Finance and Pensions Professionals at Shell Nigeria Business Operations (SNBO)

Shell Nigeria Business Operations (SNBO) – Our Shared Service Centre, Shell Nigeria Business Operations (SNBO) is focused on driving operational excellence in process management with roles in Functional Operations and Advisory. We enable Shell Exploration and Production Companies in Nigeria to operate competitively in a dynamic business environment. We are looking for high performing, experienced and skilled individuals with the drive to create significant business impact.

We are recruiting to fill the position below:

Job Title: Finance and Pensions Professional

Reference ID: R7470
Location: Lagos
Employment Type: Full time

Purpose

• Finance Advisors serve as the face of Finance for opportunities or challenges prioritized based on value and risk across Shell Companies in Nigeria. They are responsible for the delivery of Finance capability required to support a set of clearly defined business outcomes across multiple activities/assets, leveraging cutting edge technology to deliver. It requires laser sharp attention to detail coupled with an ability to zoom out and see the big picture.
• We are recruiting several Finance Advisor roles that support different parts of the Business as the core of the role. Additionally, these roles are also part of the Finance Advisor pool where projects are allocated are based on business opportunities/projects and individual development needs.
• Additionally, there are some roles specific to Treasury management of funding requirements and reporting. Relevant banking experience will be desirable.

Accountabilities
The Finance Advisor will:

• Deliver the full suite of Finance support autonomously and coordinate the involvement of finance specialists like including tax, treasury, accounting and commercial finance.
• Independently ensure that a proper functioning control framework is in place and that risks are properly understood, reflected and managed.
• Independently ensure value and risks are made transparent and understood in both decision making and in performance management.
• A fit for purpose performance management system is in place.
• In activities where Finance Operations and the Business act together to deliver, the Advisor will lead/initiate structural improvement projects with clear accountabilities for own and team delivery.
• Actively look for opportunities to reduce non-value adding Finance activity (e.g. demand management).
• Engages external stakeholders on finance elements for cost approvals.

Challenges:

• Successful candidates will need to climb a steep learning curve and be able to work independently with minimal supervision within a very short period. Virtual working with key stakeholders and partners requiring high levels of personal authenticity, discipline and relationship skills.

Requirements for the above Finance Advisor roles:
Role: Supervisor or Individual Contributor? Individual Contributor

• Professional Accounting Qualification such as ACA, ACCA, CIMA
• Bachelor’s degree
• 3 years to 12+ years post-graduation work experience in accounting or Finance Advisor roles

Desirable:

• Significant experience in one or more of the following will be an added advantage

Business performance management:

• Management Information and reporting (Use of SAP and Business Warehouse or other ERP and MI systems)
• Financial Accounting and Controlling
• Post-qualification experience in Audit practice and/or Assurance services
• Finance process excellence
• Project Management lead experience
• For Treasury Advisor role relevant banking experience including but not limited to Treasury operations, corporate finance, project Finance

The successful candidate should have Commercial acumen and drive as well as a Strong Business Partnering Focus characterized by:

• A deep understanding of the impact of external trends and competition and its impact on the Oil & Gas Business
• Stakeholder management and negotiation skills Ability to boldly challenge the Business/Function to think through strategic issues and value opportunities
• Demonstrated ability to identify, articulate, initiate and deliver high-impact value propositions, overcoming political and organizational barriers
• Initiation of or participation in cross-Business/Function and/or external collaborative efforts that significantly benefit the bottom line
• Logical yet innovative approach to problem solving
• Working in a multinational corporation

Candidates:

• Should be excellent team players with demonstrated ability to contribute positively to team dynamics, with a balanced focus on delivery, development and personal life.
• Must have high ethical standards, integrity, a personal culture of maintaining confidentiality of sensitive information and of compliance to organizational policies and procedures.

Professional Growth:
Finance Advisors will benefit from:

• Opportunity to contribute to the delivery of a business/function specific Finance agenda.
• Broad opportunities for development as a result of pooled working, where there will be more variety and complexity in the experiences an Advisor will get over their job tenure.
• Ability to apply Finance skills to a variety of business activities and gain better understanding of end to end value chains.
• Enhanced peer learning opportunities (knowledge sharing) due to commonalities of activities performed by pool members. This will be more “pull” than “push”.
• Developing the capability to quickly understand the value drivers, risks, dimensions, and business players a (new) parts of the business the pool supports.

Insurance Advisor role:

• Responsible for the placement and management of efficient Insurance Programme to protect the assets including personnel of Shell Companies in Nigeria at the lowest possible cost and respond to liabilities arising from the activities of the Shell Companies in Nigeria. This includes, but is not limited to insurance strategy development, market survey, contracts and vendors management, claims processing, stakeholder management and regulatory compliance.

Accountabilities:
The Insurance Advisor will:

• Develop, monitor and continually evaluate insurance strategies, to ensure optimal coverage. Be able to crisply communicate the situation we are in, versus competition, versus government requirements and versus industry possibilities. Clearly formulate the options we have so that discussion and decision can be facilitated for management.
• Advise on insurance issues in Contracts, review insurance/indemnity clauses and handle queries from customers on insurance provisions.
• Ensure full compliance with Insurance requirements, as well as pro-active service offer to the Business.
• Arrange and administer efficient Insurance Programme to protect the assets and respond to liabilities that result from the activities of the Shell Companies in Nigeria also including construction projects.
• Co-ordinate the annual insurance renewal negotiations with insurers and JV Partners.
• Implement Shell’s strategy on the Nigerian Content directives on Insurance ensuring 100% approvals by NCD and NAPIMS. Also work to ensure clauses in the contract are enforceable.
• Advise Management of changes in the various Shell Global Businesses Risk & Insurance Strategy/Policy & Initiatives and ensure implementation as appropriate.
• Independently manage and optimize relationship with Joint-Venture Partners/Regulatory Authorities on Risk & Insurance issues. Additionally, with the Group Insurance Company, Local Insurers, Brokers and Loss Adjusters.
• Vigorously pursue and obtain timely settlement of valid insurance claims. Work with Risk & Insurance to pursue all SEPCiN’s long outstanding claims. Periodically, review pending claims and oversee preparation of quarterly claims report to management and JV Partners.
• Liaise with the Legal department to monitor progress of litigation and advise Insurers as appropriate.
• Prepare and manage the Insurance budget and achieve cost-efficiency of Insurance programme. Ensure all programs are covered within the approved budget.
• Identify staff development needs and provide staff training (both internal and external) on the highly specialized insurance skills.
• Periodically review Insurance market/Rating forecast and advise Treasury Manager on optimum levels of Risk Retention.

Dimesnion:

• Operational, projects and staff personal liability insurances
• Car fleet insurance, 000’s of vehicles
• Projects & operation policies – multi $m
• 2 direct reports

External Interfaces: International & Local Insurance Markets/Brokers/Loss Adjusters; NNPC/NAPIMS/NCD, JV Partners, parties to PSC; Local Insurance Industry Regulators e.g. NAICOM, NIA

Challenges:

• Successful candidates will need to climb a steep learning curve and be able to work independently with minimal supervision within a very short period. Virtual working with key stakeholders and partners requiring high levels of personal authenticity, discipline and relationship skills. Specific role challenges include:
• Defending Shell interests by optimizing the insurance portfolio.
• Balance Joint venture/production sharing requirements versus Group Insurance strategy.
• Handle a wide range of internal and external stakeholders, at very senior level.

Individual Contributor or Supervisor? Supervisor.
Requirements for Insurance Advisor role:

• Role: Supervisor or Individual Contributor? Individual Contributor
• Degree in Insurance or related discipline
• Professional Accounting Qualification such as ACA, ACCA, CIMA
• 3 years to 12+ years post-graduation work experience in accounting or Finance Advisor roles

Desirable:

• Sound knowledge, understanding and application of Insurance principles, Insurance Laws, Regulations & Practices and experience in applying to different corporate structures
• Additional specialist training/exposure in Insurance will be an advantage.
• Experience in managing difficult negotiations; familiarity with contracting principles & processes including handling tenders.
• Analytical & problem-solving skills; negotiation skills; influencing skills.
• Excellent communication & presentation skills.
• Ability to see a project through from start to completion.
• Ability to read through large volumes of documents and identify all the salient issues.
• Ability to provide front-end supervision and to act as Coach to team members.

Candidates:

• Should be excellent team players with demonstrated ability to contribute positively to team dynamics, with a balanced focus on delivery, development and personal life.
• Must have high ethical standards, integrity, a personal culture of maintaining confidentiality of sensitive information and of compliance to organizational policies and procedures.

Application Closing Date
15th February, 2021.