We are Nestlé Nigeria Plc. and are proud to be the largest operating market of Nestlé Central West Africa Region. Our passionate, collaborative, and entrepreneurial-minded team work together to achieve our objectives while fostering an atmosphere that promotes individual growth, wellness, and inclusiveness.

Nestlé Nigeria is currently looking to fill the role of Treasury Officer, who will be responsible for supporting the Treasury department in ensuring that banking operations & reports relating to the trade, staff, NBS & Nestle Treasury Centre are promptly and effectively achieved within agreed timelines and in compliance with local financial regulations and standards.

A day in the life of the Treasury Officer:                                            

Bank Charges and NFC                                                                                              

• Perform daily check on bank charges and net finance cost, create visibility on evolution, identify opportunities for optimization and take necessary actions.
• Track the lifecycle of all Letters of credit, identify opportunities for financing cost optimization and control.
• Prepare the Import Finance Facility Report to give visibility on trade loan exposure and limit by bank.

Banking Relationship with Respect to Facility

• Manage bank facilities in line with business needs and at the least cost possible.

Benchmark the total business of Nestlé Nigeria across the banks and trigger constructive engagement to reduce cost

• Supervise all kinds of bank guarantees

Balance Integrity                                                                                                                                                          

• Enhance Balance Sheet integrity by ensuring no aged items in Bank Reconciliation
• Perform reconciliation of forward contracts with GL, and trigger relevant actions

Cash Management

• Support cash management by maintaining accurate and timely Daily Cash Forecast to meet business needs
• Provide 3 months rolling cash forecast for working capital management.
• Manage petty cash replenishment, disbursement, reconciliation and report.

PEC for Treasury and Reporting 

• Review Treasury Report to ensure alignment with banks’ report and SAP
• Maintain an activity calendar for Period End Closing and lead the process
• Prepare material allocation for exchange difference arising from FX purchase

What Will Make You Successful?

Behavioural Competencies:

• Assertiveness in communication: Ability to articulate the value added by finance and their specific role within the organization
• Interpersonal relationship skills: Proven ability to build strong relationships across different teams and departments

Educational Qualifications:

• B.Sc./HND in Accounting or Banking and Finance.
• Professional Certification i.e. ACA, ACCA or CIMA is mandatory.

Professional Experience:

• Minimum 5 years’ post NYSC experience in Treasury Operations.
• Preferred banking experience: Sales of treasury products such as fixed deposits, bonds, foreign exchange, and trade operations
• Treasury accounting: Proficiency in preparing cash flow statements, liquidity management, and managing facility agreements with banks
• Experience in other roles within or outside the finance function, such as supply chain management (SCM) or sales, would be advantageous
• Previous achievement: Demonstrated track record of successful projects and proactive identification of opportunities

We Offer:

• Interesting and challenging work in an international company – a branch of worldwide and well recognized FMCG concern.
• Possibility to work in a dynamic team of professionals and leaders.
• Possibility to work with challenging projects and responsible tasks.
• Atmosphere full of respect, professionalism, and excitement.
• Possibility of development & career advancement.