Posted on Thu 20th Mar, 2025 - hotnigerianjobs.com --- (0 comments)
Sahel Consulting Agriculture and Nutrition Ltd (SCANL) is a leading management consulting firm focused on Africa’s agricultural and nutrition sectors. We partner with government agencies, private sector companies, and leading international development organizations to conduct research, analyze policies, develop strategies and implement programs that promote sustainable food security and improved nutrition. We have worked on a variety of projects across West Africa, including in Benin, Burkina Faso, Ghana, Mali, Nigeria, and Senegal.
We are recruiting to fill the position below:
Job Title: Treasury and Compliance Lead
Location: Abuja (FCT) with occasional travels across Nigeria
Key Roles and Responsibilities
Treasury Functions:
Develop and execute liquidity and investment strategies to optimize cash utilization and maximize returns.
Oversee cash flow forecasting, ensuring sufficient liquidity for operations while minimizing idle funds.
Manage banking relationships, negotiate banking terms, and oversee credit lines, loan facilities, and investment accounts.
Managing risk related to currency fluctuations and ensuring compliance with treasury policies.
Financial Planning and Analysis:
Assist in the preparation of budgets and financial forecasts.
Analyze variance reports to provide insights for management decision-making.
Conduct financial analysis on investment opportunities or new projects, advising on the impact on cash flow and liquidity.
Advise leadership on cost optimization strategies and working capital management.
Risk Management and Internal Controls:
Implement risk management strategies related to liquidity, interest rates, and foreign exchange exposure.
Conduct regular internal audits to evaluate control effectiveness and identify any areas for improvement.
Develop, monitor, and refine internal control policies to mitigate financial risks and enhance process efficiency.
Compliance Monitoring and Reporting:
Ensure compliance with local and international financial regulations, including IFRS, tax laws, and anti- money laundering (AML) requirements.
Oversee compliance with donor and government regulations for grant-funded projects, ensuring financial transparency and accountability.
Coordinate with tax consultants and legal advisors on applicable taxes, and regulatory filings.
Implement and maintain treasury and compliance policies, ensuring full regulatory adherence.
Act as the primary liaison for external auditors, regulatory agencies, and financial institutions.
Minimum Required Skills & Experience
A Bachelor’s Degree in Finance, Accounting, Economics, or a related field (Master’s degree is an advantage).
Minimum of 7 years of progressive experience in treasury management, financial compliance, or internal audit, preferably within consulting, financial services, or donor-funded organizations.
At least 3 years in a leadership role, overseeing treasury operations, financial risk management, and regulatory compliance.
Membership in a professional body (ICAN, ACCA). Additional professional membership relating to internal audit and compliance will be an added advantage.
Proven experience in cash flow management, bank relationship management, and FX transactions.
Strong understanding of IFRS, tax laws (VAT, withholding tax, corporate tax), and regulatory compliance.
Demonstrated ability to implement risk management strategies related to liquidity, interest rates, foreign exchange, and financial controls.
Proficiency in financial analysis, internal controls, and compliance reporting.
Strong leadership, team management, and stakeholder engagement skills, with experience in coordinating with banks, auditors, tax advisors, and regulatory bodies.