Treasury Accountant at Wells Accounting and Tax Services

Wells Accounting and Tax Services is specialized in accounting, tax advisory, bookkeeping, financial planning, and accounting and business consultancy services to help your businesses achieve it's goals and make your organization stand out.

We are recruiting to fill the position below:

Job Title: Treasury Accountant

Location: Adeola Odeku, Victoria Island - Lagos
Employment Type: Full-time
Department: Finance
Reports to: Head of Finance

Role Objective

• The Treasury Accountant will oversee the organization’s cash flow, banking operations, and liquidity management to ensure efficient use of funds and compliance with financial regulations.
• This role is responsible for planning budgets, reconciling bank statements, preparing cash flow reports, managing loans, and ensuring timely financial reporting to support strategic decision-making.

Key Responsibilities
Bank & Cash Management

• Manage company bank accounts to ensure efficiency, compliance, and optimal returns.
• Prepare daily, weekly, and monthly cash flow plans for management decision making.
• Perform regular bank reconciliations, ensuring alignment with the general ledger and IFRS standards.
• Maintain and monitor petty cash funds, ensuring accurate posting of all disbursements in the ERP.
• Track and reconcile staff cash advances, ensuring retirement within 48 hours and
• communicating deductions for defaults.

Loan & Investment Management:

• Maintain loan schedules, capturing principal repayments and accrued interest.
• Monitor loan covenants and ensure timely repayment by setting aside funds in advance.
• ovide interest and debt analysis reports, ensuring profitability and compliance with agreements.

Budgeting & Forecasting:

• Collate and prepare annual budgets in collaboration with departmental heads.
• Develop dynamic, updated cash flow plans (weekly and monthly) based on budgetary changes and operational realities.

Regulatory Compliance & Reporting:

• Prepare and manage Nigerian Export Proceeds (NXPs) documentation, ensuring accurate matching of inflows and timely closure of balances.
• Ensure compliance with treasury regulations, tax requirements, and all local, state, and federal financial laws.
• Maintain confidentiality and secure management of all financial records, Spreadsheets and register.
• Deliver timely financial reports, including:
  • Weekly and monthly bank reconciliation
  • Daily/weekly/monthly cash flow plans
  • Loan repayment schedules and profitability reports
  • Updated cash flow statements reflecting current realities

Other Duties

• Support fundraising and investment initiatives to strengthen the company’s financial position.
• Perform any other finance-related tasks as assigned.

Qualifications & Requirements

• B.Sc. or HND in Accounting, Finance, Economics, or a related field (professional certification such as ACA, ACCA, or CFA is an advantage).
• Minimum of 3–5 years of relevant experience in treasury or financial accounting.
• Solid understanding of accounting principles, financial management, budget planning, and cash flow control.
• Proven experience using ERP systems and advanced Excel skills.
• Strong analytical, problem-solving, and critical-thinking abilities.
• Excellent organizational, documentation, and communication skills.
• High ethical standards, integrity, and ability to maintain confidentiality.

Key Competencies:

• Cash flow forecasting and management
• Financial reporting and analysis
• Regulatory compliance and tax planning
• Strong interpersonal and stakeholder management skills
• Attention to detail and proactive decision-making.

Application Closing Date
15th November, 2025.

How to Apply
Interested and qualified candidates should send their CVs to: recruitment.wells@gmail.com using “Treasury Accountant” as the subject of the mail.