Jobs Career Advice Signup

Send this job to a friend


Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Aug 29, 2019
    Deadline: Sep 9, 2019
  • We are a professional outfit that offers a wide spectrum of strategic Human Resource Services; particularly - Innovative Staffing Solutions, Potent L&D Interventions and Flexible Outsourcing to both big and small organizations across different business sectors. Driven by a team of exceptional and immensely talented consultants with rich industrial exp...
    Read more about this company

    Treasury Accountant

    Job ID: TA/1135/PM
    Location: Lagos
    Job Type: Full Time    
    Reports to: Head, Finance
    Career: Mid/Level Expert

    Job Description

    • Responsible for the company’s cash flow monitoring on a daily basis, make regular fund management analysis through accurate use of investment skills and business acumen as well as ensure efficient utilization of cash and other financial assets of the company, in a manner that increases the company’s profitability goal.
    • In addition, accountable for assessment of periodic liquidity needs, determine funding sources and investing excess cash from the business activities in consistent with the company’s objectives.

    Job Responsibilities

    • Manage day-to-day activities in treasury functions to meet the financial obligations of the company.
    • Perform treasury activities related to cash flow, borrowings, debt, and working capital management.
    • Allocate cash balances, maintains investment records, and prepares expense and earnings forecasts for the use of management.
    • Ensure that accounting processes and procedures are in place and meet the company’s objectives, needs, and regulatory body requirements.
    • Determine procurement of funds and monitors investments and collections accordingly.
    • Understand, manage, and supervise all aspects of cash inflows and outflows.
    • Prepare daily cash requirements and assist in the execution of daily financing decisions.
    • Assisting with the month-end treasury reporting process by preparing monthly journal entries to close affected accounts
    • Monitor and manage trade investment portfolios including Working capital, High-Yield, Escrow, long-term and short-term investment strategies and other portfolios
    • Perform reconciliations of accounts affecting the treasury system such as cash, cash equivalents, investments, debt, and sales (account reconciliation);
    • Responsible for daily cash utilization, cash flow management; assist in providing financial/ credit risk analysis on each of the anticipated spending
    • Manage relationships with financial service providers and evaluate as well as implement cash management systems to optimize efficiencies across the company’s operations.
    • Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure and guidelines of the company.
    • Ensure daily, weekly and monthly uploads of all bank transactions on SAP with monthly reconciliation of same
    • Track invoices for payment status and prepare un-invoiced jobs' report based on approved pro-forma Invoices and work/purchase orders
    • Track the Purchase Order status of allocated jobs and reconcile client invoices and statements/ accounts.
    • Monitor and escalate customer’s account details for non-payments, non-issuance of purchase orders, delayed payments and other irregularities
    • Liaise with sales team on invoicing issues/status and prepare receivable reports on a weekly basis and assist with month-end closing as well as perform aging analysis of receivables and review same to monitor/ensure compliance
    • Capture invoices on the ERP system (SAP) and maintain reconciled clients’ files and records.
    • Investigate and resolve payment discrepancies as well as identify issues and develop solutions related to accounts receivables activities and processes
    • Follow established procedures for processing receipts, cash and other routine activities
    • Manage bank relationships/transactions including but not limited to bank reconciliations (also on SAP) and banking activities reporting (includes analyzing bank balances and service fees)
    • Prepare and reconcile Trade debtors’ and Creditors’ schedules to Statement of Financial Position and prepare variance analysis and supporting schedules on affected accounts for immediate actions
    • Communicate outstanding payments and receivables with creditors, debtors, bank and management as the case may be
    • Liaise with procurement in relation to trade finance, letters of credit and supplier schemes
    • Daily posting of receipts to ensure that all receipts are captured in the ERP system (SAP) as well as generating and posting journals where necessary
    • Ensure conformity of company’ bank accounts with the approved company’s bank mandate
    • Provide inputs and advice to management including recommendation of changes that will maximize revenue and profit
    • Any other responsibilities as may be assigned by the HOF from time to time


    • B.Sc/HND in Accounting/Finance.
    • Part/full professional qualification (added advantage)
    • 3 - 5 years relevant experience


    • Ability to use accounting software(s)
    • Knowledge of ERP systems
    • Ability to proficiently use computers and applications
    • Ability to work under minimal supervision
    • Excellent communication skill
    • Strong analytical and problem solving skills
    • Result-oriented and performance driven mindset
    • Express some level of creativity and uniqueness.

    Method of Application

    Interested and qualified candidates should send their CV (MS Word format) only to: using the role "the job title" as the subject of your application.

  • Send your application

Never miss a job with our real-time & personalized job service
Subscribe Now
Back To Home

Career Advice

View All Career Advice

Subscribe to Job Alert


Join over 630K happy subscribers

Send your application through

Yahoomail Gmail Hotmail