Senior Associate, Treasury at Nile University of Nigeria

We are currently looking to engage a highly competent and result-oriented Senior Associate, Treasury with strong personal & professional integrity to join our dynamic workforce.

Responsibilities

The Senior Associate, Treasury will be managing daily treasury operations, ensuring timely settlement of invoices, managing payroll disbursements, and maintaining efficient cashflow management. This role requires strong analytical skills to monitor cash positions and post financial transactions.

He/she is expected to;

1. Oversee the meticulous processing of a diverse range of payment requests, ensuring accuracy and compliance with the University’s policies. 
2. Collaborate with the finance team to scrutinize financial data intricacies, unveiling insightful analyses that serve as the bedrock for informed and strategic decision-making.
3. Ensure timely settlement of all due invoices and bills as per the agreed payment cycle. Post all payment transactions in batches into the financial system, ensuring accuracy and alignment with accounting standards.
4. Manage payroll disbursements, ensuring the timely payment of salaries and wages, and handle statutory deductions and remittances.
5. Ensure accurate and timely remittance of statutory deductions such as pension, tax, and health insurance contributions.
6. Oversee the management of petty cash, ensuring proper documentation, disbursements, and monthly reconciliations.
7. Prepare and perform monthly bank reconciliations to ensure consistency and accuracy between bank records and internal ledgers.
8. Manage monthly cashflow forecasts by tracking incoming and outgoing cash, ensuring liquidity for operational needs.
9. Ensure effective treasury operations, including fund transfers and optimization of cash balances for daily operations.
10. Ensure compliance with company policies, statutory regulations, and industry best practices in all treasury activities.

Qualification & Experience

1. Bachelor’s degree in Finance, Accounting, Business, or a related field. 
2. A minimum of 4 years\' proven experience blending accounting and banking roles, with a strong focus on treasury management, financial operations, and cashflow optimization.
3. Exposure and insight into higher education and business schools.
4. Demonstrated ability to work with a diverse range of stakeholders and manage their priorities.
5. Strong knowledge of financial regulations, credit analysis, and accounting principles.