Job Title: Treasury Assistant
Location: Lagos, Nigeria
Sector: FMCG

Job Purpose:
The job holder will proactively support to execute Treasury & Cash Management processes such as, cash management, Import, Foreign exchange transactions management, Insurance risk management, credit facilities, and banking relationships.

Business/Operational Results
• Provide proactive support (within the global treasury strategy framework) in order to implement opportunities for enhancing treasury effectiveness and to assist teams in delivering the global Treasury strategy.
• Execute treasury management activities following agreed global standard processes and frameworks
• Effective monitoring of cash status in all client Group banks to ensure compliance with mandates and counterparty limits.
• Effective monitoring of all trade transactions to ensure payments are made timely and proper ledger posting of the transactions.
• Ensure that discrepancies in documentation by suppliers are sorted out quickly to facilitate supplier payment.
• Efficient allocation of transactions and receipts across banks.
• Effective Foreign exchange bids at inter-bank and export proceeds utilisation.
• Identify opportunities and implement for continuous improvement with regard to treasury management processes and systems.

Leadership Results
• Ensure that employees are aware of regulations governing foreign exchange and other transactions.
• Ensure Treasury operating procedures and control systems are implemented throughout the company.

Management Results
• Timely and accurate maintenance of the LC & Bills tracker.
• Timely preparation of monthly clearing journals to GL and other reports.

Relationships Results
• Effectively interface with other finance functions (including AP, GL, and Marketing Finance) to achieve targets and accurate reporting.
• Effective relationship with banks to achieve competitive costs, support and improved services.

Business context
• The Treasury Assistant will work with and report directly to the Treasury Executive.
• The Treasury Executive will add value by driving innovative solutions that support Treasury operations.

Innovation Results (Internal & External)
• Play a lead role in the periodic review of treasury manual and other policies.
• Drive the pooling initiative

Knowledge, Skills & Experience
• Degree educated with related professional qualification i.e. (ACA, ACCA, CIMA, CPA)
• Minimum 1-5 years’ experience in an FMCG or similar environment
• In depth knowledge / experience in one or more specialist treasury activity
• Thorough understanding of Accounting principles
• Excellent interpersonal skills
• Good written & oral communication skills

Qualified candidates should send CV’s to vacancies@tusenconsulting.com using “Treasury Assistant” as the subject of the email. Only qualified candidates will be contacted.