Job Title: Manager – Banking and Cash Management, Finance
Location: Ikoyi, Lagos
Job Type: Full time
Reports To: General Manager – Treasury
Division: Finance
Mission
- To manage MTNN banking relationships, cash management and short-term investments and maximize financial returns on MTNN assets and mitigate financial risk.
Description
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- Support the development and maintenance of systems projects to manage and improve cash flow and banking information
- Prepare board paper and memoranda as it relates to banking and other related projects.
- Develop and obtain approvals for implementing appropriate policies and procedures.
- Manage Cash or Liquidity:
- Control cash exposure for bank accounts; inclusive of setting appropriate risk ratings and levels.
- Direct payments via appropriate bank account channels.
- Ensure cash availability in banks meet MTNN’s operational needs.
- Monitor inter-bank transfers, cash sweeps and other transfers.
- Articulate a broad based knowledge of the basics of the different company functions, cause and effect across these functions in terms of financial and treasury decisions taken
- Take appropriate managerial action to ensure targets are met or exceeded when routinely monitored (sales, trend, and profitability analysis, profit margins, return on investment (ROI), market share and value).
- Manage MTNN short term local and offshore investment placements applying ‘SLY’ principle for MTNN and its subsidiaries.
- Ensure that MTNN optimizes its returns based on agreed Weighted Average returns on Maturity.
- Manage liquidity and concentration risk across MTNN banks.
- Mitigate MTNN exposure to financial institution.
- Advise and provide internal consulting service to General Manager Treasury and other parties within Finance.
- Review performance of individual team members and complete appraisals in accordance with the employee performance appraisal procedures and time schedules.
Requirements
Education:
- First Degree in Accounting, Economics, or any other Finance related discipline.
- A professional Finance or Accounting qualification (ICAN, ACCA, CPA, CIMA,).
- A post graduate degree is an added advantageous.
- Fluent in English.
Experience:
6 – 13 years’ experience which includes:
- Minimum of 3 years’ experience in an area of specialization; with experience in supervising/managing others.
- Experience working in a medium to large organization.
- Experience in a treasury function in a reputable organization in the financial services sector or multinational corporate treasury experience.
- Experience in international trade finance, foreign exchange activities and cash management.
- Extensive bank reconciliation experience.
- Cash, interest rate, foreign exchange and derivative market experience.
Apply Now
Deadline: April 13, 2023
Job Features
Job Category | Banking / Insurance |