Oando Plc, a leading integrated energy solutions provider in Nigeria is currently recruiting to fill the vacant position of Head, Corporate Finance.
You will learn more about the job requirements, responsibilities, and method of application for Head, Corporate Finance at Oando Plc in this post.
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Summary of Head Corporate Finance at Oando Plc
| Company | Oando Plc |
| Category | Job |
| Employment Type | Full time |
| Job location | Africa, Nigeria, Amadi Base |
| Reports directly to: | Group Chief Financial Officer (GCFO) |
| Supervises: | Corporate Finance Manager |
About Oando Plc
In 1956, Oando Plc was established as a petroleum marketing corporation. The company has expanded its operations and evolved over the years to become one of the top energy companies in Nigeria.
Business Operations
Oando Plc is engaged in a variety of sectors within the oil and gas industry, such as:
Downstream: The organization is engaged in the marketing and distribution of petroleum products, including aviation fuel, diesel, and gasoline.
Midstream: Oando Plc manages a network of storage facilities and pipelines for petroleum products.
Upstream: The organization maintains investments in the exploration and production of oil and gas operations in Nigeria and abroad.
In 2024, Oando made a significant acquisition of the Nigerian Agip Oil Company (NAOC) from Eni, expanding its E&P portfolio.
Oando is considered one of the largest integrated energy companies in Nigeria.
Role & Responsibilities of Head, Corporate Finance at Oando Plc
Strategy Development
- Create, update, and assist the implementation of a short to medium financing strategy document that supports the company’s business plan and strategy.
- Collaborate with the CEOs of the Entities to develop key performance indicators (KPIs) and financial metrics for the Group (+ Divisional) strategy, which may be incorporated into a comprehensive financial model.
- Create systems and control processes that enable for the regular examination, monitoring, and assessment of the extent to which the Company is carrying out its stated financial and operational strategy.
- Provide financial information and suggestions to the executive team and board of directors to help them make strategic decisions.
- Manage your relationships with investors, financial institutions, and other important stakeholders.
- Collaborate with the GCFO to lead fundraising initiatives such as IPOs, private placements, and other capital-raising activities.
- Oversee the company’s capital structure and funding needs, which include stock, debt, and other financing possibilities.
- Oversee budgeting, forecasting, and financial modeling to assure the company’s financial health and viability.
- Analyze market trends, competition activity, and economic data to identify risks and opportunities.
- Collaborate with the Risk department, Investor Relations department, and other key stakeholders to identify, assess, and manage financial risks that threaten the company’s assets and reputation.
- Work with the GCFO and other relevant stakeholders to manage and support the execution of all project finance, capital raising, and corporate finance projects within the Group.
Fund-raising, Capital Allocation and Financing
- Create and define a Group/Divisional capital allocation policy that strictly adheres to balance sheet management.
- Collaborate closely with Entity finance departments to improve balance sheet management at the entity level.
- Create a calendar with major financial reporting dates and monitor the process to ensure that the Group / Division meets the required reporting timelines and criteria.
- Collaborate closely with the GCFO to lead, monitor, and review the execution of any capital funding transactions assessed or conducted by the Group.
Job Specification
- A bachelor’s degree in economics, finance, accounting, or a similar discipline from a reputable institution is required; an MSc/MBA degree is preferred.
- CFA qualification is necessary; further professional certifications like as ACA and ACCA will be an added advantage.
- Minimum 15 years of relevant professional experience in corporate finance, investment banking, private equity, financial planning, and analysis, with at least 5 years in a senior position.
- Recent experience in the upstream oil and gas business is necessary.
- Work experience at an investment bank will be preferred.
- Successful track record of managing complex financial transactions such as mergers and acquisitions, capital raising, and debt restructuring.
- Excellent analytical, problem-solving, and decision-making abilities.
- Excellent communication and interpersonal skills, as well as the ability to influence and foster relationships at all levels.
- Expertise in financial modeling, ERP systems, and excellent Excel abilities.
- Strong leadership and management experience.
- For modeling, it is necessary to have a thorough grasp of the Upstream Energy industry, including corporate strategy and operations, processes, revenue and cost components, and drivers of profitability and return on investment measurements.
- Excellent interpersonal and communication abilities.
- Prepared for frequent domestic and international travel.
- Must be able to multitask and work well with people from a diverse range of backgrounds.
- Personable team player, capable of gaining the confidence and trust of both colleagues.
Core Competencies
Strategic Thinking
Leadership and Team Management
Financial Acumen
Risk Assessment and Mitigation
Negotiation and Relationship Management
Regulatory Compliance Awareness
Method of Application for Head, Corporate Finance at Oando Plc
Candidates who are eligible should click on the application link below to start their application process.