Treasury Manager at Phillips Outsourcing Limited – Ogba, Lagos

Phillips Outsourcing Limited is recruiting a Treasury Manager in Ogba, Lagos. Manage trade finance, bank relationships, foreign exchange, liquidity, borrowing and treasury compliance in Lagos.

Job Summary

• We are seeking an experienced Treasury Manager to oversee trade finance transactions, treasury operations, banking relationships, foreign exchange activities, debt management, and cash flow planning.
• The successful candidate will ensure regulatory compliance, optimise financing costs, and provide effective leadership to the treasury and finance operations team.

Key Responsibilities

• Manage Letters of Credit (LCs), Bills for Collection, import/export documentation, and trade finance facilities.
• Liaise with banks and financial institutions on trade transactions, credit facilities, interest rates, and documentation.
• Execute foreign exchange transactions and manage royalty payments in line with applicable regulations.
• Oversee daily cash positioning, liquidity management, and short-term investment placements.
• Prepare cash flow forecasts, treasury budgets, financial reports, and variance analyses.
• Manage borrowing facilities, debt schedules, interest payments, loan maturities, and financial covenant compliance.
• Monitor financing costs, bank charges, and foreign exchange exposure.
• Support month-end and year-end closing, bank reconciliations, and treasury reporting.
• Ensure compliance with CBN regulations, FIRS requirements, IFRS standards, and internal financial policies.
• Lead, coach, and supervise a team of six treasury and finance operations staff.
• Maintain effective relationships with banks and internal stakeholders across Finance, Supply Chain, Legal, and Commercial Finance.

Requirements

• Full membership of ICAN is mandatory.
• 7–10 years’ relevant experience in trade finance, treasury operations, or corporate banking.
• Demonstrable hands-on experience managing Letters of Credit, Bills for Collection, foreign exchange transactions, debt facilities, and banking relationships.
• Experience in a large corporate organisation or FMCG environment is preferred.
• Proficiency in SAP FI/CO and Treasury & Risk Management modules.
• Advanced Microsoft Excel skills, including financial modelling, pivot tables, and financial reporting.
• Strong knowledge of CBN foreign exchange regulations, Nigerian import regulations, IFRS, and corporate debt management.
• Proven leadership, analytical, negotiation, and stakeholder management skills.
• High integrity, attention to detail, and the ability to work under pressure.
• ACA, ACCA, CFA, or Certified Treasury Professional (CTP) qualification.
• Experience in a multinational FMCG or brewery environment.
• Knowledge of SAP S/4HANA, Power BI, and IFRS 9 hedging and debt accounting.