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]