Finance Officer

Ensure to forward updated resume on aashish.nikam@petroexceltech.com

• Position : Finance Modeler
• Qualification / Criteria : CA, CFA, MBA
• Experience : 9 to 15 Years
• Work Location : Lagos, Nigeria

Role & responsibilities

• Build, modify, audit and operate Microsoft Excel based Financial, Economic and Quantitative Models to support: ❖ Business, operational and financial decision making ❖ techno-commercial feasibility studies for new projects or business diversification and business expansion projects ❖ Cost-benefit analysis for multiple options of business ventures and business investments ❖ Optimization of Capital Mix decisions (Debt, Equity, Working Capital, Fixed Capital etc.) ❖ Simulation analysis for different forecasting scenarios with respect to Macroeconomic factors, Market Environment and Industry specific Market Factors, internal technical and operational parameters and factors, business volumes or output ❖ Forecasting of Financial Statements (P&L A/C, Balance Sheet, Cash Flow / Fund Flow Statements etc.) and support Budgetary Control process
• Build excels based quantitative and financial models for Upstream, Midstream and Downstream Oil & Gas Businesses following the conditions and the logic as stipulated in the relevant commercial agreements and arrangements related to: ❖ Cash Waterfall Sequencing (Revenue, Opex., Taxes, Transfer to designated reserve accounts, Cost Recovery, Financing Charges, Profit Distribution etc.) ❖ Funding of the Project and repayment of Debt Financing / Advance through Cost Recovery Mechanism ❖ Computation of financing cost and payment of financing cost ❖ Computation of various forms of taxes, depreciation schedules etc. (based on Contractual arrangements as well as relevant statutory provisions) ❖ Distribution of Surplus funds at various stages to various stakeholders such as Service Providers, Govt. Agencies, Financiers, Shareholders etc.
• Provide relevant support to track, forecast and report on the progress of the payments and calculations relating to Cost Recovery and Compensation
• Using the model, determine and advice on the likelihood of a shortfall in internal rate of return (IRR) related to the project
• Integration of Excel Models, as a Business and Financial Analyst, and not as an IT Database Specialist, with Corporate Data Warehouses and data from Transaction Processing and Business Intelligence Systems (ERP and BI Systems)
• Design, build and implement other financial & business models as may be directed by Senior Management
• Identify key financial and non-financial risks and recommend actions for mitigating those risk
• Apply appropriate sensitivity and scenario analysis to support model outcomes and decisions
• Financial & Commercial Due Diligence on new deals and new projects
• Developing, reviewing and negotiating financial and commercial terms and conditions in agreements
• Financial and cost management of new projects
• Supporting vendor, partner, customer negotiations as a financial and commercial specialist
• Supporting Management review and approvals of new projects from financial and commercial perspectives

Perks and benefits

Benefits & Facilities provided by the organization :

• Fully furnished accommodation along with maid, laundry, Gym, Swimming Pool and security services with a Single status (i.e. Only employee can stay here)
• Free Food ( Breakfast, Lunch, Dinner) prepared by professional chefs
• Local transportation provided by the company.
• For local personal expenses company provide Naira 65,000 per month over and above the salary. (This is same across the level / designation/ role)
• Company provides Medical Insurance of 3 lacs for self and family for treatment at India.
• Laptop, Mobile Handset, Sim, and monthly free top-ups (as per grade) and other Facilities.

Working Terms:

• Time off Rotation will be 6 Month working and 21 Days paid off & subsequently followed by every 6-month ones (Both to and from International & Domestic travel tickets provided by company.
• Workdays & Hours Six and half days work, (Monday to Friday 8:30AM to 6:30PM / Saturday – 9:00AM to 6:30PM / Sunday – 9:00AM to 2:30PM)
• First salary will be released after 60 Days followed by the salary cycle ( Ex: If you joined in April, you will get first month salary on June then after that every month you will get regularly)

If you are interested, then kindly share your updated cv with following details :

1

Name as per Passport

2

Current Company

3

Present Position

4

Total Experience

5

Relevant Experience

6

Native/Hometown Location

7

Current Location

8

Current CTC and take home salary

9

Expected CTC (Whether Negotiable) and take home salary

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Notice Period (Whether Negotiable)

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Highest Qualification (Full Time / Part Time)

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Year of Graduation

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Contact Number & WhatsApp number

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Date of Birth and Age

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Ready to relocate in Nigeria with single status

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Have you ever been applied or interviewed in Sterling Oil Exploration & Energy Production Co. Ltd ? : If yes then please mention month and year with proper feedback of interview

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Do you have any offer in India or overseas, if yes then please mention Salary and location

18

Passport Number with date of issue and expiry