Treasury Officer at Egbin Power Plc

Key Duties and Responsibilities

• Ensures adherence to processes and frameworks for managing liquidity and risk.
• Ensures the preparation of cash forecasts and manages cash flows/cycles ensuring the availability of adequate funds to meet daily operational requirements.
• Ensure the validation of all supplier and vendor payments and ensure that all payment requests are supported with valid supporting documents in line with the organization’s financial policies.
• Oversee the disbursement of cash ensuring compliance with defined policies and procedures.
• Prompt processing of staff cash advances and monitoring of same for prompt retirement.
• Assist in all foreign exchange dealings for Egbin Power plc.
• Cultivate and manage relationships with key bankers and investors.
• Participate/ provide inputs in the review of Egbin’s bankers ensuring compliance with Service Level Agreements (SLAs).
• Ensure the preparation and rendition of tax returns and retention of all relevant tax records
• Ensure accurate computation and accounting for taxes to ensure prompt settlement of liabilities 
• Compute accurately and file all federal, state, local, sales, and other tax returns including relevant reports to ensure compliance with all tax laws and regulations 
• Ensures the tax payments at designated banks and obtain necessary receipts and other documents required for tax filing.
• Extract and collate relevant supports and proof of remittances for tax audits and investigation. 
• Assist with all tax-related research and interpretation of tax legislation and provisions 
• Keep abreast of macroeconomic policy changes and updates and advise the Head of treasury, on the implications for the business.
• Prepare periodic reports for the attention of the Head, the Treasury
• Perform any other duties as assigned.

Key Requirements

Education and Work Experience

• A Bachelor’s degree or its equivalent in Accounting, Finance or a related discipline.
• Professional accounting/ finance certification, (e.g. ACA, ACCA, CIMA, CFA, etc.) 
• Minimum of (2) years relevant experience 

Skills and Competencies

• Fair understanding of trends, challenges, opportunities, regulations and legislations relating to the power industry.
• In-depth knowledge of trends and developments in global accounting and finance practice.
• Advanced financial and accounting knowledge, including an understanding of finance best practices and IFRS/ international accounting and financial reporting standards.
• Ability to develop sound business acumen – financial and commercial knowledge.
• Fair understanding of foreign exchange operations and associated regulations.
• Familiarity with an Accounting package.
• Good communication and interpersonal skills.
• Good people management skills, including the ability to manage multiple/ complex teams effectively.
• Good analytical, attention to detail and problem-solving skills.
• High ethical standards and integrity.