Treasury Manager (Manufacturing)

Job Title: Treasury Manager (Manufacturing)Location: Lagos

Job Summary

The Treasury Manager is responsible for overseeing the organizations treasury functions, including managing cash flow, foreign exchange (FX) procurement, and banking relationships. The role involves expertise in Form M processes, handling letters of credit, ensuring compliance with tax regulations, and optimizing the companys financial resources.

Job Responsibilities:

· Manage daily cash flow to ensure adequate liquidity for operations and investments.

· Oversee the preparation, submission, and tracking of Form M for import-related transactions, ensuring compliance with regulatory requirements.

· Monitor foreign exchange (FX) exposure and execute procurement strategies to mitigate risks and optimize costs.

· Manage banking relationships and negotiate favorable terms for loans, credit lines, and other banking services.

· Handle the issuance, amendment, and settlement of letters of credit (LCs), ensuring timely delivery and compliance with terms.

· Collaborate with procurement and logistics teams to facilitate seamless trade transactions.

· Ensure compliance with international trade regulations and local banking laws.

· Collaborate with the tax team to ensure accurate withholding, VAT, and corporate tax compliance in treasury operations.

· Provide tax-related inputs for financial transactions and advise on tax-efficient structures.

· Develop and implement strategies to minimize financial risks, including FX, interest rate, and credit risks.

· Monitor regulatory changes affecting treasury operations and ensure compliance with all legal and statutory requirements.

· Prepare and present periodic treasury reports, including cash flow forecasts, FX exposure analysis, and investment performance.

· Provide insights and recommendations to senior management to improve financial performance and efficiency.

Job Qualifications

• Bachelors degree in Finance, Accounting, Economics, or a related field.
• Professional certifications (e.g., CFA, ACT, ACA, ACCA) are highly desirable.
• Minimum of 5-7 years of experience in treasury management, with expertise in Form M, FX procurement, and trade finance.
• Proven experience in managing letters of credit and tax compliance.

Skills

• Strong knowledge of Form M processes and import/export documentation.
• Proficiency in foreign exchange procurement and understanding of currency markets.
• Deep understanding of letters of credit and other trade finance instruments.
• Knowledge of tax regulations, including VAT, withholding tax, and corporate tax.
• Advanced analytical and financial modeling skills.
• Strong negotiation and relationship management abilities.
• Proficiency in treasury management systems and ERP platforms (e.g., SAP, Oracle).

Qualified candidates should send their CVs to cv@ascentech.com.ng using the Job title as the subject of the role.

Job Type: Full-time

Experience:

• Treasury Management: 6 years (Required)