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Treasury Analyst - Assets and Liability Management at Dangote Group

Posted on Wed 27th Nov, 2024 - hotnigerianjobs.com --- (0 comments)


Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.

We are recruiting to fill the position below:

Job Title: Treasury Analyst - Assets and Liability Management

Location: Lagos
Job type: Full time (On-site)

Description

  • Dangote Cement Limited is seeking a highly motivated and detail-oriented Treasury Analyst who will be responsible for Collation of all plant's request in respect to Forms M and LCs processing for spares, equipment and other raw materials and follow up with Global Trade and Banks to ensure seamless process.

Key Duties and Responsibilities

  • Prepares obligation report, reconciliation and confirmation of LCs balances.
  • Ensures timely reconciliation of open items in ledger and bank statement
  • Collation of all plant's request in respect to Forms M and LCs processing for spares, equipment and other raw materials and follow up with Global Trade and Banks to ensure seamless process.
  • Maintain registers of all forms M showing update on issuance, LC establishment and unutilized balances.
  • Liaise with global trade department and banks on all LCs processed for all plants and ensuring update of LCs register.
  • Preparation of cashflow forecast and liquidity management.
  • Advise all possessed LCs to plants immediately on receipt of transmitted telexes from the bank.
  • Prepare of approval memos for funding and payment of LCs.
  • Generate letter for funds transfers to banks for funding of operations for FX bids through CBN and interbank purchases.
  • Review bank statements for debits in respect of LCs cost and trade line charges and forward to account for immediate posting.
  • Prepare consolidated daily balances and sales collection reports.
  • Overdraft and Bond coupon payment analysis for payment and collections.
  • Analyze daily statements of account and ensure all exceptions are taken up for appropriate corrections either by the bank or by Treasury Unit.
  • Generate account statements to reconcile payments that have been made from CBN bids or LCs establishment.

Requirements
Education and Work Experience:

  • Bachelor’s Degree or its equivalent in Accounting, Finance, Economics or any other related discipline.
  • 6 - 9 years relevant work experience.

Skills and Competencies:

  • Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
  • Good knowledge and understanding of Treasury best practices, IFRS, and other applicable accounting standards.

Key Requirements:

  • Basic knowledge of accounting packages and systems, including SAP.
  • Good communication and interpersonal skills.
  • Good Organizational skills.
  • Good data gathering, analysis and problem solving skills
  • High ethical standards and integrity.
  • Proficiency in the use of MS Office tools.
  • Ability to work independently under minimal supervision.

Benefits

  • Private Health Insurance
  • Paid Time Off
  • Training & Development
  • Career Development.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online


  

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