Head, Investment & Treasury at Rainoil Limited

Rainoil Limited is an integrated downstream oil and gas company. A prominent player in the Nigerian industry, the company’s operations span across the downstream value chain i.e. Petroleum Product Storage, Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO) and Kerosene (DPK).

We are recruiting to fill the position below:

Job Title: Head, Investment & Treasury

Location: Lagos

Description

• The Head, Investment & Treasury is responsible for ensuring the availability and adequacy of funds to support the Group’s operations while driving effective treasury management, investment decisions, cash flow optimization, and banking relationship management.
• The role provides strategic guidance on funding requirements, liquidity management, and investment opportunities to maximize returns and support business growth.

Responsibilities

• Provide strategic advice to management on the funding and cash flow implications of corporate strategies, goals, and business plans.
• Monitor and analyze the Group’s liquidity requirements to ensure adequate funding for operational activities and emergency needs.
• Manage bank balances, interest income, and financing costs to optimize treasury performance.
• Develop and enforce treasury policies and procedures to minimize liabilities and ensure timely settlement of obligations.
• Ensure the availability of funds for prompt payment to vendors, creditors, and other stakeholders.
• Establish and maintain strong banking relationships to secure favorable banking terms, rates, and access to financial facilities.
• Monitor and report on banking products and services, including investment opportunities, foreign exchange rates, and financing options.
• Manage treasury imprest accounts, ensuring proper disbursement, reconciliation, and replenishment processes.
• Monitor and report on cash surpluses and deficits and recommend appropriate actions.
• Review daily bank statements to verify the accuracy of charges, commissions, and transactions.
• Manage bank account administration, including mandate updates and new account openings.
• Coordinate the execution of banking facilities and credit arrangements by preparing and submitting required documentation.
• Oversee Letters of Credit processing, reporting, and correspondence, as well as other credit facilities.
• Liaise with banks to resolve operational and service-related issues.
• Oversee the preparation of monthly bank reconciliations, cash flow reports, and other treasury-related reports.
• Advise management on investment opportunities and strategies to maximize returns while managing risk.
• Ensure compliance with relevant regulatory requirements, accounting standards, and internal policies.

Requirements

• Bachelor's Degree in Accounting, Finance, Economics, or a related discipline.
• Professional certification such as ICAN, ACCA, or an equivalent qualification.
• Minimum of eight (8) years' relevant experience, with at least three (3) years in a management role interfacing with executive leadership and financial institutions.
• Demonstrated experience in treasury management, cash flow planning, banking operations, and investment management.
• Strong knowledge of statutory financial reporting, GAAP, and IFRS.

Application Closing Date
7th August, 2026.

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