Weatherford Senior Financial Controller Job Vacancy in Nigeria

Location: Nigeria

Job Purpose

• The Finance
  Organization in Europe Africa Region is looking for a Senior Financial
  Controller to lead our West Africa F&A team to excellence and to
  provide operational finance support to the Management Team to enable
  business decision making.
• The ideal candidate
  will show solid leadership skills, enable the team to achieve objectives
  in line with the strategies of the organization, and will have experience
  in commercial and business support.
• The role will be
  based in Nigeria, and reports directly to the Area Manager West Africa,
  and functionally to the Sub-Sahara Africa director of finance.
• Complying with
  Weatherford US financial reporting requirements.
• Complying with
  statutory and tax requirements.
• Ensuring
  internal controls are in place and operating effectively, complying with
  company policy and SOX.
• Responsibility
  for financial processing functions such as A/P, payroll, cash, assets
  & inventory, general accounting, sales invoicing.
• Develop and
  improve processes and procedures, to improve accuracy and efficiency and
  comply with local and company policies.
• Provide
  operational financial support and advice to the Country and Region
  Management to assist with business decision making, ie. trusted business
  partner.

• All accounting
  transactions are recorded accurately and timely.
• Management of
  inter-co invoicing process in accordance with company policy.
• Correct account
  coding for all expenditures. Ensure invoices and all expenditures are
  approved for payment in accordance with the Grant of Authority.
• Proper controls
  and processes are in place for approval and payment of employee expense
  reports.
• Inventory and
  asset records are properly kept in accordance with company policy.
• Responsible for
  managing the sales invoicing department, to ensure that sales invoices are
  accurately prepared, submitted to the customer on time. Work with
  operations to ensure time to invoice is minimized. Ensure compliance with
  the company Revenue Recognition policy.
• Cash flow and
  treasury management. Prepare periodic cash flow forecasts and cash
  transfers in line with treasury policies. Work with region and corporate
  treasury.
• Manage the
  payroll function, to ensure all employees are paid accurately and timely,
  taxes and other deductions are correct.
• Responsibility
  to work with operations management to ensure asset and inventory counts
  are performed in accordance with company policy, and to ensure the
  continuous reconciliation between financial, operational and physical
  records.
• Responsible for
  the area’s tax accounting in line with US GAAP and company policies. Work
  with local tax and legal advisers to ensure statutory and tax compliance
  requirements are met, for example with regards to tax filings, including
  VAT, personnel taxes and statutory requirements.
• Responsible to
  ensure the internal control requirements of the Sarbanes Oxley Act are
  met, and control self assessments properly completed.
• Monthly balance
  sheet reconciliations and timely resolution of reconciling items.
• Management of
  the West Africa and Nigeria Finance & Accounting Department to ensure
  team is adequately resourced with suitably experienced and trained
  personnel. Ensure team is motivated to achieve results, and personnel
  issues are effectively managed and resolved.
• Ensure adequate
  resources and training in the use of reporting systems such as Hyperion
  and Essbase, keep up to date with the monthly financial reporting
  requirements issued by Houston. Ensure back-up for key functions in the F&A
  department.
• Work with Region
  Controller Europe Africa and Region Finance Department, to ensure monthly
  financial reporting deadlines are met and all financial information is
  forwarded on an accurate and timely basis, through standard and other
  ad-hoc reports as required.
• Assists the
  Region Credit Manager to ensure: credit is only given in line with company
  policy; accurate and timely billing; timely collection of accounts
  receivable.

• A minimum of 5
  years of experience working in a similar position
• Bachelor Degree
  with a major in Finance. MBA or Master preferred
• Excellent
  communication and presentation skills.
• Good commercial
  and business support experience.
• Proficiency in
  English

• Knowledge/experience
  of oil & gas industry.
• Experienced in
  US monthly reporting and US GAAP accounting.
• Knowledge/experience
  of Sarbanes Oxley and other SEC requirements.
• Knowledge/experience
  of using JD Edwards and Hyperion.