Job Position for a Treasury Manager at Cumbrian Consult Limited in Lagos

Cumbrian Consult Limited - Our client is searching for an experienced professional who is proactive and passionate to fill the position below:     Job Title: Treasury Manager Location: Lagos (but may require some travel outside Lagos). Job type: Full Time Job field: Finance/ Accounting/ Audit Reports to: Chief Finance Officer (CFO) Job Description

• To succeed in this position, candidates should have excellent communication, computer and problem-solving skills.
• He/she must be analytical, resourceful, adaptable, organized and able to work well under pressure.

• Cash management functions such as cash concentration, account funding, local and international bank transfers as well as ensuring adequate liquidity for working capital needs and investing excess cash.
• Reviewing and recommending changes to the organization’s investment policies based on the market conditions as well as assessing treasury performance benchmarks and recommending changes when necessary.
• Evaluation, development and implementation of cash management systems to optimize efficiency.
• Conducting benchmark studies on banks /other financial institutions and their services to evaluate capacity and compatibility for the organization’s needs.
• Developing and monitoring Treasury operations policies and ensuring compliance with the organization’s internal controls, policies & procedures.
• Overseeing and strengthening relationships with all banks and financial institutions as well as negotiating all bank and service fees.
• Forecasting daily cash requirements as well as daily company income and interest expense.
• Determination (with the CFO) of the organization’s tax position and the applicability of taxable/non-taxable instruments.
• Reconciliation of all daily cash receipts, daily bank deposits, daily POS transactions and petty cash transactions.

• Liquidity & Cash Management.
• Forex, Commodity & Interest Rate Exposure Management.
• Treasury Operations and Accounting.
• Risk Management & Policy Compliance.
• Funding & Investment Management.

• A Degree in Finance, Accounting, Business Management or other related field. A Post-graduate degree will be an added advantage.
• Should be a Member/Fellow of a recognized Accounting professional body: ICAN, ACCA, CIMA, etc.

• Minimum of 10 years' experience in Treasury Management with 7 years at Management/Leadership levels.
• Extensive experience in preparing cash forecasts, cash flow analysis and building financial models.
• The ability to lead and coach a team towards the achievement of departmental and organizational goals is fundamental.
• Age: The ideal candidate should not be less than 38 years old.
• Industry or previous work experience in a retail/Fast Moving Consumer Goods (FMCG), Telecommunication or Manufacturing environment.

• Strong analytical, financial and IT Skills (Familiarity with the use of an ERP application is an advantage)
• Excellent collaboration, verbal and written communication skills
• Excellent Presentation skills.
• Relationship Management.
• Critical thinking and decision making skills.
• Knowledge of investment portfolio strategy, banking and financial instruments.
• Accuracy and strong attention to detail.