Treasury Analyst at Unilever

Job ID: R-56157

Main Job Purpose

• Effective Liquidity, foreign exchange and commodity backroom operations management are critical to ensure the safeguard of Unilever’s financial assets.
• This role is involved in the Treasury operations for Unilever Nigeria and will support the day-to-day Treasury and commodity hedging operations and be the lead for upcoming Treasury projects.
• The role will also oversee the management of the Pension funds for the Business as well as the insurance activities for the Business and its assets.
• The role will also be focusing on managing the Liquidity and Foreign exchange requirements for the business in addition to running the back-office operations in addition to managing and maximizing the Tax liabilities for the Business.

Job Summary
Banking:

• Lead and work with Treasury Manager to ensure adequate facilities are available to meet existing and future business funds requirements.
• Develop and maintain effective operational network with key Banks/Financial Institutions to ensure smooth operations and harness opportunities.
• Responsible for administering role for Bank related systems.
• Co-ordinate and ensure documentation in place to transact with Banks (facilities letter, documentation, director's resolution etc)

Liquidity Management:

• Ensure Unilever’s financial assets are safe guarded with proper planning of short-, medium- and long-term cash requirements. This includes funding requirements and maximizing long term returns on excess liquidity.
• Forecast day-to-day cash flow positions, related borrowing needs, and available funds for investment.
• Identify opportunities for cost savings or increase returns on excess cash.
• Reviews company’s cash forecast and performs an analysis on the projected vs. reported cash holdings.

Exposures management:

• Mitigates financial risks related to the interest rates on the foreign exchange positions.
• Propose Forex strategies and exposure limits incorporating market insights on Forex trends into hedging decisions.
• Design and implement full end to end (process design, systems, accounting treatments) solutions for back-office operations on new commodities, instruments, and regions.

Governance, Compliance & Documentation:

• Maintains policies and procedures that impose an adequate level of control over treasury operations.
• Ensures all transactions are completed in accordance with the Schedule of Authorities and are properly documented.
• Responsible for the Treasury Policy compliance and observing Forex limits.
• Establish and report treasury KPIs.

Key Skills Requirements

• Minimum of 5 years' work experience with at least 2 years as a team lead
• Financial and Treasury Management
• Tax Accounting
• Strong SAP Knowledge & Excel spreadsheet skills
• CIMA/ACCA/ICAN certification is required.
• Excellent communication and interpersonal skills

Key Interfaces
Internal:

• Functional Directors
• Finance Business Partners
• Financial Control
• Customer Development Heads of Units
• Regional Treasury and Tax Teams

External:

• Banks