Treasury Officer

Job Title	Treasury Officer
Department/Unit	Treasury
Job Summary & Purpose	The job holder is responsible for cash/ bank relationship management and liquidity management.
Location	Head Office
Organisational Relationships:	Reports to whom	Direct reports from:		Internal relationships		External relationships
Group Treasurer	N/A		· Internal Auditors · Finance · All Business Units and Departments		· Financial Institutions · Auditors
Responsibilities:	· Manages the liquidity of the organization and ensures that cash is readily available to meet the financial obligations on a need basis. · Managing bank accounts, cash flow monitoring, planning, pooling and netting · Procurement of finance for working capital or tied to specific projects · Maintaining Relationship with rating agencies · Foreign exchange risk management · Analysing the impact of financial markets on the performance of the company’s financial assets and liabilities · Facilitates prompt cash, cheque or direct debit payments to suppliers, vendors and other creditors. · Facilitates the availability of funds to meet day-to-day operational petty cash expenses and emergencies. · Maintains records of cash requests and disbursements for each Unit · Manages the petty cash register as well as spreadsheets to allow for reconciliation of accounts. · Disburses cash to approved petty cash requisitions, · Processes expense retirement ledgers to ensure proper accountability of all cash advances to staff · Processes basic recurring expense registers. · Keeps up-to-date with the industry’s current tax practices and policies. · Liaises with Financial Accountant to facilitate the prompt and accurate remittance of tax liability in compliance with requirements of tax regulatory authorities. · Prepares periodic reports for submission to the Group Treasurer.
Person Specifications	Academic Qualification		Professional Qualification			Experience
· Degree in Finance, Accounting, Business Administration or related field		· Relevant Qualification in Finance and Accounts e.g. Institute of Chartered Accountants of Nigeria (ICAN)			· 5 years experience in the corporate Treasury management function of a similar organization.
Key Skills and competencies	· Good skills in variance and cost analysis. · Proficiency in the use of relevant computer applications for financial reporting. · Good knowledge of financial policies and procedures · Good knowledge of accounting systems and practices. · Proficiency in the use of financial spreadsheet applications. · Ability to work within tight schedules and timelines. · Well-developed collaboration and communication skills. . · Ability to work effectively in a team. · Ability to meet deadlines and manage multiple tasks. · Good negotiation skills. · Interpersonal and people management skills. · Intuitiveness and attention to detail.
Physical Exertion on the job	N/A
Key Performance Metrics:	Performance Area				Performance Indicators
· Bank accounts mgt				· Daily monitoring of bank account · Minimizing idle balances · Sweep of daily balances to an investment account
· Financial reporting				· Timeliness of report delivery · Completeness and accuracy of reports
· Record keeping				· Availability of records when required · Completeness and accuracy of records
cash management.				· Availability of petty cash · Timeliness of attending to requisitions · Frequency of errors in data entry.
Email CV to: [email protected]