Head Treasurer at Evans Industries

Evans Industries Limited is a foremost, indigenous manufacturing company located at Ikeja, Lagos State and a member of Ekulo Group of Companies

We are recruiting to fill the position below:

Job Title: Head Treasurer

Location: Lagos

Job Summary

• The Head treasurer is responsible for the company liquidity, investments, risk management, cash management, procurement of funds, collateral management and Internal Audit remediation.
• He /She evaluates fiscal choices, monitors expenses, plans and manages the efficient utilization of cash and financial services in a manner consistent with, banking administration to meet the financial obligations of the organization.
• He/She ensures that policies and procedures meet the organization's objectives, needs, and regulatory body requirements.

Job Description

• Monitor the cash flow of the company on a daily basis, weekly, monthly, annually, long term forecasts making periodic analysis, by the use of proven investment skills and business acumen.
• Manage the cash requirement in an effective manner through planning, sourcing and deployment, ensuring that the short-term liquidity requirements of group companies are met
• Evaluate fiscal choices and advise both middle and upper management including colleagues.
• Check and verify cash transactions; and also investigate and propose possible resolution for any discrepancies
• Manage the interest rate exposure through a variety of short- and long-term fund management strategies
• Ensure all risk incidents and control issues are logged in the appropriate manner in a timely process
• Manage foreign currency exposure and foreign currency payments by managing currency movement risk and taking judicious cover for foreign payments and receipts
• Handle relationship management with banks. Ensure our banking operations are smooth and have a seamless interface with business operations.
• Champion initiatives to reduce bank charges
• Support line management in any ad-hoc banking requirements
• Oversight of opening and closure of bank account and mandates
• Report the performance of treasury operations cash forecast, cost of borrowing, funds utilization, hedge reporting
• Manage investment accounts and create detailed reports showing gains and losses

Skills and Qualifications

• B.Sc (Hons) / HND in  Accounting or related field.
• ACA or ACCA certified.
• Minimum of 5 years relevant experience in FMCG with at least three (3) in manufacturing sector.

Core Competencies:

• High attention to detail.
• High time management and organizational ability.
• Strong understanding of financial markets, financial instruments and debt instruments.
• Knowledge of banking relationships and covenants.
• Appropriate handling of sensitive information.
• Strong client relationship management and customer service skills.
• Financial Management, statutory reporting and Budgeting.
• Experience with ERP software (E.g Microsoft Dynamics 365) and Power BI tools.

Salary
N400,000 - N600,000 monthly

Application Closing Date
20th February, 2023.