Verified Job
Accounting - Finance
Forex Management
Accounting - Finance
#358756
Remote / WFH
Job Description
Job location: Lagos (Nigeria)
Job profile
• 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
Desired Candidate Profile
• Chartered Accountant OR MBA-Finance 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
Contact Person:
Job profile
• 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
Desired Candidate Profile
• Chartered Accountant OR MBA-Finance 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
Contact Person:
