Treasury & Cash Manager at Nigerian Exchange Group (NGX Group)

Job Summary

• The ideal candidate will be a consummate finance professional with a strong personality, good people management skills and the ability to work as a team player to support the Group in maximizing investment income as well as assist to contain costs.
• This is an important back-office role with high control responsibility as the holder is NGX Group’s first line of defense in the process of ensuring the accuracy and integrity of transactions processing and maintenance of integrity of financial system, also managing the liquidity position of NGX Group.

Responsibilities

• Process all transactions involving NGX Group into the relevant business systems (MICROSOFT DYNAMICS 365).
• Ensure that transactions processing is done in line with corporate policies, accounting policies and relevant regulatory/legal pronouncements.
• Take active part in the development and/or refinement of investment and accounting policies as it relates to deals and transactions processing.
• Continuously collaborate with the Information Technology Team to devise better and more efficient methods for processing of transactions Translate client requirements into highly specified project briefs.
• Ensure that transactional documentations are complete with all the requisite approvals before such transaction is processed
• Process payment to contractors and suppliers. In addition, he/she must ensure that payments are made within the approved TAT for transactions processing.
• Ensure that post-mortem verification of all transactions is conducted daily to ensure that errors and or irregularities are discovered promptly and escalated to the departmental and/or divisional head promptly.
• Develop processes to ensure accounting of all treasury transactions on ERP, compliance with investment policies, regulatory requirements e.g. exchange controls, anti-money laundering, CBN regulations and ensure completeness and accuracy of ledger entries on the financial statement.
• Ensure appropriate treasury operations and credit management policies and procedures and ensure continuous review and update of the unit's policies to align with the departments’ objective on efficiency.
• Maximization of profitability of assets under management and meeting of set targets from time to time by Management
• Ensure timely preparation of board reports on the investment and portfolio position on a monthly and quarterly basis.
• Prepare confirmation letters for all treasury deals, ensuring that all deals promptly confirmed with counterparties.
• Develop processes that will achieve significant reduction in account receivables, ensure
• prompt, billing of all NGX Groups’ customers and payment of vendors according to terms on the purchase Order and NGX Groups approved vendor processing cycle.

Job Specifications
To successfully deliver these goals, you must have the following relevant experience & qualifications below:

• University Degree with emphasis on Economics, Finance & Accounting or any other numerate courses (Sciences and Engineering)
• At least one relevant professional qualifications e.g. ACCA, ACA
• 5 - 7 years’ work experience in the Capital Market or banking business within treasury, Treasury operations and/or Financial Control.
• Must be able to build strong partnerships with business and corporate staff, communicate to a wide variety of audiences in clear, understandable language.