Search for Job Vacancies and Career Opportunities in Nigeria

Head Of Treasury At PricewaterhouseCooper (PwC)

Date Posted: 14/May/2019
Deadline: 28/May/2019

PricewaterhouseCooper (PwC) - Our client, an indigenous business conglomerate comprising three major companies. Her business offerings include; Real estate; Car sales, Servicing and leasing; Household and Industrial Air conditioner (sales and maintainers).

Head of Treasury

Reference Number: 130-PEO00992
Location: Lagos
Department: People & Change Nigeria
Job type: Permanent

Roles & Responsibilities
Cash and Liquidity Management:

  • Analyse funding needs to ensure that adequate funds are available to meet daily operational expenses and emergencies.
  • Manage liquidity and ensure that yields on financial assets are maximized.
  • Facilitate and maintain relevant relationships with financial service providers such as banks, payment service providers, lenders and investors.
  • Forecast cash payments and withdrawals and anticipate challenges arising from cash concentration or limited cash flow.
  • Review bank statements daily to ascertain correctness of charges, commissions and posted transactions.
  • Oversee the management and coordination of all fiscal reporting activities.
  • Follow up with banks to resolve any issues experienced in accessing banking facilities or executing banking transactions.
  • Oversee the preparation of regular cash flow forecasts while managing the revolving credit facilities.
  • Ensure all debt & covenant reporting requirements are met and manage all documentation required to refinance the various elements of the debt structure.
  • Monitor and report on cash surpluses and deficits and engage executive management for effective decision making
  • Manage and maintain proper controls over treasury account, bank accounts, banking processes and other treasury systems to allow easy disbursement, reconciliation and replenishment.

Investment:

  • Drive the proactive tracking of portfolio returns and recommend optimal investment policies that capture the best interest rates while managing risk.
  • Advise Executive Management on investment strategies that will ensure high returns on investment and optimal liquidity for operations.
  • Provide inputs into defining the business’ investment risk appetite
  • Review the status of all foreign exchange deals and Investment Funds.
  • Coordinate the review, analysis and reporting of the institution’s investment portfolio, yield and instruments

Risk and Control:

  • Advises Top management on risk related issues that can impact the strategic direction of the business.
  • Use hedging to mitigate financial risks related to the interest rates on the company’s borrowings, as well as on its foreign exchange positions.
  • Oversee bank account management and payments transactions to ensure compliance with the appropriate procedures and approval authority.

Stakeholder Engagement:

  • Provide the Group CFO with an operating budget.
  • Work with management to ensure success through cost analysis support and compliance with all requirements
  • Work with the Group CFO to develop and document the appropriate investment policies, objectives, asset allocation guidelines and appropriate investment strategies.
  • Review all investment proposals with the Group CEO
  • Advise management and provides input on the funding, debt and cash-flow implications of the corporate strategy, goals, plans and projects
  • Assisting in the development and negotiation of contracts

People Management:

  • Provide strong leadership and ensure clear strategic objectives are in place.
  • Manage the day to day performance, learning and development of the team, including one - on - one feedback sessions and conducting performance appraisals
  • Support the implementation and facilitation of relevant workshops and training courses
  • Promote a strong team culture

Requirements

  • A first degree in Accounting, Finance, Economics or any related discipline from a reputable institution
  • Relevant professional certifications e.g. Chartered Financial Analyst (CFA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent is required.
  • MBA or a Masters’ in related discipline is an added advantage.

Experience:

  • Minimum of 10 years cognate work experience; three (3) of which must have been in a Management position of a large corporation interfacing with the senior management team and Financial partners.
  • Good knowledge of the Financial Services Industry
  • Three (3) years work experience in a similar role or in the Treasury department of a Financial Institution
  • Sound knowledge of GAAP (generally accepted accounting principles), IFRS and financial analysis.

Method of Application

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

Apply Now  






Subscribe to FREE Job Alerts.

 



Subscribe to Job Alert
Filter Jobs
  • Location

    Industry

    Specialization

    Job Type

    Education

    Experience

Latest Jobs and Recruitment in Nigeria Today

Justjobsng.com is the fastest-growing jobs in Nigeria job listing platform .

JustJobsng is Nigeria's leading online jobs site, providing the latest job vacancies and recruitment in Nigeria in a variety of industries and locations in Nigeria.

Search for all job vacancies in Nigeria here on Nigeria’s #1 Job site. Everything latest jobs in Nigeria, Jobs in Nigeria, recruitment in Nigeria, vacancies In Nigeria and employment opportunities in Nigeria is our forte.

Browse our website and search current job opportunities that meet your search criteria. Also you can help yourself with our career resources that will assist you when preparing for an interview.

Our job services are FREE. We strive to post only genuine/Verified Jobs.

Sign up for latest jobs and recruitment offers in Nigeria today!