Treasury Officer - Local Payment
Dangote Group, Nigeria

Responsibilities:

• Ensured timely processing and funding of LCs and Bills for the Collection for (5) lines for Obajana Plant after obtaining approval.
  
• Ensured timely processing of foreign direct payments and follow-up with the banks for quick remittance
• Ensure collection of telexes and filling it with the relevant supporting documents.
• Reviewing debits in the statements in respect of transactions processed and raising all necessary entries for posting by Accounts Department
• Ensure documents are submitted to Account Department for posting prior to payment. Any payment un-posted in the account must be identified and relevant documents must be passed to Account for immediate posting along with the statement under 24 hours.
• Maintains and Update LC Registers, Dom Account Payment Registers and other Remittance Registers
• Preparation of list of pending payments and submission of same for management approval for payments.
• Preparation of daily balances and collection reports for Navy Team
• Ensure provision of relevant documents to account in case of reconciling items relating to daily, mid-month and monthly reconciliation statements to the reconciliation team for immediate clearing.
• Assist in processing of Statutory Payments for NIMASA, NPA, Vessel Charter and Demurrage thereof in respect of consignments for Gypsum, Coal, LPFO amp; AGO.
• Ensured proper and orderly filing of documents to enhance easy storage and retrieval by handing over documents for auto-scanning, archiving, and maintaining hard copies for a reasonable period before disposal.

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