Management Accountant at Subsea 7

Subsea 7 is a world-leading seabed-to-surface engineering, construction and services contractor to the offshore energy industry. We provide cost-effective technical solutions to enable the delivery of complex projects in all water depths and challenging environments.

We are recruiting to fill the position below:

Job Position: Management Accountant
Vacancy ref: 58598
Job Location: Lagos
Reporting To: Accounting Manager
Business Area: Surf and Conventional
Working hours: 40 hours per week
Contract type: Staff

Overview of Role


  • The Management Accountant reports to the Accounting Manager. He/she is vested with the responsibility to assist the Manager/Department in the discharge of his day to day tasks.
  • This role shall be executed within the utmost respect of Company’s procedures, Code of Business Conduct and Core Values. All personnel are expected to contribute to creating a positive HSEQ culture within Subsea 7 and ensure familiarity with and adherence to local HSEQ codes and practices.

Specific Key Responsibilities & Activities
Management Reporting:

  • Organize, run and monitor the closing process monthly, quarterly and annually, including the collating of any required accounts
  • Manage the regular reporting and management information requirements of the designated area of responsibility
  • Preparation of monthly variance analysis and explanations of variances between actual results to budget to date and to full year forecasts
  • Produce analyses of various performance indicators required by internal management and shareholders
  • Provides input to budget and accountable for controlling costs

Accounts Payable:

  • Supervises the Account Payables Cycle
  • Follow-up with Vendors on day to day issues
  • Liaise with SCM and Projects on Vendors related matters,
  • Reconcile vendors account and GR/IR account,
  • Ensures all payments are properly approved and supported by appropriate documentary evidence

Taxation:

  • Liaise with Relevant Tax Authorities on day to day operations,
  • Ensure consistent compliance with local tax filing requirements
  • Prepare the documentation needed during various monitoring exercise
  • Participate to the preparation of the tax returns (including corporate income tax, VAT…)
  • Work closely with Finance/Accounting teams on matters impacting tax
  • Keep up to date with tax issues and changes in Nigeria
  • Work on tax audits (preparation of the documentation requested by tax authorities, liaise with corporate tax team and external advisors, reconciliation…)
  • Participate to the preparation of the tax reporting

Authority/ Dimensions:

  • Operate within the Code of Conduct
  • Operate according to Subsea 7’s Management Principles
  • Support standards and procedures for the Finance Function

Key Relationships/ Stakeholders
External:

  • External Auditors
  • Tax advisors
  • Regulatory & Tax Authorities

Internal:

  • Project Team (Cost Control, contract…)
  • Treasury Team
  • General Accounts
  • Global Finance

Person Specification

  • A University Graduate (B.Sc) or HND Graduate in Accounting/Finance with a minimum of 8 years’ cognate experience,
  • Chartered Accountant with management experience,
  • Highly motivated and ability to work under pressure,
  • Excellent verbal and written communication skills,
  • Pro-active and positive to changes and challenges,
  • Strong organization, analytical, and project management skills,
  • Ability to approach problems from a commercial perspective,
  • Enjoy building relationships in a team oriented environment,
  • Experienced multitasker, with a focus on effective prioritisation,
  • Ability to utilize knowledge and previous experience to contribute and assist in meeting the Group’s objectives,
  • Good command of Pack office / SAP,
  • Upholds Subsea 7’s core values and reputation both internally and externally: Safety, Integrity, Innovation, Performance and Collaboration.