 years work experience, preferably an Oil and Gas Multinational;

Prior General Administration experience is an advantage.

Required Competencies:

Oil & Gas

· Industry Dynamics

Supply Chain Management

Local & International Best Practices in Supply Chain Management

Negotiation & Contract Management

Numeracy and Analytical skills

Budgeting

Basic Accounting

Cost Control

Project Management

Creativity & Innovation

Organisation/Administration

Oral & Written Communication

Team player

Verbal and written communication skills

To apply, please send your CV with covering letter clearly demonstrating your relevant experience for the post

Closing Date: 1700 hrs 18 July 2009

Contact Details

Contact Person: The Talent Search Team

E-mail: oando-services@findajobinafrica.com

Reference: FJA-Oan-SM6


Financial Controller

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Location: Lagos Nigeria

Country: Nigeria

Description:

The Financial Controller is responsible for maintaining the integrity of the company’s financial and accounting processes through the exercise of appropriate monitoring and control over the Company’s business processes. As the business continues to grow & expand its activities, the level, nature and range of risks facing Oando are increasing, with pressure coming from both external and internal sources. The job holder supports the ED, Finance in ensuring that appropriate financial management & control processes are in place. This is achieved through close working relationships with all Terminal Finance & Admin. Managers and Plant Accountant. SPECIFIC DUTIES Strategic: leadership, management and vision to the company’s financial structure and organisation across the divisional accounting areas to support efforts at ensuring accurate reporting of company’s profitability. Devising and implementing financial strategies and controls and developing operational financial structures and systems. Operational Significant involvement in the budgetary process to ensure all budgets adequately reflect periodic resource requirements and revenue estimates for the business; co-ordinates the periodic financial performance monitoring and reporting activities of the company. Reviews all finance & accounting processes/procedures and ensure that they follow best practice and are consistent across all transactions and activities. Coordinates all activities between the Head Office and divisional accounts functions/ activities; ensuring seamless integration of processes with a view to ensuring the maintenance of the integrity of financial information generated. Complies with regulatory and statutory requirements; monitors the Company’s financial books/position and signs off on any adjustments to ensure effective controls. Reviews and reports monthly management accounts, cash control, annual statutory accounts Manages the performance of the various personnel assigned with the primary responsibility of overseeing the finance and accounts functions at the divisions and other company installations Responsible for coaching and developing staff and identifying training requirements. Reviewing financial controls, procedures and ensuring that they are changed and improve as business activities expend. Liaising with third party for external audit purpose. Performs other assigned duties as delegated by the ED, Finance from time to time. KEY PERFORMANCE INDICATORS Effectiveness of budgetary and financial performance monitoring activities Effectiveness and adequacy of Assets & Liability, Treasury and Cash Management efforts Timeliness and accuracy of financial and management reports Effectiveness of financial controls Number and quantum of penalties imposed on Oando for non-compliance with regulations Adequacy and effectiveness of accounting processes & systems in enabling business operations Performance on external audit examinations; number and complexity of queries raised, level of suspense and unreconciled items etc. Ease of retrieval of financial information and documents Staff Satisfaction Levels

Qualifications:

1st degree in Finance, Investment Management, Business Administration, Economics or Accounting. Professional Accreditation (ACA) 7-10 years cognate work experience the last 3 of which must have been in a management role within a reputable and structured business environment KNOWLEDGE & SKILLS REQUIRED Oil & Gas Industry Dynamics Product Knowledge Business & Financial Strategy Development and Execution Financial Accounting Management Accounting Financial Analysis & Interpretation Assets and Liabilities Management Networking Coordination Negotiation Business Performance Monitoring Relationship Management Leadership/Supervisory Teamwork Oral & Written Communication PC Utilisation

To apply, please send your CV with covering letter clearly demonstrating your relevant experience for the post

Closing Date: 1700 hrs 18 July 2009

Contact Details

Contact Person : The Talent Search Team

E-mail : oando-finance@findajobinafrica.com

Reference : FJA-Oan-FC7


Head Finance

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Location : Lagos Nigeria

Country : Nigeria

Description:

The primary function and responsibility of the Finance Department is to ensure Oando S&T maintains financial integrity of its books, financial processes, procedures and financial controls in line with established accounting processes, regulations governing the business and internal control policies such that financial information is at all times accurate, comprehensive, relevant, timely and useful for decision making. The Head Finance serves as the principal executive accountable for financial strategy development and execution in Oando S&T 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 ensures the provision of detailed financial data, as well as relevant, accurate and prompt analysis and recommendations required for daily trade financing decisions. In addition, he/she has charge of day-to-day finance and trading transactions, ensuring adequacy of funding/ liquidity for spot trades and term contracts and also ensures overall effective treasury management activities. Budgeting, financial performance monitoring and reporting are also key functions. The role is responsible for tracking (and/or developing), managing and reporting on the financing and expenditure profile of the supply and trading business (local and international trading concerns). To this end the incumbent is expected to effectively manage the acquisition, use, maintenance and disposal of all capital and financial assets of the Company.

SPECIFIC DUTIES & RESPONSIBILITIES

Strategic

· Develops and articulates a comprehensive financial strategy for Oando S&T based on business growth plans.

· Monitors the present and future capital requirements of the Company; reviews and periodically determines the long- and short-term financial objectives and policies of Oando S&T and provides guidance/advice to Executive Management about all proposals concerning major financial policies (dividend, fiscal and financing) of the Company, including but not limited to policies relating to the Company's cash needs, shareholder distributions, share repurchases and investments

· Liases with external Financial Services organisations and investors as may be required, to ensure the business remains adequately funded in terms of Debt, Equity and Working Capital requirements.

· Expands Oando S&T’s outreach activities and referral networks to ensure valuable and effective financial partnerships and alliances are forged that facilitate business growth and expansion requirements over time. Operational

· Leads the formulation and execution of Oando S&T’s corporate level investment and financial management/financing programs for enhancing business growth and operating efficiency.

· Understands the impact of world events on market dynamics and translates these into effective trade financing plans and options that effectively reduce the uncertainty and exposure the company faces in the conduct of its business.

· Defines financial targets (cash flow, ROI, ROC, PBT etc.) and ensures the sourcing of external debt and equity financing required to support the company’s long-term growth and stability.

· Establishes and maintains an effective financial management framework covering treasury, tax planning, financial control and management information systems (MIS) processes that support Oando S&T’s mission and business objectives and enable the effortless production of relevant periodic reports.

· Ensures the effective integration of the Company’s strategic plan with its financial management strategies and in so doing regularly interfaces with the JV partner (Oando Plc) and individual operating entities within the Group to determine areas of mutual collaboration towards the achievement of Group financial and business objectives.

· Develops and implements effective Trade Finance, Financial Management and Accounting systems, processes, procedures and policies which provide effective controls in the deployment and utilisation of capital.

· Manages budgetary processes to ensure all budgets adequately reflect periodic resource requirements and revenue estimates for the business; co-ordinates the periodic financial performance monitoring and reporting activities of the Company.

· Approves all finance & accounting transactions and ensures processes/procedures are effective and comply with regulatory and statutory requirements; monitors the Company’s financial books/position and signs off on any adjustments to ensure effective controls.

· Manages Oando S&T’s Assets and Liabilities position to ensure current knowledge of the Company’s cost of funds and product pricing requirements; oversees regular banking and treasury transactions and ensures adequate funds/liquidity levels are maintained to support daily trades and business operations; ensures future net cash flows remain positive on a day-to-day basis.

· Ensures surplus funds are properly invested.

· Manages the Company’s asset, debt, cost and profitability position and establishes an appropriate framework for the prompt rendition of returns/dividends to Investors, and for repayments of short and longer-term debt (monitors/manages facilities with financial institutions).

· Effectively manages Company Taxes and works through Oando S&T’s leadership and management team to reduce costs, enhance revenues, achieve effective utilisation of capital and attain projected Cash Flow, IRR/ROC and Profitability targets.

· Ensures the provision of timely, comprehensive and accurate Financial and Management Accounts that support decision making processes.

· Builds strong and value-adding relationships with financing partners (local & offshore banks) and represents Oando S&T to the external Financing community through effective communications, participation in workshops and other events.

· Reports known contraventions of financial statutory regulations and/or Group policy to Executive Management.

· Supervises the preparation and despatch of periodic statutory returns to regulatory authorities as may be required.

· Plans and coordinates the activities of statutory examiners and manages relevant 3rd party relationships (e.g. with bankers and regulatory authorities).

· Responds to Audit/Examination queries as may be required from time to time.