Grand Treasurers Limited (GTL), a subsidiary of Consolidated Hallmark Insurance Plc is recruting to fill the position below:
Job Title: Head, Treasury
Location: Lagos
Reporting Relationship: Directly Reports to the MD/CEO
Directly supervises: Treasury officer
Job Objective / Purpose
- To manage and design and implement policies as it relates to operations, overseeing customer service and implementing technology to achieve the overall corporate vision.
Job Duties / Responsibilities
- Carry out operations in accordance with internal and CBN regulations
- Source funds required for the Company's operations:
- Prepare Cash Flow Forecasts for weekly and monthly Cash Inflows and Outflows.
- Prepare loan portfolio schedule and analysis of all loan facilities.
- Manage relationships with HNI, Corporate, source funds at lower prices and risk:
- Daily and monthly prepare reconciliation of investments and facility accounts
- Protect company's margins through control and reduction of Finance costs
- Prepares weekly/monthly/annual cash flow forecasts and monitors variances
- Provides financial planning, budgeting and reporting activities, while also develop, implement and support financial modeling and analysis for budgeting, forecasting
- Provides timely and accurate financial projection updates, identifying risks & opportunities along with recommendations.
- Ensures treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal controls
- Ensures compliance with internal controls, policies and procedures
- Understands market sentiments, take advantage of market trends and predict future market behaviour
- Develops and implements Asset and liability, Liquidity and maturity Risk.
- Measures, monitors and controls of interest rate risk (IRR)
- Monitors the GTL's cash and liquidity position and ensure that ·the treasury risk limits and statutory reserve requirements and adhered to on daily basis.
- Monitors interest rates and ensure rates are consistent with GTL policies.
Person Specifications
- IFRS Knowledge
- Financial Reporting Council of Nigeria Act, 2011
- CBN monetary guidelines
- Pensions Reforms Act 2014
- Global best practices in Treasury management.
- Knowledge in Back office support for a corporate Treasury
- Extensive experience in liquidity management and accounts payable settlement
- Conversant with up to date treasury products, policies and accounting rules
Experience:
- Minimum 5 years working at Senior Management level Between 5/10 years’ experience of successful commercial management Highly developed and finely tuned experience of setting strategic direction
- Experienced in producing and developing strategic business plans
Application Closing Date
Not Specified (Open).
Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.
https://www.hotnigerianjobs.com/hotjobs/346617/head-treasury-at-grand-treasurers-limited-gtl.html