Finance Lead - Treasury at Seven-Up Bottling Company Limited

Finance Lead – Treasury at Seven-Up Bottling Company Limited

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.