Treasury Associate
3 weeks ago
Job Purpose
- To ensure timely report on daily cash position for utilization of funds. To monitor and coordinate the banking transactions/activities of the organisation.
Core Responsibilities and Key Result Areas
Managing Cash Assets
- Prepare daily cash position report
- Monitor and follow-up with investment placement including interest and roll-overs
- Review imprest system
- Review daily sales and daily lodgement verification
- Vet payments to suppliers and ensure invoices are in order for payment
- Assist in listing vendors for payment
- Ensure the cash position is updated to inform the management about firm liquidity and where cheques are written.
Treasury Advisory
- Advise management on utilization of surplus funds
- Assist to evaluate the fiscal decisions of their organization and recommending the best possible course of action.
- Analyse the risks and rewards of various decisions on a regular basis
- Ensure the management understands the risks of any given financial decision and is aware of alternative decisions they might be better off making instead.
- Recommends fixed cash to yield interest for the company, in a case of availability of excess funds.
Bank Oversight
- Monitor daily bank balances to payment instruments are not issued on unfunded account.
- Manage bank POS terminals and deployment
- Maintain relationship with bank officials
- Ensure all treasury transactions are posted and reconciliation of GL and sub GL accounts
- Confirm and verify bank charges
- Review bank reconciliation report
- Monitor and ensure payment processes are strictly adhered to
- Assist in guiding the bank reconciliation process monthly
- Confirmation of cheques
Key Performance Indicators
- Provision of Daily cash report
- Provision of Bank Reconciliation Report
- Percentages of account balances reported daily
- Percentages of cash transactions reconciled daily
- Time taken to create month-end accounting journals for all treasury transactions
- Rate of compliance with internal controls especially on payments
- Accuracy of forecasted investment income
Knowledge Requirements
- Knowledge of Cash Management Principles
- Knowledge of banking systems and processes
- Knowledge of the Food/QSR Industry processes
- Knowledge of the Microsoft Excel software
Job Specifications
- A good first degree in Accounting or Finance
- Possession of a Post graduate degree in Accounting/Business Administration or related field is an added advantage
- Membership of the Certified Treasury ProfessionalCTP, ICAN, ACCA, CFA or any other related professional qualification is required, as well as courses on Treasury and Fund Management
- Minimum of 3 years in a core financial/treasury capacity
Decision Expectations
- Recommend operational, strategic and financial decisions
- Make recommendations to the management on best investment alternatives
- Enforce agreed decisions
- Assign work to subordinates
- Monitor subordinates’ work performance
- Appraise/evaluate subordinates’ performance
-
Treasury Assurance Associate
3 months ago
Lagos, Nigeria OUTSOURCE GLOBAL TECHNOLOGIES LIMITED Full timeThe Role: We are seeking a highly skilled and motivated Associate to join our Treasury Assurance team. The ideal candidate will play a crucial role in ensuring the accuracy, efficiency, and compliance of our treasury operations and have a strong background in treasury management, risk assessment, and financial analysis. Responsibilities include but are...
-
Treasury Assurance Associate
3 weeks ago
Lagos, Nigeria OUTSOURCE GLOBAL TECHNOLOGIES LIMITED Full timeThe Role: We are seeking a highly skilled and motivated Associate to join our Treasury Assurance team. The ideal candidate will play a crucial role in ensuring the accuracy, efficiency, and compliance of our treasury operations and have a strong background in treasury management, risk assessment, and financial analysis.
-
Associate Treasury Assurance
3 months ago
lagos, Nigeria Outsource Global Technologies Limited Full timeOur organization is a leading technology company that specializes in providing innovative solutions for digital payments and financial services across Africa and beyond. Our mission is to simplify payments for endless possibilities. With a focus on cutting-edge technology and a commitment to excellence. We are at the forefront of transforming the way...
-
Finance Associate
1 month ago
Lagos, Nigeria VendorCredit Full timeJob Summary:As a Finance Associate with Treasury Experience, you will play a key role in managing the organization’s financial operations, including cash flow management, investment strategies, and financial reporting.This position will focus on optimizing treasury functions such as liquidity management, bank relationships, and forecasting, while also...
-
Treasury Associate
3 weeks ago
Lagos, Lagos, Nigeria Food Concepts Plc Full timeJob PurposeTo ensure timely report on daily cash position for utilization of funds. To monitor and coordinate the banking transactions/activities of the organisation.Core Responsibilities and Key Result AreasManaging Cash AssetsPrepare daily cash position reportMonitor and follow-up with investment placement including interest and roll-oversReview imprest...
-
Associate Manager, Treasury
1 month ago
Lagos, Nigeria BIC Nigeria Full timeJOB SUMMARY This position will assist the Finance Manager, Nigeria to manage trade services, forex management, import and export documentation and working capital management.Responsible for the assessment, monitoring, planning and management of the efficient utilization of cash and financial services in a manner consistent with the objectives of the...
-
Associate Manager, Treasury
1 month ago
Lagos, Lagos, Nigeria BIC Nigeria Full timeJOB SUMMARY This position will assist the Finance Manager, Nigeria to manage trade services, forex management, import and export documentation and working capital management.Responsible for the assessment, monitoring, planning and management of the efficient utilization of cash and financial services in a manner consistent with the objectives of the...
-
Finance Associate
1 month ago
Lagos, Lagos, Nigeria VendorCredit Full timeFinance Associate with Treasury Experience Join our team as a Finance Associate with Treasury Experience and play a key role in managing the organization's financial operations, including cash flow management, investment strategies, and financial reporting. Key Responsibilities: Develop and maintain an accounting policy framework in compliance...
-
Finance Associate
3 weeks ago
Lagos, Lagos, Nigeria VendorCredit Full timeJob Summary:As a Finance Associate with Treasury Experience, you will play a key role in managing the organization's financial operations, including cash flow management, investment strategies, and financial reporting.This position will focus on optimizing treasury functions such as liquidity management, bank relationships, and forecasting, while also...
-
FX Trader
1 week ago
Lagos, Lagos, Nigeria Klasha Full timeAbout the RoleKlasha is in search of an FX Trader with particular expertise in Treasury, who will hone and craft Klasha's Treasury strategy and be responsible for leading the creation and implementation of a robust treasury operations function. ResponsibilitiesCash management: Ensure Klasha has adequate cash resources to meet its daily operating requirements...
-
FX Trader
1 week ago
Lagos, Nigeria Klasha Full timeAbout the RoleKlasha is in search of an FX Trader with particular expertise in Treasury, who will hone and craft Klasha’s Treasury strategy and be responsible for leading the creation and implementation of a robust treasury operations function. ResponsibilitiesCash management: Ensure Klasha has adequate cash resources to meet its daily operating...
-
Senior Tax Associate
3 weeks ago
Lagos, Lagos, Nigeria PepsiCo Full timeProvide support to the Treasury & Tax Mgr: Leadership, governance, monitoring, reconciling and administering of the Tax & Treasury process to achieve all targets set AOP and other non-financial targets within the financial control mandate. Specific focus:Taxation Management:Support tconsolidate and deliver timely, accurate and reliable tax calculations /...
-
Senior Tax Associate
3 weeks ago
Lagos, Nigeria PepsiCo Full timeProvide support to the Treasury & Tax Mgr: Leadership, governance, monitoring, reconciling and administering of the Tax & Treasury process to achieve all targets set AOP and other non-financial targets within the financial control mandate. Specific focus:Taxation Management:Support tconsolidate and deliver timely, accurate and reliable tax calculations /...
-
Senior Associate FX Trading
3 months ago
Lagos, Nigeria OUTSOURCE GLOBAL TECHNOLOGIES LIMITED Full timeThe Role: As a Senior Associate, FX Trading, your primary responsibility will be to build and develop a trading strategy for all major currencies in Africa & Europe. Additionally, deal structuring would be involved to service our concierge merchants, as well as pricing for our products (i.e remittance and others) Responsibilities include but are not limited...
-
ALM Risk Manager
3 weeks ago
Lagos, Lagos, Nigeria Rand Merchant Bank Full timeJob DescriptionThe Governance Framework for the Management of ALM Risk i.e., Liquidity Risk, Currency Risk, and Banking Book Interest Rate Risk provides the governance principles aimed at creating a robust process to assess, measure, monitor, and report these risks. RMB Nigeria's "RMBN's" Group Treasury is the extension of FirstRand Bank's Group Treasury and...
-
ALM Risk Manager
3 weeks ago
Lagos, Nigeria Rand Merchant Bank Full timeJob DescriptionThe Governance Framework for the Management of ALM Risk i.e., Liquidity Risk, Currency Risk, and Banking Book Interest Rate Risk provides the governance principles aimed at creating a robust process to assess, measure, monitor, and report these risks. RMB Nigeria’s “RMBN’s” Group Treasury is the extension of FirstRand Bank’s...
-
Senior Associate FX Trading
3 months ago
Lagos, Nigeria Outsource Global Technologies Limited Full timeOur Organization was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses (African and International) to make and receive payments in a convenient borderless manner. The Role: As a Senior...
-
Chief Financial Officer
3 weeks ago
Lagos, Lagos, Nigeria Trinity Financial Services Full timeJob DescriptionYour primary fiduciary responsibility shall be to ensure the financial health and integrity of the organization while supporting strategic growth initiatives. Your day-to-day reporting shall be to the CEO.You shall also note such specific responsibilities as embodied in the Articles of Association relating to financial reporting...
-
Director, Head Office
3 weeks ago
Lagos, Lagos, Nigeria Moniepoint Inc. Formerly TeamApt Inc. Full timePosition Overview: The Director, Head Office & Branch Operations Audit shall align Internal Audit strategy with the overall business strategy of Moniepoint Group and act as an early warning system for business and financial risks, support business ethics and integrity initiatives. This role requires someone who is organized and methodical who has very strong...
-
Director, Head Office
3 weeks ago
Lagos, Nigeria Moniepoint Inc. Formerly TeamApt Inc. Full timePosition Overview: The Director, Head Office & Branch Operations Audit shall align Internal Audit strategy with the overall business strategy of Moniepoint Group and act as an early warning system for business and financial risks, support business ethics and integrity initiatives. This role requires someone who is organized and methodical who has very strong...