Treasury Controller at Amaiden Energy Nigeria Limited

Amaiden Energy Nigeria Limited (formerly Moody International Nigeria Limited) was established in 1996 as a partnership between Moody International Group and Nigerian investors. Since commencing operations in March 1997 the company continues to grow and exerts its presence in numerous Projects in the Nigeria Oil and Gas Industry.

We are recruiting to fill the position below:

Job Title: Treasury Controller

Location: Lagos
Job Type: Contract
Category: Others
Job Nature: Standard

Description
Bank Charges and Loan Management:

• Prepares, controls, verifies, and reconciles bank loan interests, charges, and incomes and liaises with banks where necessary
• Maintains periodic financial information as may be required by management, lenders, and regulatory authorities.
• Prepares monthly journals/accruals for bank charges, interests, fees, and incomes and ensures accurate booking in SAP.
• Prepares and updates database of all company loans and monitors compliance with loan covenants.

Bank Bonds and Guarantee Management:

• Maintains a database of bonds and guarantees issued and received by the Company.
• Performs monthly review of the status of existing Bonds and Guarantees.
• Provide information and reports as required by management.

Compliance and Risk Management:

• Implements Company’s cash management rules, procedures and internal control requirements in line with Group Rules.
• Participates in financial and counter-party risk analysis, including banks’ soundness (credit rating).
• Prepares monthly SOX control documentation and compliance issues and manage the assessment process for Treasury.
• Reviews / updates existing procedures and documents new processes as the job evolves.

Reporting and Administration:

• Prepares weekly Treasury report and contribute to the production of monthly Treasury Tableau de Bord
• Coordinates external reporting obligations of Treasury Department to Central Bank of Nigeria (CBN).
• Documents monthly bank statements and contributes to monthly bank reconciliation processes
• Monitors and updates key economic indicators, including foreign exchange, inflation, and interest rates
• Monitoring/Updating of interest rates and foreign exchange rates on daily basis for business decision.
• Updates monthly treasury workbook with actual payments and receipts.

Banking Relationship:

• Participate in building relationship with key financial institutions and agencies in Nigeria
• Prepares, despatches, and maintains database of all correspondence with banks.

Job Requirements
Accountabiliites:

• Prepares accurate schedule of bank charges, interest income, and other financial cost/income in line with approved terms
• Maintains adequate database for loans, bonds, guarantees, and bank statements to guarantee integrity of financial data
• Maintains schedules of foreign exchange rates, inflation, and interest rates to aid management decision-making
• Prepares and monitors a check-list of loan covenants to ensure the Company complies with its financial obligations
• Prepares monthly treasury workbook for forecasting accurate cash position during PDCs and Budget exercises
• Maintains database of letters and memos to ensure the integrity of communications with stakeholders
• Compliance with established company rules and government policies, monitoring controls to prevent errors and fraud.

Qualifications / Experience Required

• Minimum education qualification: HND / BSc in Finance / Accounting / Banking / Economics
• 3-5 years relevant post-graduation experience in Finance/Accounting/Banking/Treasury function.
• Good organisational, analytical, communication, and Inter-personal skills) and good knowledge of Microsoft Office.

Application Closing Date
15th April, 2025.