Treasury Coordinator

Major Requirement: Oil & Gas Experience

Job Location: Lagos, Nigeria

Job Type: Full-Time

Job Purpose/ Objectives:

• The Treasury Coordinator will be responsible for managing and forecasting cash across the group in the short, medium, and long term.

Principal Accountabilities:

• Oversee the company’s banking infrastructure, ensuring timely execution of naira and FX payments.
• Manage cash flow and liquidity, guaranteeing the company’s ability to meet obligations while optimizing reserves.
• Handle indirect tax profiles such as WHT, VAT, and NCD, ensuring compliance and risk minimization.
• Liaise with banks on debt management and currency exchange processes, mitigating risk.
• Enforce treasury policies, oversee vendor onboarding, and manage accounts payable through the 3-way match system.
• Prepare bank reconciliations across all business entities and play vital role in the company’s annual audit by providing well-documented treasury information.
• Maintain loan repayment schedules, ensuring timely payments to banks and external partners.
• Set up payments on banking platforms and prepare fund transfer documents.
• Ensure sufficient funds are available to meet ongoing operational and capital investment requirements.
• Maintain banking and credit rating agency relationships.
• Monitor the activities of third parties handling outsourced treasury functions on behalf of the company.
• Maintain and recommend policies and procedures that ensure adequate control over treasury activities.
• Ensure all banking and signatory requirements are up to date.
• Conduct month-end duties such as balance sheet reconciliations and entries.
• Ensure compliance with all financial covenants, working closely with the corporate finance team.
• Provide guidance and assistance to the business as required.
• Perform user administration duties on direct banking systems.
• Ensure systems are fully utilized to manage treasury operations efficiently.
• Ensure compliance with all control procedures.
• Supervises junior treasury staff and Accounts Payable team and ensures compliance with policies and procedures.
• Responsible for managing company cash flow, investments, and liquidity positions.
• Ensures proper allocation of funds and adherence to budgetary constraints.
• Perform all other duties that are necessary and reasonably attached to this Treasury Coordinator position and the fulfillment of its responsibilities.
• Any other responsibilities as assigned by the Chief Financial Officer.

Job Requirements:

Qualifications

• Bachelor’s/HND degree in Finance, Accounting, Economics or a related field.
• Candidate must have one of the following certifications:
• ACA, ACCA, CPA or related accounting certification.

Knowledge, Skills & Competencies:

• Strong understanding of financial risk management, debt financing, and FX risk mitigation.
• Knowledge and experience in Nigerian taxation and all statutory reporting requirements is essential.
• Must be versatile in International Financial Reporting Standards in the context of oil and gas industry.
• Knowledge of information systems implementation methodologies, governance and control will be an added advantage.
• Must excel in oral and written English language.
• Proficiency in Microsoft Office Suite (Word, Outlook, PowerPoint, Excel) for reporting and analysis.
• Strong analytical, organizational, and communication skills.
• Ability to handle confidential information with discretion.
• Self-motivated and capable of working with minimal supervision.

Experience

• Minimum of 8 years’ experience in a Treasury role or subdivision in the Finance department of a large organization.
• Experience in the Oil and Gas upstream industry will be an added advantage.

Personal Attributes

• Can multitask and work under pressure
• Proactive, creative, can ‘do’ attitude.

Personal & Other Requirements

• Displays a quality of work that reflects high professional standards.
• Projects a professional and positive image at all times.