Treasury Associate

Recruiter
Mixta Africa
Location
Lagos, Nigeria
Salary
Competitive salary
Posted
02 Mar 2021
Closes
02 Apr 2021
Approved employers
Approved employer
Job role
Accountant, Treasury
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant, Manager

Manage the liquidity of the country business and inter-group disbursement and cover treasury reporting function

MAIN RESPONSIBILITIES

  • Ensure adequate liquidity is available to meet strategic objectives and financial obligations of the country office
  • Oversee cash management banking and financial institution relationships. Negotiate bank and service fees. Implement new bank technologies, products and services to improve cash cycle and simplify company operations.
  • Manage the disbursement and payments to vendors on behalf of the Company
  • Realise optimum benefits for the Company in respect of idle funds and keep appropriate documentation.
  • Ensuring that the company's cash flow is adequate to allow it to operate effectively
  • Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines
  • Forecast cash payments and anticipating challenges arising from limited cash flow and perform financial modelling
  • Ensure compliance with internal controls, policies and procedures. Develop and monitor treasury operational policies

Deliverables 

  • Capital and liquidity report
  • Treasury reporting
  • Cash Disbursement and payment plan

Time Allocation

  • Liquidity management (40%) 
  • Cash Disbursement/Payment (40%)
  • Agency relationships (5%)
  • Administrative (15%)

KPIs

  • Country liquidity ratio-variance between actual and target liquidity ratio (30%)
  • Percentage of country financial obligations paid as and when due (40%)
  • Overall corporate performance (20%)
  • Feedback – The annual average rating from 360-degree surveys launched (10%)

SKILLS

  • Excellent understanding of real estate market and financial needs
  • Knowledge of investment portfolio strategy, banking, and financial instruments
  • Knowledge of treasury software is a plus
  • Thorough understanding of the principles and application of good corporate governance, business and operational risk and control processes and procedures
  • Gathers information nationally and internationally about what could be; visualises the future and assesses what needs to change; thinks strategically, considers wider effects thoroughly, including customers, shareholders and people; promotes and builds enthusiasm for the vision.
  • Balances the needs of the stakeholder triangle; assimilates and analyses relevant information; identifies core principles, and applies them consistently to decisions; identifies and mitigates risks; creative in providing solutions; owns decisions.
  • Good planning/project management skills
  • Exceptional negotiation, problem-solving and analytical skills
  • Outstanding people leadership and management skills. Ability to drive change management across the organisation
  • Good communication skills, both verbal and oral

EXPERIENCE AND EDUCATION

  • Undergraduate degree (or equivalent) in a related field is required
  • Advanced degree (MBA will be an advantage)
  • 5 years of professional experience; 4 years of experience within a similar role
  • Experience in managing large scale projects within the real estate sector

Only shortlisted candidates will be contacted

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