Our clients is a fully integrated and efficient downstream player with leading positions in the oil and gas industry
POSITION : Treasury Manager
Description
Sourcing for funds for the organisations’ working capital at cheapest price possible.
Effective management of the companies’ cash flow to balance dry working capital situation with holding of idle funds.
Management of the payment system and policies with the utmost aim of optimizing utilisation of available funds
Monitoring of vendors’ data master file
Coordinating the companies’ borrowing activities with the banks and other financial institutions.
Providing professional advice as regards management of excess cash and cash flow forecasts
Coordinating the companies’ general banking relationships and alliance for efficient banking services delivery
Creating and maintaining correspondences with banks and Insurance companies
Maintenance of the companies’ insurance portfolio and coordinating both the Insurance renewal and Insurance claim processes
Preparation of the annual Banking Resolution for review of the CFO and subsequent submission to board for approval.
Managing Trade finance operations
Coordinating the process of Establishment of Letter of Credit to finance importation of products
Monitoring of Letter of Credit life span to ensure funds are made available for its liquidation as at when due.
Evaluation of various refinancing options for overdue Letters of Credit.
Coordination all foreign direct remittance for offshore services, training and purchases
Rendition of daily Assets and liabilities position for the group account preparation.
Coordination of the preparation and rendition of daily Income and Expenditure reports for the Executive management review
Daily review of banks’ balances and position for management daily decision making.
Preparation and presentation of other management accounts for management decision making.
Submission of required documents to the DPR and PPPRA on all established Letters of Credit for PMS importation
Processing of PPPRA advice for payments of PPPRA Administrative and PEF charges in anticipation of receipt of SDN
Coordination of SDN redemption from Central Bank Of Nigeria and DMO through our bankers.
Management of correspondence on PPPRA receivables with the DPR, DMO, PPPRA and CBN
Ensuring that PPPRA receivables are accurately represented in our books
Expectations
B.Sc in Accounting or any other relevant social science subjects.
Professional Qualification in Accounting e.g ICAN, ACA etc
MBA will be an added advantage
Good analytical mind and advance mathematical skills
Must be a proven team leader
Goal oriented and Target driven
Great interpersonal skill
Communication skills
Proficiency in the use of Microsoft Word and Excel
At least 15 years experience in a related position or banking environment
Experience in investment banking and treasury operations
International trade finance
Honest and dedicated
Paying attention to details
Ability to work without supervision
Impeccable Integrity
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