Financial Controller at Petrogap Oil and Gas Limited

Petrogap Oil and Gas Limited was incorporated as a response to the emerging trends in the dynamic Oil & Gas industry. We are a wholly indigenous company and registered player in the Upstream, Midstream and Downstream sectors of the Oil & Gas industry.

We are recruiting to fill the position below:

Job Title: Financial Controller

Location: Lagos
Employment Type: Full-time

Core Responsibilities

  • Maintain stewardship for financial assets and debt, including being in charge of cash management, debt management and investment management functions of the organization and its affiliated entities.
  • Develop and implement daily, monthly, and quarterly cash forecasting models.
  • Present financial forecasts based on actual spending and the organization’s financial position.
  • Monitor the financial investments and record capital growth
  • Advise on the organization’s reserves and investment policy
  • Research and recommend financing alternatives, analyze options, and provide recommendations to the Management.
  • Structuring debt arrangements with lenders, Managing corporate investments, and Monitoring cash flow.
  • Maintain corporate liquidity and financial stability.


  • Liaise with Tax Authorities, Auditors, and other Regulatory bodies as regards the preparation and filing of the Audited Financials and other Tax related matters.
  • Ensuring prompt remittance and various statutory deductions i.e. VAT, PAYE, CIT, Pension Fund, etc.
  • Financial Accounting
  • Preparing Financial statements in line with the IFRS standards.
  • Prepare the monthly Management accounts
  • Responsible for Asset and Liability Management, including a monthly report of the Asset Register.
  • Preparing and Maintaining balance sheet schedules, ledgers, profit and loss statements, monthly and yearly financial statements, and other reports
  • Carrying out monthly bank account closing and analysis.
  • Carry out bank reconciliation analysis and account audit
  • Liaise with Bank on Transaction rates and Foreign Translation rates.
  • Payroll administration and preparation of monthly sales reports for analysis.
  • Developing and consolidating the departmental and organization’s budget.
  • Periodic audit of departmental processes.
  • Monitoring compliance in line with accepted accounting principles and company procedures.
  • Developing, maintaining, and implementing financial internal controls, policies, and procedures.

Requirements and Skills

  • Knowledge of capital markets, accounting, and business finance
  • Strong experience/knowledge in Financial Reporting, Treasury, and IFRS is required.
  • Strong financial acumen and analytical skills.
  • Business acumen with a problem-solving attitude.
  • Detailed knowledge of accounting principles and practices.
  • Statutory regulations (IFRS).
  • Understanding of taxation commercial law.
  • Broad understanding of global & regional economics.
  • Knowledge of financial principles
  • Proficient in Excel and Microsoft Suites Good negotiation skills, Innovative, Leadership, Planning, Interpersonal skills, and Communication skills
  • Ability to work under pressure and Attention to detail.
  • Candidates should have 2 years+ of management experience.

Deadline: 25th September, 2023.

How to Apply
Interested and qualified candidates should send their CV to: using the Job Title as the subject of the mail.


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