Chief Financial Officer - Treasury Management - Manufacturing

There is an urgent requirement for "CFO - TREASURY MANAGEMENT" for a leading Manufacturing Group in Africa.

Position title: CFO - Treasury Management

Location: West Africa

Experience:

- Should have minimum 10-years experience in treasury management function (essential).

- Relevant experience of working within an international Treasury function exposed to foreign currency, interest rate, and liquidity risk, with proven experience of being able to manage these risks.

Qualification:

- Either Chartered Accountant from ICAI OR MBA in Finance OR CFA / CTP (Certified Treasury Professional) from a reputed institute.

- Knowledge of Navision will be added advantage.

Job Purpose:

This is a strategic position for the Group and responsible for the Treasury Management Group having multiple business units in Nigeria. The position would also evolve into managing accounting and tax management at a later stage but primary responsibility will be to manage the treasury function.

Job Description:

- Management of long and short-term cash flow and working capital/liquidity management.

- Managing overseas cash reporting process.

- Manage all cash management functions including cash concentration, wire transfers, account funding.

- Manage inter-company cash/fund lending, receivables, dividends and capital requirements.

- Forecast income and interest expenses.

- Managing balance sheet and day-to-day liquidity to support the business needs.

- Design and implement hedging strategies to mitigate financial risks and foreign currency cash flow.

- Preparation of board level cash and other risk management reporting.

- Investment of short-term cash surplus in money market instruments, making recommendations to Group CFO.

- Managing day-to-day cash and treasury activities in line with the Delegation of Authority.