Oando Plc Latest Jobs in Nigeria: Recruitment for Treasury Analyst, Banking Officer

THE ORGANIZATION:

Oando Plc is one of Africa’s largest integrated energy solutions providers with a proud heritage. It has a primary listing on the Nigerian Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

POST TITLE:   Treasury Analyst

DEPARTMENT: Finance

JOB DESCRIPTION:

• The Treasury Analyst is responsible for the day to day activities of the Treasury Unit i.e. payments, receipts and general treasury operational activities.

SPECIFIC DUTIES & RESPONSIBILITIES

OPERATIONAL:

PAYMENTS:

• Raising of Payment vouchers (via Account payables),
• Online funds Transfer of Payments,
• Preparation of Weekly payables report/ Ageing analysis of Vendor,
• And recommend urgent payments to Asst. Treasurer.

RECORD KEEPING/ FILING:

• Filing of all Bills / internal documents for payment processes,
• Filing of all banks correspondences/facility agreements.

PETTY CASH PAYMENT:

• Maintain the petty cash system and regularly process petty cash claims,
• Monitoring of Credit cards to units and reimbursement of Petty cash,
• Performs other assigned duties as delegated by the Asst. Treasurer & Treasurer.

EDUCATIONAL QUALIFICATIONS & EXPERIENCE:

• 1st degree in Finance, Business Administration, Economics or Accounting or any Social Science discipline.

KNOWLEDGE & SKILLS REQUIRED

• Cash Management Skills / Documentary skills,
• Financial Accounting.

POST TITLE:   Banking Officer

DEPARTMENT: Finance

   

JOB DESCRIPTION:

• The Banking Officer is responsible for monitoring the daily banking relationships; i.e. bank statements, charges etc,

• Also to plan, assess, monitor, and manage the efficient utilization of cash and financial resources in a manner consistent with the agreed procedures and objectives of the Company.

SPECIFIC DUTIES & RESPONSIBILITIES:

BANK RECONCILIATION: Reconciling all bank accounts to the Treasury Management System and the General Ledger.

INTER COMPANY RECONCILIATION: Preparation of Treasury Inter-company reconciliation

BANK ACTIVITY MONITORING:

• Statement Downloading and retrieving bank statements on a daily basis,
• Filing of all Correspondence between the company and the banks,
• Managing, monitoring, opening to closure of bank accounts,
• Set up all bank mandate documentations and maintain bank related records,
• Monitoring and support taxation issues and other statutory payments,
• Ensure day to day control of bank accounts to maintain an adequate level of working capital for the group,
• Manage the Bank's correspondent and relationships,
• Manage debt obligations and lender relationships.

CASH FLOW FORECAST:

• Preparing daily cash report,
• Preparing weekly cash flow & liquidity report,
• Performing treasury operational functions such as cash management, cash forecasting, interest rate monitoring.

BOOK KEEPING:

• Raising of Receipts on payments (via AR) made by the Treasury Analyst,
• Monitoring and booking of loans and deposits (short and Long term),
• Raising Intercompany debit and credit notes,
• Carrying out reconciliation of Balance Sheet items such as cash, cash equivalents, investments, debt, for management and reporting purposes,
• Prepare the Group consolidated debt schedules for the Group financial statements,
• Preparing of other Treasury related monthly Schedules.

OTHER DUTIES:

• Performing other assigned duties as delegated by the Treasurer/Asst.Trea,
• Preparing internal treasury reporting which includes variance analysis and supporting schedules on affected accounts,
• Oversee banking and financial institution relationships.

EDUCATIONAL QUALIFICATIONS & EXPERIENCE:

• 1st degree from a reputable University with bias for social science and accounting and finance courses,
• Professional Certification (ACA, ACCA, CPA) is essential but not compulsory,
• 2 – 3 years work experience within a reputable and structured organization preferably an Oil & Gas multinational,
• Intermediate knowledge of Microsoft excel, financial modelling and power point.

KNOWLEDGE & SKILLS REQUIRED

• Oil & Gas industry dynamics,
• Financial Reporting & Modelling skills,
• Knowledge of Corporate Treasury & Cash Forecasting techniques,
• Analytical & Research minded skills,
• Microsoft office skills,
• Creativity & Innovation,
• Organization/Administration abilities,
• Good Interpersonal Relations,
• Team playing skills,
• Good Oral & Written Communication,
• Good Negotiation skills.

APPLICATION CLOSING DATE: October 3, 2011.