Treasury and Finance Accountant at Elite Talent Placements - Lagos and Ogun

Elite Talent Placements is a premier recruitment agency known for connecting top talent with exceptional opportunities. We specialize in identifying and placing high-caliber professionals in key roles that drive business success. Our commitment to excellence and personalized approach ensures that both our clients and candidates achieve their goals.

We are recruiting to fill the position below:

Job Title: Treasury and Finance Accountant

Locations: Lagos and Ogun
Employment Type: Full-time

Job Summary

• As the Treasury and Finance Accountant, you will be responsible for managing banking communications, handling loans and related transactions, providing financial reports, and building financial models and budgets.
• Your role is crucial in tracking funds, preparing cash flow and investment reports, and supporting fundraising efforts.

Key Responsibilities
Management of Company Bank Account:

• Ensure the efficient management of company’s bank accounts.
• Oversee the company’s banking operations, ensuring all funds are appropriately banked.
• Carry out Bank Reconciliation Statements for all transactions.
• Ensure conformity of company bank accounts with IFR Standards, reconciling bank statements against the GL, and clearing accounts.

Cash and Cashflow Management:

• Collate approved payments, prepare daily, weekly, and monthly Cash Plans for management decision-making.
• Communicate Cash Plans to relevant units to manage communication with vendors and stakeholders.
• Manage the company’s cash management system and payment mechanisms.

Loan Management:

• Document all loan details and covenants to ensure compliance with conditions and repayment schedules.
• Maintain loan schedules, capturing principal repayments and accrued interest.
• Create cashflow plans to ensure loan amounts are set aside at least one month before due dates.
• Conduct interest and debt analysis, providing relevant information and reports.

Budgeting:

• Collate and prepare annual budgets based on unit requests.
• Use budgets to prepare a dynamic Cash Flow Plan, updating it weekly, monthly, and as events change budget details.

Financial Modelling:

• Prepare financial models in line with company objectives using real data from treasury operations.

Receivables and NXPs:

• Manage all receivables and ensure proper reconciliation using Excel and Odoo ERP.
• Prepare NXPs and follow through the shipment process, ensuring proper inflow matching to close out balances.
• Keep track of NXP dates and statuses, extending dates with banks when necessary.

Regulatory Compliance:

• Ensure treasury regulations comply with established standards.
• Oversee robust and efficient tax planning and filing with relevant bodies.
• Follow up on financial proceedings, ensuring tasks are completed on schedule.
• Maintain confidentiality and adhere to local, state, and federal financial laws and regulations.
• Manage all financial records, spreadsheets, and registers.

Reporting:

• Prepare Weekly and Monthly Bank Reconciliation.
• Develop Daily, Weekly, and Monthly Cash Plans.
• Track cash advances.
• Maintain Loan Repayment Schedules.
• Create Loan Profitability Reports.
• Continuously update Cashflow to reflect current realities.

What We Are Looking For:
Experience and Qualifications:

• 5 years of work experience in a similar role.
• Solid understanding of basic accounting principles, finance, budget planning, cashflow, and record keeping.
• Strong understanding of finance (CFA Certification is an advantage).
• Hands-on experience with spreadsheets and accounting software (Odoo ERP).
• Proven ability to calculate, post, and manage accounting figures and financial records.
• Excellent organizational skills for documentation and record-keeping.
• Exceptional ability to communicate complex financial information.
• Problem-solving and critical-thinking skills.
• Strong verbal and visual financial reporting skills.
• High ethical standards and trustworthiness.

Salary
N300,000 - N500,000 Monthly.

Application Closing Date
24th July, 2024.