Treasury Officer - Foreign Payment
Dangote Group , Nigeria

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Requires Traveling
No
Career Level
Telecommute
No
Qualification
High School or equivalent
Total Vacancies
1 Job
Posted on
Sep 13, 2021
Last Date
Dec 13, 2021
Location(s)

Job Description

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 Specification

Dangote Group

Information Technology and Services - Abuja, Nigeria