Treasury Manager at Hayat Holding

Report to: CFO

Responsible for: Treasury Functions, Chiefs & Specialist

Job Purpose:

• Perform all Treasury related functions for the business through risk managements and exploitation of more opportunities.
• Handles all supplier payments through the bank platforms.
• Responsible for the reconciliation of the Bank Accounts statements with the General Ledger.

Key Responsibilities:

• Perform all Treasury operations within the business.
• Monitor and manage banking relationship
• Responsible for Monthly Bank reconciliations between the bank statements and General ledger.
• Responsible for all Treasury related ledgers with understanding of the balances.
• Ensure accurate payments are made according to the authorisation Matrix.
• Review all payments uploaded to the portal by subordinates.
• Interest rate risk management and development of risk mitigation strategies
• Monitor Macroeconomic policies on the business and escalates its impact to the business.
• Liaise with the various banks to enhance business objectives.
• Forecast Weekly availability of Cash
• Relates with logistics on open Form M, Bills for Collections and Letter of credits.
• Ensure all intercompany owings are settled at a reduced exchange rate.
• Negotiate reduced Bank charges with Banks.
• Understand and Explain to the business CBN Policies and FMDQ processes and forex packages (Futures, forwards etc.).
• Supervise and Train subordinates.
• Foreign exchange risk management and development of foreign exchange risk mitigation strategies.
• Forecasting of medium and long- term funding and hedging requirements (if applicable)
• Preparing management reports (Forecast Cash Flow)

Qualification/Profile Requirments:

• B.Sc./HND Accountancy and Finance, MBA an added advantage.
• Membership of Institute of Chartered Accountants of Nigeria (ICAN) or ACA.
• Computer expertise especially in MS Word, MS Excel, Access, PowerPoint.
• Min. 10 years’ experience (both banking & FMCG industry).
• Experience in Forex and International Trading.