Graduate Trainee

For quick response - request you to forward your updated resume on aashish.nikam@petroexceltech.com

Role & responsibilities

JOB DESCRIPTION

JOB TITLE [Trainee - Treasury] [F&A-Projects]

JOB LOCATION Lagos, Nigeria

REPORTING TO Deputy Lead - Treasury

BUSINESS UNIT Centre Of Excellence

SUB_BUSINESS_UNIT Centre Of Excellence

DEPARTMENT Finance & Accounts

SUB_DEPARTMENT Finance & Accounts (Finance - Treasury - Naira)

Key Responsibilities

• Learn, maintain and update relevant systems and data bases, participating in pre and post system testing for enhancements as required.
• Payment Processing of local currencies
• Responding to correspondence to process and deadline.
• Maintain relevant systems/data bases.
• Processing of local payments (Salary/vendor) using Treasury Management System (TRMS"
• Daily Bank Account Statement recon against the payments processed "
• Confirming the Accountants of all payments processed"
• Verification of all documents in line with approvals before uploading to TRMS"
• Reporting of SLAs on daily basis"
• Assists with preparation of correspondence, presentations, reporting as per business requirements.
• Understanding compliance and adhere to all legislative, procedural, industry, financial and client specific procedures, where relevant, to minimize risk and escalate non-adherence as per the escalation matrix.
• Support and assist other team members as and when required.
• Provide superior service, ensuring service and quality standards are met and to minimize re-work.
• Perform a variety of reconciliations for the Treasury FX Team on a daily basis.
• Maintain control sheet and issue to business areas for confirmation.
• Ensure that all regulatory CASS requirements are met (e.g. internal & external reconciliations,.)
• Ensure reconciliation best practice is used when performing all reconciliations.
• Ensure appropriate escalation is employed when identifying reconciliation anomalies.
• Show a high level of risk awareness and Complete all tasks in a timely manner with a level of accuracy

Functional Skills

• Working knowledge of Microsoft Office programs, (Outlook, Word, Excel, PP) & ERP
• Good communication skills – both written and oral
• Ability to work as a team and under supervision. Demonstrates good teamwork ethic, showing willingness to assist peers and take on additional tasks.
• Takes ownership of role, responsibilities, and impact on the wider team

Ability to work to tight deadlines and follow process where necessary.

Perks and benefits

Company Name: Petroexcel Technology Services Pvt Limited (https://petroexceltech.com/)

• Petroexcel technology services is part of the Sterling group and functions into all facets of the business life cycle started their operations in 2020
• We have set up our Centre of Business Excellence, under Petroexcel Technology Services Pvt Ltd (PTSPL) Vadodara, India with the employee strength of 330+ and with inception plan of 1500 employees by the end of 2025.
• Their robust performance in oil and energy services suggests ongoing growth in operations, especially in sectors like upstream, midstream, and downstream engineering and procurement services.
• With EBITDA growth of 103.64% March 2023.

Sterling Oil Group – Nigeria Parent Company (https://www.stoilmgt.com/- ) Nigeria

• Sterling Group is the market leader in Onshore, exploration and Shipping services, the company is now focusing on expanding its operations and have acquired New Blocks which has huge oil and gas reserves (around 5000 Sq. Kms. acreage).
• We wish to inform your good self that SEEPCO (Indian Group) is a separate entity in Nigeria.
• Employee strength of close to 16000 including close to 2200 Indian at Nigeria
• We also have our Shipping Division for the export of our Crude.
• We are expanding into setting up 4 LPG Plant (1 Operational and 3 under construction),
• Petrochemical, Fertilizer, Port, Jetty, LNG and Power Plant of 1500MW (Gas based – combined cycle).
• We are in expansion, especially because of the huge gas reserves that we have, and the company intends to monetize the same.
• We have our very own Shipping and Dredging Department with around 100 barges, Oil Tankers, Dredgers and VLCC Vessels.
• We are now expanding our business prospects into Mining and Metals and acquiring assets in other African Countries (for Bauxite, Iron-Ore, Gold etc.,).
• Sterling Oil Exploration & Energy Production Company Limited (SEEPCO), part of the Sandesara Group, began its operations in the oil and gas industry around 2006. The company entered the Nigerian market by signing production-sharing contracts for oil blocks, notably starting with OPL 277. By 2007, it had signed contracts for OPL 280 as well​.
• Their first crude oil production milestone was reached in 2011 when the company celebrated producing 1 million barrels of Brent crude from Nigeria​
• SEEPCO has since established itself as a significant player in the Niger Delta, operating with licenses for oil and gas production across various fields.
• Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) members across various departments, including operations, sales, marketing, HR, and finance. The company, which began operations in 2006, is part of the Sandesara Group and specializes in oil and gas exploration and production, primarily in Nigeria
• Our group has already acquired a very large block for Bauxite in Guinea, and we intend setting up an Aluminum Smelter in Nigeria.

Benefits & Facilities provided by the organization for Indian at Nigeria:

• Fully furnished accommodation (Bachelor’s) along with maid, laundry, Gym, Swimming Pool and security services etc. (i.e. Only employees 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 in 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 30 Days paid off (Both to and from International & Domestic travel tickets provided by company). – Subject to Management Approval.
• Workdays & Hours – Seven Days Working (Monday to Sunday – 8:30AM to 6:30PM)
• As per the Nigeria labor law, we have a limited quota for expats.
• As we are a multi-company group, we have a limited expat quota available on each company, basis that wherever the quota is available, we issue the appointment letter to the candidate on behalf of that company.
• The first salary will be released after 60 Days followed by the salary cycle (Ex: If you join in April, you will get first month salary in June then after that every month you will get regularly)