You are on MyJobMag Nigeria. Go to MyJobMag Nigeria instead.
  • Treasury Specialist at British American Tobacco

  • Posted on: 28 February, 2019 Deadline: Not Specified
  • View Jobs in Manufacturing / Production / FMCG View All Jobs at British American Tobacco
  • Subscribe to free job alerts
  • This job has expired. View current and similar jobs below

  • British American Tobacco is all about freedom of choice - whether it’s our people or our products. Combined with our entrepreneurial spirit, it’s what’s driven our phenomenal success. We started trading tobacco over a hundred years ago. Today, we’re a multibillion dollar company with more than 200 brands in our portfolio. With robust positions in each of our regional markets, our future looks equally bright too.

    Treasury Specialist

     

    Job Number:  16691
    Location: Lagos
    Function: Finance
    Level: Experienced Professional
    Appointment Type: Permanent
     
    Job Purpose

    • British American Tobacco has an exciting opportunity for a Treasury Specialist to join our Finance team in Nigeria.
    • To provide support to treasury operations in the areas of cash flow management, bank relationship and Import and Forex transactions monitoring with a view to improving profitability by assessing periodic liquidity needs, exploring funding sources and investment opportunities.

    Principal Accountabilities
    Business/Operational Results:

    • To contribute to the continuing financial stability of the company by advising the treasury manager on liquidity status in line with counterparty exposure limits across Wes Africa Area.
    • Support in providing appropriate visibility/escalations & reporting on key changes in macroeconomic policies, FX (foreign exchanges) exposures and currency control/restriction policies across the West Africa Area.
    • Support and drive working capital management initiatives to drive efficiency of foreign currency operations that support the sustainability of the factory/commercial operations.
    • Support Treasury Manager at achieving cost of capital and bank charges optimization; as well as managing liquidity / funding requirement to meet dividend & other intercompany remittance objectives.
    • Ensure Treasury policy is strictly adhered to in all business transaction and Treasury decisions to protect Company Interests.
    • Preparation of ad-hoc analysis and evaluations to aid management in making informed decisions.
    • Liaise with banks on efficient and effective international trade financing method that supports delivery of business objectives
    • Execute daily operations activities

    Management Results:

    • Improve accuracy of cash flow forecast to ensure optimized cash flow.
    • Ensure reduction in the current level of trade charges.
    • Prompt charge out of completed LC (letter of credit) transactions from BATN (British American Tobacco Nigeria) and its subsidiary books.
    • Provide good support to the treasury manager to deliver on key business objectives

    Relationships Results:

    • Maintain good interface with other units within the finance department: AP (accounts payable), GL (general ledger), and cash management, marketing finance; for the purpose of achieving good results.
    • Leverage on relationship with company bankers to achieve competitive cost of funding and interest rate optimization for the company.

    Knowledge, skills and Experience

    • The job holder must have a financial background with a minimum of 5 years post qualifying experience supported by a sound commercial awareness preferably in a FMCG company.
    • Professional Accountancy qualification will be an added advantage
    • Good analytical skills, with focus on problem solving
    • Excellent communication skill, verbal and written
    • Excellent spreadsheet and general computer skills including SAP and BPC
    • Ability to work independently and result driven.

    Key Success Factors:

    • Effective liquidity management and forecasts that supports business needs.
    • Providing an effective support to Treasury Manager on day to day operational issues.
    • Implementation and use of financial information and tools in the company to support business analysis, business strategy and decision making
    • Effective working relationship with all relevant stakeholders (internal & external)

    Working Relationship
    Reports on a day to day basis to the treasury manager in British American Tobacco Nigeria:

    • External: external auditors; banks and institutions
    • Internal: peers; internal audit; all functions employees

    Method of Application

    Interested and qualified? Go to British American Tobacco career website on careers.bat.com to apply

  • Know More About British American TobaccoSimilar Jobs
  • Subscribe to free job alerts
  • Field Finance Officer at Malaria Consortium
  • Finance Officer at Malaria Consortium
  • Accounts and Logistics Officer at Ascentech Services Limited
  • Chartered Accountant at Stresert Services Limited
  • Internal Control & Compliance Analyst at Nigerian Stock Exchange
  • Country Finance Coordinator at INTERSOS
  • Finance Officer (Maternity Cover) at Oxfam
  • National Project Officer - Finance Officer at UNODC - The United Nations Office on Drugs and Crime
  • Filter Jobs
  • State | Search by region instead
    Field

    Industry

    Education

    Experience


    Also include jobs without defined experience

    Job Title

Display your company or industry jobs on your website or blog Get Started
 
 
Send your application through

Yahoomail Gmail Hotmail