Job Title:  Supervisor- Finance                                                                

 

Location:             Victoria Island, Lagos                          

 

Reports To:        Finance Manager                                                                         

                                    

                                                                                                  

 

Overall Job Purpose:  Provide support to the finance function

Responsibilities:

  • Effective Support to the finance function o Supporting all financing transactions by compiling and tracking requests from prospective financiers
    • Assisting in the preparation of management account on or before workday 14 of every month.
    • Providing accurate analysis to aid better decision making. o Provide advance receipt/down payment schedule from customers and status on each assigned customer monthly
  • Responsible for foreign payments o Ensure accurate posting into the correct GL A/C code of payables vouchers with proper and sufficient description. o Ensure all postings initiated in SAP have records that are traceable and retrievable within 30 minutes of request.

 

  • Account reconciliation o Monthly reconciliation of advance payments, interest payables, salary and wages, loan s schedules, etc. with trade payables
  • Financial Control and Reporting o Preparation of weekly bank reconciliations of all Naira denominated bank accounts o Preparation of advance payments schedules that agrees to GL o Preparation of loan schedules that agrees to GL
    • Preparation of consolidated payroll schedules that agree to GL
    • Ensure all accruals are booked and monitored monthly before workday 7 of the new month.
    • Ensure all foreign loans are translated at the prevailing closing rates every month o Ensure role is ready for external audit 30 days after year end. o Provisions for OPEX accruals, PAYEE, VAT and WHT on a monthly basis o Preparation of trade payable schedules that agrees to GL
    • Preparation of Investors’s preference shares schedules and unwinding of transaction cost monthly.
    • Preparation and tracking of intercompany receivables account regularly o Ensure all foreign payables are translated at prevailing closing rates every month Ensuring that all agreed audit journals are passed on SAP and SAP agrees with audited TB within 1 week after the end of audit.
  • Fixed asset management o Maintain an updated FA register outside SAP and update monthly FA schedule o Reconcile financial Information on FA register (Cost, Deprecation, Accumulated depreciation and NBV) to GL in SAP within workday 7
    • Depreciation running on SAP before workday 5 of the next month. o Ensure all additions, disposals and impaired assets are updated in SAP.
    • Ensure all assets are tagged and maintain numbering database
  • Delivering on improving cashflow/liquidity o Advising financial institutions on liquidation, maintain liquidation track sheet o Performing analysis of loan repayment to FBN, ZBN, FSDH etc.
    • Providing finance department inputs for 12 weeks cash flow forecasts o Providing finance department input for weekly management report and yearly budget.

  • Prepayment
  • Accurately prepare monthly prepayment schedules which agrees to TB. o Ensure monthly prepayment schedule is ready within 5 days after month end with zero error
  • Ensure all recurring run of prepayment transactions monthly without exception before workday 7 of the new month
  • Ensure the balance on the prepayment schedule agrees with the balance on prepaid expenses on SAP monthly
  • Regulatory Compliance o Provision of schedules during tax audit (FIRS and LIRS) o Provision of documentations requested by tax authorities
    • Filing of annual tax returns Assisting in coordination of Tax Audit and providing support to the tax function.
    • Preparing schedule of WHT, VAT, PAYE and other taxes.
    • Ensure all regulatory payments are in the cash flow and settled when due [PAYE, CIT, Pension, WHT, VAT, Customs duties] etc.
    • Ensure all WHT credit notes from customers are updated on Tax Pro Max o Compile database of contacts in tax units of the FIRS and relevant state tax offices o Filing of VAT and WHT returns on or before 21st of every month on Tax Pro Max  o Provision of VAT and WHT supporting documents during audit o Ensure all regulatory filings are affected in line with statutory provisions- VAT & WHT  o Demonstrate working and current knowledge of regulations as it affects roles.
  • Treasury and accounts payable functions o Responsible for payables accounting company wide o Ensure all vendors exist in SAP. o Responsible for all payments (Foreign and local).
    • Ensure all payable related transactions generated are uploaded into SAP within 48 hrs. after receiving the information/documentation.
    • Ensure all payables (local) are captured and posted into SAP
    • Provide accurate payables ageing report with schedule from SAP on monthly basis at workday 7 of every new month.
    • Key supplier statements reconciled at the end of every month
  • Managing Corporate Performance
  •       o Maintaining an updated loan tracker showing status of disbursements and repayments.
    • Maintaining an accurate interest expense schedule
    • Ensure all loans are tracked, exist in SAP and evidence of interest re-computation with bank charges available monthly.
    • Ensure accurate loan and interest schedules are maintained and agrees to the GL, monthly
    • Posting of all loan related activities on SAP (FBN and other loans)

  • Budgetary Control and Variance Analysis
  • Ensure that all expenditure or request for payment are budgeted for
  • Support the Finance Manager in the preparation of the monthly departmental performance review
  • Ensure that actual cost (s) are posted into the right account where it was budgeted for
  • Support the Finance Manager In the monthly review of project cost vis-à-vis the P/L – Track actual project-related cost vs project P&L and report each week.
  • Payroll management

o Processing of payroll for payment

o Accurate payroll computation and pay run before the end of each month.

o Ensure GL is reconciled to payroll schedule every month and provide evidence.

o Maintaining payroll schedule

o Maintaining EXCO’s IOU schedule.

Person Specification / Required Competencies:

  • A good university degree in Accounting/Finance or related discipline
  • ICAN/ACCA qualification
  • Knowledge of IFRS
  • Minimum of 4 years professional experience
  • Very sound accounting skills
  • Use of Microsoft Excel at an advanced level
  • Treasury & funds management
  • Taxation
  • Negotiation
  • Oral & written communication
  • Knowledge of upstream Oil and Gas transactions is an added advantage.
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Ebi Dike

Operations Manager

Ebi Dike is a dynamic and results-oriented operations and project manager. With a successful track record and specialization in pipeline and piping operations and projects spanning over 15 years, Ebi has consistently delivered exceptional results in complex and challenging project environments.
Ebi’s strong leadership abilities have allowed him to effectively coordinate cross-functional teams, fostering collaboration, and ensuring seamless communication throughout project lifecycles. Since his involvement in the Bonga FPSO project in 2004, Ebi has lead project teams on other FPSOs like Erha, Agbami, Akpo, Usan, and Egina. He has also led project teams on other offshore and land production facilities like Total’s Ikike Project, Chevron’s DSO – Meren GGCP & SONAM Projects, Interplant Corridor Escravos Pipeline Project, and Abiteye Sewage Treatment Plant Project.
Ebi’s technical expertise is complemented by his in-depth knowledge of industry regulations, safety protocols, and quality control standards. He consistently applies best practices and innovative solutions to optimize processes, enhance efficiency, and minimize risks. His ability to analyze complex situations and make data-driven decisions has proven invaluable in resolving challenges and delivering successful outcomes. As Operations Manager, Ebi is responsible for managing cross-functional field operations and delivering various complex projects across an array of clients.
Ebi has a Bachelor of Technology Degree in Geology and a Post Graduate Diploma in Computer Information Technology, both from Federal University of Technology, Owerri. He holds certifications in relevant areas such as piping design, equipment maintenance, safety, quality, and project management methodologies. He has also completed several training programmes in engineering design, construction, management, and improvement in operational processes. Ebi also actively pursues continuous learning opportunities and stays updated with the latest industry advancements.
Beyond oil and gas services, Ebi has interests in Systems and Design thinking, Data analytics, Agile concepts and principles, Lean Six Sigma principles, and emerging technologies. He is also an avid reader of different genres. Ebi is keen on making contributions to positively impact his immediate environment and the society at large.

Aigbe Abohi

Finance Manager

Aigbe Abohi is a seasoned professional with almost 10 years cognate industry experience in areas of accounting, financial management, financial planning and reporting, budgeting, and operational finance.

Prior to joining Bell Oil and Gas, he was a General Ledger Manager at Flour Mills of Nigeria Plc where he was responsible for general accounting operations, financial reporting, suggesting, and implementing sound internal control procedures, designing standard operating procedure manuals, preparing annual audited financial statements, as well as leading and coordinating external audit exercises for various companies in the agro allied value chain. He had also functioned as a finance and accounts team lead in other organizations where he oversaw finance and management reporting, accounts payables and receivables, inventory, payroll as well as fixed assets management.

In his current role at Bell Oil and Gas, he is responsible for supervising the finance team, coordinating a variety of finance and accounts activities including general accounting, accounts payables, payroll and treasury management, financial reporting and budgeting amongst others.
He holds a bachelor’s degree in Accounting from the University of Benin, and is a member of the Institute of Chartered Accountants of Nigeria (ICAN).

His hobbies include studying, sports, music, movies and networking.

DR. (Engr). Chima Ibeneche

Chairman, Board of Directors

Dr. (Engr.) Chima has over 31 years of experience in the oil and gas industry. He spent his first three years with Schlumberger where he started out in 1978. He joined The Shell Petroleum Development Company (SPDC) in 1986. Chima was sent overseas on assignment as Senior Petrophysicist, Land Operations, in  Nederlandse Aardolle Maatschaappij, a Shell/ Esso company in Assen, northern Netherlands. He returned to Nigeria in 1989 to become the Divisional Chief Petrophysicist. He was later appointed Chief Petroleum Engineer in the Western Division of The Shell Petroleum Development Company of Nigeria (SPDC).

Dr. Chima drilled the first horizontal well in Shell’s operations in Nigeria. From 1994 to 1999, he served as the Petroleum Economist for Europe and Africa at Shell International Headquarters in The Hague, Holland; Acting Petroleum Engineering Manager, Western Division; Human Resources Manager; and Deputy Development Director and Corporate Well Engineering Manager and Service Director at SPDC. In 2004, he became the Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), pioneering offshore and deep-water exploration and production operations in Nigeria and bringing on stream the Bonga field. Chima joined NLNG in 2008 as the first Nigerian Managing Director from The Shell Petroleum Development Company of Nigeria (SPDC), a position he held between 2008 and 2012. During the same period, he was the Executive VP of Bonny Gas Transport Limited.

As the Chairman Board of Directors in Bell Oil & Gas, he is responsible for leading the Board on strategic matters and guiding the company on its strategic direction. Dr. Chima holds a degree in Electronics and Electrical Engineering from the University of Nigeria, Nsukka and a Doctorate Degree Honoris causa in Production Management from the Federal University of Technology, Owerri. He is a member of the Society of Petroleum Engineers (SPE), Institute of Directors and the Nigerian Economic Summit Group. He is also the former president of the Nigerian Gas Association and a fellow of the Energy Institute of London. He also serves on the board of several notable companies.

EJIRO ERIVONA

Position: Assistant General Manager

Ejiro Erivona has over 20 years of international experience in the upstream sector of the oil and gas industry. His expertise spans Business Operations Management , Business Development, Contracts and process management in the oil service industry as well as the Exploration and production segment of the Oil and Gas Business. 

He has managed key business divisions for various multinationals like Falcon, General Electric and Baker Hughes, working in various countries in Africa and North America, leading multidisciplinary and multicultural teams to achieve stellar business outcomes. Most recently, he held the position of Senior Manager, Operations at Nigeria’s Major E&P Independent- Conoil Producing Nigeria. 

Experienced in business startups, as well as new business generation, Ejiro has a track record of closing major deals in the IOCs, NOCs and marginal field operators in the sub-continent. 

He holds a Master of Business Administration (MBA) from the university of wales and a Bachelor of Science in Computer Science from the University of Benin. He is also an alumnus of the Administrative College of India ( ASCI) 

Ejiro has a “Black Belt” in people and change management and has pursued the same with great flair. 

KAYODE THOMAS

Chief Executive Officer

With a solid background in corporate strategy, business development, project management, business analysis and supply chain management, gained from key positions with various blue chip organisations, Kayode has many years international and domestic experience in driving businesses to achieve their strategic and corporate goals.

Prior to Bell Oil & Gas Ltd, he managed and delivered various strategic projects for multi-national corporations in Europe including business process re-engineering, organisation design, change management, ERP solutions, mergers & acquisitions, and post-merger business integration. He held strategic positions in different organisations including the Nigerian National Petroleum Corporation (London office), British Telecommunications (UK), Johnson & Johnson (UK), Cable & Wireless (UK) and GlaxoSmithKline (UK) where he managed and developed supply chain processes, new product introduction models, sales and operations planning policies, product rationing strategies, customer services and performance management methodologies across Europe. His various achievements led to him being named the Glaxo Wellcome IIP Award winner in 1998.

A finalist at the 2011 Ernst & Young Entrepreneur of the Year Award, and a founding director of Bell Oil & Gas, Kayode is a seasoned entrepreneur with a successful track record of leadership in cross-functional teams. At Bell Oil & Gas Ltd where he has held the position of CEO since inception, Kayode is responsible for corporate strategy, business planning, major projects development, change management, corporate governance, strategic alliances, brand management and corporate social responsibility. He is also responsible for the overall direction, growth and expansion of the company.

A strong advocate of continuous learning, Kayode is an ardent reader of a range of books covering leadership, motivation, relationship building, crime, autobiographies, and Christian literature. He is also a presenter and speaker at international conferences with specific interests in Strategic Alliances, Nigerian Content, and Entrepreneurship.

Kayode is an avid animal lover, with interests in exotic breeds of dogs, parrots, horses and wildlife. He is also a staunch Formula 1 follower, a lover of cricket, rugby, snooker, polo and sailing.

A Harvard Business School and Warwick Business School alumnus, Kayode is a highly motivated and articulate professional who brings with him, deep business insights, strategic thinking, and extensive management and business development experience and expertise spanning many key business areas.

A Certified Management Consultant (CMC), Kayode serves on the board of a number of companies, including several start-ups, provides advisory services to many organisations, within and outside the oil industry and supports young aspiring entrepreneurs in translating ideas into business reality. Kayode is also the founder and chairman of Rifugio Communications, a leading mobile phone retail and enterprise solutions provider in Nigeria. He holds a B.SC (Hons) Degree in Physics, an MSc in Advanced Manufacturing Systems, an MBA and a Doctorate Degree in Business Administration with research interest in Strategic Alliances and Implications for Local Capacity Development in the Nigerian Oil & Gas industry.

Kayode is a member of the Institute of Directors, the Nigerian Institute of Management and a Fellow of the Institute of Management Consultants (IMC-Nigeria).

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