Treasury Officer - Foreign Payment
Dangote Group, Nigeria

Responsibilities:

• Liaise with Global Trade Department and Banks on all LCs processed for all plants and ensuring update of LCs register.
• Liaise with all plants in respect of pending import documentations for spares, equipment, and raw materials for cement manufacturing.
• Collation of all plant’s requests in respect of forms M and LCs processing for spares, equipment and other raw materials and follow up with Global Trade and Banks to ensure seamless processing
• Maintain registers of all forms M showing update on issuance, LC establishment and unutilized balances.
• Advise all processed LCs to the Plants immediately on receipt of transmitted telexes from the bank.
• Preparation of approval memos for funding amp; payment of Letters of Credit
• Generate letter for funds transfers to banks for funding of operations accounts for FX Bids through CBN amp; Interbank Purchases.
• Review bank statements for debits in respect of LCs cost and Trade Line Charges and forward it to accounts for immediate posting.
• Prepare daily balances and sales collection reports
• Analyse daily statements of accounts and ensure all exceptions are taken up for appropriate corrections either by the bank or by Treasury Unit.
• Generate Account Statements to reconcile payments that have been made from for CBN Bids or LCs establishment.
• Supervise Proper and orderly filing by providing necessary documents to the Scanning Officer to enhance easy storage and retrieval
• Any other duties as may be assigned by immediate supervisor and the Group Treasurer amp; RCFO / GCFO

Requirements

Education and Work Experience

• Bachelor’s degree or its equivalent in Accounting, Finance, Economics or any other related discipline.
• 3 - 6 years relevant work experience.

Skills and Competencies

• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
• Good knowledge and understanding of Treasury best practices, IFRS, and other applicable accounting standards.

Key Requirements.

• Basic knowledge of accounting packages and systems, including SAP.
• Good communication and interpersonal skills.
• Good Organisational skills.
• Good data gathering, analysis and problem solving skills
• High ethical standards and integrity.
• Proficiency in the use of MS Office tools.
• Ability to work independently under minimal supervision.

Benefits

• Private Health Insurance
• Paid Time Off
• Training amp; Development
• Career Development

Job Rewards and Benefits