Treasury Officer at Sisi HR

Sisi HR is recruiting a Treasury Officer in Nigeria. The role will support cash management, liquidity, banking reconciliations and treasury reporting.

Job Summary

• Support the day-to-day treasury operations of the Company through effective cash management, payment processing, liquidity monitoring, and treasury administration.
• Prepare cash flow forecasts, bank reconciliations, treasury reports, and funding schedules to support operational and strategic decision-making.
• Ensure timely and accurate processing of treasury transactions and maintenance of treasury records in compliance with approved policies and internal controls.
• Support treasury reporting, banking relationships, liquidity management, and corporate finance activities while maintaining effective segregation of duties within the treasury function.

Principal Duties and Responsibilities

Treasury and Cash Management

• Maintain and monitor cash inflows and outflows to ensure optimal liquidity and availability of funds for operational requirements.
• Monitor daily cash positions and prepare cash flow forecasts to support effective liquidity management and funding decisions.
• Coordinate payment runs, including vendor payments, payroll, taxes, direct debits, petty cash, and staff advances, ensuring timely processing and settlement.
• Initiate and monitor approved payments in accordance with established mandates, internal controls, and treasury procedures.
• Reconcile bank accounts, investment accounts, and treasury-related balances, investigating and resolving discrepancies promptly.
• Reconcile and maintain the accuracy and completeness of bank ledger balances and related treasury records.
• Ensure all incoming funds are accurately recorded, verified, and applied to the appropriate customer, vendor, or general ledger accounts.
• Maintain effective relationships with banking partners to facilitate efficient transactions, resolve banking issues, and optimize banking services.
• Prepare and provide timely treasury reports on cash positions, liquidity levels, funding requirements, and treasury performance.
• Maintain real-time visibility of cash balances and ensure adequate funding is available to support business operations and strategic initiatives.
• Manage petty cash operations and ensure compliance with approved cash handling policies, procedures, and controls.
• Support investment management, funding activities, and liquidity optimization initiatives in line with the Company’s treasury objectives.
• Monitor foreign exchange exposures and interest rate risks, and support the implementation of appropriate risk mitigation strategies.
• Ensure compliance with treasury policies, internal controls, regulatory requirements, and applicable accounting standards.
• Maintain complete, accurate, and up-to-date treasury records and supporting documentation for audit and reporting purposes.
• Support internal and external audit activities by providing treasury schedules, reconciliations, and other required information in a timely manner.

Education and Work Experience

• A Bachelor’s Degree in accounting, finance, economics or business-related fields
• Relevant professional certifications and membership (e.g., ACA, ACCA, or any other relevant professional body)

Competency and Skill Requirement

• Good knowledge of financial and accounting principles, including IFRS and financial reporting standards
• Strong working knowledge of treasury operations, cash management principles, processes, and best practices.
• Working knowledge of banking operations and reconciliation processes
• Good understanding and hands-on experience with treasury management and ERP systems (e.g., Odoo, Microsoft Dynamics, QuickBooks, Sage, etc.).
• Proficiency in Microsoft Office tools
• Ability to identify basic financial risks and support mitigation strategies
• Knowledge of internal controls and ability to support audit processes in treasury operations
• Strong attention to detail
• Analytical and problem-solving skills
• Good interpersonal and communication skills
• Ability to manage multiple tasks and meet deadlines under pressure
• High sense of responsibility, accountability, integrity, and ethical standards
• Willingness to learn and develop within treasury and corporate finance functions