African Industries Group - Manager - Treasury/Forex Management (10-20 Yrs)

Candidate Profile :
- Chartered Accountant/MBA(Finance)

- Regular/CA-Inter with at least 10 years of experience in handling Treasury
- Good working knowledge of foreign exchange hedging, SWAPS and Currency trading
- Good working knowledge of credit rating processes and Commercial papers issuance is desirable
- Should be able to work with ambiguity due to local foreign exchange market conditions
- Must be multitasker
- Position required coordination with all Group units in Nigeria and with banks so communication is the key
- Must be hardworking
- Experience of working on ERP Microsoft Navision would be an added advantage
- Good knowledge of Microsoft office especially Microsoft Excel
Job Description :
- Dealing with Banks for foreign exchange bidding to Central Bank of Nigeria
- Buying foreign exchange from Exporters through Banks for trade transactions, dividend payments and capital repatriation
- Following up with banks for forward delivery for the forex purchased as forwards
- Selling Export proceeds and Capital importation proceeds
- Doing SWAPS for forwards
- Following up with banks for the payments against LC documents negotiated
- Executing bank documents related to foreign exchange management
- Negotiation of charges with the Banks
- Preparing Treasury related MIS
- Updating transaction on ERP
- Coordinating with Bank treasuries to get info about foreign exchange market developments
Age Limit : 45 years
Budget : Under 3500 USD per month + Other benefits