Treasury Manager at The People Practice

• Our client, one of Nigeria’s major conglomerates, is looking to hire a Treasury Manager, who is responsible for managing the Group’s liquidity, cash flow forecasting, banking relationships, and debt obligations. The role ensures that HGL maintains adequate liquidity to meet operational and strategic needs, optimises cash usage across the Group and portfolio companies, and manages financial risks related to FX, interest rates, and counterparties.
• The Treasury Manager provides regular reporting and analysis to the CFO, MD, and the CEO of the Family Office, ensuring treasury information supports Group-wide capital allocation and portfolio management decisions. The role also acts as a subject matter leader, influencing stakeholders across the Group and portfolio companies on treasury matters.

Responsibilities

Liquidity & Cash Management

• Manage the Group’s daily liquidity position, ensuring availability of funds for operations and investments.
• Prepare and maintain rolling cash flow forecasts for HGL and portfolio companies.
• Optimise cash utilisation across the Group through consolidated planning, including intercompany funding or cash sweeps where appropriate.
• Monitor idle balances and recommend actions to the CFO to improve efficiency.

Treasury & Banking Operations

• Manage relationships with banks and financial institutions, negotiating terms on fees, FX, and facilities.
• Oversee bank account administration and ensure compliance with Delegation of Authority (DOA).
• Coordinate FX transactions and provide visibility to CFO on exposures and settlements.
• Ensure treasury controls and reconciliations are properly implemented.

Funding & Capital Management

• Support the CFO in sourcing and evaluating debt or structured financing options.
• Monitor Group debt obligations, ensuring timely servicing, covenant compliance, and reporting.
• Maintain a debt schedule and support refinancing, restructuring, or new facility discussions.
• Collaborate with portfolio company finance teams on funding needs, ensuring alignment with Group policies and treasury capacity.

Risk & Compliance

• Monitor treasury-related risks (liquidity, FX, counterparty, interest rate).
• Provide data and reporting to the CFO and Risk Manager to support stress testing and oversight.
• Ensure compliance with Group treasury policies and external regulatory requirements.

Collaboration & Business Partnering

• Partner with portfolio company CFOs/finance managers to align liquidity planning, debt servicing, and funding strategies with Group standards.
• Provide treasury updates and information to the CEO of the Family Office to support Group-wide portfolio oversight.
• Work with HGL departments to provide visibility on cash positions and funding requirements.

Leadership & Influence

• Act as the Group’s subject matter expert for treasury, liquidity, and funding.
• Lead interactions with banks, financial institutions, and external stakeholders on behalf of the CFO.
• Provide treasury guidance and influence decision-making across portfolio company CFOs/finance teams.
• Champion best practices in treasury and cash management across the Group.
• Take ownership of treasury reporting and ensure insights are effectively communicated to CFO, MD, and Family Office leadership.

Reporting & Continuous Improvement

• Prepare periodic treasury, cash, and funding reports for the CFO, MD, and Family Office leadership.
• Recommend enhancements to treasury systems, processes, and controls.
• Stay abreast of developments in banking, FX, and treasury best practices.

Qualifications

• First degree in Accounting, Finance, Economics, or related discipline.
• Professional qualification (ACA, ACCA, CFA, or ACT — Association of Corporate Treasurers) is an advantage.
• Minimum of 7–10 years’ relevant experience in treasury, banking, or corporate finance, ideally with exposure to investment holding companies, multinationals, or financial institutions.
• Strong knowledge of liquidity management, treasury operations, and corporate finance.
• Experience in FX, cash flow forecasting, and debt management.
• Proficiency in treasury systems, ERP/accounting systems, and advanced Excel.        

Must have skills

• Ability to influence and collaborate effectively without direct authority
• Strong communication and presentation skills
• able to prepare clear reports for CFO, MD, and Family Office leadership.
• High attention to detail, accuracy, and strong organisational skills.
• Excellent negotiation and relationship management skills (particularly with banks).
• Strong analytical skills and ability to model cash flows.