Treasury Specialist

KEY ROLES & RESPONSIBILITIES (Duties)

Foreign Exchange (FX) Management

• Source negotiate and execute FX transactions (spot and forward where available) through banks the official window and approved channels in line with CBN regulations.
• Monitor daily FX rates and market conditions; advise the Finance Director on optimal timing and pricing of conversions.
• Manage Form M Form A and related documentation for imports and offshore payments ensuring full regulatory compliance.

Bank & Ledger Reconciliation

• Perform and review daily weekly monthly or when required bank reconciliations across all company accounts Naira and domiciliary ensuring all reconciling items are investigated and cleared within agreed timelines.
• Reconcile treasury-related general ledger accounts (cash bank intercompany funding accrued interest FX gain/loss) and resolve discrepancies with the financial reporting team.
• Maintain a clean auditable reconciliation trail; own the resolution of aged or unexplained items and escalate exceptions promptly.

Posting & Ledger Integrity

• Ensure accurate and timely posting of all treasury transactions receipts payments bank charges interest FX conversions and revaluations into the ERP/accounting system.
• Apply correct GL coding cost center allocation and supporting documentation to every posting.
• Compute and post monthly FX revaluation entries on foreign currency balances in line with applicable accounting standards (IAS 21).

Payment Scheduling & Execution

• Prepare and manage the daily weekly and monthly payments schedule covering vendors site landlords/lease obligations payroll funding debt service and statutory remittances (taxes pensions levies).
• Prioritize payments against available liquidity and cash flow forecasts; present the schedule to the Director Finance for review and approval.
• Manage payment confirmations advice to vendors and resolution of failed or delayed transactions.

Cash & Liquidity Management

• Support the preparation of 13-week rolling cash flow forecasts and daily cash position reports across all entities and accounts.
• Manage intercompany funding flows and ensure appropriate documentation of intercompany positions.

Banking Relationships & Facilities.

• Serve as day-to-day contact with relationship banks; negotiate charges rates and service levels.
• Manage account opening/closure mandates and signatory updates.

Controls Compliance & Reporting

• Maintain and enforce treasury policies authorization matrices and segregation-of-duties controls.
• Support internal and external audits with timely provision of reconciliations schedules and supporting documents.
• Produce monthly treasury reports: bank charges analysis and payment performance.
• Perform any other duties as may be assigned by the line manager.

ACADEMIC QUALIFICATIONS (Minimum) & SKILLS

• ./HND in Accounting Finance Economics or a related discipline.
• Professional qualification is an added advantage.
• Minimum of 2-5 years finance experience with at least 2 years in a treasury-focused role. Experience in telecoms infrastructure or another capital-intensive sector is a strong advantage.
• Demonstrable hands-on experience with FX sourcing and importing documentation is an added advantage.
• Working knowledge of an ERP system and advanced Excel skills is an added advantage.
• Sound judgement in prioritizing payments under liquidity constraints and the confidence to defend those calls.
• Strong negotiation and relationship management skills with banks and financial institutions.
• High integrity and discretion in handling sensitive financial information and funds movement.
• Ability to work to tight month-end and payment-cycle deadlines with minimal supervision.

Required Experience:

Senior IC

Employment Type : Full-Time
Experience: years
Vacancy: 1