• Application Deadline:
• Position: Manager - Banking and Cash Management


• Job Type Full Time



• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 6 - 13 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Mission

• To manage MTNN banking relationships, cash management and short-term investments and maximize financial returns on MTNN assets and mitigate financial risk.

Description

• Support the development and maintenance of systems projects to manage and improve cash flow and banking information


• Prepare board paper and memoranda as it relates to banking and other related projects.


• Develop and obtain approvals for implementing appropriate policies and procedures. 


• Manage Cash or Liquidity:


• Control cash exposure for bank accounts; inclusive of setting appropriate risk ratings and levels.


• Direct payments via appropriate bank account channels.


• Ensure cash availability in banks meet MTNN’s operational needs.


• Monitor inter-bank transfers, cash sweeps and other transfers.


• Articulate a broad based knowledge of the basics of the different company functions, cause and effect across these functions in terms of financial and treasury decisions taken


• Take appropriate managerial action to ensure targets are met or exceeded when routinely monitored (sales, trend, and profitability analysis, profit margins, return on investment (ROI), market share and value). 


• Manage MTNN short term local and offshore investment placements applying ‘SLY’ principle for MTNN and its subsidiaries.


• Ensure that MTNN optimizes its returns based on agreed Weighted Average returns on Maturity.


• Manage liquidity and concentration risk across MTNN banks.


• Mitigate MTNN exposure to financial institution. 


• Advise and provide internal consulting service to General Manager Treasury and other parties within Finance. 


• Review performance of individual team members and complete appraisals in accordance with the employee performance appraisal procedures and time schedules.

Education:

• First degree in Accounting, Economics, or any other Finance related discipline.


• A professional Finance or Accounting qualification (ICAN, ACCA, CPA, CIMA,).


• A post graduate degree is an added advantageous.


• Fluent in English.

Experience:

• 6 - 13 years’ experience which includes:


• Minimum of 3 years’ experience in an area of specialization; with experience in supervising/managing others.


• Experience working in a medium to large organization.


• Experience in a treasury function in a reputable organization in the financial services sector or multinational corporate treasury experience.


• Experience in international trade finance, foreign exchange activities and cash management.


• Extensive bank reconciliation experience.


• Cash, interest rate, foreign exchange and derivative market experience.