Treasury Manager at Aquarian Consult

Job Summary

• The Treasury Manager is responsible for provision of necessary professional support to the Head of Finance & Accounts in the area of Corporate Funds management.
• The job holder will coordinate the treasury staff for productivity optimisation towards achieving the organisational goals and objectives.
• He will develop a healthy relationship with bankers, insurance companies and regulatory authorities while serving as liaison officer between them and the companies.

Responsibilities

• 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 payment systems and policies with the utmost aim of optimising 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.
• Financial Institutions Relationship Management
• 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 Head of Accounts and Finance and subsequent submission Management
• Coordination of Trade Finance funding
• 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
• Preparation and Rendition of Management Reports
• Rendition of daily Assets and liabilities position for 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.

Required Qualifications/Key Competencies

• B.Sc in Accounting/ Finance or any other relevant Social Science subjects.
• Professional Qualification in Accounting e.g ICAN, ACCA etc
• MBA will be an added advantage Knowledge, skills and competencies
• 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 Office Suite Experience
• Minimum 7 years’ experience in a related position or banking environment
• Experience in investment banking and treasury operations
• International trade finance.