Head Treasury

Responsibilities:

Cash Management:

• Manage daily cash positions to ensure adequate liquidity for operational needs.
• Monitor cash flows and forecast future cash requirements.
• Optimize cash balances by investing excess cash and minimizing idle funds.

Liquidity Management:

• Develop and implement strategies to optimize the company's liquidity position.
• Maintain relationships with banks and financial institutions to ensure access to credit facilities and funding sources.
• Assess and mitigate liquidity risks associated with changes in market conditions or business operations.

Risk Management:

• Identify, assess, and mitigate financial risks, including interest rate risk, foreign exchange risk, and credit risk.
• Develop and implement hedging strategies to protect against adverse market movements.
• Monitor and report on key risk metrics to senior management and the board of directors.

Financial Planning: 

• Develop and manage short-term and long-term financial plans to support the company's strategic objectives.
• Prepare financial forecasts and projections to support decision-making and resource allocation.
• Work closely with other departments, such as finance, accounting, and operations, to ensure alignment of treasury activities with overall business goals.

Compliance and Reporting:

• Ensure compliance with regulatory requirements and internal policies related to treasury operations.
• Prepare and file required regulatory reports, such as cash flow forecasts, foreign exchange exposure reports, and debt covenant compliance reports.
• Coordinate with internal and external auditors to facilitate audits of treasury activities.

Education and Experience:

• A bachelor's degree in finance, economics, accounting, or a related field required.
• Professional certifications such as Certified Treasury Professional (CTP) or Chartered Financial Analyst (CFA) is an added advantage.
• Minimum of (10) ten years of experience in treasury, finance, or banking, with a track record of success in managing treasury operations
• At least (5) Five years preferably in a senior-level position
• Knowledge of the banking industry and financial products and services.
• Extensive experience implementing and maintaining treasury policies and procedures to ensure compliance with regulatory requirements
• Proven ability to evaluate and manage financial risk exposure, including interest rate risk, liquidity risk, and credit risk

Skills Required:

• Effective relationship building, negotiation and facilitation skills
• Manage time effectively and work well under pressure to meet deadlines.
• Ability to identify process improvement opportunities.
• Ability to break down problems into meaningful parts and come to rational and well-thought-out conclusions.
• Internally motivated to seek out answers, generate ideas, and to develop new skills.
• Strong analytical, financial and system skills
• Good technical skills, market & product knowledge and capable of responding to change in both the working and market environment

Location: Lagos, Nigeria