Treasury Specialist Job at GMT Nigeria Limited

GMT Nigeria Limited was established in 1999. Since our inception we have grown into the largest inbound logistics service provider in Sub Saharan Africa. GMT offers Clients a world-class integrated logistics service that spans across the supply chain transforming logistics challenges into competitive advantages, we provide customized solutions to meet any logistics demand when importing goods into Nigeria.

We are recruiting to fill the position below:

Job Title: Treasury Specialist

Location: Nigeria

Job Description

• The roll purpose of the Treasury Officer includes but not limited to carrying out daily inflow booking activities, dealing with banks, loan booking/liquidations and bank reconciliation.

Responsibilities

Major responsibilities include but are not limited to:

• Daily review of various banks statements for inflows, loan maturities
• Coordinate with receivable team to arrange payment remittances and booking of inflow
• Adjustment of WHT deductions in receivables and movement from AP to TD.
• Collecting the cheques from clients and allocating to the Banks according to loan obligations
• Dealing with the banks for booking of loans/liquidations of loans/fund transfers
• Responsible for maintaining updated Bank Reconciliations of Current Accounts, Loan accounts, Dom accounts and sub accounts.
• Analyze and recording of interest, bank charges, COT, Form M charges, offshore charges ,Telex charges in the system and liaison with bank for any irregularities
• Follow up with Banks for loan schedules, telexes, payment confirmations
• Maintaining the loan reports, checking of provisions accounts i.e LC Commission, USD loan provisions
• Responsible for inter account funding so that payment to Port, Shipping lines, Terminal can be made without delay.
• Assisting team on monthly Bank reconciliation reporting and various other MIS

Requirements
The ideal candidate must meet the following:

Qualifications & Training:

• A first Degree in a Computer or Business related discipline, but a finance related degree is desirable
• A professional accounting qualification (ACA, CPA, ACCA)
• Four to seven years’ experience in Financial accounting with strong focus on reconciliation in an FMCG environment

Knowledge, Skills & Experience:

• Generally Accepted Accounting Principles (GAAP)
• Should have experience on bank reconciliations
• Sound knowledge of Account and Finance
• Well versed with OD Interest calculation and various other bank charges
• Should have experience in dealing with banks
• Knowledge of Letter of Credits and related transactions dynamics
• Should be good in Microsoft office and have worked in ERP environment
• Good Interpersonal and communication skills with the ability to communicate and resolve issues

Key Success Factors:

• Should be hard working and have positive and learning attitude
• Able to work in a fast moving and sometimes stressful environment

Working Relationships:

• Has to maintain a good working relationship internally i.e. various departments of the organization and externally i.e. Banks.