Head, Treasury at Grand Treasurers Limited (GTL) Full Time

Job Title: Head, Treasury

Location: Lagos
Reporting Relationship: Directly Reports to the MD/CEO
Directly supervises: Treasury officer

Job Objective / Purpose

• To manage and design and implement policies as it relates to operations, overseeing customer service and implementing technology to achieve the overall corporate vision.

Job Duties / Responsibilities

• Carry out operations in accordance with internal and CBN regulations
• Source funds required for the Company’s operations:
• Prepare Cash Flow Forecasts for weekly and monthly Cash Inflows and Outflows.
• Prepare loan portfolio schedule and analysis of all loan facilities.
• Manage relationships with HNI, Corporate, source funds at lower prices and risk:
• Daily and monthly prepare reconciliation of investments and facility accounts
• Protect company’s margins through control and reduction of Finance costs
• Prepares weekly/monthly/annual cash flow forecasts and monitors variances
• Provides financial planning, budgeting and reporting activities, while also develop, implement and support financial modeling and analysis for budgeting, forecasting
• Provides timely and accurate financial projection updates, identifying risks & opportunities along with recommendations.
• Ensures treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal controls
• Ensures compliance with internal controls, policies and procedures
• Understands market sentiments, take advantage of market trends and predict future market behaviour
• Develops and implements Asset and liability, Liquidity and maturity Risk.
• Measures, monitors and controls of interest rate risk (IRR)
• Monitors the GTL’s cash and liquidity position and ensure that ·the treasury risk limits and statutory reserve requirements and adhered to on daily basis.
• Monitors interest rates and ensure rates are consistent with GTL policies.

Person Specifications

• IFRS Knowledge
• Financial Reporting Council of Nigeria Act, 2011
• CBN monetary guidelines
• Pensions Reforms Act 2014
• Global best practices in Treasury management.
• Knowledge in Back office support for a corporate Treasury
• Extensive experience in liquidity management and accounts payable settlement
• Conversant with up to date treasury products, policies and accounting rules

Experience:

• Minimum 5 years working at Senior Management level Between 5/10 years’ experience of successful commercial management Highly developed and finely tuned experience of setting strategic direction
• Experienced in producing and developing strategic business plans

Application Closing Date
Not Specified (Open).

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.