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Assistant Manager Treasury At Adexen Recruitment Agency - Oil And Gas

Date Posted: 24/May/2014
Deadline: 06/Jun/2014
  • Specialization Admin / Finance
  • Industry
  • Experience 0 year(s)
  • Location Nigeria

Introduction

  Adexen Recruitment Agency is mandated by a fully integrated and efficient downstream player with leading positions in the oil and gas industry to recruit an Assistant Treasury Manager for its operations in Nigeria

Company

Our client is a fully integrated and efficient downstream player with leading positions in the oil and gas industry

 

Job description

  •  The job holder will coordinate the treasury staff for productivity optimization towards achieving the organizational goals and objectives. He will develop a healthy relationship with bankers, insurance companies and regulatory authorities while serving as liaison officer between them and the companies.
  • The Assistant Manager Treasury is responsible for provision of necessary professional support to the CFO in the area of Corporate Funds management

 

Requirements

  • Sourcing for funds for the organisations’ working capital at cheapest price possible.
  • Effective management of the companies’ cash flow to balance dry working capital situation with holding of idle funds.
  • Management of the payment system and policies with the utmost aim of optimizing utilization of available funds.
  • Monitoring of vendors’ data master file
  • Coordinating the companies’ borrowing activities with the banks and other financial institutions.
  • Providing professional advice as regards management of excess cash and cash flow forecasts.
  • Coordinating the companies’ general banking relationships and alliance for effecient banking services delivery
  • Creating and maintaining correspondences with banks and Insurance companies
  • Maintenance of the companies’ insurance portfolio and coordinating both the Insurance renewal and Insurance claim processes
  • Preparation of the annual Banking Resolution for review of the CFO and subsequent submission to board for approval.
  • Coordinating the process of Establishment of Letter of Credit to finace importation of products
  • Monitoring of Letter of Credit life span to ensure funds are made available for its liquidation as at when due.
  • Evaluation of various refinanacing options for overdue Letters of Credit.
  • Coordination all foreign direct remittance for offshore services, training and purchases
  • Rendition of daily Assets and liabilities position for company group account preparation.
  • Coordination of the preparation and rendition of daily Income and Expenditure reports for the Executive management review
  • Daily review of banks’ balances and position for management daily decision making.
  • Preparation and presentation of other management accounts for management decision making.
  • Submission of required documents to the DPR and PPPRA on all established Letters of Credit for PMS importation
  • Processing of PPPRA advice for payments of PPPRA
  • Administrative and PEF charges in anticipation of receipt of SDN.
    Coordination of SDN redemption from Central Bank Of Nigeria and DMO through our bankers
  • Mangement of correspondence on PPPRA receivables with the DPR, DMO, PPPRA and CBN
    Ensuring that PPPRA receivables are accurately represented in our books

     

Offer

  • BSc in Accounting or any other relevant social science subjects.
  • Professional Qualification in Accounting e.g ICAN, ACAetc
  • MBA will be an added advantage
  • Good analytical mind and advance mathematical skills
  • Must be a proven team leader
  • Goal oriented and targetd riven
  • Great interpersonal skill
  • Communication skills
  • Proficiency in the use of Microsoft Word and Excel

Method of Application

Interested and qualified? Click the Apply now button to send your application

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