Head of Treasury Job at Computer Warehouse Group Limited - Nigeria

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Job Title: Head of Treasury

Location: Lagos Nigeria

Organisation: Computer Warehouse Group Limited – Nigeria

Job Description

Responsibilities:

1.    Liquidity management: This is about driving the Group's cash generation from Receivables to run its businesses and advising  the finance unit on how to fund the Group financial needs in the most efficient manner.

This will involve:

•   accelerating the flow in Account Receivables, WHT and Account Payables;

•   devising a system to track and automatically chase late payers and charging them interest where necessary;

•   ensuring that the Group uses the assets (mainly current assets) available to it to get the best returns;

•   working with heads of project to reduce the delay between booking and billing periods,

•   forecasting all cash payments in and out across all areas of the Group's business to alert on potential shortfalls or surpluses to be re-invested;

•   managing the Group working capital as efficiently as possible and providing report on same and other relevant information to assist Finance in sourcing for external funding where required; and

•   periodically carry out credit analysis and credit worthiness check on the Group's customers to mitigate inherent credit risk in transacting business with the customers;

Corporate Financial Management: This is all about ensuring that the financial activities of the Group fit with the Group's business strategy. Your job in this area involves:

•   advising on the best way to fund the company's operations;

•   assisting the Group CFO in project evaluations and business expansion assignments;

•   ensuring that the company uses the assets available to it to get the best returns;

•   supervising the tax sub-unit so that the Group pays no more tax than it needs to; and

•   supervising the Group's store to ensure the Group investment in inventory is optimal and efficient

Risk Management: This is about understanding what business and financial risks the Group is exposed to and considering whether the returns generated are sufficient to justify taking those risks.

Your job in this area involves:

•   assessing and advising the company on how to manage interest rate risk;

•   assessing and advising the company on how to manage foreign exchange risk; and

•   carrying out other treasury related functions as may be required from time to time.

Desired Skills & Experience

Attributes:

•   The person must be a leader, self- motivated, innovative and able to use own initiative. He/she must also possess interpersonal & team building skills. He /She must also be able to review team's performance, appraise team members and plan the career development for the team.

•   Good communication and presentation skills are equally required.

•   B.Sc./HND Accountancy, possession of MBA or Master's degree in Finance would be an advantage

•   Must have worked in similar position for at least 5 years.

Only successful applicants will be contacted. Applicants must state working telephone numbers at which they can be reached during office hours.

Deadline: 8th February, 2013.

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