JOB TITLE: Group Head – Treasury & Investment Management
JOB LOCATION: Jakande, Lekki, Lagos
Employment Type: Full-time
JOB DETAILS:
- To ensure availability and adequacy of funds to finance the Group’s operations, as well as the effective management and accounting for Group funds.
- Advises management and provides inputs on the funding and cash-flow implications of the Corporate strategy, goals and plans
- Analyses the Group’s need for cash to ensure that adequate funds are available to meet day-to-day operational petty cash expenses and emergencies.
- Manages bank balances, interest income and expenses
- Enforces policies and procedures to ensure that the company’s liabilities are minimized and payments promptly settled in line with agreed terms
- Facilitates prompt payments to Group’s vendors and other creditors by ensuring availability of funds
- Builds and maintains relevant banking relationships to ensure availability of funds, secure favorable banking terms and rates and proper management of the Group’s accounts
- Monitors and reporting on the prices and rates available on banking products and services (investments, currencies etc.) and making them available as required.
- Manages the treasury impress account and maintaining records to allow easy disbursement, reconciliation and replenishment.
- Monitors and reporting on cash surpluses and deficits.
- Reviews bank statements daily to ascertain correctness of charges, commissions and posted transactions.
- Processes updates to bank accounts mandates and processes new account opening forms.
- Executes accepted bank facility offer by collating required documents for submission to the banks.
- Manages Letters of Credit processing, correspondences and reporting (as well as other credit facilities)
- Follows up with bank to resolve any issues experienced in accessing banking facilities.
- Oversees the preparation of monthly bank reconciliation statement and other assigned reports e.g. cash flow reports etc.
- Advises management on investment decisions
Qualifications
Advertisements
- Minimum of a First Degree in Accounting, Finance, Economics or any related discipline
- Minimum of 8 years relevant experience, 3 of which must have been in a Management position of an organisation, interfacing with the Executive team and Financial partners
- Relevant professional certifications e.g. Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent
- Experience in similar role, banking and knowledge of statutory financial reporting and knowledge of GAAP, IFRS
Desirable:
- MBA or Master’s Degree in a related discipline
Remuneration
Pay is Competitive.
Application Closing Date
Not Specified.
Apply Now
Job Features
Job Category | Investment Officer |