Job Position for a Treasury Manager at Cumbrian Consult Limited in Lagos
Cumbrian Consult Limited - Our client is searching for an experienced professional who is proactive and passionate to fill the position below:
Job Title: Treasury Manager
Location: Lagos (but may require some travel outside Lagos).
Job type: Full Time
Job field: Finance/ Accounting/ Audit
Reports to: Chief Finance Officer (CFO)
Job Description
- To succeed in this position, candidates should have excellent communication, computer and problem-solving skills.
- He/she must be analytical, resourceful, adaptable, organized and able to work well under pressure.
Responsibilities
The Treasury Manager will be responsible for the following key functions among others:
- Cash management functions such as cash concentration, account funding, local and international bank transfers as well as ensuring adequate liquidity for working capital needs and investing excess cash.
- Reviewing and recommending changes to the organization’s investment policies based on the market conditions as well as assessing treasury performance benchmarks and recommending changes when necessary.
- Evaluation, development and implementation of cash management systems to optimize efficiency.
- Conducting benchmark studies on banks /other financial institutions and their services to evaluate capacity and compatibility for the organization’s needs.
- Developing and monitoring Treasury operations policies and ensuring compliance with the organization’s internal controls, policies & procedures.
- Overseeing and strengthening relationships with all banks and financial institutions as well as negotiating all bank and service fees.
- Forecasting daily cash requirements as well as daily company income and interest expense.
- Determination (with the CFO) of the organization’s tax position and the applicability of taxable/non-taxable instruments.
- Reconciliation of all daily cash receipts, daily bank deposits, daily POS transactions and petty cash transactions.
Key Performance Areas:
- Liquidity & Cash Management.
- Forex, Commodity & Interest Rate Exposure Management.
- Treasury Operations and Accounting.
- Risk Management & Policy Compliance.
- Funding & Investment Management.
Education/ Professional Qualification
- A Degree in Finance, Accounting, Business Management or other related field. A Post-graduate degree will be an added advantage.
- Should be a Member/Fellow of a recognized Accounting professional body: ICAN, ACCA, CIMA, etc.
Experience:
- Minimum of 10 years' experience in Treasury Management with 7 years at Management/Leadership levels.
- Extensive experience in preparing cash forecasts, cash flow analysis and building financial models.
- The ability to lead and coach a team towards the achievement of departmental and organizational goals is fundamental.
- Age: The ideal candidate should not be less than 38 years old.
- Industry or previous work experience in a retail/Fast Moving Consumer Goods (FMCG), Telecommunication or Manufacturing environment.
Key Skills & Competencies Required:
- Strong analytical, financial and IT Skills (Familiarity with the use of an ERP application is an advantage)
- Excellent collaboration, verbal and written communication skills
- Excellent Presentation skills.
- Relationship Management.
- Critical thinking and decision making skills.
- Knowledge of investment portfolio strategy, banking and financial instruments.
- Accuracy and strong attention to detail.
Remuneration
A Highly competitive salary plus other benefits.
How to Apply
Interested and qualified candidiates should send their CV to:
[email protected] title your email "Treasury Manager".
Note: Only shortlisted candidates will be contacted.
Application Deadline: 18th March, 2019.