Manager, Banking Relations and Treasury at WACOT Limited

WACOT Limited is a part of TGI Group. Our business includes but are not limited to rice milling, soya milling, production of fertilizer and other agro-chemicals, sesame hulling which are exported to Asia and Europe, trade in grains such as maize, sorghum and groundnuts. We currently support the production of soya, rice, sesame, cotton, and maize as part of our out-growers initiative. WACOT has several MOU's in place to aid its contribution to the fastest growing Nigerian sector- agriculture.We are recruiting to fill the vacant position below:Job Title: Manager, Banking Relations and TreasuryLocation: LagosEmployment type: Permanent contractDetailsAs job holder, you will be responsible for directly managing the company’s banking relationships, bank accounts architecture and treasury operational process.Job DescriptionProvide supervisory support to the Banking relations team memberPeople development of Banking Relations team, developing the strong pipelineDevelopment of an optimal Bank accounts architectureResponsible for Bank accounts opening and closure; interbank and intrabank transfers, cash pooling etc.Management of Banking RelationshipsEnsure that all payments and receivables are captured on SAPEnsure clean Bank Reconciliation and proper system of resolution of any findingsTimely and effective month-end closingManage all month and year end reporting deadlines in compliance with management guidelinesOversee processing and tracking of all LC’ s and scheduleLiaise with the Banks for day-to-day operationManage relationships with financial service providersMonitor interest charges, bank transaction fees and address service quality issuesConduct benchmark studies of banks and their interest rates & services to evaluate, identify and prevent the revenue leakageEnsure efficient and effective internal control over banking transactionEnsure effective and efficient payment processImplementation and management of treasury operational processes and trade finance related transactionsEnsure compliance to the company treasury processes, company policy guiding treasury activities and all regulatory/statutory lawsMaintain procedure description of all activities under the scope.Ensure that Certificate of Capital Importation (CCI) are issued within 24 hours after receipt of the capital inflow and relevant documentationDevelop processes to optimize cash and liquidity management in line with management guidelinesProvide banking advisory support to managementEngagement of Switching companies and other online payment platform partnersCarry out all assigned tasks as directed by the Financial Controller 

Apply at https://ngcareers.com/job/2018-06/manager-banking-relations-and-treasury-at-wacot-limited-50/