Treasury Specialist at GMT Nigeria Limited

Job Description

• The roll purpose of the Treasury Officer includes but not limited to carrying out daily inflow booking activities, dealing with banks, loan booking/liquidations and bank reconciliation.

Responsibilities Major responsibilities include but are not limited to:

• Daily review of various banks statements for inflows, loan maturities
• Coordinate with receivable team to arrange payment remittances and booking of inflow
• Adjustment of WHT deductions in receivables and movement from AP to TD.
• Collecting the cheques from clients and allocating to the Banks according to loan obligations
• Dealing with the banks for booking of loans/liquidations of loans/fund transfers
• Responsible for maintaining updated Bank Reconciliations of Current Accounts, Loan accounts, Dom accounts and sub accounts.
• Analyze and recording of interest, bank charges, COT, Form M charges, offshore charges ,Telex charges in the system and liaison with bank for any irregularities
• Follow up with Banks for loan schedules, telexes, payment confirmations
• Maintaining the loan reports, checking of provisions accounts i.e LC Commission, USD loan provisions
• Responsible for inter account funding so that payment to Port, Shipping lines, Terminal can be made without delay.
• Assisting team on monthly Bank reconciliation reporting and various other MIS
  

Requirements
The ideal candidate must meet the following:

Qualifications & Training:

• A first Degree in a Computer or Business related discipline, but a finance related degree is desirable
• A professional accounting qualification (ACA, CPA, ACCA)
• Four to seven years’ experience in Financial accounting with strong focus on reconciliation in an FMCG environment

Knowledge, Skills & Experience:

• Generally Accepted Accounting Principles (GAAP)
• Should have experience on bank reconciliations
• Sound knowledge of Account and Finance
• Well versed with OD Interest calculation and various other bank charges
• Should have experience in dealing with banks
• Knowledge of Letter of Credits and related transactions dynamics
• Should be good in Microsoft office and have worked in ERP environment
• Good Interpersonal and communication skills with the ability to communicate and resolve issues

Key Success Factors:

• Should be hard working and have positive and learning attitude
• Able to work in a fast moving and sometimes stressful environment

Working Relationships:

• Has to maintain a good working relationship internally i.e. various departments of the organization and externally i.e. Banks.