Apply for Nestoil Recruitment 2025.
About Nestoil
Nestoil stands as the foremost indigenous EPCC (Engineering, Procurement, Construction & Commissioning) service provider for IOCs in Nigeria and Sub-Saharan Africa. Renowned for its extensive communication network and widespread offices, Nestoil Limited offers comprehensive EPCC services. The company emphasizes its diverse and motivated workforce, cherishing its multicultural and multinational professional landscape, positioning itself as a global entity in its field.
Summary
- Company: Nestoil
- Job Opening: 2 Positions
- Job Type: Full Time
- Qualification: BA/BSc/HND/MSC
- Location: Nigeria
- Deadline: Not Specified
Job Opening: 2 Positions
1. Job Title: Payroll Accountant
Job Description
We are on an evolutionary journey where we’re changing our story. We are looking to hire an experienced Payroll Accountant to join our diverse team in our Company.
In this role, you will manage the payroll process, ensure compliance with federal and state regulations, and maintain accurate payroll records.
The ideal candidate will have a strong understanding of payroll accounting principles and practices, excellent analytical skills, and the ability to work in a fast-paced environment.
As a Payroll Accountant, you will be responsible for:
- Managing the payroll process, including processing payroll, verifying payroll data, and
ensuring accurate and timely payment of employees. - Ensuring compliance with federal and state regulations related to payroll, including tax
withholding, benefits, and payroll deductions. - Maintaining accurate payroll records and prepare reports for management and regulatory
agencies. - Reconciling payroll accounts and resolve any discrepancies in a timely manner.
- Collaborating with HR to ensure accurate employee data and maintain employee payroll
records. - Communicating with employees regarding payroll-related inquiries and issues.
- Providing support for audits related to payroll and benefits.
- Developing and implementing processes and procedures to improve payroll efficiency and
accuracy. - Assisting with other accounting and finance functions as needed.
Requirements
- First Degree in Finance/ Accounting/ Economics
- A postgraduate degree will be an added advantage.
- Minimum of 3-5 years of experience in payroll accounting
- Relevant professional qualification e.g., Institute of Chartered Accountants of Nigeria
(ICAN), Association of Certified and Chartered. - Familiarity with payroll software and systems, such as SAP is preferred.
- Strong understanding of payroll accounting principles and practices
- Excellent analytical and problem-solving skills
- Strong attention to detail and ability to work accurately in a fast-paced environment
- Knowledge of federal and state payroll regulations
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
- Proficiency in Microsoft Excel
Go to Method of Application
2. Job Title: Finance Manager
Job Description:
We are on an evolutionary journey where we’re changing our story. We are looking to
hire an experienced Finance Manager to join our diverse team in our Company.
In this role, you will ensure accurate reporting and analysis of the company’s financial
transactions. You will also be responsible for effectively managing the company’s
financial resources as well as recommending strategies for managing operational costs
and maximizing profits.
As a Finance Manager, you will be responsible for:
- Liaising with the Financial Controller (FC) to develop/update and implement
financial and accounting policies, procedures, and strategies across the Group - Supporting the development of the Group’s annual plans, budgets, forecasts and
financial performance metrics to guide business operations and strategy
execution - Working with the FC to establish company-wide standards for system, data and
processes. Develop, update and guide the implementation of finance SOPs
across the group - Designing and guiding the implementation of a sound accounting framework and
compliance with tax and other statutory provisions - The development and maintenance of sound financial controls across the group’s
operations - Coordinating proper capturing of financial transactions and consolidation of the
company’s accounts from all business units and functions - Preparing accurate, comprehensive, and timely financial and management
information including tax, cash flow, management accounts, and other statutory
accounts - Coordinating the preparation of the company’s financial reports
- Managing statutory reporting process, including setting timetables and providing
guidelines to operational finance teams across the Group. This includes
supporting the year end Group accounts and annual review process - Working with finance teams to ensure intra-group balances are regularly
reconciled and variances fully investigated and resolved - Maintaining on-going liaison with relevant external bodies/contacts e.g.,
regulatory organisations, auditors, solicitors, banks etc. - Preparing “Letters of Credit” for approval and forwards them to the bank to
facilitate the importation of products - Overseeing the computation and remittance of taxes, payment of insurance
premiums, and other statutory fees - Providing technical training, guidance and advise on financial accounting issues,
developments, and trends - Reviewing weekly reports submitted by various departments/functional units and
presents timely reports to the FC - Assisting the CFO in financial risk management and control
- Ensuring strict adherence to HSE policies and procedures and comply with safe work methods as required.
- Performing any other duty that may be assigned by Supervisor/ Line Manager
Requirements:
- First Degree in Finance/ Accounting/ Economics
- A post-graduate degree will be an added advantage
- Relevant professional qualifications e.g., Institute of Chartered Accountants of
Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) - A minimum of 10 years of relevant experience with at least 5 years at the
management level. - Experience in finance, accounting, budgeting, and cost control principles.
- Sound knowledge of Generally Accepted Accounting Principles.
- Experience in financial management and ability to diagnose and solve complex
financial problems - Ability to analyse financial data and interpret financial reports, statements, and
projections. - Strong Integrity
- Competency in the use of automated financial accounting and reporting
applications. - Good knowledge of local and international financial regulatory standards.
- Intuitiveness and attention to detail
- Ability to communicate effectively
- Strong analytical and leadership skills.
- High level of integrity and objectivity
- Creates a culture of continuous improvement.
Method of Application
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