Treasury Officer- Payments (Johnvents Group)
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Job Location:
Salary:
Experience Required:
Posted on:
16 hours ago
Vacancies:
1 Vacancy
Job Summary
To ensure that fund transfers vendor payments and other financial transactions are accurately initiated and executed while ensuring compliance with internal controls and regulatory requirements.
Key Responsibilities
Funds Transfer & Vendor Payments
- Initiate and execute local and international fund transfers ensuring compliance with company policies and regulatory guidelines.
- Process vendor payments promptly verifying the accuracy and completeness of payment requests.
- Liaise with vendors and internal departments to resolve payment-related queries or discrepancies.
Payment Processing & Documentation
- Ensure all payments are processed accurately and within stipulated timelines to avoid delays and penalties.
- Maintain proper documentation for all payments including approvals invoices and supporting documents ensuring compliance with audit and regulatory requirements.
- Verify payment instructions to minimize risks related to fraud duplicate payments or errors.
Electronic Payment & Banking System Management
- Upload payment files to Enterprise Resource Management (ERM) systems and banking portals ensuring correct authorization is obtained before processing.
- Monitor the status of uploaded payments and follow up to ensure successful execution.
- Troubleshoot and resolve any issues related to ERM and banking portal transactions.
Payment & Treasury Reporting
- Ensure accurate and timely recording of all financial transactions in the companys general ledger.
- Prepare periodic reports on payments cash flow and liquidity status for management review
- Maintain an up-to-date payment schedule and ensure transparency in financial reporting.
- Monitor and manage payment accounts to ensure sufficient liquidity for business operations.
- Provide analysis and insights on payment trends and recommend improvements where necessary.
Requirements
- HND/. in Accounting or Banking & Finance
- Professional qualification (ACA or ACCA) is an added advantage
- Strong computer literacy with advanced proficiency in Excel
- Minimum of 23 years experience in a structured organization
- Sound knowledge of Nigerian Accounting Standards and IFRS
Benefits
Industry Standard
Required Skills:
HND/ or equivalent in relevant field. Relevant professional qualifications. 6-8 years cogent experience actively coordinating logistics activities Must have previous experience within the manufacturing industry. Candidate must have interstate logistics experience. Must have excellent reporting and coordination skills.
