Wakanow.com is Africa's leading, full-service online travel company. At Wakanow, we understand that everyone likes easy and affordable travel services, so we provide our customers with a one-stop booking portal for Flights, Hotels, Visa Assistance, Holiday Packages, Airport Transfers, an international Travel SIM, a Prepaid Travel Card, a Loyalty program, and much more.
We are recruiting to fill the vacant position below:
Job Title: Banking Relations and Liquidity Manager
Job Opening ID: WKN/27/JB
Location: Lekki, Lagos
Job Descriptions
- You will be responsible for directly managing Group-wide banking relationships, Bank accounts architecture and in ensuring that there is adequate liquidity to meet the day to day obligations of the Group.
- Where appropriate, ensure that the excess cash of the Group is optimally.
Responsibilities
Liquidity and Cash Management:
- Foreign exchange sourcing
- Closure of hedge contracts from financial institutions and other counterparties
- Development and enforcement of a Banking Services Level Agreement
- Monthly validation of Bank Charges, Interest charges etc.
- Development of a tactical plan for cash management
- Petty cash management
- Responsible for the daily preparation of a multi-currency cash position and cash forecast
- Development and implementation of a cash provisioning process
- Automation of cash collection processes and review of settlement risk that may exist
- Automation of liquidity planning and petty cash management processes
- Ensure immediate cash and liquidity visibility of Group-wide operations
Banking Relationship Management:
- Development of an optimal Bank accounts architecture
- Responsible for Bank accounts opening and closure; interbank and intrabank transfers, cash pooling etc.
- Management of Banking Relationships
- Engagement of Switching companies and other online payment platform partners
- Development, enforcement and negotiation of the Price Book
- Provide Banking advisory to other business units across the Group operations.
- Provide supervisory support to the Treasury analysts
- Provide advisory support to the Head, Treasury from time to time.
Experience and Professional Qualifications
- First degree in Accounting/Finance/Economics or any other business-related subject from a reputable university
- Master degree in Accounting/Finance or preferably an MBA from a reputable university
- Professional qualification (ICAN, ACCA, CFA, CIMA etc.)
- Minimum of 10 years related work experience
- Experience in a multinational firm
- At least 3 years in a supervisory/management capacity
- Experience in a Group Treasury function
Skill Requirement:
- Liquidity Management, Foreign Exchange Sourcing, Banking Relationship Management, Hedge Contract Mgt.
Application Closing Date
21st July, 2017.
How to Apply
Interested and qualified candidates should:
Click here to apply online