Head Treasurer at Evans Industries

Evans Industries Limited is a foremost, indigenous manufacturing company located at Ikeja, Lagos State and a member of Ekulo Group of Companies. It is currently sourcing for an experienced Head of Treasurer.

JOB SUMMARY

The Head treasurer is responsible for the company liquidity, investments, risk management, cash management, procurement of funds, collateral management and Internal Audit remediation. He /She evaluates fiscal choices, monitors expenses, plans and manages the efficient utilization of cash and financial services in a manner consistent with, banking administration to meet the financial obligations of the organization. He/She ensures that policies and procedures meet the organization's objectives, needs, and regulatory body requirements.

• Monitor the cash flow of the company on a daily basis, weekly, monthly, annually, long term forecasts making periodic analysis, by the use of proven investment skills and business acumen.
• Manage the cash requirement in an effective manner through planning, sourcing and deployment, ensuring that the short-term liquidity requirements of group companies are met
• Evaluate fiscal choices and advise both middle and upper management including colleagues.
• Check and verify cash transactions; and also investigate and propose possible resolution for any discrepancies
• Manage the interest rate exposure through a variety of short- and long-term fund management strategies
• Ensure all risk incidents and control issues are logged in the appropriate manner in a timely process
• Manage foreign currency exposure and foreign currency payments by managing currency movement risk and taking judicious cover for foreign payments and receipts
• Handle relationship management with banks. Ensure our banking operations are smooth and have a seamless interface with business operations.
• Champion initiatives to reduce bank charges
• Support line management in any ad-hoc banking requirements
• Oversight of opening and closure of bank account and mandates
• Report the performance of treasury operations cash forecast, cost of borrowing, funds utilization, hedge reporting
• Manage investment accounts and create detailed reports showing gains and losses

SKILLS AND QUALIFICATIONS

• B.Sc (Hons)/HND in  Accounting or related field.
• ACA or ACCA certified.
• Minimum of 5 years relevant experience in FMCG with at least three (3) in manufacturing sector.

CORE COMPETENCIES

• High attention to detail
• High time management and organizational ability
• Strong understanding of financial markets, financial instruments and debt instruments
• Knowledge of banking relationships and covenants
• Appropriate handling of sensitive information
• Strong client relationship management and customer service skills
• Financial Management, statutory reporting and Budgeting
• Experience with ERP software (E.g Microsoft Dynamics 365) and Power BI tools.
• SALARY: Between N400,000 and N600,000 per month.