Senior Manager, Treasury & Financial Risk Management at Abuja Electricity Distribution Company (AEDC Plc)

Role Purpose Statement

• Render Support To The General Manager, Treasury & Financial Risk Management on treasury matters.

Major Roles / Responsibilities

• Render sound financial advice to the company on treasury related matters.
• Critically analyse revenue reports, review bank cashbooks and proffer advanced bank reconciliation methods with high level of professionalism.
• Carry out data collation and ensuring data integrity as required for developing tactical and operational plan.
• Provide support to Senior team members on special projects assisting with data inputs and analysis and inputs necessary for the investment analysis efforts.
• Work on ad-hoc projects/analyses as required from time to time.
• Responsible for implementing KPI reporting standards and systems across core business functions at the Business units.
• Maintain professional relationship with bank on an advanced level with the aim of making best banking decisions.
• Professionally negotiate and recommend means of bridging liquidity gaps.
• Give professional advice to the company on insurance matters.
• Prepare and maintain insurance policy for the company.
• Analyses insurance needs and secures optimum coverage for the organization.
• Identify and analyse risks associated with policies.
• Ensure crystallised insurance claims are processed timely.
• Act as the company’s liaison to the company’s insurers/assurers.
• Maintain a financial risk register.
• Make quality investment decisions for the company.
• Develop risk and cost assessment report on all investment decisions.
• Reviews bank reconciliation of all Company’s bank accounts and ensure timely resolution of reconciling items/variables.
• Forecast on the market trend and proffer professional advice to management on the purchase of foreign currency (FCY).
• Ensure adherence to cashflow plan by reviewing monthly utilisation of funds.
• Liaise with financial and other investment institutions.
• Ensure compliance to Federal and State laws and rules on Treasury and risk management.
• Maintain an in-depth understanding of market conditions, trends and overall economic outlook.
• Constant monitoring of company’s investment objectives and goal.
• Perform supervisory role to subordinates.
• Should be able to stand-in for the Head Treasury in his/her absence.
• Other roles as assigned by the Treasurer.

Academic and Professional Qualifications

• Degree in Banking and Finance, Accounting, Business Administration, Economics, other analytical degree.
• ICAN/ANAN/ACCA- will be an added advantage.

Work Experience:

• Minimum 7 years corporate experience in relevant field (Financial Institutions or Treasury departments).