Treasury Officer- Payments at CapitalSage Technology Limited

Job Description

• The Treasury Officer-Payments ensures fund transfers, vendor payments and other financial transactions are accurately initiated and executed, while ensuring compliance with internal controls and regulatory requirements.

Funds Transfer & Vendor Payments

•  Initiate and execute local and international fund transfers, ensuring compliance with company policies and regulatory guidelines.
•  Process vendor payments promptly, verifying accuracy and completeness of payment requests.
•  Liaise with vendors and internal departments to resolve payment-related queries or discrepancies.

Payment Processing & Documentation

•  Ensure all payments are processed accurately and within the stipulated timelines to avoid delays and penalties.
•  Maintain proper documentation for all payments, including approvals, invoices, and supporting documents, ensuring compliance with audit and regulatory requirements.
•  Verify payment instructions to minimize risks related to fraud, duplicate payments, or errors.

Electronic Payment & Banking System Management

• Upload payment files to Enterprise Resource Management (ERM) systems and banking portals, ensuring correct authorization is obtained before processing.
• Monitor the status of uploaded payments and follow up to ensure successful execution.
• Troubleshoot and resolve any issues related to ERM and banking portal transactions.

Payment & Treasury Reporting

• Ensure accurate and timely recording of all financial transactions in the company’s general ledger.
• Prepare periodic reports on payments, cash flow, and liquidity status for management review.
• Maintain an up-to-date payment schedule and ensure transparency in financial reporting.
• Monitor and manage payment accounts to ensure sufficient liquidity for business operations.
• Provide analysis and insights on payment trends and recommend improvements where necessary.

Requirements

• B.Sc. in Accounting, Banking & Finance.
• Professional qualifications such as ACA, ACCA, or CFA will be an added advantage.
• A minimum of 1 to 2 years of relevant experience.
• Strong computer literacy is essential, with advanced proficiency in Microsoft Excel.
• knowledge of Nigerian Accounting Standards and International Financial Reporting Standards (IFRS).