Job Summary
The Treasury Officer will be responsible for managing the company’s cash flow, banking relationships and payments.
The role ensures liquidity for smooth operations, optimizes working capital, and maintains compliance with financial regulations
The role will require expertise in financial software, liquidity management and cash flow, banking operations and financial instruments and Nigerian tax laws and financial regulations.
Key Responsibilities
Monitor daily cash and bank positions and forecast short-term and long-term cash requirements.
Administering of Imprest Account, disburses and analyses the account
Ensure sufficient liquidity to meet operational needs and financial obligations.
Maintain a simplified cash flow forecasting model to support business decisions
Manage banking transactions, including deposits, withdrawals, and fund transfers.
Establish and maintain relationships with banks and financial institutions.
Ensure timely reconciliation of bank statements with company accounts.
Process vendor payments, payroll disbursements, and statutory remittances.
Oversee accounts receivable collections and follow up on overdue payments.
Implement effective payment schedules
Raising of cheques and payment voucher
Ensure compliance with internal controls to prevent fraud and unauthorized transactions.
Monitor loan repayments and interest costs to optimize financial expenses.
Ensure compliance with FRC, FIRS, and other financial regulations.
Handle statutory financial obligations like VAT, PAYE, WHT, and CIT remittances.
Prepare treasury reports for management and external auditors
Maintain and improve treasury management systems and reporting tools.
Recommend and implement process improvements to enhance efficiency.
Qualifications, Skills and Experience
Bachelor’s Degree / HND in Accounting, Finance, or a related field.
Progress in Professional certification (e.g., ICAN/ ACCA) is an advantage
2+ years of experience in treasury, banking, or financial management.
Prior experience in a manufacturing or agricultural company is an added advantage.
Must have excellent communication skills.
Strong liquidity management and cash flow skills.
Knowledge of banking operations and financial instruments.
Understanding of Nigerian tax laws and financial regulations.
Proficiency in financial software (e.g., SAP, QuickBooks, Tally, or ERP systems).
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Interested and qualified candidates should forward their CVs to: cv@ascentech.com.ng using the job title as the subject of the mail.
Apply via :
cv@ascentech.com.ng