Treasury Officer at DAG Industries Nigeria Limited

Job Summary 

• The Treasury Assistant will support the treasury department in managing the company's cash flow, banking relationships, and financial risk management processes.
• This role involves daily cash management, monitoring of bank accounts, assisting with financial reporting, and ensuring compliance with internal controls and financial regulations.

Key Responsibilities

• Prepare and execute fund transfers between bank accounts.
• Reconcile bank statements and resolve discrepancies.
• Maintain relationships with banks and financial institutions.
• Ensure compliance with banking covenants and conditions.
• Liaise with banks to resolve issues related to transactions and services.
• Assist in the preparation of regular treasury reports, including cash flow forecasts and liquidity reports.
• Prepare and maintain treasury-related documentation and records.
• Monitor and report on foreign exchange and interest rate exposures.
• Ensure compliance with internal controls and financial policies.
• Assist in the development and implementation of treasury policies and procedures.
• Identify opportunities for process improvements within the treasury function.
• Support the implementation of new treasury systems and tools.
• Ensure compliance with regulatory requirements related to treasury operations.
• Assist in internal and external audits related to treasury functions.

Qualifications

• Education: Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Experience: 1-3 years of experience in treasury, finance, or accounting roles.

Skills:

• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel and financial software.
• Knowledge of banking systems and financial instruments is an added advantage.
• Excellent communication and interpersonal skills.
• Attention to detail and accuracy in financial reporting.
• Knowledge in Form M and Forex Procurement.

Working Conditions:

• Mon-Sat (8 am - 6 pm) However Saturday is one day on, one day off.
• May require occasional overtime during peak periods or to meet deadlines.