• Application Deadline: Sat, 5 Apr 2025 00:00:00 GMT
• Position: Treasury Controller



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 3 - 5 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Description

Bank Charges and Loan Management.

• Prepares, controls, verifies, and reconciles bank loan interests, charges, and incomes and liaises with banks where necessary


• Maintains periodic financial information as may be required by management, lenders, and regulatory authorities.


• Prepares monthly journals/accruals for bank charges, interests, fees, and incomes and ensures accurate booking in SAP.


• Prepares and updates database of all company loans and monitors compliance with loan covenants.

Bank Bonds and Guarantee Management

• Maintains a database of bonds and guarantees issued and received by the Company.


• Performs monthly review of the status of existing Bonds and Guarantees.


• Provide information and reports as required by management.

Compliance and Risk Management

• Implements Company’s cash management rules, procedures and internal control requirements in line with Group Rules.


• Participates in financial and counter-party risk analysis, including banks’ soundness (credit rating).


• Prepares monthly SOX control documentation and compliance issues and manage the assessment process for Treasury.


• Reviews / updates existing procedures and documents new processes as the job evolves.

Reporting and Administration

• Prepares weekly Treasury report and contribute to the production of monthly Treasury Tableau de Bord


• Coordinates external reporting obligations of Treasury Department to Central Bank of Nigeria (CBN).


• Documents monthly bank statements and contributes to monthly bank reconciliation processes


• Monitors and updates key economic indicators, including foreign exchange, inflation, and interest rates


• Monitoring/Updating of interest rates and foreign exchange rates on daily basis for business decision.


• Updates monthly treasury workbook with actual payments and receipts

Banking Relationship

• Participate in building relationship with key financial institutions and agencies in Nigeria


• Prepares, despatches, and maintains database of all correspondence with banks

Job Requirement

ACCOUNTABILITIES

• Prepares accurate schedule of bank charges, interest income, and other financial cost/income in line with approved terms


• Maintains adequate database for loans, bonds, guarantees, and bank statements to guarantee integrity of financial data


• Maintains schedules of foreign exchange rates, inflation, and interest rates to aid management decision-making


• Prepares and monitors a check-list of loan covenants to ensure the Company complies with its financial obligations


• Prepares monthly treasury workbook for forecasting accurate cash position during PDCs and Budget exercises


• Maintains database of letters and memos to ensure the integrity of communications with stakeholders


• Compliance with established company rules and government policies, monitoring controls to prevent errors and fraud

QUALIFICATIONS / EXPERIENCE REQUIRED

• Minimum education qualification HND/ BSc. in Finance/Accounting/Banking/Economics


• 3-5 years relevant post-graduation experience in Finance/Accounting/Banking/Treasury function.


• Good organisational, analytical, communication, and Inter-personal skills) and good knowledge of Microsoft Office.