Treasury Operations Analyst at HBM Nigeria Plc (Formerly Lafarge)

About the Job

• The Treasury & Trade analyst will manage treasury operations, trade finance activities, and banking relationships. 
• The role holder will be responsible for processing and reconciling treasury and trade transactions, managing Letters of Credit (LCs), foreign exchange (FX) activities, bank reconciliations, and ensuring accurate financial reporting and SAP postings.

What you'll be doing

Health & Safety:

• Ensure that safety rules and standards are maintained always.
• Trade Operations
• Ensure documentation for Letters of Credit imports and FormM is dealt in fast turnaround time
• Ensure all trade transactions paid by Bank on SAP are posted within 7 days of creation of the noted items. F-53
• Develop journals for the GL team with regard to all trade transaction postings- FX purchases, forwards, Debit to account for Trade-related transactions
• Develop and submit payment report to be shared on the 3rd of every month, outstanding Liabilities to Vendor & Bank on the5th of every month and other Contingent reports by the 3rd of every month
• Spool the vendor due payments with the Banks for FXpurchases every fortnightly and close all LC discrepancies with the Banks on payment every month
• Manage Charges on transactions are reviewed in line with existing facility approvals.
• Collaboration with Banks to Manage Trade reports are shared as at when due,
• Collaboration with internal Stakeholders: Industrial,Procurement, shipping teams for smooth operations as related to documents for processing LCs, postings transaction andpayment on already shopped goods
• Manage all Letter of Credits (LC) for the suppliers
• Manage that unlisted LC balances are refunded on a timely basis
• Manage all LC documentations are finalized within a stipulated period of time.
• Coordinate all activities surrounding the Credit and Debit card e.g issuance, Loading, reimbursement, settlement and replacement
• Assist in preparing all Trade and FX Treasury related account schedules are prepared and submitted to the Head of Accounts for external audit purposes within the timeline specified.
• Ensure that audit secularization issues from the bank related to Trade and FX transactions are delivered to the banks and all discrepancies are reconciled.
• Ensure prompt processing of all manual payments outside auto-pay
• Review of cash report to ensure Banks entries are correct
• ​Attend to statutory payment via the Remita platform to ensure the Remita receipt is generated by the bank and shared with the requestor.

Requirements

• HND/BSc (Accounting, Economics, Statistics, Banking & Finance etc.) ACA/ACCA
• 3 years demonstrated experience Treasury Operation management
• Good knowledge of Microsoft Excel
• Banking Regulations
• Trade & FX management
• Treasury Operations Management
• Familiarity with SAP systems
• Accounting principles
• Experience in a Logistic Service provider with emphasis on trade management will be an advantage.