Financial Accountant

Fesmos International is a global engineering, maintenance, and procurement company with over 27 years of experience in the oil and gas industry.

Job Summary

• The Financial Accountant will be responsible for end – to – end financial management, including the preparation of accurate financial statements, internal audit functions, cost control, and compliance with regulatory and industry standards.
• The role requires strong analytical ability, excellent understanding of EPC / Oil & Gas financial operations, and the capacity to support and manage the organization in the absence of the MD.
• The Financial Accountant will also provide administrative oversight aligned with general operations responsibilities

Key Responsibilities

Financial Reporting, Strategy & Leadership:

• Develop and implement a comprehensive financial strategy aligned with the company’s operational and expansion goals.
• Provide strategic recommendations to the Managing Director and executive team.
• Lead financial planning, budgeting, and forecasting processes.
• Evaluate investment opportunities, project profitability, and return on capital.
• Prepare timely and accurate monthly, quarterly, and annual financial statements in line with IFRS & local regulatory requirements.
• Maintain the general ledger, ensuring proper classification and reconciliation of accounts.
• Monitor project accounting, including job costing, progress billing,work-in-progress (WIP), and project profitability analysis.

Establishment of Accounting Systems & Processes:

• Design and implement a standardized accounting system tailored to EPC operations.
• Introduce appropriate accounting software (ERP/financial tools) and digital financial workflows.
• Create and document financial policies, standard operating procedures (SOPs), internal controls, and reporting templates.
• Ensure proper record-keeping, cost tracking, contract accounting, and project-based financial management.
• Support management decision-making through financial modelling, variance analysis, and scenario planning.

Financial Operations, Internal Control & Compliance:

• Oversee daily finance and accounting functions across all business units.
• Manage accounts payable, accounts receivable, bank reconciliations, and intercompany transactions.
• Manage relationships with auditors, tax authorities, regulatory bodies, and financial institutions.
• Implement strong internal controls to prevent fraud and financial misstatements.
• Conduct regular internal audit reviews across finance and operational processes to ensure compliance with internal controls.
• Ensure compliance with tax laws, pension regulations, statutory filings, and industry – specific requirements (e.g., DPR / NUPRC financial submissions).
• Liaise with external auditors, tax consultants, and regulatory agencies.

Cash Flow, Treasury & Risk Management:

• Monitor and manage cash flow, working capital, and liquidity needs.
• Oversee payroll, vendor payments, and client invoicing to maintain healthy financial cycles.
• Identify financial risks and develop mitigation strategies.
• Advise on foreign exchange, credit exposure, and funding requirements.
• Manage banking relationships, fund transfers, and liquidity planning.

Project Finance & EPC Cost Control:

• Implement project-based financial monitoring and reporting for all engineering and construction activities.
• Work closely with procurement, operations, and project managers to control project costs.
• Track job costs, material procurement expenses, subcontractor payments, and milestone-based billing.
• Support bidding and tendering processes with accurate cost projections and financial models.
• Review vendor contracts, purchase orders, project budgets, and financial terms to ensure compliance and cost efficiency.

Leadership & Team Development:

• Build and manage the finance and accounting team as the company grows.
• Train staff on standards, procedures, and financial systems.
• Foster a culture of accuracy, accountability, and operational excellence.
• Contribute to policy formulation, business planning, and operational improvement initiatives.

Qualifications & Experience

• Bachelor’s degree in accounting, Finance, Economics, or related field (MBA preferred).
• ACA / ACCA or similar professional certification required.
• Minimum of 5 years progressive financial leadership experience in EPC or oil & gas companies.
• Strong knowledge of Nigerian financial regulations, taxation, and industry standards.
• Experience in setting up financial systems and processes from scratch is essential.
• Proficiency in ERP solutions (e.g., SAGE 300), project accounting tools, and advanced financial modeling.

Key Competencies:

• Strong analytical and strategic-thinking abilities.
• High integrity and commitment to transparency.
• Excellent leadership, communication, and interpersonal skills.
• Ability to thrive in a fast-growing, dynamic operational environment.
• Strong organizational discipline and attention to detail.

Expected Outcomes in the First 12 Months:

• Establishment of a fully functional accounting system and workflow.
• Complete financial SOPs and internal control framework.
• Monthly and quarterly financial reporting structure.
• Enhanced cost-control measures across all EPC projects.
• Improved financial visibility for executive decision – making.

How to Apply

Interested and qualified candidates should send their CVs to: hr@fesmosinternational.com using the job title as the subject of the email.