Specialist, Treasury at IHS Towers

IHS Towers is the largest independent mobile telecommunications infrastructure provider in Europe, Africa and the Middle East. Founded in 2001, IHS provides services across the full tower value chain – colocation on owned towers, deployment and managed services.

Today IHS Towers has operations in Nigeria, Cameroon, Côte d’Ivoire, Zambia and Rwanda. Following the recent acquisitions of MTN and Etisalat’s tower portfolios in Nigeria, IHS owns over 23,300 towers in Africa.

We are recruiting to fill the position below:

Job Title: Specialist, Treasury

Location: Lagos
Job Type: Full-Time

Job Purpose

• Coordinate all import processes in line with banking regulations.

Job Responsibilities

• Process, track, record and monitor all International Trade and Imports related transactions.
• Process and upload journal entries for Shared Service Centre (SSC) postings of International Trade related transactions as at when due (T+2 of transaction date).
• Keep an up-to-date database/ tracker of Letters of Credit (LC) and LC loans by regularly following up with the bank.
• Process LC requests, Bills for Collection, and Non-Valid for FX.
• Assist in updating Forms A and Forms M on the Central Bank of Nigeria (CBN) portal while complying with CBN regulatory requirements for imports.
• Monitor and follow through for compliance of imports with CBN regulatory requirements.
• Offer expert advice to Supply Chain on LCs and Forms M.
• Monitor and report on the accuracy of LC and related charges.
• Provide inputs and support to track and report on FX exposures.
• Provide inputs to the short-term weekly cash forecasts.
• Monitor and follow up with the bank for prompt processing and issuance of Pre-Arrival Assessment Reports (PAARs) for custom duty assessment generation.
• Process custom duty payments in line with Service Level Agreements (SLAs).
• Ensure complete shipping documents are delivered on time to IHS by the bank, thereby avoiding demurrage arising from late collection of Original Bill of Lading (OBL).
• Follow up with Supply Chain for Final Exchange Control document and ensure submission at the bank in line with regulatory requirements.
• Monitor the bank charges from international and forex related transactions to ensure that they are correctly charged.
• Prepare loan repayment (Interest and Principal) letters.  
• Perform other tasks and duties as assigned by the Principal Specialist, Forex & Imports.

Qualifications

• Bachelor’s Degree in Finance, Accounting, or any related discipline.
• Relevant professional certification, e.g. ACCA, will be an asset.
• +2 years’ cognate experience in a Finance environment.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online