Summary:
The role is responsible for overseeing accounting, budgeting, treasury, compliance, and financial reporting activities. This position plays a critical role in ensuring adherence to both Angolan regulations and corporate financial standards, while supporting the business with timely and strategic financial insights.
Key Responsibilities:General Accounting and Reporting
- Oversee the general ledger, journal entries, payments, and receipts to ensure accurate and timely financial recording.
- Lead the month-end and year-end closing process, ensuring the timely delivery of income statements, balance sheets, and cash flow reports.
- Maintain and update the statutory asset register, ensuring correct depreciation charges and accurate asset tracking.
- Ensure compliance with Angolan and corporate financial standards, statutory regulations, and tax laws.
- Approve standard journal entries and maintain invoice registers.
- Perform variance analysis and reporting in support of financial statements.
- Review and verify reconciliation of amounts payable or receivable to vendors, staff, crew, and statutory bodies.
- Oversee the accuracy and timeliness of tax filings, including withholding and income taxes.
Budgeting and Forecasting
- Coordinate the annual budgeting process in collaboration with the Country Manager and relevant departments.
- Conduct cost analysis and advise management on budget adherence and cost overruns.
- Provide strategic advice on cost management supported by relevant financial metrics.
Treasury and Fixed Asset Management
- Manage daily cash flow operations and compute the monthly Debt Cover Ratio.
- Liaise with banking institutions for Letters of Credit and Bank Guarantees, and escalate issues to HQ as needed.
- Ensure proper capitalisation and depreciation of fixed assets.
- Maintain an accurate and up-to-date fixed asset register.
Statutory Compliance
- Ensure all statutory reporting and financial filings required by local authorities are completed accurately and on time.
- Prepare documentation for annual changes in bank signatories.
- Liaise with external auditors during statutory audits and ensure readiness of audit documentation.
Quality Management and Internal Controls
- Identify areas for financial process improvement and recommend system enhancements.
- Support implementation of revised procedures to improve cost tracking and reporting accuracy.
Staff Supervision and Stakeholder Engagement
- Supervise and support the development of local finance team members.
- Conduct quarterly reviews of vendor spending and collaborate with HQ operations and management teams.
- Analyse crew cost trends and work with the Fleet HR team to provide financial insights supporting chartering decisions.
Requirements:
- Bachelor’s Degree in Finance, Accounting, or related discipline. Professional certification (ACCA, CPA, or equivalent) is preferred.
- Minimum of 10 years’ experience in financial management, with exposure to multinational environments or the oil and gas sector.
- Strong knowledge of Angolan statutory accounting requirements and international financial standards.
- Proven ability to manage complex financial processes, budgeting, and cost control initiatives.
- Strong communication and interpersonal skills; capable of working effectively across cross-functional teams and cultural contexts.
- High attention to detail, with strong analytical and problem-solving abilities.
- Proficient in SAP and other automated financial systems.
Language Requirement:
Fluency in English is essential. Knowledge of Portuguese is an advantage.
Other Requirements:
- Willingness to be based in Angola. Prior expatriate or cross-border financial leadership experience is highly preferred.