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Banking Officer Jobs at Oando Nigeria Plc

Posted on Wed 28th Sep, 2011 - hotnigerianjobs.com --- (5 comments)


Oando Nigeria Plc is one of Africa’s largest integrated energy solutions providers with a proud heritage. It has a primary listing on the Nigerian Stock Exchange and a secondary listing on the Johannesburg Stock Exchange
 
Job Title: Banking Officer

Department: Finance
   
Vacancy Description
  • The Banking Officer is responsible for monitoring the daily banking relationships; i.e. bank statements, charges etc
  • Also to plan, assess, monitor, and manage the efficient utilization of cash and financial resources in a manner consistent with the agreed procedures and objectives of the Company.
Specific Duties & Responsibilities
 
Bank Reconciliation: Reconciling all bank accounts to the Treasury Management System and the General Ledger.
 
Intercompany Reconciliation: Preparation of Treasury Intercompany reconciliation
 
Bank Activity Monitoring:
  • Statement Downloading and retrieving bank statements on a daily basis.
  • Filing of all Correspondence between the company and the banks.
  • Managing, monitoring, opening to closure of bank accounts.
  • Set up all bank mandate documentations and maintain bankrelated records.
  • Monitoring and support taxation issues and other statutory payments
  • Ensure day to day control of bank accounts to maintain an adequate level of working capital for the group.
  • Manage the Bank's correspondent and relationships.
  • Manage debt obligations and lender relationships.
Cash flow Forecast:
  • Preparing daily cash report
  • Preparing weekly cash flow & liquidity report
  • Performing treasury operational functions such as cash management, cash forecasting, interest rate monitoring.
Book Keeping:
  • Raising of Receipts on payments (via AR) made by the Treasury Analyst
  • Monitoring and booking of loans and deposits (short and Long term)
  • Raising Intercompany debit and credit notes.
  • Carrying out reconciliation of Balance Sheet items such as cash, cash equivalents, investments, debt, for management and reporting purposes.
  • Prepare the Group consolidated debt schedules for the Group financial statements.
  • Preparing of other Treasury related monthly Schedules
Other Duties:
  • Performing other assigned duties as delegated by the Treasurer/Asst.Trea.
  • Preparing internal treasury reporting which includes variance analysis and supporting schedules on affected accounts.
  • Oversee banking and financial institution relationships.
Qualification & Experience
  • 1st degree from a reputable University with bias for social science and accounting and finance courses.
  • Professional Certification (ACA, ACCA, CPA) is essential but not compulsory.
  • 2 – 3 years work experience within a reputable and structured organization preferably an Oil & Gas multinational.
  • Intermediate knowledge of Microsoft excel, financial modelling and power point.
Knowledge & Skills Required
  • Oil & Gas industry dynamics
  • Financial Reporting & Modelling skills
  • Knowledge of Corporate Treasury & Cash Forecasting techniques
  • Analytical & Research minded skills
  • Microsoft office skills
  • Creativity & Innovation
  • Organization/Administration abilities
  • Good Interpersonal Relations
  • Team playing skills
  • Good Oral & Written Communication
  • Good Negotiation skills.
Application Deadline:
October 3, 2011

Method of Application
Interested candidates should:
Click here to apply online

  

Comments (5)

No. 1
Posted on Wed 28th Sep, 2011 15:33:12 GMT by isaac

I studied accounting, how do i register?
No. 2
Posted on Thu 29th Sep, 2011 14:59:02 GMT by Alabi Peter Ayo

Your this thing is not accepting my e-mail address. How do I register? I have HND in Statistics with Upper Credit
No. 3
Posted on Fri 30th Sep, 2011 15:00:02 GMT by Isioma O.

In the bid to register it seemed an account had already been opened with my email. i have put in a good amount of information on my resume and all of a sudden wverything was gone. I have tried to log in but it tells me my email already exists but i cant get in. I changed password it tells me invalid. Is there something fraudulent in all of this
No. 4
Posted on Fri 14th Oct, 2011 12:19:17 GMT by olanrewaju oke

I believe this is a great opportunity for people like me too
I have 5 years working experience in banking industry
Experience in both teller and customer service officer
I will really like to work in organization

No. 5
Posted on Mon 07th Nov, 2011 14:38:43 GMT by salami joseph olatunji

sir am an B.sc hold and NYSC certificate i need a job in your company pls help me sir


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