Senior Treasury Associate at Andersen

Job Summary

The Senior Treasury Associate is responsible for overseeing corporate finance, financial control, and cash and liquidity management to ensure the organization's financial stability. This role involves investment management, financial reporting and analysis, budgeting, and cost control to optimize capital allocation and risk management. Additionally, the role requires leadership and people management skills to drive efficiency and strategic financial planning while maintaining compliance with financial regulations.

Job details

Corporate Finance

• Evaluate investment opportunities, including mergers, acquisitions, and capital projects, through financial modelling and analysis.
• Conduct due diligence on potential investments, assessing risks and returns to support decision-making.
• Develop financial forecasts and projections to assess the financial impact of investment decisions.
• Manage capital raising activities, including debt issuance, equity offerings, and alternative financing strategies.

Financial Control

• Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in compliance with regulatory standards (e.g., GAAP, IFRS).
• Ensure adherence to internal controls and financial policies to safeguard company assets and maintain integrity in financial reporting.
• Coordinate with auditors to facilitate annual audits and address audit findings or recommendations.

Cash and Liquidity Management

• Ensure optimal cash flow management and forecasting to meet operational needs.
• Oversee daily cash positioning, cash concentration, and short-term borrowing.
• Manage bank relationships to ensure adequate liquidity and efficient banking operations.
• Develop and maintain cash management policies and procedures.

Investment Management

• Develop and oversee investment policies and strategies to maximize returns on surplus cash.
• Conduct due diligence and evaluate investment opportunities.
• Monitor and report on investment performance and market conditions.

Financial Reporting and Analysis

• Prepare and present regular reports on treasury activities, cash flow, and financial risks.
• Analyse financial data and provide insights/recommendations to support decision-making and strategic planning.

Budgeting and Cost Control

• Develop and manage the treasury budget, ensuring alignment with Tsari’s strategic goals.
• Monitor and control treasury-related expenses.
• Identify cost-saving opportunities and implement efficient practices.
• Provide financial insights to support budgeting and cost management efforts.

Leadership and People Management

• Lead, mentor, and develop the treasury team, fostering a high-performance culture.
• Set performance goals, conduct regular evaluations, and provide feedback.
• Promote professional growth and continuous learning within the team.

Job-specific Competencies

• Business & Industry Knowledge
• Investment Management
• Operational Efficiency
• Stakeholder Management
• Financial Control 
• Financial Reporting 
• Management Accounting
• Use of relevant Accounting Software
• Treasury Management 
• Cash flow Management 
• Risk Management 
• Forecasting, Financial Planning & Modelling

Benefits

• Bachelor's degree in Accounting, Finance, Economics, or a related field
• Master’s degree in Finance, Accounting or related field is an added advantage. 
• Relevant professional qualifications such as; ICAN (Institute of Chartered of Accountants Nigeria), ACCA (Association of Chartered Certified Accountants), CFA (Chartered Financial Analyst), CTP (Certified Treasury Professional).
• A minimum of 8 years in corporate finance and financial reporting role with substantial experience in treasury management
• In-depth knowledge of global accounting standards and principles