Treasury Manager at Chemical and Allied Products – CAP Plc

OBJECTIVES

• Manage the Treasury function and be responsible for planning and developing reports that will aid decision making in importation, fund, interest and exchange risk management in a manner that will improve profitability to the company.

KEY RESPONSIBILITIES

• Efficient supervision of the Treasury function – trade finance, bank reconciliation, payments etc.
• Strong and effective cash management through functional and efficient cashflow planning, providing daily and monthly forecasts to aid business decisions.
• Effective supervision of Trade and payment units in line with approved policy and authorization limits.
• Management of offshore and onshore trade charges
• Providing investment analysis and options to support excess cash placement.
• Take responsibility for accuracy and completeness of monthly interest expense and accruals.
• Be responsible for effective supervision and monitoring of import and export documentation plus other related activities.
• Supervision of timely and effective local suppliers and staff payments, ensuring adequate and approved documentation is obtained before all payments.
• Effective coordination of foreign supplier’s bill settlement, communication and reconciliation
• Advise on Fx hedging options.
• Review service level agreement with banks on quarterly basis and develop reports to track compliance with agreed performance level.
• Review of all LCs related and bank charges ensuring the charges align with underlining agreement and facility documents.
• Review of bank reconciliations and confirming reconciling items are cleared within 72 hours of reconciliation completion. Reconciliation on a T+2 basis.
• Be responsible for daily, weekly, monthly, and year-end Treasury activities reporting.
• Management of bank relationship
• Carryout in a timeous fashion, other responsibility assigned by the Finance Controller and the CFO

EDUCATION

• BSc/HND in Accounting, Finance, Banking, Banking and Finance Economics or any related discipline ACA, ACCA.
• Relevant professional qualification will be an added advantage MSC, MBA.

EXPERIENCE

• Minimum of 5 years of working experience in a structured organization with very good treasury management background

KEY COMPETENCIES REQUIREMENT KNOWLEDGE & SKILLS

• Treasury Management
• Financial accounting and budgeting
• Liquidity planning and control
• Monetary and Fiscal policies
• Investment options and rates risk management
• Financial Analysis and modelling