Dangote Group 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 Officer
Reference No: Finance-Obajana-002 Location: Obajana, Kogi
Job Type: Full time
Category: DCP - Finance
Manage DCP’s liquidity and cash flow ensuring business needs are met in a cost effective and prudent manner.
Manage and oversee funds requests, transfers and payment processing and relationship management.
Key Duties and Responsibilities
Manage the plant’s daily cash flows/ liquidity and ensure availability of funds to meet the company’s operations and all likely contingencies.
Prepare cash forecasts and manage cash flows/cycles ensuring availability of adequate funds to meet DCP’s daily operational requirements.
Identify the need and request for funds from Group Treasury as required.
Recommend strategies for raising necessary funds to facilitate the realisation of the Plant’s operational and corporate objectives.
Validate all supplier and vendor payments and ensure that all requests for payment are supported with valid invoices/ receipts and other supporting documents in line with DCP’s financial policies.
Oversee the disbursement of cash ensuring compliance with defined policies and procedures.
Establish and manage relationships with key bankers and investors.
Participate/ provide inputs in the review of DCP’s bankers ensuring compliance with Service Level Agreements (SLAs).
Manage the unit’s budget, review and approve expenditures as defined in the approved manual of authority
Continually identify new banking service opportunities and provide recommendations and/ or business case for adoption of such services.
Perform any other duties as assigned by the Head, Plant Finance.
Education and Work Experience
Bachelor’s Degree in Accounting, Economics or other related discipline.
Relevant professional certification (e.g. ACA, ACCA, CIMA, CFA).
Minimum of ten (10) years relevant work experience.
Skills and Competencies
Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
Strong finance and accounting knowledge, including experience with International Financial Reporting Standards (IFRS).