FINANCE AND ACCOUNTS MANAGER - RISQSERVE AFRICA PROJECTS LIMITED - Plot 113 by 21 Road B close, Federal Housing Estate. Opposite Trans-Amadi Gardens Estate, Off Peter Odili Road, Port Har
(2025-01)
Risqserve Africa Projects Limited is an indigenous engineering and offshore oil & gas services company providing Inspection, Maintenance & Repair (IMR), marine operations, offshore logistics, asset integrity management, procurement, and project execution services for major oil and gas operators.
- Provide strategic financial leadership and oversee the overall finance and accounting function of the company, ensuring alignment between financial objectives and corporate business strategy.
- Lead the preparation of monthly, quarterly, and annual financial statements in compliance with International Financial Reporting Standards (IFRS) and applicable regulatory requirements.
- Direct the preparation of annual budgets, financial forecasts, rolling cash flow projections, and business performance reports to support executive decision-making.
- Manage treasury operations by monitoring liquidity, optimizing working capital, and ensuring adequate funding for operational and capital project requirements.
- Develop and implement financial policies, internal controls, and governance frameworks that strengthen accountability, mitigate financial risks, and improve operational efficiency.
- Coordinate statutory audits, tax audits, and regulatory reviews while ensuring timely resolution of audit observations and compliance matters.
- Oversee project accounting for major offshore engineering and marine projects, ensuring accurate cost allocation, revenue recognition, and profitability analysis.
- Manage banking relationships, negotiate financing arrangements, coordinate loan facilities, and oversee banking documentation for project financing and corporate funding.
- Supervise the finance and accounts team, providing leadership, mentoring, performance management, and continuous professional development.
- Collaborate with executive management on strategic planning, investment decisions, pricing strategies, and financial risk management initiatives.
- Successfully led the implementation and optimization of Sage ERP, significantly improving transaction processing efficiency, reporting accuracy, and financial information availability.
- Coordinated statutory tax audit activities, ensuring compliance with applicable tax regulations and strengthening the organization's regulatory standing.
- Improved cash flow planning and treasury management processes, enabling better utilization of available funds and supporting uninterrupted project execution.
- Strengthened relationships with financial institutions, supporting efficient banking operations, project financing, and treasury management.
- Enhanced management reporting by introducing more timely and insightful financial performance reports that improved executive decision-making.
- Improved financial governance through stronger internal controls, standardized financial procedures, and enhanced compliance monitoring.
- Supported executive management in evaluating major project financing decisions, contract profitability, and investment opportunities across multiple offshore projects.
FINANCE AND ACCOUNTS MANAGER - MEGASTAR TECHNICAL AND CONSTRUCTION LIMITED - 100 East/West Road, Rumuokoro, Port Harcourt, Rivers State
(2023-10 - 2024-12)
Megastar Technical & Construction Company Limited is an engineering and construction company specializing in industrial, civil, mechanical, and infrastructure projects for the oil & gas and construction industries.
- Directed all finance and accounting operations, ensuring accurate financial reporting, effective budgeting, and compliance with statutory and regulatory requirements.
- Prepared annual budgets, project budgets, financial forecasts, and profitability analyses to support management planning and project execution.
- Managed company cash flow by monitoring project receipts, supplier payments, subcontractor obligations, and operational funding requirements.
- Established effective cost control procedures to monitor project expenditures, minimize budget overruns, and improve overall project profitability.
- Oversaw the preparation of monthly management accounts, financial statements, and executive financial reports for senior management.
- Coordinated external audits and ensured that accounting records, schedules, and supporting documentation were maintained to professional standards.
- Supervised payroll administration, accounts payable, accounts receivable, fixed assets, and general ledger activities.
- Worked closely with Quantity Surveyors, Procurement, Operations, and Project Management teams to strengthen financial planning and project cost monitoring.
- Developed financial policies and operating procedures that enhanced internal controls and improved departmental efficiency.
- Designed and implemented a comprehensive Fixed Asset Management Policy aligned with IFRS and organizational policies, significantly strengthening asset accountability and reporting.
- Eliminated an entire year's accounting backlog within two months, restoring the integrity of financial records and enabling timely external audit completion.
- Successfully restructured the Finance & Accounts Department by introducing improved financial processes, reporting structures, and operational controls.
- Enhanced project cost management by implementing stronger budget monitoring and expenditure control processes that improved financial discipline across projects.
- Improved the quality and timeliness of financial reporting, enabling management to make more informed strategic and operational decisions.
- Introduced process improvements that reduced manual inefficiencies and strengthened financial control across multiple business functions.
- Played a key role in ensuring compliance with accounting standards, tax regulations, and corporate governance requirements while supporting business growth initiatives.
FINANCIAL/MANAGEMENT ACCOUNTANT - EQUITY PETROLEUM SERVICES NIGERIA LIMITED - Plot 39, Trans-Amadi Industrial Layout, Port Harcourt, River State/72A, Surulere Way, Dolphin Estate, Ikoyi, Lagos
(2020-12 - 2023-09)
Equity Petroleum Services Nigeria Limited is an indigenous oil and gas servicing company providing engineering, logistics, procurement, marine support, and technical solutions to upstream and downstream operators.
- Managed the preparation of monthly management accounts, statutory financial reports, and financial performance analyses for executive management.
- Coordinated treasury activities, including bank reconciliations, cash management, payment processing, and working capital monitoring.
- Supervised Accounts Payable, Accounts Receivable, payroll review, inventory accounting, and fixed asset management.
- Prepared monthly and annual tax schedules for VAT, Withholding Tax, PAYE, Companies Income Tax, and other statutory obligations.
- Coordinated annual financial audits and responded to audit queries from external auditors, tax authorities, and regulatory agencies.
- Prepared project job costing and financial evaluations to support project profitability and investment decisions.
- Evaluated capital expenditure proposals and prepared financial analyses to guide management investment decisions.
- Led inventory management activities, including monthly and periodic stock counts across operational locations.
- Provided financial advice and support to operational departments, enhancing cross-functional collaboration and financial discipline.
- Acted as Head of Finance during management absences, ensuring uninterrupted finance operations.
- Successfully reconciled historical banking transactions within the Sage ERP system, restoring the integrity and reliability of financial records.
- Cleared long-standing Accounts Payable and Accounts Receivable backlogs, significantly improving financial reporting accuracy.
- Identified historical supplier overpayments during ledger reviews and supported management in recovering substantial excess payments.
- Redesigned the company's asset management process, strengthening accountability and contributing to the recovery of company assets.
- Introduced real-time transaction processing, eliminating accounting backlogs and significantly improving reporting timeliness.
- Improved management reporting by delivering accurate financial information to support operational and strategic decision-making.
- Strengthened tax compliance by ensuring timely preparation and submission of statutory tax returns.
HEAD, ACCOUNTS AND ADMINISTRATION - SOBAZ NIGERIA LIMITED (MARINE DIVISION) - Abuloma Waterfront, Port Harcourt, Rivers State
(2018-10 - 2020-04)
- Directed finance and administrative operations, ensuring effective financial management and operational efficiency.
- Prepared monthly management accounts, annual financial statements, and executive financial reports.
- Managed payroll administration, taxation, budgeting, banking relationships, and treasury operations.
- Coordinated internal audit activities and strengthened financial control systems.
- Ensured compliance with IFRS, tax regulations, and statutory reporting requirements.
- Supervised finance and administrative personnel while promoting accountability and operational excellence.
- Led an inter-company financial audit that facilitated the recovery of over ₦300 million belonging to a subsidiary company.
- Implemented internal control systems that significantly reduced operational risks and strengthened financial governance.
- Successfully resolved over three years of outstanding tax issues with the Federal Inland Revenue Service (FIRS), leading to the issuance of Tax Clearance Certificates.
- Improved financial reporting processes and enhanced the reliability of management information used for strategic decision-making.
- Strengthened asset management procedures and financial accountability across business operations.
ASSISTANT HEAD, ACCOUNTS AND ADMINISTRATION - POLYUNWANA MICROFINANCE BANK LTD. - Akanu Ibiam Fed. Polytechnic, Unwana, Afikpo, Ebonyi State
(2016-08 - 2018-09)
- Assisted in managing the daily operations of the Finance and Administration Department.
- Maintained accurate accounting records and prepared periodic financial reports.
- Coordinated regulatory reporting to the Central Bank of Nigeria (CBN) and relevant government agencies.
- Prepared monthly PAYE schedules and ensured timely statutory remittances.
- Supported financial compliance, budgeting, and administrative activities.
- Assisted departmental leadership in strengthening operational processes and internal controls.
- Improved the accuracy and timeliness of regulatory reporting to the Central Bank of Nigeria.
- Enhanced departmental efficiency through better financial record management and reporting processes.
- Contributed to improved tax compliance through timely preparation and submission of statutory obligations.
- Supported finance process improvements that enhanced departmental productivity.
