Treasury Officer (Upstream Oil and Gas) at Ralds & Agate

Description 

• The Treasury Officer will support the corporate strategy of the business with the view to ensure its consistent and continued custody and management of all company funds through complete documentation of all bank and cash transactions and maintaining up-to-date records of the company’s receivables and financial transactions.
• Analysing account balances for validity and ultimately feeding the users with accurate financial information

Treasury Duties:

• Timely posting of receivables into the upstream companies' financial system.
• Timely collection and receipt of all crude proceeds and cash calls
• Enforces policies, procedures and internal controls related to receivables management.

Accountabilities
Treasury:

• Makes all payments- writes and issues cheques, prepares telegraphic transfer instructions (Naira and Foreign currency)
• Monitors and processes banking transactions in collaboration with the Management and Project Accountant
• Liaison with various banks where company accounts are maintained.
• Enforces policies, procedures and internal controls related to bank and cash operations.
• Prepares and submits a weekly cash report for all bank accounts.
• Assists with cash flow planning so that all debt payments and other obligations are paid timely and ensure accurate and timely transfer of funds to meet foreign payment obligations.
• Handling of Treasury-related queries.
• Ensure timely disbursements and retirements of staff advance.

Requirements

• A Bachelor’s Degree in Accounting, Economics or a relevant field.
• Must have commenced ICAN examination with Skills level passed at a minimum.
• At least 3-5 years post-NYSC work experience in a similar role.
• Must possess a very sound knowledge of basic accounting.
• Must be able to do simple analysis and interpretation of financial transactions.
• Ability to maintain strong relationships with external parties and internal colleagues.
• Knowledgeable in IFRS.