Treasury Foreign Exchange Operations Officer at Saroafrica International Limited

Saroafrica International Limited (‘Saro’) is an indigenous private sector player with 3 decades of experience in Nigeria. Saro has five Subsidiaries (Saro Agrosciences, Saro Lifecare, Saro Agro-Allied, Gossy Warm Spring and Saro Oil Palm) and two Joint Ventures (AgriseedCo and Green Hills Agricultural Products). Saro’s is set to become a leading consumer, manufacturing, FMCG and integrated agricultural value chain group. In pursuit of this ambition Saro is making significant investment in a Palm Plantation and Cassava to Ethanol Plant. This role is intended for Saro Oil Palm.

We are recruiting to fill the position below:

Job Title: Treasury Foreign Exchange Operations Officer

Location: Victoria Island, Lagos
Employment Type: Full-time

Duties / Responsibilities
FX Management:

• Manage the FX blotter and position
• Responsible for FX trading activities in a competitive manner. To facilitate the SARO Group’s need and position at any point in time
• Liaise with the SBUs on all FX related activities
• Implement FX transactions in line with TGX risk framework and appetite of SARO Group
• Nurtures and maintains relationships with relevant regulatory agencies and other key stakeholders
• Liaising with the banks on Suppliers payments (foreign exchange)
• Ensure the average rate of the SBUs are monitored.
• Present the FX sourcing update fortnightly to the SBUs, Finance and auditors
• Prime responsibility for ensuring compliance with price risk limits as agreed with risk/compliance.

Education and Experience

• B.Sc in Accounting or related courses
• 0 – 5 years post-qualification professional experience.

Application Closing Date
19th December, 2022.