Nestle Nigeria Plc is a publicly listed food and beverage specialty company headquartered in Lagos. It is majority owned by Nestle S.A. of Switzerland. The company was founded in 1961 and conducted trading under the name of Nestle Products Nigeria Limited.

Nestle Nigeria is currently recruiting to fill the underlisted position. Nestle Nigeria Plc upholds the principle of Non- Discrimination and Equal Employment Opportunities in its recruitment processes.

Job Title: Treasury Officer

Location: Lagos

Schedule: Full-time

Responsibilities

You liaise with banks and other departments in the Company to ensure that road blocks to payment of foreign vendors’ invoices in good time are cleared- e.g. documents discrepancies, expiration of bills, unposted invoices to vendor’s accounts, Missing Final Exchange Control Document (FECD) etc.

Analyze and report LC deposit(s) for imports and recover excess FX from the banks.

Advise Nestle Treasury Centre (NTC) on bills that are due for payment, to trigger sourcing of FX and negotiate rates with the banks for foreign exchange, to complete payment process to the foreign vendors.

Prepare bank letters daily for payment of foreign invoices that are due for payment.

Advise NBS of payment made, and reconciliation of Vendors accounts to reflect payments made.

Prepare and report weekly, the Company’s FX exposure and circulates to relevant stakeholders.

Track Form M which have been duly established with the banks, to ensure that the related Letters of Credit (LC) are opened for all imports, within reasonable time, to avoid stock out of materials in the Company.

Update Treasury Tracker daily for Form M, LCs, Duty Receipts, Pre-Arrival Assessment Report-PAAR, Shipping documents, Forex (FX) Bids, (FECDs) etc.

Interested? See qualification and application details here>>>https://www.infomaza.com/vacancy-nestle-nigeria-plc-treasury-officer-lagos