Treasury Officer

The Treasury Officer plays a vital role in initiating Fund Transfers and making payments in line with Management Directives. The role is responsible for prompt processing of statutory and other regulatory payments through designated platforms (e.g. Remita) and ensure there are no penalties due to late payments. The role also has the responsibility of ensuring that all assets are insured with world class insurance companies through an Insurance Broker.  

What You Will Be Doing:

• Ensure timely payment of statutory and other regulatory payments through designated platforms (e.g Remita)
• Initiation of Payments on Betking banking applications.
• Completing the payables process cycle by closing out all processed payments in the ERP system with the payment details.
• Follow up with signatories to effect payments.
• Initiation of own account transfers on Betking banking platforms and posting same into the ERP System.
• Proofing and Reconciliation of Balance Sheet items relating to the Treasury Function.
• Monthly calculation of Interests and bank charges for comparison to bank statements.
• Ensure all assets are insured with world class insurance companies through an Insurance Broker and also initiate renewals as at when due.
• Ensure all losses are indemnified through the Insurance Broker.
• Design processes to ensure good risk management processes to reduce business losses.
• Serve as back up to Treasury Support Officer

What You Need For This Role:

• Bachelor’s degree in Insurance, Banking, or any Social Science
• Professional qualification will be an added advantage – CIBN, CIIN or ACCA/ACA
• At least 3 years’ cognate experience in Banking or Manufacturing or any relevant industry.
• Practical knowledge of ERP systems and MS Office.
• Knowledge of Insurance Products and workings of Insurance Brokers
• Ability to effectively communicate in person and in writing.
• Display high level of confidentiality and integrity.

How you do it – Expectations for fulfilling your role:  

As a general rule at KingMakers we want people to be:  

• Customer Focus: We keep the customer at the center of everything we do.  
• Passion & Dedication: We are passionate about what we do, employing only smart, honest, dedicated, and results oriented team players.  
• Openness, Honesty & Directness: We embrace a culture of candor and work together towards the right solution whilst being open, honest, and willing to give and receive feedback, judgment-free. We play the ball, not the person.  
• Innovation & Big Thinking: We always look for ways to innovate whilst not losing sight of what's important. The bigger we think, the more we inspire, the better the outcome.   
• Ownership & Accountability: We think like owners. If we see a problem, we find a solution. We are pragmatic and always strive to do more with less. 
• Speed & Focus: We plan, we strategize, but mostly, we DO. Without doing, there is no progress, we can always change direction but only if we start moving. Fast beats slow.  
• Low Ego: The best solutions are achieved when we leave our egos at the door. We always seek opportunities to learn in every situation. No job too small.  
• Fun: On balance, we believe in having fun whilst working. We maintain perspective as best as we can, and together, we celebrate our successes together.