Modeller

Send your updated resume aashish.nikam@petroexceltech.com

We have Jobs Opening for Finance Modeler role at Sterling Oil Group Nigeria Location.

Please find below details about Our Company for your kind reference and further process.

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

Roles & 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 calculationsrelating 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

Criteria

• 9-15 years of relevant specialist experience as a Senior Financial Modeler, additional generic experience in financial controllership and accounting functions is desirable.
• Prior experience in large Upstream oil and gas industry companies or in a reputed investment bank or a Big 4 Consulting Organization will be highly desirable
• Strong problem solving and decision-making skills, with ability to evaluate alternatives and provide recommendations on key business issues.
• Deep and advanced Excel modelling skills. Proficiency in VBA (added advantage)
• Statistical Analysis Tools like SAAS etc additional advantage
• Must be a good team player with positive energy.
• Well-developed written and oral communication skills. & Good attention to details
• Fluency in English, orally and in writing, is a must and other languages such as French will be an asset.

Sterling Group (https://www.stoilmgt.com/)- Nigeria are the market leader in Onshore 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 also have our Shipping Division for export of our Crude. Now 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 into expansion, especially because of the huge gas reserves that we have and the company intend to monetize the same. For your kind information, we have our very own Shipping and Dredging Department with around 100 barges, Oil Tankers, Dredgers and VLCC Vessels.

We are also expanding our business into other countries and acquiring assets for Mining and Metals especially in African Countries (for Bauxite, Iron-Ore, Gold etc.,).

The Company's singular focus is excellence in its operations and quality control process achieved through its ability to pick the right people and steadfastly holding on to the groups work culture rooted in innovation, flexibility and ingenuity. These people are the mainstay of the company's success.

For your kind information we have an Indian culture here with most of the professional being Indians and they have been working with the group for many years. We have some of the top professionals from large MNC’s / O & G Companies and Power Sectors like – ONGC, OIL India, Cairn Energy, Reliance, Essar, Saudi Electricity, PDO – Oman, KNPC, KOC, Aramco, Qatar Gas, Qatar Petroleum, ADC, NDC, GE, Tata, Torrent etc., working with us and shall refer you their names to know more about our organization through them.

We wish to inform your good-self that SEEPCO (Indian Group) is a separate entity in Nigeria.

We have opportunity for a Senior Professional of your caliber and if interested, kindly forward us a detailed and well defined resume to enable share the same with our management for furtherance.

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 day’s 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)

Please Share below following details, updated CV (Resume), as its mandatory for application.

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

Sr. No.

Particular

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

10

Notice Period (Whether Negotiable)

11

Highest Qualification (Full Time / Part Time)

12

Year of Graduation

13

Contact Number & WhatsApp number

14

Date of Birth and Age

15

Ready to relocate in Nigeria with single status

16

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

17

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

19

Adhar number only