Treasury Manager - Microfinance Banking at Alert Microfinance Bank

Location: Lagos Island, Lagos

Job Brief

• Treasury Manager at Alert Microfinance Bank oversees the financial activities of the bank and play a vital role in helping the organization make the correct financial decisions and ensure that our financial assets are used appropriately.

Job Description

• Monitor daily deposits into our correspondent banks
• To ensure that the clients are duly informed before their maturity
• To ensure that the interest rates are within the rate guide except on approval from Management
• Follow up with the banks on our funds transfer transactions and other transactions to ensure that they are all dealt without error and escalate any transaction hinge
• Daily review of our Bank statement to ensure that no debit is charged to our account without prior approval.
• Monitor the branch vault daily
• To ensure that the branches are within their limit and that any excess limit is reported the same day to the finance department
• Follow up with branches to ensure that all the safe balance reports are sent first thing in the morning.
• Prepare daily safe balance report
• Ensure proper filing and safe keeping of all treasury documents
• Attend to branch complaints on real time online platform.
• Preparing monthly accounting journals for posting
• Preparing daily liquidity report
• Maintain a worksheet for all our investment and treasury bills in order to ensure that we are within the regulatory requirement.
• Assisting preparing monthly lenders report
• Assist in the preparation of the ALCO report
• Engage in other tasks assigned by the immediate line supervisors

Key Requirements

• Minimum of B.Sc. or its equivalent in Accounting or related field.
• 3 - 5 years cognate experience from a reputable Microfinance Bank.
• Sound Accounting and Risk Management experience
• Analysis and reporting skills.
• Problem solving and decision making.

Salary
Very Attractive (With Incentives and Commission)