Senior Treasury Officer

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

• The job holder will ensure cash reporting is accurate and timely, manage financial risks, and oversee treasury activities to ensure compliance with company policies and regulations.

Principal Accountabilities:

• Oversee the companys banking infrastructure, ensuring timely execution of naira and FX payments.

• Manage cash flow and liquidity, guaranteeing the companys 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 companys 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.

• Any other responsibilities assigned by the Treasury Supervisor.

Supervisory Responsibilities

• Supervises junior treasury staff and Accounts Payable team and ensures compliance with policies and procedures.

Financial & Budgetary Responsibilities:

• Responsible for managing company cash flow, investments, and liquidity positions.

• Ensures proper allocation of funds and adherence to budgetary constraints.

Qualifications

• Bsc. in Finance, Accounting, or a related field.

• ACA, ACCA, CPA.

• Minimum of 5 years experience in a Treasury role within the Oil and Gas upstream industry.

Knowledge, Skills & Competencies

• 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.

Personal Attributes

• Can multitask and work under pressure

• Proactive, creative, can ‘do attitude.

Physical & Other Requirements

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

Information :

• Company : LEKOIL Nigeria Limited
• Position : Senior Treasury Officer
• Location : Lagos
• Country : NG