Treasury Officer at DAG Industries Nigeria Limited

DAG Industries Nigeria Limited - We provide the most popular range of Bajaj motorcycles, Bajaj tricycles, Bajaj genuine spares, MRF tyres, DAG lubricants and unfaltering after sales service. Backed by its untiring team of professional and trained technicians, authorized service stations and its own service center, DAG has been instrumental in developing Nigeria through building infrastructure and creating jobs thereby providing a livelihood for the common people in Nigeria. We at DAG are committed to provide genuine spare parts, accessories, and a never failing support to its customers and business associates.

We are recruiting to fill the position below:

Job Title: Treasury Officer

Location: Ikeja, Lagos
Employment Type: Full-time

Job Summary 

• The Treasury Assistant will support the treasury department in managing the company's cash flow, banking relationships, and financial risk management processes.
• This role involves daily cash management, monitoring of bank accounts, assisting with financial reporting, and ensuring compliance with internal controls and financial regulations.

Key Responsibilities

• Prepare and execute fund transfers between bank accounts.
• Reconcile bank statements and resolve discrepancies.
• Maintain relationships with banks and financial institutions.
• Ensure compliance with banking covenants and conditions.
• Liaise with banks to resolve issues related to transactions and services.
• Assist in the preparation of regular treasury reports, including cash flow forecasts and liquidity reports.
• Prepare and maintain treasury-related documentation and records.
• Monitor and report on foreign exchange and interest rate exposures.
• Ensure compliance with internal controls and financial policies.
• Assist in the development and implementation of treasury policies and procedures.
• Identify opportunities for process improvements within the treasury function.
• Support the implementation of new treasury systems and tools.
• Ensure compliance with regulatory requirements related to treasury operations.
• Assist in internal and external audits related to treasury functions.

Qualifications

• Education: Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Experience: 1-3 years of experience in treasury, finance, or accounting roles.

Skills:

• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel and financial software.
• Knowledge of banking systems and financial instruments is an added advantage.
• Excellent communication and interpersonal skills.
• Attention to detail and accuracy in financial reporting.
• Knowledge in Form M and Forex Procurement.

Working Conditions:

• Mon-Sat (8 am - 6 pm) However Saturday is one day on, one day off.
• May require occasional overtime during peak periods or to meet deadlines.

Salary
N150,000 Monthly (Gross).

Application Closing Date
9th January, 2025.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the job title and location as the subject of the mail.