Treasury Manager

Dangote Group

The Treasury Manager is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.

We are recruiting to fill the position below:

Job Title: Treasury Manager

Location: Dangote Cement R Congo

Department: Finance & Accounting

Function: Support

Reporting Line: Chief Financial

Job Summary

• The Treasury Manager is responsible for planning, coordinating, and overseeing all treasury activities to ensure adequate liquidity for business operations, optimize cash flow management, and support the company's financial commitments.
• The incumbent will oversee banking operations, cash flow forecasting, payment management, collections, and relationships with financial institutions. while ensuring effective liquidity planning, financial risk mitigation, and compliance with internal control procedures.

Key Responsibilities

Operational & Functional:

• Monitor daily cash positions and bank balances.

• Prepare and update short, medium, and long-term cash flow forecasts.

• Monitor and Optimize cash flow and working capital management to support operational efficiency.

• Supervise supplier payments and customer collections, ensuring compliance with approved payment schedules and authorization procedures.

• Manage relationships with banks and financial institutions.

• Ensure the availability of funds required for business operations.

• Review bank transactions and oversee the timely preparation and verification of bank reconciliations.

• Prepare treasury reports for management review.

• Support budgeting and financial planning activities.

• Ensure compliance with applicable financial, fiscal, and regulatory requirements, as well as internal financial policies and proceduresIdentify treasury-related risks and recommend corrective actions.

• Support internal and external audit activities.

• Monitor banking facilities and financing arrangements to ensure optimal utilization and compliance with agreed terms.

• Identify and monitor liquidity, foreign exchange, and other treasury-related financial risks.

• Ensure proper segregation of duties and compliance with payment authorization procedures.

• Develop and monitor treasury performance indicators and recommend process improvement initiatives.

• Education & Experience

• Master's Degree (Bac+4/5 equivalent) in Finance, Accounting, Banking, Business Administration, or a related field.

• Minimum of five (5) years of professional experience in treasury management or corporate finance.

• Proven hands-on experience in cash flow forecasting, banking operations, and treasury reporting is required.

• Experience in an industrial or multinational environment is an advantage.

Skills & Competencies:

Technical Skills:

• Strong knowledge of treasury management and cash flow management.
• Sound understanding of banking operations, financial instruments, and financing facilities.
• Expertise in financial analysis, working capital management, and cash forecasting.
• Good knowledge of applicable accounting, financial, tax, and banking regulations, particularly within the OHADA and CEMAC regulatory frameworks.
• Advanced proficiency in Microsoft Excel and financial reporting tools.
• Proficiency in ERP systems, preferably SAP, particularly in financial and treasury-related modules.
• Ability to prepare and analyze financial reports and performance indicators.
• Knowledge of internal controls, risk management, and audit requirements.
• Ability to monitor banking facilities, financing arrangements, and treasury-related financial risks.

Soft Skills:

• High level of integrity, ethics, and confidentiality.
• Strong analytical and problem-solving skills.
• Attention to detail and accuracy.
• Excellent organizational and time-management abilities.
• Ability to work under pressure and meet tight deadlines.
• Strong verbal and written communication skills.
• Effective negotiation and stakeholder management skills.
• Proactive mindset and results-oriented approach.
• Teamwork and cross-functional collaboration skills.
• Leadership and ability to drive continuous improvement initiatives.

Benefits

• Competitive compensation package
• Health and social benefits
• Professional development opportunities
• Dynamic and multicultural work environment

Application Closing Date

Not Specified.