Treasury Accountant at PPC Limited

PPC Limited - With over 20 years track record of delivering turnkey engineering solutions across 5 business sectors - Telecommunications, Energy, Health, Transport and Building Management Systems, PPC (formerly Philips Projects Centre) - is a Systems Engineering and Integration Company whose activities are primarily geared towards providing specialized integrated solutions. PPC started business in 1991 as Philips Projects Centre, an affiliate of Philips Electronics N.V. of the Netherlands.

We are recruiting to fill the position below:

Job Title: Treasury Accountant

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Responsibilities
Key Result Area 1- Treasury Management:

• Responsible for monitoring availability of funds, monitoring all bank balances and requesting funds transfers when necessary
• Responsible for preparing monthly and revised weekly cash forecasts
• Prepare monthly variance analyses of actual cash collection against forecast
• Liaison with banks on all cash and related matters
• Responsible for reviewing cheque vouchers
• Supervise daily Cash count
• Responsible for preparing weekly bank position statement
• Responsible for conducting regular cash audit
• Responsible for processing documents required for foreign transactions
• Any other related tasks assigned by management

Key Result Area 2- Portfolio Management:

• Responsible for processing investment of idle funds with banks
• Responsible for preparing and maintaining schedule of interests on invested funds
• Responsible for maintaining proper records of investment certificates
• Any other related tasks assigned by management

Key Performance Indicators

• Timeliness and completeness of cash forecast – every second working day of every month for monthly and by 10am of every Monday for the weekly forecast
• Timely release of weekly Bank Position – not later than 9am following Monday
• Fraud-free, error free petty cash management/recording system – zero tolerance
• Proactive in advising the Head of Treasury
• Timely processing of documents for foreign transactions (Form M, A, D, Letters of Credit etc)

Job Specifications
Education and Professional Qualification:

• B.Sc. Accounting or equivalent
• ICAN
• ACCA
• Experience: 3-5 years (Post Qualification)

Key Competencies Requirements
Technical:

• Strong appreciation of treasury and cash management including cash forecasting, loans, investment, etc.
• Knowledge of processes and documents required for international transactions
• Good appreciation of the Nigerian capital and money markets
• Accounting skills
• Strong business acumen and ability to recognize and take advantage of opportunities
• Strong negotiation and persuading skills
• Strong analytical and problem-solving skills
• Strong business ethics and high level of integrity
• Knowledge of basic information technology / Microsoft office tool.

Behavioural:

• Strong communication and interpersonal skills
• Strong networking and relationship management skills.

Application Closing Date
6th June, 2022.