Chief Operating Officer at iWorld Outsourcing Limited

iWorld Outsourcing Limited - Our client, a key player in the insurance sector, is recruiting suitable candidates to fill the position below in one of its subsidiaries:

Job Title: Chief Operating Officer

Location: Lagos
Employment Type: Full-time

Job Duties / Responsibilities

• Generate new businesses, maintain strong client relationships and ensure profitability.
• To efficiently manage the treasury function of the organization.
• Ensures treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal control.
• Source funds required for the company’s operations.
• Oversee Cash flow forecasts for weekly and monthly cash inflows and outflows.
• Provides financial planning, budgeting and reporting activities, while also develop, implement and support financial modelling and analysis for budgeting and forecasting.
• Provides timely and accurate financial projection updates, identifying risks & opportunities along with recommendations.
• Protect company’s margins through control and reduction of finances costs.
• Manage the risk asset portfolio of the organization.
• Carry out operations in accordance with internal and CBN regulations
• Ensures compliance with internal controls, policies and procedures
• Develops and implements asset and liabilities, liquidity and maturity risk
• Understands market sentiments, take advantage of market trends and predict future market behavior.
• Measures, Monitors and controls interest rate risk (IRR)
• Monitors the firm cash and liquidity position and ensures that the treasury risk limits and statutory reserve requirements are adhered to on daily basis.
• Monitors interest rates and ensure rates are consistent with the firm policies.

Qualifications

• First Degree or its equivalent in related disciplines from a reputable tertiary institution
• Membership of a relevant professional association e.g., ICAN, CIS, CIBN, ACCA, etc.
• A Masters and/or Doctorate degree in the social science will be an advantage.

Experience:

• Should possess at least 10 years relevant experience of which at least five (5) must have been at a senior and strategic management level.
• Between 5/10 Years experience of successful commercial management.
• Highly developed and finely tuned experience of setting strategic direction.
• Experienced in producing and developing strategic business plans.
• IFRS knowledge.
• Financial Reporting Council of Nigeria Act, 2011.
• CBN Monetary Guidelines.
• Pension Reforms Act 2014
• Global best practices in Treasury Management
• Knowledge in Back-Office Support for corporate Treasury
• Extensive experience in liquidity Management and accounts payable settlement
• Conversant with up-to-date treasury products, policies and accounting rules

Application Closing Date
20th February, 2023.

Method of Application
Interested and qualified candidates should send their Curriculum Vitae (CV) are to be sent as a word document or PDF using their First and Last Name as the file name to: [email protected] using the Job Title as the subject of the mail.

Note

• Candidates whose applications do not follow the above format will not be considered.
• Only shortlisted candidates will be contacted.
• Build your CV for free. Download in different templates.