Jagal is a Nigerian conglomerate holding that operates main vitality companies and manages a various portfolio of investments. By cultivating management and creating a tradition of excellence, Jagal is devoted to empowering people and constructing strategic partnerships that purpose to attain sustainable progress for the development of the Nigerian neighborhood.
We are recruiting to fill the place beneath:
Job Title: Head of Treasury
Location: Lagos, Nigeria
- To present applicable liquidity administration throughout the Jagal Group, handle current amenities and establish vital monetary devices to fulfill future financing wants
- To handle and lead on the exterior and inner treasury relationships
- Work intently with GCFO and Head of Financial Planning to make sure effectiveness of money circulate planning and administration
- To guarantee correct governance and group broad adherence and compliance to Treasury Policies
Key Aims and Objectives
- To guarantee all enterprise models within the group has satisfactory liquidity in place, at the correct time and on price efficient phrases.
Prime Responsibilities and Duties
- Financing exercise for the group – Establishing and renewing satisfactory financing for the Jagal group.
- Renew and elevating new debt
- Restructure all present amenities with moratorium the place relevant.
- Support the GCFO with new funding technique
- Participate in weekly money circulate opinions at HQ and enterprise models to know affect on amenities and the necessity for brand spanking new financing
Cost of Funding:
- Complete forensic audit evaluation of all financial institution costs and search restoration the place over charging has occurred
- Review all new monetary paperwork, monetary covenants previous to signing by the JEC and negotiate all pricing
- Review and monitor all financial institution costs, curiosity and charges throughout the enterprise (along with the finance leads)
- Prepare weekly report and insights on newest financial institution standing – publish month-to-month to JEC
- Bank account administration -Opening new accounts and shutting financial institution accounts with key relationship banks.
- Accessing counter social gathering threat – by common evaluation of credit score threat profile of the businesses or monetary establishments.
- Issue and replace Group Treasury Policy as required
- Drive compliance of the treasury coverage along with the respective enterprise unit finance leads.
- Review and replace the worth of the Security belief as required
- Build and preserve related senior /center stage banking relationship with the banks.
- Maintain updated data and perception on all liquidity issues together with Lenders, nationwide, regional and international market charges, finance and commerce options and many others.
- Electronic banking – guarantee all enterprise undertake on-line programs
- Investing surplus money – name deposit, brief time period deposit and treasury payments.
- Monitoring of amenities throughout the group, compliance with the phrases of the amenities and many others.
- Conduct sale and buy of US$ – collectively with the enterprise models.
- 10 years of banking expertise and Head of Treasury in a industrial surroundings
- ACT – Association of Corporate Treasurers (fascinating)
- Deep data of CBN and different related rules and pointers
- Strong technical consciousness, data of money administration ideas
- Proficient in reviewing and assessing money circulate plans and statements
- Understanding of FX transaction and translation implications
- Good management abilities with potential to work underneath strain
- Ability to make sure choices are taken and adopted up
- High sense of integrity and comfy working with government administration
- Strong interpersonal abilities and glorious communicator (verbal and written)
- Strong enterprise acumen with potential to take a strategic viewpoint however with excessive consideration to element.
Interested and certified candidates ought to:
Click here to apply
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