Treasury Manager at Adexen

Job Reference: 1172

Job Description

• Sourcing for funds for the organisations’ working capital at cheapest price possible.
• Effective management of the companies’ cash flow to balance dry working capital situation with holding of idle funds.
• Management of the payment system and policies with the utmost aim of optimizing utilisation of available funds
• Monitoring of vendors’ data master file
• Coordinating the companies’ borrowing activities with the banks and other financial institutions.
• Providing professional advice as regards management of excess cash and cash flow forecasts
• Coordinating the companies’ general banking relationships and alliance for efficient banking services delivery
• Creating and maintaining correspondences with banks and Insurance companies
• Maintenance of the companies’ insurance portfolio and coordinating both the Insurance renewal and Insurance claim processes
• Preparation of the annual Banking Resolution for review of the CFO and subsequent submission to board for approval.
• Managing Trade finance operations
• Coordinating the process of Establishment of Letter of Credit to finance importation of products
• Monitoring of Letter of Credit life span to ensure funds are made available for its liquidation as at when due.
• Evaluation of various refinancing options for overdue Letters of Credit.
• Coordination all foreign direct remittance for offshore services, training and purchases
• Rendition of daily Assets and liabilities position for the group account preparation.
• Coordination of the preparation and rendition of daily Income and Expenditure reports for the Executive management review
• Daily review of banks’ balances and position for management daily decision making.
• Preparation and presentation of other management accounts for management decision making.
• Submission of required documents to the DPR and PPPRA on all established Letters of Credit for PMS importation
• Processing of PPPRA advice for payments of PPPRA Administrative and PEF charges in anticipation of receipt of SDN
• Coordination of SDN redemption from Central Bank Of Nigeria and DMO through our bankers.
• Management of correspondence on PPPRA receivables with the DPR, DMO, PPPRA and CBN
• Ensuring that PPPRA receivables are accurately represented in our books

Expectations

• B.Sc in Accounting or any other relevant social science subjects.
• Professional Qualification in Accounting e.g ICAN, ACA etc
• MBA will be an added advantage
• Good analytical mind and advance mathematical skills
• Must be a proven team leader
• Goal oriented and Target driven
• Great interpersonal skill
• Communication skills
• Proficiency in the use of Microsoft Word and Excel
• At least 15 years experience in a related position or banking environment
• Experience in investment banking and treasury operations
• International trade finance
• Honest and dedicated
• Paying attention to details
• Ability to work without supervision
• Impeccable Integrity

Remuneration
Attractive Package