• Application Deadline: Mon, 20 Feb 2023 00:00:00 GMT
• Position: Chief Operating Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 10 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

• Our client, a key player in the insurance sector is seeking to engage the services of a CHIEF OPERATING OFFICER in one of its subsidiaries.

JOB DUTIES/RSPONSIBILITIES

• Generate new businesses, maintain strong client relationships and ensure profitability


• To efficiently manage the treasury function of the organization


• Ensures treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal control.


• Source funds required for the company’s operations


• Oversee Cash flow forecasts for weekly and monthly cash inflows and outflows


• Provides financial planning, budgeting and reporting activities, while also develop, implement and support financial modelling and analysis for budgeting and forecasting.


• Provides timely and accurate financial projection updates, identifying risks & opportunities along with recommendations.


• Protect company’s margins through control and reduction of finances costs


• Manage the risk asset portfolio of the organization.


• Carry out operations in accordance with internal and CBN regulations


• Ensures compliance with internal controls, policies and procedures


• Develops and implements asset and liabilities, liquidity and maturity risk


• Understands market sentiments, take advantage of market trends and predict future market behavior.


• Measures, Monitors and controls interest rate risk (IRR)


• Monitors the firm cash and liquidity position and ensures that the treasury risk limits and statutory reserve requirements are adhered to on daily basis.


• Monitors interest rates and ensure rates are consistent with the firm policies

Experience

• Should possess at least 10 years relevant experience of which at least five (5) must have been at a senior and strategic management level.


• Between 5/10 Years’ experience of successful commercial management.


• Highly developed and finely tuned experience of setting strategic direction.


• Experienced in producing and developing strategic business plans


• IFRS knowledge


• Financial Reporting Council of Nigeria Act, 2011


• CBN Monetary Guidelines


• Pension Reforms Act 2014


• Global best practices in Treasury Management


• Knowledge in Back-Office Support for corporate Treasury


• Extensive experience in liquidity Management and accounts payable settlement


• Conversant with up-to-date treasury products, policies and accounting rules

Qualifications

• First Degree or its equivalent in related disciplines from a reputable tertiary institution


• Membership of a relevant professional association e.g., ICAN, CIS, CIBN, ACCA, etc.


• A Masters and/or Doctorate degree in the social science will be an advantage