Amaiden Energy Nigeria Limited (formerly Moody International Nigeria Limited) was established in 1996 as a partnership between Moody International Group and Nigerian investors. Since commencing operations in March 1997 the company continues to grow and exerts its presence in numerous Projects in the Nigeria Oil and Gas Industry.
We are recruiting to fill the position below:
Job Title: Treasury Analyst
Location: Lagos
Main Functions Treasury Cash Forecasts and Management:
Reconciles daily cash balances, using XRT software, by downloading bank statements, matching cash flows in bank statements with that of SAP, explaining and resolving identified gaps
Assists in preparing daily cash forecasts to ensure efficient cash management
Prepares documents and secures approvals for making manual payments/transfers in line with Company’s payment policy.
Reports:
Contributes to preparing Daily Bank Balance, FX Sales, TdB reports for management decision-making.
Contributes to preparing NXP reports for Crude Oil & Gas Commercial to ensure compliance with regulatory requirements.
Contributes to providing adequate economic reasons for all key cash flow movements for the weekly treasury meeting in HQ
Contributes to providing the Company’s weekly overdraft position forecast with relevant explanation of forecast movements
Accounting:
Monitors cash call receipts and informs relevant stakeholders for adequate reporting of arrears.
Collaborates with Accounting Department to ensure adequate recording Treasury transactions.
Follows up on pending or returned payments and receipts as the senior analyst to ensure adequate resolution of issues
Controls:
Implements approved internal control procedures on treasury operations to ensure safety of the Company’s financial assets
Implements relevant financial laws, regulations, agreements, and covenants with authorities and financial institutions
Communicates with banks on confirmation of payment instructions, missing daily MT940 bank statements.
Banking Relationship:
Supports the Treasurer in developing and maintaining positive relations with banks and lenders in order to achieve the Company’s objectives.
Participates in negotiating bank facilities and supports the documentation process.
Accountabilities:
Reconciles daily cash balances to ensure alignment of cash flows recorded in bank statement with that in SAP
Prepares and monitors manual payment proposals for the Treasurer to ensure expenditure on the company's payment procedures
Implements cash flow procedures and controls to ensure adequate safeguard of the Company financial resources
Maintains an up-to-date working knowledge of financial and legal regulations and company rules to ensure compliance
Job Requirement Skills and Qualifications:
Minimum education qualification HND / BSc. in Finance/Accounting/Banking/Economics
Minimum of 7 years relevant post-graduation experience in Finance/Accounting/Banking/Treasury function
Knowledge of Accounting software (e.g. SAP) and Microsoft Office and possession of excellent analytical skills