Treasury Accountant at Wells Accounting and Tax Services

Role Objective

• The Treasury Accountant will oversee the organization’s cash flow, banking operations, and liquidity management to ensure efficient use of funds and compliance with financial regulations.
• This role is responsible for planning budgets, reconciling bank statements, preparing cash flow reports, managing loans, and ensuring timely financial reporting to support strategic decision-making.

Key Responsibilities
Bank & Cash Management

• Manage company bank accounts to ensure efficiency, compliance, and optimal returns.
• Prepare daily, weekly, and monthly cash flow plans for management decision making.
• Perform regular bank reconciliations, ensuring alignment with the general ledger and IFRS standards.
• Maintain and monitor petty cash funds, ensuring accurate posting of all disbursements in the ERP.
• Track and reconcile staff cash advances, ensuring retirement within 48 hours and
• communicating deductions for defaults.

Loan & Investment Management:

• Maintain loan schedules, capturing principal repayments and accrued interest.
• Monitor loan covenants and ensure timely repayment by setting aside funds in advance.
• ovide interest and debt analysis reports, ensuring profitability and compliance with agreements.

Budgeting & Forecasting:

• Collate and prepare annual budgets in collaboration with departmental heads.
• Develop dynamic, updated cash flow plans (weekly and monthly) based on budgetary changes and operational realities.

Regulatory Compliance & Reporting:

• Prepare and manage Nigerian Export Proceeds (NXPs) documentation, ensuring accurate matching of inflows and timely closure of balances.
• Ensure compliance with treasury regulations, tax requirements, and all local, state, and federal financial laws.
• Maintain confidentiality and secure management of all financial records, Spreadsheets and register.
• Deliver timely financial reports, including:
  • Weekly and monthly bank reconciliation
  • Daily/weekly/monthly cash flow plans
  • Loan repayment schedules and profitability reports
  • Updated cash flow statements reflecting current realities

Other Duties

• Support fundraising and investment initiatives to strengthen the company’s financial position.
• Perform any other finance-related tasks as assigned.

Qualifications & Requirements

• B.Sc. or HND in Accounting, Finance, Economics, or a related field (professional certification such as ACA, ACCA, or CFA is an advantage).
• Minimum of 3–5 years of relevant experience in treasury or financial accounting.
• Solid understanding of accounting principles, financial management, budget planning, and cash flow control.
• Proven experience using ERP systems and advanced Excel skills.
• Strong analytical, problem-solving, and critical-thinking abilities.
• Excellent organizational, documentation, and communication skills.
• High ethical standards, integrity, and ability to maintain confidentiality.

Key Competencies:

• Cash flow forecasting and management
• Financial reporting and analysis
• Regulatory compliance and tax planning
• Strong interpersonal and stakeholder management skills
• Attention to detail and proactive decision-making.