Treasury Executive at Rainoil Limited

Job Title: Treasury Executive

Job Summary 

• The treasury executive is responsible for cash deposits, withdrawals and payments, petty cash administration and monitoring the organization’s cash position.

Duties and Responsibilities

• Maintains records to allow easy disbursement, reconciliation and replenishment
• Makes prompt payment to suppliers, vendors and other creditors when due
•  Manages the petty cash register as well as spread sheets to allow for reconciliation of accounts.
•  Raises cheques and prepares confirmation and transfer letters for approved payments over petty cash limit
• Processes expense retirement ledgers to ensure proper accountability of all cash advances
•  Processes updates to bank mandates and processes new account opening forms.
• Reviews bank statements daily to ascertain correctness of charges, commissions and posted transactions.
• Processes cash, cheques or direct debit payments to suppliers, vendors and other creditors
• Processes payroll payment.
• Creates and maintains (files) accurate records of cash requests and disbursements for each department.

 Requirements

• A minimum of a bachelor’s degree or Higher National Diploma (HND) in Finance, Accounting

Professional Experience:

• Minimum of 3 years of experience in treasury roles

Skills and Competencies:

• Strong understanding of financial services.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office Suite.
• Strong leadership and relationship management skills.
• Knowledge of treasury management principles, banking ethics, compliance, Know Your Customer (KYC), and Anti-Money Laundering (AML) regulations.
• Familiarity with International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP), and tax compliance standards.

Professional Certifications:

• Certifications such as Chartered Financial Analyst (CFA), Association of Chartered Certified Accountants (ACCA), or Institute of Chartered Accountants of Nigeria (ICAN) are advantageous.

Application Instructions:

The application deadline is on 31st January, 2025.. Therefore, qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION” It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Website:
Official Job Website: https://www.rainoil.com/careers/