Jobs Career Advice Signup

Send this job to a friend


Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Nov 15, 2021
    Deadline: Not specified
  • For 15 years we have been building and managing telecommunications towers that are the essential backbone of mobile telecommunications in Africa - the leapfrog technology driving economic development, prosperity and self-sufficiency across the continent. Right now, IHS is leading a new telecoms service sector driven by the growth of middle class business an...
    Read more about this company


    Principal Specialist, Forex & Imports

    Key Roles & Responsibilities

    • Source, negotiate, and enter into competitive trades for the purchase of foreign currency.
    • Maintain company records of all currency purchases and ensure communication of relevant information to internal parties.
    • Provide inputs to the development of strategies to reduce the company’s risk exposure to changes in foreign currency.
    • Keep abreast of forex regulations and requirements, applying the knowledge effectively in delivery of tasks with limited supervision
    • Serve as business partner to the Supply Chain organization, providing subject matter expertise and ongoing support on the import trade process with special attention to Central Bank of Nigeria (CBN) regulatory requirements.
    • Collaborate with Supply Chain to investigate and analyze challenges/ problems that may arise and build solutions across the import trade process, leveraging experience and subject matter knowledge.
    • Contribute towards strengthening compliance with and knowledge of CBN regulations and forex solutions across the business.
    • Proactively monitor foreign currency exchange rates and other exposures relevant to the company.
    • Build and maintain effective relationships with the company’s bankers to stay informed of solutions that add value to the IHS business.
    • Contribute towards enhancing IHS’s ability to manage risks effectively by demonstrating and applying understanding of the regulatory environment around currency controls in Nigeria and requirements of the CBN Foreign Exchange Manual within the organization.
    • Support and implement processes for hedging forex risks of the company as per Group Treasury guidance.
    • Explore opportunities for forex solutions with the company’s bankers and other approved channels.
    • Facilitate regular training for the Supply Chain team on import trade processes and ensure they are kept up to date on regulations and requirements.
    • Perform other tasks and duties as assigned by the Director, Treasury.

    Experience & Qualifications Required

    • Bachelor’s Degree in Finance, Accounting, or other related discipline. Relevant professional certifications will be an asset.
    • Plus 8 years experience working in Treasury.
    • Must have strong understanding of the Nigerian banking industry, currency controls regulations, currency solutions (FX hedge instruments), and import trade process and requirements.

    Organizational Competencies:

    • Be Bold
    • Customer Focus
    • Innovation
    • Integrity.

    Functional Competencies:

    • Analytical Thinking
    • Banking Regulations Knowledge
    • Treasury Management
    • Forex Market & Operations
    • Trade Services Administration
    • International Trade Regulations
    • Business Communication
    • Stakeholder Management
    • Negotiation Skills
    • Reporting.

    Behavioural Competencies:

    • Collaboration & Teamwork
    • Relationship Building.

    Method of Application

    Note: Please apply with an updated resume / CV.

    Interested and qualified? Go to IHS Towers on to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

    View All Vacancies at IHS Towers Back To Home

Subscribe to Job Alert


Join our happy subscribers

Send your application through

GmailGmail YahoomailYahoomail