Treasury Controller at SPIE Oil & Gas Services

Job description

SPIE Services Nigeria Limited is currently looking for Treasury Controller to join its work force in Nigeria. He/She shall perform the following task:

Bank Charges and Loan Management.

• Prepares, controls, verifies, and reconciles bank loan interests, charges, and incomes and liaises with banks where necessary
• Maintains periodic financial information as may be required by management, lenders, and regulatory authorities.
• Prepares monthly journals/accruals for bank charges, interests, fees, and incomes and ensures accurate booking in SAP.
• Prepares and updates database of all company loans and monitors compliance with loan covenants.

Bank Bonds and Guarantee Management

• Maintains a database of bonds and guarantees issued and received by the Company.
• Performs monthly review of the status of existing Bonds and Guarantees.
• Provide information and reports as required by management.

Compliance and Risk Management

• Implements Company’s cash management rules, procedures and internal control requirements in line with Group Rules.
• Participates in financial and counter-party risk analysis, including banks’ soundness (credit rating).
• Prepares monthly SOX control documentation and compliance issues and manage the assessment process for Treasury.
• Reviews / updates existing procedures and documents new processes as the job evolves.

Reporting and Administration

• Prepares weekly Treasury report and contribute to the production of monthly Treasury Tableau de Bord
• Coordinates external reporting obligations of Treasury Department to Central Bank of Nigeria (CBN).
• Documents monthly bank statements and contributes to monthly bank reconciliation processes
• Monitors and updates key economic indicators, including foreign exchange, inflation, and interest rates
• Monitoring/Updating of interest rates and foreign exchange rates on daily basis for business decision.
• Updates monthly treasury workbook with actual payments and receipts

Banking Relationship

• Participate in building relationship with key financial institutions and agencies in Nigeria
• Prepares, dispatches, and maintains database of all correspondence with banks

Profile

• Minimum education qualification HND/ BSc. in Finance/Accounting/Banking/Economics
• 3-5 years relevant post-graduation experience in Finance/Accounting/Banking/Treasury function.
• Good organizational, analytical, communication, and Inter-personal skills) and good knowledge of Microsoft Office.