Treasury Accountant

Job title : Treasury Accountant

ABOUT THE ROLE

We are seeking a highly skilled and detail-oriented Treasury Accountant with specialized expertise in Foreign Exchange (FX) management. The ideal candidate will be responsible for overseeing the company’s treasury activities, focusing on optimizing cash flow, managing currency risks, and ensuring efficient and effective foreign exchange operations. This role is pivotal in managing financial risks related to foreign currencies and providing strategic recommendations to improve the company’s liquidity and capital structure.

KEY RESPONSIBILITIES

• Negotiate and execute fx trade profitably
• Track and reconcile foreign exchange gains and losses.
• Monitor exchange rates/currency fluctuations and their impact on company’s 
• Manage intercompany fx settlements, and reconciliations.
• Maintain proper documentation for fx and treasury transactions.
• Maintain strong relationships with banks and financial institutions to secure 
  favorable FX rates and services.
• Analyze cash flow trends, bank fees, FX gains/losses, and treasury KPIs
• Ensure timely and accurate reporting of FX activities, treasury KPIs, and 
  compliance with regulatory requirements.
• Ensure compliance with accounting standards (e.g., GAAP, IFRS)
• Monitor and execute cross-border payments and transfers, ensuring 
  competitive pricing and efficient settlements.
• Collaborate with senior leadership to provide insights and recommendations 
  on financial markets, FX risks, and treasury operations.
• Cash flow forecasting and liquidity management.
• Treasury controls and process improvement.
• Supporting automation and treasury system improvements.

KEY COMPETENCIES

• FX Expertise: Good understanding of FX markets and negotiation skills.
• Technical Skills: Proficiency in financial modeling, treasury management systems (TMS), and Excel. Experience with FX trading platforms is highly desirable.
• Analytical Skills: Strong quantitative and analytical abilities to interpret financial data and trends.
• Communication: Excellent interpersonal and communication skills to work effectively with internal teams and external partners.
• Attention to Detail: High level of accuracy and attention to detail in managing treasury functions and reporting.
• Problem-Solving: Ability to assess complex financial situations and develop strategic solutions.
• Ethical Judgement: Upholding integrity and confidentiality in financial work demonstrates maturity and sets the tone for ethical leadership later on.

KNOWLEDGE AND SKILL REQUIREMENTS

• Bachelor’s degree in finance, Economics, Accounting, or a related field. 
• Minimum of 5 years of experience in treasury management, with a strong focus on FX.
• Advanced computer software skills, including Excel, PowerPoint, and other accounting packages
• Must have completed the mandatory NYSC