Treasury Analyst – Foreign Payments at Dangote Group Full Time

Job Title: Treasury Analyst – Foreign Payments

Location: Lagos
Job type: Full time (On-site)

Description

• Dangote Cement Limited is seeking a highly motivated and detail-oriented Treasury Analyst who will be responsible for payments and funding of all transaction and all receipts, telexes related to the disbursed funds regarding the company.
• The ideal candidate will prepares a variety of financial records, schedule and reports for all bills and payment through the company’s accounts and maintains such in daily financial reports.

Key Duties and Responsibilities

• Liaise with Global Trade Department and Banks on all LCs processed for all plants and ensuring update of LCs register.
• Liaise with all plants in respect of pending import documentations for spares, equipment, and raw materials for cement manufacturing.
• Collation of all plant’s requests in respect of forms M and LCs processing for spares, equipment and other raw materials and follow up with Global Trade and Banks to ensure seamless processing
• Maintain registers of all forms M showing update on issuance, LC establishment and unutilized balances.
• Advise all processed LCs to the Plants immediately on receipt of transmitted telexes from the bank.
• Preparation of approval memos for funding & payment of Letters of Credit
• Generate letter for funds transfers to banks for funding of operations accounts for FX Bids through CBN & Interbank Purchases.
• ·Review bank statements for debits in respect of LCs cost and Trade Line Charges and forward it to accounts for immediate posting.
• Prepare daily balances and sales collection reports.
• Analyse daily statements of accounts and ensure all exceptions are taken up for appropriate corrections either by the bank or by Treasury Unit.
• Generate Account Statements to reconcile payments that have been made from for CBN Bids or LCs establishment.
• Supervise Proper and orderly filing by providing necessary documents to the Scanning Officer to enhance easy storage and retrieval.
• Responding to transactions complaints and addressing transaction-related issues.
• Any other duties as may be assigned by immediate supervisor and the Group Treasurer & RCFO / GCFOLiaise with Global Trade Department and Banks on all LCs processed for all plants.

Requirements
Education and Work Experience:

• Bachelor’s Degree or its equivalent in Accounting, Finance, Economics or any other related discipline.
• 3 – 9 years relevant work experience.

Skills and Competencies:

• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
• Good knowledge and understanding of Treasury best practices, IFRS, and other applicable accounting standards.

Key Requirements:

• Basic knowledge of accounting packages and systems, including SAP.
• Good communication and interpersonal skills.
• Good Organizational skills.
• Good data gathering, analysis and problem solving skills
• High ethical standards and integrity.
• Proficiency in the use of MS Office tools.
• Ability to work independently under minimal supervision.

Benefits

• Private Health Insurance
• Paid Time Off
• Training & Development
• Career Development.

Application Closing Date
Not Specified.