Finance Capital Manager at CCETC Ogua Energy Limited

Responsibilities

• Research and evaluate creditors’ creditworthiness
• Create credit scoring models to predict risks
• Source and Process loans, grants and credit facilities from legitimate sources e.g. the capital market, the money market etc. for the organization.
• Calculate and negotiate interest rates
• Reduce the organization’s financial risk and debt exposure
• Negotiate loan terms with company’s creditors
• Monitor payments and payment plan (compliance)
• Maintain records of loan applications
• Manage the company’s debt profiles, debt settlements and loan renewals
• Ensure all lending procedures comply with statutory and financial regulations
• Develop, review and update our company’s credit policies
• Solid understanding of the lending/borrowing procedures of local and international financial institutions.
• Maintain the corporate policy on loans and credit.
• Recommend changes in the credit policy to senior management
• Manage the company’s foreign exchange transactions
• Manage the organization’s relations with stakeholders regarding, fund management, import and export transactions.
• Monitor a large scale of foreign exchange functions and operations within the banking environment. This will include all transactions and remittances in the field.
• Manage the research on both foreign and domestic markets, with the use of fundamental and technical analysis.
• Be up to date with all of the latest financial developments, not only with the country’s economy, but also with other countries.
• Assist management in understanding and capitalizing on foreign currency markets by giving valuable intelligence information on exchange rates and insights into global markets.
• Review reconciliation sheets and ensure that all sheets are balanced accordingly to the regulations and laws of the industry and bank.
• Maintain the relationship between international or counterpart financial institutions.
• Be up to date with all of the latest financial developments, not only with the country’s economy, but also with other countries.

Requirements

• Excellent analytical skills, with the ability to create and process financial spreadsheets and software.
• Excellent Negotiation skills
• BSc in Accounting, Economics, Banking and Finance or relevant field.
• MUST possess the relevant professional certification(s) in the finance discipline
• Post graduate qualification(s) will be of added advantage
• MUST possess a minimum of 7 years post NYSC experience with more than 3 years relevant work experience in a similar position.
• Preferable candidate should be between the ages of 38-48 years.

Others:

• Candidate must be willing to relocate to place of assignment.
• Having been engaged in credit or foreign exchange in a bank is preferred.
• Preferably has been engaged in credit or import and export trade in multinational companies.