Finance / Treasury Officer at Asset and Equity Group

Asset and Equity Group - We are committed to providing financial services that enable growth and economic progress. Asset and Equity Group is a foremost financial and investment services firm with increasing innovative products and unconventional services delivered across its various subsidiaries in different economic sectors. As advisors, once we’ve established your investment management plan, we provide you with ongoing monitoring and periodic reviews.

Regularly, we will meet with you to conduct a thorough investment review and ensure that we continue to calibrate your plan as your goals and circumstances evolve. We begin with a comprehensive fact-finding meeting to review your current financial situation and discuss the goals that are important to you. Our purpose is to have a clear understanding of your objectives and risk tolerance to determine which investment model best suits you.

We are recruiting to fill the position below:

Job Title: Finance / Treasury Officer

Location: Victoria Island, Lagos

Responsibilities

• Monitor supplier performance and ensure contractual obligations are met.
• Lead and manage purchasing operations, policies, and procedures.
• Directs preparation of fiscal records and financial plans, policies, and reports.
• Maintain procurement records and keep them current and standards, review contracts and maintain an efficient central file system for contracts and renewals to assure contract compliance.
• Manage contracting process, bids, procurement, records, renewals in existing system.
• Manage insurance policies and work with insurance broker, administration of all lines of insurance bids, review with executive team, insurance certificates/liens, records/file, renewals.
• Develop sound, cost-effective strategies for the purchasing of materials used in the organisation.
• Develops and communicates financial vision and strategy.
• Develops financial forecasts and monitors financial health, monitoring guardrails around financial commitments.
• Provides strategic financial input and leadership on decision making issues affecting the organization (i.e., evaluation of potential alliances acquisitions and/or mergers and pension funds and investments).
• Ensures timely and accurate business/financial reports and plans; presents them to the Partners across all business units to increase financial transparency in management reporting and business line performance.
• Conduct cost analyses and set benchmarks for continuous improvement.
• Maintain relationships with suppliers while continually scouting for additional sources/vendors.
• Negotiate contracts, terms and deadlines with vendors.
• Manages treasury function, including meeting short and long-term funding needs.
• Monitor supplier performance and ensure contractual obligations are met.
• Develop risk management procedures to mitigate losses in the event of product shortages.
• Monitor and update relevant departments regarding price fluctuations of goods and vendor pricing.
• Evaluate spending operations while seeking ways to improve and enhance the quality of products purchased, the timeliness of deliveries, and inventory management optimization.
• Work closely with the company finance, legal and operations departments to make sure contracts and terms are favourable.
• Partner with Accounts Payable to monitor employee expense reimbursement processes, inclusive of assisting with continuous process improvement
• Understands how regulatory reform will impact the business and helps ensure the business is best positioned to respond.
• Oversees and delivers recommendations to Board and Board committees regarding financials, audit matters, investments, and strategic initiatives and direction.

Qualifications

• A Bachelor's Degree in Banking and Finance, Operations Management, Project Management, Strategic Management, Economics, or other relevant field.
• Professional Qualification: Membership of relevant accounting bodies and attendant qualifications e.g. CIPS, ACTN, etc. will be an added advantage.
• A minimum of 3 years work experience.

Application Closing Date
31st July, 2022.