Treasury Officer (TO) at Baobabplus

Job Summary

• Working under the Treasury Manager and is responsible for supporting the bank’s liquidity management, funding activities, investment decisions, and financial risk control.
• The role ensures optimal cash utilization, regulatory compliance, and efficient execution of treasury operations and its internal controls in line with the bank’s strategic objectives.

Main Duties and Responsibilities

• Preparation of Treasury Journals for posting before 20th of the month and 1st for EOM key activities.
• Monitor cash balances across head office and branches to prevent idle funds or shortages.
• Manage vault cash, settlement accounts, and correspondent bank balances to ensure funds are properly utilized and surplus funds invested with approved counterparties or in Nigerian Treasury Bills.
• Prepare and track daily liquidity reports for management review.
• Develop short- and medium-term cash flow forecasts incorporating: Loandisbursement, Loan repayment inflows and Deposit withdrawal patterns
• Identify liquidity gaps early and recommend corrective actions.
• Monitor cost of funds, track yields, and ensure prompt rollover of maturinginvestments.
• Perform daily and monthly bank reconciliations for all bank accounts
• Investigate and resolve reconciling items (e.g., outstanding lodgments, unpresentedcheques, bank charges etc.)
• Monitor and clear long-outstanding reconciliation items
• Prepare and submit reconciliation reports for review and approval
• Process local and international fund transfers (RTGS, NEFT, SWIFT, etc.)
• Ensure all transfer requests are properly authorized
• Maintain accurate records of all fund movement transactions
• Monitor bank accounts to ensure adequate funding before transfers
• Management of the Deposit Concentration Risk and Report.
• Conduct basic ALM analysis: Maturity mismatch analysis
• Support in preparing monthly ALCO report.
• Execute and confirm all treasury transactions (placements, investments, funding).
• Ensure proper documentation and audit trails for all transactions
• Ensure compliance with all regulatory ratios
• Support CBN examinations, external and internal audits exercise.
• Maintain active relationships with internal and external stakeholders
• Assist in preparing all Treasury reports
• Monitor any foreign currency exposures and ensure compliance with CBN FXguidelines.
• Monthly proof of all Treasury Assets and Liabilities General Ledgers.

Qualifications

• BSC or HND in Finance, Accounting, Economics, or related field
• 2–5 years’ experience in treasury or banking (preferably MFB or other financialservices)
• Professional certifications (ACA, ACCA) are advantageous
• Strong understanding of Nigerian financial system and CBN regulations
• Excellent communication and interpersonal skills, with the ability to effectivelycollaborate with cross-functional teams and stakeholders.
• Strong analytical and problem-solving skills, with the ability to promptlyidentify and address project risks and issues.

Required Skills:

• Knowledgeable: Practical understanding of microfinance liquidity dynamics
• Behavioral Skill: Strong integrity and compliance orientation
• Analytical Thinking: Strong analytical and problem-solving skills, with goodjudgment and ability to identify and address issues proactively.
• Adaptability: Ability to thrive in a fast-paced, dynamic environment, operate in a leanteam (hands-on execution) and manage multiple projects simultaneously.
• Attention to Detail: Meticulous attention to detail, ensuring accuracy and quality inall project deliverables.
• Negotiation Skills: Strong negotiation and conflict resolution skills, able to resolvedisputes and drive consensus among stakeholders.

Technical Competence:

• He/she must be trained and proficient in the use of all basic and several advancedMicrosoft Office applications, Banking and Accounting software including:
• Microsoft Advance Excel, Word, PowerPoint, and Access.
• Globus Temenos T24 Banking Application
• Sage Pastel and Sage X3 Accounting Package
• Financial analysis and modeling tools
• In-depth knowledge of IFRS and FRCN Rules/