Latest Jobs at CapitalSage Technology Limited

About the job

• Investor Relation Associate- Corporate Finance is to ensure compliance with financial covenants in debt agreements by tracking, analyzing, and monitoring key financial ratios. The Associate is also expected to maintain an up-to-date database of loan covenants, identifying potential breaches, and escalating risks with recommended actions, while coordinating with internal departments for timely submissions of all required reports.

Covenant Tracking & Compliance Monitoring

• Track and analyze financial covenants in debt agreements to ensure ongoing compliance.
• Review loan agreements and identify key financial covenants, terms, and conditions.
• Calculate and monitor key financial ratios such as debt-to-equity, interest coverage, and liquidity ratios as specified in loan agreements.
• Monitor and verify compliance with covenant requirements, ensuring timely identification of potential breaches and assessment of potential risks.
• Provide insights and recommendations on maintaining compliance with financial covenants.

Database Management & Compliance Deadlines

• Maintain an up-to-date database of loan covenants, key terms, and compliance deadlines.
• Ensure all covenant-related data is accurately recorded and accessible for internal and external reporting.
• Track and update covenant status regularly, flagging any approaching deadlines or risks of non-compliance.

Risk Identification & Escalation

• Identify potential covenant breaches early and assess their financial and operational impact.
• Escalate compliance risks to the Corporate Finance Manager along with recommended corrective actions.
• Support the development of risk mitigation strategies to address potential breaches.

Covenant Compliance Reporting

• Prepare and submit covenant compliance reports to relevant stakeholders, including lenders, auditors, and internal management.
• Ensure reports are accurate, well-documented, and submitted within specified deadlines.
• Respond to inquiries from lenders and auditors regarding covenant compliance and financial ratios.

Cross-Departmental Coordination

• Collaborate with Finance, Treasury, and Legal teams to ensure the timely collection and submission of financial data for compliance reporting.
• Facilitate discussions between internal stakeholders to address covenant-related concerns and ensure alignment on reporting requirements.
• Support negotiations with lenders by providing accurate covenant compliance data and insights.

Requirements

• B.Sc. in Accounting, Economics, Banking & Finance.
• Professional qualifications such as ACA, ACCA, or CFA are an added advantage.
• Strong computer literacy is essential, with advanced proficiency in Microsoft Excel.
• A minimum of 4 to 5 years of relevant working experience in corporate finance and/or Development Finance Institution (DFI) financial covenant tracking.
• In-depth knowledge of Nigerian Accounting Standards and International Financial Reporting Standards (IFRS).
• Advanced user of Microsoft Excel.
• Strong analytical skills and the ability to interpret complex financial data.
• Proficiency in financial modelling and data analysis.
• Excellent communication skills. Strong interpersonal and relationship-building skills.
• High level of attention to detail.

go to method of application »

About the job

• The Treasury Analyst- Accrual Management ensures accurate recognition of accrued interest and principal repayments in financial statements by tracking loan facilities and aligning them with amortization schedules. The analyst is also expected to monitor FX exposures on foreign currency loans, accruing for potential FX gains or losses, and maintain a rolling cash flow forecast to support liquidity planning. 

Accrued Interest Calculation & Loan Tracking

• Calculate and track accrued interest on all loan facilities for accurate monthly recognition in financial statements.
• Ensure proper documentation and reporting of accrued interest in compliance with accounting standards.
• Reconcile interest accruals with lender statements and resolve any discrepancies.

Loan Repayment Scheduling & Accruals

• Schedule and accrue principal repayments in alignment with loan amortization schedules.
• Ensure timely recognition of repayments to maintain accurate financial records.
• Work closely with Finance and Treasury teams to forecast repayment obligations and ensure sufficient liquidity.
• Develop and maintain a rolling cash flow forecast incorporating DFI obligations, interest payments, and operational expenditures.

Foreign Exchange (FX) Exposure Monitoring

• Track FX exposures related to foreign currency-denominated Development Finance Institution (DFI) loans.
• Monitor exchange rate fluctuations and assess their impact on loan obligations.
• Accrue for potential FX losses or gains on facility obligations to ensure accurate financial reporting.
• Working Capital Optimization & Cost Reduction
• Identify opportunities to optimize working capital and minimize borrowing costs.
• Recommend strategies for efficient debt structuring and interest cost management.
• Assist in evaluating alternative financing options to improve financial flexibility.

Reporting & Compliance

• Prepare and submit reports on accrued interest, FX exposures, and cash flow projections.
• Ensure compliance with internal policies, loan agreements, and regulatory requirements.
• Collaborate with auditors and finance teams to support financial audits and reviews.

Requirements

• B.Sc. in Accounting, Banking & Finance. 
• Professional qualifications such as ACA, ACCA, or CFA will be an added advantage. 
• A minimum of 3 to 4 years of relevant experience in accrual-based accounting and cash flow management. 
• Strong computer literacy is essential, with advanced proficiency in Microsoft Excel. 
• In-depth knowledge of Nigerian Accounting Standards and International Financial Reporting Standards (IFRS).