MRS Oil Nigeria Plc, has announced the appointment of Mr. Andrew Gbodume as its Managing Director following the resignation of Mr. Paul Bissohong.
In a letter to the Nigerian Stock Exchange (NSE), MRS Oil notified the exchange on the Board changes in the company effective from January 1, 2016.
Short Profile of Andrew Gbodume
Mr. Gbodume, holds a Masters degree from Ahmadu Bello University, Zaria. He is a fellow of the institute of chartered Accountants of Nigeria and an associate member, Nigerian Institute of Management as well as Nigerian Institute of Taxation.
He is a financial and economic consultant with many years of experience. Prior to joining MRS Oil Nigeria PLC, his experience cuts across finance, audit ,insurance and banking.
He had a stint with African International Bank (AIB) where he rose to the position of an assistant General manager, Financial control and Management, a position he held for over 5 years. He joined MRS Oil and Gas Co. Ltd as Assistant General Manager, Finance and Corporate Planning in 2007.a year after, the position was re-designated as Deputy General Manager. Also in 2008, he was elevated to the position of Director, Special duties.
As a result of his excellent performance, he was appointed Ag. Managing Director MRS Investment Co. Ltd in July 2010, before his secondment to MRS Oil Nig Plc. He was appointed Executive Director Finance & admin on May 12, 2011.
These were His duties as Executive Director (Finance & Admin) at MRS Oil Nig. Plc
PRIMARY ACCOUNTABILITIES & RESPONSIBILITIES:
Create, coordinate, and evaluate the financial policies, programs and supporting information systems of the company to include budgeting, corporate and tax planning, and procurement
Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems.
Establish and implement short- and long-range divisional goals, objectives, policies, and operating procedures.
Approve and coordinate changes and improvements in automated financial and management information systems for the company.
Develop and/or ensure compliance with local, state, and federal finance, accounting, and auditing procedures and requirements
Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass salary updates, ledger, and account maintenance and data entry.
Coordinate the preparation of financial statements, financial reports, special analyses, and information reports.
Establish and maintain appropriate internal control safeguards.
Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.
Analyze and advise on cash flow, cost controls, and expenses
Agreeing pricing terms and conditions with financial institutions, opening of LC’s (Trade Financing) and renegotiating acquisition debt of $600m with a consortium of banks
Other related duties as may be assigned by the Managing Director or incidental to the above
Creation of chart of accounts, implementation of SAP across all regions across West Africa – Nigeria, Togo, Benin Republic, Cameroun & Geneva
