Treasury Manager at Sahara Group

Sahara Group is a leading international energy and infrastructure conglomerate with operations in over 38 countries across Africa, Middle East, Europe and Asia. Spanning three decades, we have broken ground and challenged stereotypes across the global business landscape. The women and men who make up our organization are our strongest levers for growth.

We are recruiting to fill the position below:

Job Title: Treasury Manager

Job Requisition ID: 426
Location: Victoria Island, Lagos 
Job type: Full-time

Accountabilities
Cash & Liquidity Management:

• Manage daily global cash positioning and ensure timely execution of payments and wire transfers.
• Develop and maintain accurate short-term and long-term liquidity forecasts.
• Oversee cash pooling arrangements and intercompany lending activities to optimize internal liquidity.
• Monitor cash balances to ensure sufficient liquidity for operations, CAPEX, and debt obligations.

Risk Management Execution:

• Execute approved hedging strategies for commodities, foreign exchange, and interest rates.
• Monitor counterparty risk exposure and ensure compliance with risk policies.
• Track and report on hedge effectiveness versus targets and market outcomes.
• Collaborate with senior finance leadership on risk management policies and strategies.

Debt & Capital Administration:

• Manage execution of drawdowns, repayments, and rollovers of credit facilities.
• Ensure timely calculation and payment of interest and related charges.
• Monitor debt covenants and compliance with financing agreements.

Banking Relationships:

• Manage day-to-day relationships with banks and financial institutions.
• Negotiate banking fees, credit terms, and service agreements to minimize costs.
• Administer bank accounts, including opening, closing, and maintaining appropriate signatory controls.
• Ensure compliance with internal controls and segregation of duties in treasury operations.

Reporting & Process Improvement

• Prepare and deliver treasury reports, including cash forecasts, debt schedules, and risk exposure summaries.
• Develop and maintain treasury policies, procedures, and internal controls.

Requirements 

• Bachelor’s Degree in finance, Accounting, Economics, or related discipline.
• Professional qualification (ACT, CFA, ACCA, CPA, or equivalent) strongly preferred.
• 7–10 years of progressive experience in treasury, corporate finance, or banking.
• Experience in cash forecasting, liquidity management, and risk management in multinational or capital-intensive industries (oil & gas preferred).
• Strong knowledge of financial instruments, hedging products, and debt facilities.
• Proficiency in treasury management systems (TMS), ERP systems (SAP, Oracle), and advanced Excel.
• Ability to maintain strong relationships with external parties and internal colleagues
• Knowledgeable in IFRS.

Application Closing Date
18th January, 2026.