Finance and Treasury Manager at AAA Finance and Investment Company Limited

Job Overview

• The Ideal candidate will be responsible for managing the treasury functions.
• As the Finance and Treasury Manager the candidate will be overseeing the daily funding and investing requirements whilst identifying new funding opportunities.
• You will also be managing the liquidity requirements in accordance to the funding plan and liquidity management strategy to ensure adequate cash flow management.

Job Responsibilities:

• Enforce Global Treasury Policies and implement group treasury standards.
• Comply with Internal Controls requirements and promote awareness and understanding of agreed processes
• Supervise and coordinate the confirmation, settlement and reconciliation of treasury transactions of the company with banks in Nigeria.
• Keep KYC / Open Maintenance and close of bank accounts
• Ensure that all Treasury Back office controls are being carried out.
• Approve payments and treasury transactions in the e-banking platforms (according to payment proposal and approved payments).
• Monitor weekly cash Flow and payment proposal to analyze execution.
• Consolidate monthly payment proposal to analyze current month cash position vs 3months forecast
• Assist with preparation of short and long-term cash flow budget and forecast reports as required.
• Monitor the review and approval of all bank reconciliations, according to Group and SOX Policies. Monitor, Review and approve Petty Cash reports, deposited funds, Held Checks.
• Monitor consolidation of monthly AP/AR reports. Follow up with each local team regarding un-reconciled differences.
• Assist with annual audit requirements.
• Other Ad hoc reports assigned by Management.

Minimum Required Qualification

•  First degree (BSc/HND) in Finance, accounting, business or another related field
•  5-7 years of experience In Finance and Treasury management

Required Skills & Competencies

• Management of Microsoft Dynamics ERP preferably, large knowledge of; Office Excel, PowerPoint and Outlook.
• Knowledge of Bank reconciliations, Bank transfers and KYC processes
• Proven ability to communicate with key stakeholders at an Executive and Board level
• Understanding of legislative and regulatory requirements
• Understanding and experience of treasury accounting including liquidity, cash-flow and various financial instruments
• Sound understanding of accounting principles
• Strong understanding of financial markets, financial instruments and debt instruments
• Knowledge of banking relationships and covenants