Treasury Operations Analyst

We are recruiting to fill the position below:

About the Job

• The Treasury & Trade analyst will manage treasury operations, trade finance activities, and banking relationships.
• The role holder will be responsible for processing and reconciling treasury and trade transactions, managing Letters of Credit (LCs), foreign exchange (FX) activities, bank reconciliations, and ensuring accurate financial reporting and SAP postings.

What you'll be doing
Health & Safety:

• Ensure that safety rules and standards are maintained always.

Trade Operations:

• Ensure that audit secularization issues from the bank related to Trade and FX transactions are delivered to the banks and all discrepancies are reconciled.
• Collaboration with internal Stakeholders: Industrial,Procurement, shipping teams for smooth operations as related to documents for processing LCs, postings transaction andpayment on already shopped goods
• Ensure all trade transactions paid by Bank on SAP are posted within 7 days of creation of the noted items. F-53
• Coordinate all activities surrounding the Credit and Debit card e.g issuance, Loading, reimbursement, settlement and replacement
• Manage all LC documentations are finalized within a stipulated period of time.
• Manage Charges on transactions are reviewed in line with existing facility approvals.
• Develop and submit payment report to be shared on the 3rd of every month, outstanding Liabilities to Vendor & Bank on the5th of every month and other Contingent reports by the 3rd ofevery month
• Spool the vendor due payments with the Banks for FXpurchases every fortnightly and close all LC discrepancies with the Banks on payment every month
• Develop journals for the GL team with regard to all trade transaction postings- FX purchases, forwards, Debit to account for Trade-related transactions
• Ensure prompt processing of all manual payments outside auto-pay
• Manage that unlisted LC balances are refunded on a timely basis
• Manage all Letter of Credits (LC) for the suppliers
• Collaboration with Banks to Manage Trade reports are shared as at when due,
• Assist in preparing all Trade and FX Treasury related account schedules are prepared and submitted to the Head of Accounts for external audit purposes within the timeline specified.
• ?Attend to statutory payment via the Remita platform to ensure the Remita receipt is generated by the bank and shared with the requestor.
• Ensure documentation for Letters of Credit imports and FormM is dealt in fast turnaround time
• Review of cash report to ensure Banks entries are correct

Requirements

• Trade & FX management
• 3 years demonstrated experience Treasury Operation management
• Familiarity with SAP systems
• Accounting principles
• Good knowledge of Microsoft Excel
• Experience in a Logistic Service provider with emphasis on trade management will be an advantage.
• Treasury Operations Management
• HND / BSc Degree in Accounting, Economics, Statistics, Banking & Finance etc, an ACA/ACCA qualification
• Banking Regulations