Finance Manager 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: Finance Manager

Job Type: Permanent/Full time
Location: Port Harcourt, Rivers

Responsibilities

• Coordination of all Finance activities
• Co-ordinate and review all account reconciliations i.e. Banks and Ledger accounts
• Maintain contact with banks on OML 114 & MPL Sole accounts
• Monitor bank balances to ensure adequate cash is available to make timely payments
• Attend meetings and liaise with Federal, Rivers, Lagos and Cross Rivers IRS
• Supervise OGSYS monthly input for MPL Sole
• Supervise Tax audits and investigations; annual statutory audits, WHT and VAT returns
• Supervise preparation of cash/Bank position statement twice in a month on USD and Naira
• Perform account opening and month end account close processes
• Supervise Cash and Purchase advances
• Supervise staff loans
• Payment/filling of statutory returns ( PPT, Withholding Tax, VAT, Royalties, Gas flare and Concession rentals)
• Review of payment vouchers and verification of purchase orders
• Reconciliation of royalty, PPT, Royalties, Gas flare and Concession rentals with DPR
• Coordinate budget preparation and provide Executive Management with budget performance report
• Coordinate statutory, Tax and NEITI audits
• Assist with any other duties that may be assigned.

Duities and Functions
Tasks Treasury:

• Contact with banks for OML 114 & MPL sole bank accounts
• Monitor bank balances to ensure adequate cash is available to make timely payments.

Account Reconciliation:

• Co-ordinate and review all account reconciliations i.e. Banks and Ledger accounts

Management Reporting:

• Monitor JV Finance for MPL.
• Full financial support including analysis for Management.

Statutory Accounts :

• Responsibility for MPL Sole books.

Liaison with Tax Authorities:

• Attend meetings and liaise with Federal, Rivers, Lagos and Cross Rivers IRS.
• Liaise with Tax Consultant

OGSYS Input for MPL Sole:

• Supervise OGSYS monthly input for MPL Sole.
• Adapts OGSYS reports to suit Management’s requirement on request.

Co-ordinate Tax & Statutory Audit:

• Co-ordinate tax compliance for PPT, WHT, VAT.
• Supervise Tax audits and investigations.
• Supervise annual statutory audits.
• Supervise WHT and VAT returns.
• Supervise Royalty, PPT and Gas flaring returns.

Operations:

• Sign payment vouchers.
• Attend to Internal Audit queries on Payment Vouchers.

Cash/Bank Position Statement:

• Supervise preparation of Cash/Bank position statement twice in the month (i.e. Mid-month and Month end) on USD and Naira A/Cs

Closing and Opening Periods:

• Perform month end account close process
• Perform account opening process at the  beginning of new months

Advances:

• Supervise Cash and Purchase advances.

Loans:

• Supervision of Staff  Loans.

IT Transition Project Management:

• Project Manager for IT Transition Projects – SAP B1 and ADOS Document Management System.

Primary Skills

• Finance, Tax Audit & Investigation, Treasury, Account Reconciliation

Application Closing Date
No Specified.

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