Banking Relations and Liquidity Manager Job at Wakanow.com

Wakanow.com is Africa’s leading, full-service online travel company. At Wakanow, we understand that everyone likes easy and affordable travel services, so we provide our customers with a one-stop booking portal for Flights, Hotels, Visa Assistance, Holiday Packages, Airport Transfers, an international Travel SIM, a Prepaid Travel Card, a Loyalty program, and much more.

We are recruiting to fill the vacant position below:

Job Position: Banking Relations and Liquidity Manager
Job Opening ID: WKN/27/JB
Location:  Lekki, Lagos
Job Descriptions

• You will be responsible for directly managing Group-wide banking relationships, Bank accounts architecture and in ensuring that there is adequate liquidity to meet the day to day obligations of the Group.

Job Responsibilities
Liquidity and Cash Management:

• Foreign exchange sourcing
• Closure of hedge contracts from financial institutions and other counterparties
• Development and enforcement of a Banking Services Level Agreement
• Monthly validation of Bank Charges, Interest charges etc.
• Development of a tactical plan for cash management
• Petty cash management
• Responsible for the daily preparation of a multi-currency cash position and cash forecast
• Development and implementation of a cash provisioning process
• Automation of cash collection processes and review of settlement risk that may exist
• Automation of liquidity planning and petty cash management processes
• Ensure immediate cash and liquidity visibility of Group-wide operations

Banking Relationship Management:

• Development of an optimal Bank accounts architecture
• Responsible for Bank accounts opening and closure; interbank and intrabank transfers, cash pooling etc.
• Management of Banking Relationships
• Engagement of Switching companies and other online payment platform partners
• Development, enforcement and negotiation of the Price Book
• Provide Banking advisory to other business units across the Group operations.
• Provide supervisory support to the Treasury analysts
• Provide advisory support to the Head, Treasury from time to time.

Experience and Professional Qualifications

• First degree in Accounting/Finance/Economics or any other business-related subject from a reputable university
• Master degree in Accounting/Finance or preferably an MBA from a reputable university
• Professional qualification (ICAN, ACCA, CFA, CIMA etc.)
• Minimum of 10 years related work experience
• Experience in a multinational firm
• At least 3 years in a supervisory/management capacity
• Experience in a Group Treasury function

Skill Requirement:

• Liquidity Management, Foreign Exchange Sourcing, Banking Relationship Management, Hedge Contract Mgt.

Deadline  15th July, 2017.