Treasury Analyst at Unilever Nigeria Plc - NewBalancejobs

Treasury Analyst at Unilever Nigeria Plc

Unilever Nigeria Plc

Treasury Analyst at Unilever Nigeria Plc. Please ensure you read the job requirements before applying for this position.

Unilever Nigeria Plc – Welcome to Unilever, a global multinational and fast-moving consumer goods (FMCG) company with products sold in over 190 countries and more than 2 billion consumers across the world who use our amazing products everyday!

We are recruiting to fill the position below:

Job Title: Treasury Analyst

Job ID: R-56157
Location: Lagos
Category: Finance

Main Job Purpose

  • Effective Liquidity, foreign exchange and commodity backroom operations management are critical to ensure the safeguard of Unilever’s financial assets.
  • This role is involved in the Treasury operations for Unilever Nigeria and will support the day-to-day Treasury and commodity hedging operations and be the lead for upcoming Treasury projects.
  • The role will also oversee the management of the Pension funds for the Business as well as the insurance activities for the Business and its assets.
  • The role will also be focusing on managing the Liquidity and Foreign exchange requirements for the business in addition to running the back-office operations in addition to managing and maximizing the Tax liabilities for the Business.

Job Summary
Banking:

  • Lead and work with Treasury Manager to ensure adequate facilities are available to meet existing and future business funds requirements.
  • Develop and maintain effective operational network with key Banks/Financial Institutions to ensure smooth operations and harness opportunities.
  • Responsible for administering role for Bank related systems.
  • Co-ordinate and ensure documentation in place to transact with Banks (facilities letter, documentation, director’s resolution etc)

Liquidity Management:

  • Ensure Unilever’s financial assets are safe guarded with proper planning of short-, medium- and long-term cash requirements. This includes funding requirements and maximizing long term returns on excess liquidity.
  • Identify opportunities for cost savings or increase returns on excess cash.
  • Reviews company’s cash forecast and performs an analysis on the projected vs. reported cash holdings.
  • Forecast day-to-day cash flow positions, related borrowing needs, and available funds for investment.

Exposures management:

  • Mitigates financial risks related to the interest rates on the foreign exchange positions.
  • Propose Forex strategies and exposure limits incorporating market insights on Forex trends into hedging decisions.
  • Design and implement full end to end (process design, systems, accounting treatments) solutions for back-office operations on new commodities, instruments, and regions.

Governance, Compliance & Documentation:

  • Maintains policies and procedures that impose an adequate level of control over treasury operations.
  • Ensures all transactions are completed in accordance with the Schedule of Authorities and are properly documented.
  • Responsible for the Treasury Policy compliance and observing Forex limits.
  • Establish and report treasury KPIs.

Key Skills Requirements

  • Minimum of 5 years’ work experience with at least 2 years as a team lead
  • Financial and Treasury Management
  • CIMA/ACCA/ICAN certification is required.
  • Excellent communication and interpersonal skills
  • Tax Accounting
  • Strong SAP Knowledge & Excel spreadsheet skills

Key Interfaces
Internal:

  • Functional Directors
  • Finance Business Partners
  • Financial Control
  • Customer Development Heads of Units
  • Regional Treasury and Tax Teams

External:

  • Banks

Method of Application

Interested and qualified candidates should:
Click here to apply