Position Title: Treasury Assistant
Leadership Passage: Manage self
Job Grade: 33/34
Reports to: Treasury Executive, Nigeria.
Function: Finance
Location: Lagos


Job Purpose:

The job holder will proactively support to execute Treasury & Cash Management processes such as, cash management, Import, Foreign exchange transactions management, Insurance risk management, credit facilities, and banking relationships.


Principal accountabilities:

Business/Operational Results

 Provide proactive support (within the global treasury strategy framework) in order to implement opportunities for enhancing treasury effectiveness and to assist teams in delivering the global Treasury strategy.
 Execute treasury management activities following agreed global standard processes and frameworks
 Effective monitoring of cash status in all A/B Group banks to ensure compliance with mandates and counterparty limits.
 Effective monitoring of all trade transactions to ensure payments are made timely and proper ledger posting of the transactions.
 Ensure that discrepancies in documentation by suppliers are sorted out quickly to facilitate supplier payment.
 Efficient allocation of transactions and receipts across banks.
 Effective Foreign exchange bids at inter-bank and export proceeds utilisation.
 Identify opportunities and implement for continuous improvement with regard to treasury management processes and systems.

Leadership Results

 Ensure that employees are aware of regulations governing foreign exchange and other transactions.
 Ensure Treasury operating procedures and control systems are implemented throughout the company.


Management Results

 Timely and accurate maintenance of the LC & Bills tracker.
 Timely preparation of monthly clearing journals to GL and other reports.

Relationships Results

 Effectively interface with other finance functions (including AP, GL, and Marketing Finance) to achieve targets and accurate reporting.
 Effective relationship with banks to achieve competitive costs, support and improved services.

Business context
 The Treasury Assistant will work with and report directly to the Treasury Executive.

 The Treasury Executive will add value by driving innovative solutions that support Treasury operations.

Innovation Results (Internal & External)
 Play a lead role in the periodic review of treasury manual and other policies.
 Drive the pooling initiative

Relationships

External:
 Banks
 CBN
 NOTAP

Internal:
 Financial Accounting
 Operations Finance
 Finance shared service centre – Collaborate closely with FSC to deliver effective treasury services.
 Supply Chain- Collaborate closely with Supply Chain Team in ensuring FX transaction documentation and OTIF settlement of foreign vendors.
 All employees requiring foreign exchange allowable by the CBN
 Treasury Manager

Knowledge, Skills & Experience

 Degree educated with related professional qualification i.e. (ACA, ACCA, CIMA, CPA)
 Minimum 1-5 years’ experience in an FMCG or similar environment
 In depth knowledge / experience in one or more specialist treasury activity
 Thorough understanding of Accounting principles
 Excellent interpersonal skills
 Good written & oral communication skills


Pls Qualified candidates should send CVS to sixtobox@yahoo.com

Note: You will not be contacted if you do not meet these requirements.