Treasury Manager at Human Capital Partners (HCP)

Human Capital Partners (HCP) - Our client is a reputable Quick Services Restaurant Chain. As part of on-going initiatives to strengthen its operations and enhance its capacity to achieve its goals, they seek to recruit a dynamic, passionate and resourceful professional to fill the position of Treasury Manager in Lagos State.

Job Summary:

The role holder will be responsible for;

Overseeing the treasury affairs of the business and ensure they are legal, constitutional and within accepted accounting practice.

Assisting and providing adequate support with respect to fund raise, custody of funds, utilization of funds and safety of cash assets

Responsibilities:

• Supervise all incoming and outgoing banking transactions on behalf of the company.
• Recommend and implement necessary controls and policies to safeguard cash assets of the business (covering receipt, custody and disbursement of cash and other financial information).
• Advice the business on changing macro & micro economic indices and contemporary financial regulations as may be applicable to the business.
• Ensure appropriate working capital is available to run day to day activities of the business.
• Ensure proper reconciliation of sales proceeds and implement necessary controls to ensure sales proceeds are fully remitted to the company accounts.
• Regularly carry out reconciliations/ oversee regular reconciliations of all bank account and ensure timely resolution of all reconciling items.
• Prepare quarterly and yearly reports to regulatory bodies i.e. SEC on fund utilization (when necessary and where applicable).
• Perform and document periodic risk assessment for treasury unit and work with Internal Control on updating risk register.
• Ensure proper records are kept and that effective financial procedures and controls are in place e.g Records of cheque signatories, Signing limits, Petty cash/ float, Salary payments, Pensions, PAYE and other regulatory payments (Vendor payments, Capital expenditures).
• Ensure timely remittance of all statutory deductions to the relevant bodies (e.g. pension and taxes) and manage the interface between the Organisation and its external auditors.
• Ensure that all accounting records are in compliance with the approved policies and accounting standards.

Requirements:

A bachelor's degree in accounting, banking or finance or related discipline from a reputable institution.

• Minimum of 6 years’ experience in an audit or core finance role with at least 3 years in management capacity.
• Membership of the ACCA, ICAN, CIS or any other related professional qualification is required.
• Good knowledge of financial reporting and analysis.
• Knowledge and experience of fundraising finance practice.
• Knowledge of capital markets, accounting and business finance
• Strong written and oral communication skills.
• Excellent negotiation and persuasive skills.
• High levels of initiative, self-motivation and energy with an ability to work well within a commercial team.
• Highly organised with an ability to work effectively to meet deadlines. A high attention to detail with an ability to follow through on commitments.