Treasury Analyst at Sun King (Formerly Greenlight Planet)

About the Role

• This role is responsible for Trade and FX related transactions, including Letters of Credit (LCs), Over-The-Counter (OTC) transactions, and related journal bookings.
• The position also monitors fixed deposits, Interest on Loans, manages bank reconciliations, coordinates insurance matters, and oversees petty cash operations while ensuring compliance with Sun King’s Minimum Control Standards (MCS).
• Additionally, the role handles the preparation of daily liquidity reports, monthly cash flow reports, and management of deposits and investments by negotiating favourable rates and ensuring accurate booking of interest accruals.
• The role oversees payment processes, follow up to ensure seamless approval on e-platform payments, and resolves discrepancies in transactions with Banks.

What you would be expected to do
Trade Arrangements:

• Ensure all Form M’s are accurately registered with the Nigeria Customs Service via the Single Window Trade Portal.
• Coordinate with internal teams, banks, and regulators to secure timely approvals for trade documentation.

Letters of Credit (LC) Management:

• Establish and manage Letters of Credit (LC) with corresponding banks for international suppliers.
• Track LC transactions, update obligations on the LC tracker, and ensure proper linkage of FX purchases to each LC.
• Follow up on supplier payments and ensure compliance with Sun King’s Minimum Control Standards (MCS).

Trade Reconciliation:

• Reconcile bank obligations against LC requirements regularly to ensure transparency.
• Perform reconciliations for FX purchases linked to LC obligations.
• Work with the China operations team, suppliers, and banks to resolve documentation discrepancies and ensure accurate and timely settlements.

Trade Documentation:

• Maintain proper filing and control of all exchange control and trade-related documentation.
• Manage and dispatch shipping documents such as Bills of Lading, commercial invoices, and related trade documents.
• Ensure compliance with both Nigerian regulatory requirements and international trade finance standards.

Treasury Records & Reporting:

• Maintain updated records for all imports, LC transactions, and FX purchases.
• Assist monthly closing activities by preparing journal entries for trade-related transactions.
• Provide timely treasury and trade finance reports to management and regulatory bodies.

Cross-functional Coordination:

• Work with China operations, local procurement, logistics, and finance teams to ensure smooth processing of imports and supplier payments.
• Provide relevant documentation and reports to auditors, banks, regulators, and management as required

You might be a strong candidate if you

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• 3+ years of experience in Treasury, Trade Finance, or Banking Operations.

Key Knowledge & Skills:

• Knowledge of banking regulations
• Ability to build and maintain positive relationships with banking teams
• Trade and FX management
• Treasury operations management
• Accounting concepts and practices
• Familiarity with Nigeria Customs Trade platform
• Proficiency in MS Excel
• Strong critical thinking, communication, and negotiation skills
• Ability to perform effectively under pressure in a fast-paced environment with strong attention to detail