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Friday, April 10, 2020

Senior Treasury Executive at PiggyVest 2020


IT & Software

PiggyVest

IT & Software

Lagos|Full Time|Internet & Telecommunications|
NGN Confidential

Job Summary

PiggyTech Global Limited (“PiggyVest”), is a financial service company that helps customers achieve financial freedom through responsible savings and on-the-go investment. PiggyVest is the largest online savings and investing platform in Nigeria. With a growing user base of over 1.2 million customers, PiggyVest is growing its suite of innovative products to further help people better at financial management and planning.
  • Minimum Qualification: Degree
  • Experience Level: Senior level
  • Experience Length: 5 years

Job Description

Our culture
PiggyVest is a rapidly growing organization with a mission to make widget innovation happen. We are all deeply committed to our mission, and you will need to share that commitment. We are a fast-moving and cross-disciplinary environment with lots of change happening consistently. Things change as we learn, and you’ll need a degree of adaptability. Our culture is open and collaborative. We’ve tried to capture our way of working in three principles:
  • Break ground – we’re transformative, imaginative and intelligent
  • Play nicely – we’re collaborative, approachable and fair
  • Make it a reality – we’re down to earth, tangible and we get stuck in.

If you are excited by the possibility of working in one of the world’s leading fintech companies, a place stuffed with a diverse group of talents and perspectives, we would encourage you to send your application.

About the Senior Treasury Executive role
As a Senior Treasury Executive, you will have direct responsibility for our treasury functions including cash and treasury operations, investment portfolio management, interest rate risk management, balance sheet management, capital management and more. Other responsibilities include monitoring treasury goals, products, and available services, and also manage the company’s financial risk exposure.
An experienced senior treasury executive, you will be a key in PiggyVest’s financial management team. We expect you to combine excellent analytical skills, support ongoing capital allocation amongst units, and develop asset or liability management strategies. Ideal candidates should have a thorough knowledge of accounting and financial principles to analyze budgets, financial forecasts, cash flow, and other M&A activities.
This is a full-time role based in Lagos, Nigeria, and you’ll report directly to the Chief Operations Officer.

Main Responsibilities and Activities
  • Supports treasury management and helps develop strategies to maximize efficiencies, safeguard assets and minimize costs.
  • Ensures compliance with internal controls, policies, and procedures in day-to-day conduct and supervision of cash management activities.
  • Manages the investment portfolio
  • Recommends and implements improvements to current treasury management processes.
  • Assists in managing and maintaining the company’s banking and investment infrastructure relationships.
  • Monitor and Manage capital funding and liquidity risks and interest exposures.
  • Assists in preparing and managing annual budgets and forecasts.
  • Identifies cost-saving and profit-maximizing opportunities related to the treasury.
  • Oversee cash functions, including cash positioning, cash reporting and forecasting, short-term investing, payments, FX management, and other investment channels.
  • Supports financing negotiations and capital strategy formulation.
  • Provides financial analysis to executive management.
  • Creates models involving cash flow, balance sheet, and income statement projections.
  • Coordinate project work such as the development and enhancement of Treasury System
  • Arrange settlement of all methods of payments including payment investigation role, processing of treasury transactions
  • Ensure compliance with regulatory principles
  • Develop and maintain strong relationship with Regulators
  • Develop liquidity policies and procedures, and ensure compliance with regulators.
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls
Essential Requirements
  • At least 5 years’ experience in finance, accounting, economics or other related disciplines.
  • Experience managing treasury operations in an Asset Management firm, or related financial services.
  • Thorough knowledge of basic accounting procedures and in-depth understanding of Generally Accepted Accounting Principles (GAAP)
  • Advanced MS Excel skills including Vlookups and pivot tables
  • Familiarity with financial accounting statements
  • Hands-on experiences with accounting software packages, like FreshBooks and QuickBooks
  • BS degree (or equivalent) in Accounting, Finance or relevant certification (e.g. ACCA, ICAN, CFA, CMA or CPA) will be preferred
  • Experience with tech startups would be a plus

Benefits
  • PiggyVest is a flexible employer.
  • Competitive salary and attractive benefits

Equal opportunities
We strive to be equal opportunities employer (EoE) and commitment to this process will be expected. Our workplace is diverse, and we model this after our culture of openness and collaboration. We prohibit all forms of discrimination and harassment of any kind.

Application Deadline
If you meet the requirements, please submit your application with your motivations and how you meet the key elements of the job specification, by Monday, April 27, 2020.
Apply Here>>>> 

Accountant at FrontLine MARK

Accountant

Lagos

Accounting, Auditing & Finance

FrontLine MARK

Accounting, Auditing & Finance

Lagos|Full Time|Energy & Utilities|

Job Summary

We look for an accountant who can work on the company ERP system to record all companies sales and expenses.
  • Minimum Qualification: Degree
  • Experience Level: Mid level
  • Experience Length: 3 years

Job Description

Job Description:
  • Prepares asset, liability, and capital account entries by compiling and analyzing account information.
  • Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
  • Maintains accounting controls by preparing and recommending policies and procedures.
  • Prepares payments by verifying documentation, and requesting disbursements.
  • Follow up customer credit accounts and issue suitable reports.
  • Complies with federal, state, and local financial legal requirements by studying existing and legislation, enforcing adherence to requirements, and advising management on needed actions.
  • Prepare all sales reports according to company's requirements.
  • Maintains customer confidence and protects operations by keeping accounting information confidential.
Apply here>>>>

Treasury Operations Manager at RexelPay 2020

Treasury Operations Manager

Lagos

Accounting, Auditing & Finance

RexelPay

Accounting, Auditing & Finance

Lagos|Full Time|Banking, Finance & Insurance|
NGN Confidential

Job Summary

We are a global digital cross-border payments service provider strategically poised to revolutionize how treasury solutions are being offered to businesses and individuals across frontier markets. We operate out of over 10 countries and will expand business operations across 35 countries within the next 5 years. If you are a young vibrant Treasury Operations Enthusiast interested in working on an impactful global project, this role was created for you
  • Minimum Qualification: Degree
  • Experience Level: Mid level
  • Experience Length: 4 years

Job Description

Strategic Responsibilities:
  • Enhance productivity by designing and continually improving systems, tools and workflows to identify and mitigate operational risks attached to the department.
  • Drive operations service delivery whilst enduring alignment with Transaction Support customer value proposition
Treasury Responsibilities:
  • Performing liquidity forecasts and ongoing monitoring of liquidity.
  • Managing Treasury’s credit and market risk exposure to ensure they are in line with risk and regulatory limits.
  • Understanding and interpreting local regulatory requirements in relation to safeguarding accounts.
  • Develop modern parameters to set daily trading rates for all currencies and clients across the entire group.
  • Ensure company-wide margin targets are achieved.
  • Preparing, validating and releasing manual SWIFT messages.
  • Investigating and resolving failed and unmatched transactions.
  • Partnering with technology to automate processes.
Treasury Responsibilities:
  • Actively work with the technology team to develop the finance module on the platform to enable full automation of the reconciliation and reporting processes.
  • Follow-up on all outstanding items on bank reconciliation statements with responsible teams across the various units.
  • Develop and implement a framework for preparing and consolidating daily Multi-Currency balance sheets for all RexelPay entities across the 10 countries of operations.
  • Implement a process to ensure the accuracy of transaction balances in the general ledger and trial balance.
  • Owning the payments netting process by ensuring adequate reconciliation and sweeping process with safeguarding banks.
  • Ensure adequate internal controls are maintained in the movement of funds by clients across multiple wallets, bank accounts and jurisdictions.
  • Ensure Identification, assessment, control and monitoring of Operational Risk for the Operations Team.
  • Performing General ledger proofs and account substantiation.
  • Perform reasonability tests for outstanding items on reconciliation and proofs.
  • Working closely with the team to develop all internal payments approval and control processes.
  • Ensure accurate and timely reconciliation of banking transactions for all the bank accounts maintained by RexelPay across all countries of
  • operations to ensure timely completion of financial reports
  • Treasury Operations Manager
Hiring Requirements
  • Knowledge of accounts Payable and Bank Reconciliation
  • Knowledge of General Accounting practices and principles
  • Strong analytical and reasoning skills; able to break down complex problems and projects into manageable pieces; comfortable suggesting and presenting solutions.
  • Excellent verbal and written communication skills presenting complex analytical results to technical and non-technical audiences
  • Ability and desire to work in a fast-paced environment.
  • Experience with utilizing automated tools aimed at streamlining transactional processes.
  • Basic knowledge of Operational Risks and its application.
  • General awareness of data management practices, emerging trends, and issues
Required Qualifications
  • Bachelor’s Degree in Accounting, Finance or a related discipline.
  • 4+ years experience in Treasury Operations, E-Business Settlements or Global Trade department of a commercial bank or Fintech.
  • Globally recognized accounting certification e.g. ACA, ACCA, e.t.c will be an added advantage
Apply Here>>>> 

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