Seven-Up Bottling Company Limited
Seven-Up Bottling Company Limited is one of the largest manufacturing companies in Nigeria, producing and distributing some of the nation’s most- loved beverages in the country like; Pepsi, 7Up, Mirinda, Teem, Mountain Dew, H2oH!, Lipton Ice Tea and Aquafina premium drinking water. SBC has recently entered into Home & Personal Care category with the 2SURE brand and launched its first product, a Hand & Surface Sanitizer. Seven Up boasts of nine bottling plants with state-of-the-art manufacturing facilities strategically located across various regions in the country.
We are recruiting to fill the position below:
Job Title: Finance Lead – Treasury
Location: Lagos
Employment Type: Full-time
Position Overview
- We are seeking a highly skilled Finance Lead – Treasury to join our dynamic finance team. The successful candidate will play a pivotal role in managing the treasury functions across multiple regions.
- This role requires a strategic thinker with a strong understanding of treasury operations, risk management, and financial analysis within the FMCG sector.
Key Responsibilities
- Execute daily cash management activities, including monitoring cash balances, forecasting cash flow positions, and ensuring adequate liquidity to meet operational needs.
- Prepare regular reports on cash position, liquidity, and treasury performance for senior management and stakeholders.
- Coordinate with various departments and subsidiaries to optimize cash utilization and minimize idle cash balances.
- Manage banking relationships, including negotiating banking services, implementing efficient banking structures, and monitoring bank fees and service charges.
- Oversee the administration of bank accounts, including account openings, closings, and signatory updates.
- Execute foreign exchange transactions and hedge currency risks to mitigate exposure.
- Develop and maintain short-term and long-term cash flow forecasts for multiple regions.
- Analyze variances between forecasted and actual cash flows and provide actionable insights to improve forecasting accuracy.
Qualifications
- Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
- Proficiency in financial analysis, financial modeling, and treasury systems.
- Excellent communication skills with the ability to interact effectively with internal and external stakeholders.
- Minimum of 5 years of experience in treasury management, preferably in the FMCG industry with exposure to multiple regions.
- Strong knowledge of cash management, liquidity management, foreign exchange, and risk management techniques.
Method of Application
Interested and qualified candidates should:
Click here to apply
Note: Only qualified candidates will be contacted.
Application Deadline 7th March, 2024.