Finance Manager at WTS Energy

WTS Energy provides recruitment and manpower services for the global oil and gas and energy industries. We supply engineers and consultants to our clients' projects and operations, and perform employment outsourcing services such as workforce management in oil and gas regions around the world. WTS Energy operates globally with offices in 14 countries and is operational in over 50 countries.We are recruiting to fill the position below:Job Title: Finance ManagerJob Number: WTSOA24176Location: Lagos, NigeriaType of Employment: Permanent Basic FunctionThe function of the finance manager position has responsibilities that include support of the management of the companies’ activities.These activities have a focus on payroll contracts for our clients.The finance manager engages in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance.Principal AccountabilitiesOversee all aspects of finance and accounting functions of the APAC region, including forecasting, budget preparation, statutory reporting, etc.Build, lead and supervise the finance team in daily operations.Maintain a documented system of accounting policies and proceduresForecast cash flow positions, related borrowing needs.Ensure that sufficient funds are available to meet ongoing operational and capital investment requirementsMaintains payroll information by designing systems; directing the collection, calculation, and entering of data.Determines payroll liabilities by approving the calculation of employee federal and state income and social security taxes, and employer's social security, unemployment, and workers compensation payments.Complies with federal, state, and local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positionsMaintain banking relationshipsAssist in determining the company's proper capital structureManage the preparation of the company's budgetReport to management on variances from the established budget, and the reasons for those variancesAssist management in the formulation of its overall strategic directionEngage in ongoing cost reduction analyses in all areas of the companyEngage in benchmarking studies to establish areas of potential operational improvementInterpret the company's financial results to management and recommend improvement activities 

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