Job ID: R-56157
Main Job Purpose
- Effective Liquidity, foreign exchange and commodity backroom operations management are critical to ensure the safeguard of Unilever’s financial assets.
- This role is involved in the Treasury operations for Unilever Nigeria and will support the day-to-day Treasury and commodity hedging operations and be the lead for upcoming Treasury projects.
- The role will also oversee the management of the Pension funds for the Business as well as the insurance activities for the Business and its assets.
- The role will also be focusing on managing the Liquidity and Foreign exchange requirements for the business in addition to running the back-office operations in addition to managing and maximizing the Tax liabilities for the Business.
Job Summary
Banking:
- Lead and work with Treasury Manager to ensure adequate facilities are available to meet existing and future business funds requirements.
- Develop and maintain effective operational network with key Banks/Financial Institutions to ensure smooth operations and harness opportunities.
- Responsible for administering role for Bank related systems.
- Co-ordinate and ensure documentation in place to transact with Banks (facilities letter, documentation, director’s resolution etc)
Liquidity Management:
- Ensure Unilever’s financial assets are safe guarded with proper planning of short-, medium- and long-term cash requirements. This includes funding requirements and maximizing long term returns on excess liquidity.
- Forecast day-to-day cash flow positions, related borrowing needs, and available funds for investment.
- Identify opportunities for cost savings or increase returns on excess cash.
- Reviews company’s cash forecast and performs an analysis on the projected vs. reported cash holdings.
Exposures management:
- Mitigates financial risks related to the interest rates on the foreign exchange positions.
- Propose Forex strategies and exposure limits incorporating market insights on Forex trends into hedging decisions.
- Design and implement full end to end (process design, systems, accounting treatments) solutions for back-office operations on new commodities, instruments, and regions.
Governance, Compliance & Documentation:
- Maintains policies and procedures that impose an adequate level of control over treasury operations.
- Ensures all transactions are completed in accordance with the Schedule of Authorities and are properly documented.
- Responsible for the Treasury Policy compliance and observing Forex limits.
- Establish and report treasury KPIs.
Key Skills Requirements
- Minimum of 5 years’ work experience with at least 2 years as a team lead
- Financial and Treasury Management
- Tax Accounting
- Strong SAP Knowledge & Excel spreadsheet skills
- CIMA/ACCA/ICAN certification is required.
- Excellent communication and interpersonal skills
Key Interfaces
Internal:
- Functional Directors
- Finance Business Partners
- Financial Control
- Customer Development Heads of Units
- Regional Treasury and Tax Teams
External:
- Banks
How to Apply
Interested and qualified? Go to Unilever on careers.unilever.com to apply