• Application Deadline: Wed, 30 Nov 2022 00:00:00 GMT
• Position: Treasury Foreign Exchange Operations Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 - 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Duties / Responsibilities

FX Management:

• Manage the FX blotter and position


• Responsible for FX trading activities in a competitive manner. To facilitate the SARO Group’s need and position at any point in time


• Liaise with the SBUs on all FX related activities.


• Implement FX transactions in line with TGX risk framework and appetite of SARO Group


• Nurtures and maintains relationships with relevant regulatory agencies and other key stakeholders


• Liaising with the banks on Suppliers payments (foreign exchange)


• Ensure the average rate of the SBUs are monitored.


• Present the FX sourcing update fortnightly to the SBUs, Finance and auditors.


• Prime responsibility for ensuring compliance with price risk limits as agreed with risk/compliance.


• Liaise with the bank and supply chain on all FX related activities.


• Adhere to defined risk limits on FX sourcing.


• Market Update


• Daily FX update on micro and macro market economy as it relates to SARO Group


• Provide market feedback and market dynamics


• Disseminates market information in a timely useful, actionable format to support risk taking and revenue making potential


• Rates monitoring and regular review


• Interpret data, formulate reports and make recommendations


• Responsible for other duties assigned by the GMD/Treasurer from time to time.

Education and Experience

• B.Sc in Accounting or related courses


• 2– 5 years post-qualification professional experience


• Professional certification in accounting will be an added advantage


• Goods knowledge and use of Microsoft Office packages & ERP systems (Knowledge of Navision& SharePoint will be an added advantage).


• Age Requirement: 28 - 35 yearsrs old.