Phillips Outsourcing Limited has been in existence for over 18years. We have a vast experience in the outsourcing business as we currently manage resources for major clients in all sectors of the Nigerian economy. In addition, our prolific manpower cuts across the 36 states in Nigeria. After successfully gaining ground in all the 36 states of the federation, we are gradually spreading our tentacles to other African Nations. We are currently registered to also do business in Ghana. Our framework is developed to fully support the businesses of our clients, ensuring continuous improvement of the outsourced services. This ultimately thrusts our clients to achieve their business objectives.
We are recruiting to fill the position below: Job Title: Treasury Manager Location: Ogba, Lagos Employment Type: Full-time
Job Summary
We are seeking an experienced Treasury Manager to oversee trade finance transactions, treasury operations, banking relationships, foreign exchange activities, debt management, and cash flow planning.
The successful candidate will ensure regulatory compliance, optimise financing costs, and provide effective leadership to the treasury and finance operations team.
Key Responsibilities
Manage Letters of Credit (LCs), Bills for Collection, import/export documentation, and trade finance facilities.
Liaise with banks and financial institutions on trade transactions, credit facilities, interest rates, and documentation.
Execute foreign exchange transactions and manage royalty payments in line with applicable regulations.
Oversee daily cash positioning, liquidity management, and short-term investment placements.
Prepare cash flow forecasts, treasury budgets, financial reports, and variance analyses.
Manage borrowing facilities, debt schedules, interest payments, loan maturities, and financial covenant compliance.
Monitor financing costs, bank charges, and foreign exchange exposure.
Support month-end and year-end closing, bank reconciliations, and treasury reporting.
Ensure compliance with CBN regulations, FIRS requirements, IFRS standards, and internal financial policies.
Lead, coach, and supervise a team of six treasury and finance operations staff.
Maintain effective relationships with banks and internal stakeholders across Finance, Supply Chain, Legal, and Commercial Finance.
Requirements
Full membership of ICAN is mandatory.
7–10 years’ relevant experience in trade finance, treasury operations, or corporate banking.
Demonstrable hands-on experience managing Letters of Credit, Bills for Collection, foreign exchange transactions, debt facilities, and banking relationships.
Experience in a large corporate organisation or FMCG environment is preferred.
Proficiency in SAP FI/CO and Treasury & Risk Management modules.
Advanced Microsoft Excel skills, including financial modelling, pivot tables, and financial reporting.
Strong knowledge of CBN foreign exchange regulations, Nigerian import regulations, IFRS, and corporate debt management.
Proven leadership, analytical, negotiation, and stakeholder management skills.
High integrity, attention to detail, and the ability to work under pressure.
ACA, ACCA, CFA, or Certified Treasury Professional (CTP) qualification.
Experience in a multinational FMCG or brewery environment.
Knowledge of SAP S/4HANA, Power BI, and IFRS 9 hedging and debt accounting.