Finance Capital Manager at CCETC Ogua Energy Limited (COEL) - 2 Openings

CCETC is a proudly independent power producer principally engaged in the business of developing power plants from the Engineering, Procurement & Construction stage, through the actual project execution, management, supervision to the operation and maintenance regime

We are recruiting to fill the position below:

Job Title: Finance Capital Manager 

Locations: Lagos-Ibadan Expressway - Lagos and Ogun
Employment Type: Full-time

Responsibilities

• Research and evaluate creditors’ creditworthiness
• Create credit scoring models to predict risks
• Manage the company's tax and audit processes
• Source and Process loans, grants and credit facilities from legitimate sources e.g. the capital market, the money market etc. for the organization.
• Calculate and negotiate interest rates
• Reduce the organization’s financial risk and debt exposure
• Negotiate loan terms with company’s creditors
• Monitor payments and payment plan (compliance)
• Maintain records of loan applications
• Manage the company’s debt profiles, debt settlements and loan renewals
• Ensure all lending procedures comply with statutory and financial regulations
• Develop, review and update our company’s credit policies
• Solid understanding of the lending/borrowing procedures of local and international financial institutions.
• Maintain the corporate policy on loans and credit.
• Recommend changes in the credit policy to senior management
• Manage the company’s foreign exchange transactions
• Manage the organization’s relations with stakeholders regarding, fund management, import and export transactions.
• Monitor a large scale of foreign exchange functions and operations within the banking environment. This will include all transactions and remittances in the field.
• Manage the research on both foreign and domestic markets, with the use of fundamental and technical analysis.
• Be up to date with all of the latest financial developments, not only with the country’s economy, but also with other countries.
• Assist management in understanding and capitalizing on foreign currency markets by giving valuable intelligence information on exchange rates and insights into global markets.
• Review reconciliation sheets and ensure that all sheets are balanced accordingly to the regulations and laws of the industry and bank.
• Maintain the relationship between international or counterpart financial institutions.
• Be up to date with all of the latest financial developments, not only with the country’s economy, but also with other countries.

Requirements

• BSc in Accounting, Economics, Banking and Finance or relevant field.
• MUST possess the relevant professional certification(s) in the finance discipline
• Post graduate qualification(s) will be of added advantage
• MUST possess a minimum of 7 years post NYSC experience with more than 3 years relevant work experience in a similar position.
• Candidate MUST have experience on company audit processes and must possess good experience serving as a company’s senior accountant(not less than 2 years)
• Preferable candidate should be between the ages of 38-48 years.
• Excellent analytical skills, with the ability to create and process financial spreadsheets and software.
• Excellent Negotiation skills.

Others:

• Candidate must be willing to relocate to place of assignment.
• Having been engaged in credit or foreign exchange in a bank is preferred.
• Preferably has been engaged in credit or import and export trade in multinational companies, audit organizations, power and energy companies.

Application Closing Date
30th April, 2025.

How to Apply
Interested and qualified candidates should send their Resume and cover letters to: palellys@gmail.com using the Job Title as the subject of the mail.