Senior Treasury Accountant at South Atlantic Petroleum Limited

South Atlantic Petroleum (SAPETRO) - Is an indigenous Nigerian oil exploration and production company, focused on creating value for its stakeholders in the pursuit of rewarding exploration, development and production opportunities in Africa.

To support maximization of our existing assets and the pursuit of our business expansion agenda, we seek a talented, enthusiastic, innovative and multi-tasking individual as Senior Treasury Accountant - SA 019.

We are recruiting to fill the position of:

Job Position: Senior Treasury Accountant

Ref: SA019
Location: Any City, NG
Reports To: Treasury Manager

Job Description

Key Roles: To enhance the capacity of the Treasury function and ensure that it efficiently supports the Company's operations in Nigeria and elsewhere. This individual will be responsible for driving consistent, simple Treasury, Insurance & Investment monitoring, analysis and forecasting processes across SAPETRO.

Accountabilities: Work jointly with the Treasury Manager, responsible for establishing and monitoring Treasury function's SLA and KPI's. Co-ordinate implementation within the company's reporting package (SAP) of new policies, procedures or controls pertaining to authority and limits in Record-to-Report (RTR) & Procure-to-Pay (PTP) as well as segregation of duties. Monitor and document key events in the financial services industry as well as perform regular validation checks on the financial health of our key bankers. Perform adequate validation checks on all payments to ensure: proper computation, relevant and adequate supports as well as accuracy of payment instructions. Ensure validity of banking transactions through proper and timely monthly review of reconciliation statement of all bank accounts, investment and loan accounts. Generally monitor the company's exposures and ensure compliance with it's policy. Preparation of short and medium term cash forecasts. Monitor and report bank balances on a daily basis to ensure proper funding of accounts. Maintain good commercial and interpersonal relationship with the company's bankers, Insurance brokers, vendors and other departments. Liaise with the relevant public agencies to obtain key fiscal and monetary policy documents and information on a timely basis e.g. CBN Monetary Policy Guidelines, FGN Annual budgets, Foreign Exchange Circulars etc. Actively participate in financial and Insurable risk management processes. Prepare and maintain Insurance schedules and ensure timely renewal. Pursue and obtain timely settlement of all valid Insurance claims. Provide oversight / guidance to junior personnel working directly on Treasury, Insurance and Financial Investment activities. Perform any other duties assigned by the Manager.

Qualifications Minimum of a 2nd Class Upper University degree. Approximately 5 to 10 years experience within the Treasury department of a multinational company or financial institution. MBA or Master's Degree from a top tier business school will be an advantage. Chartered Accountant (ACA / ACCA / CPA). Knowledge of SAP Good understanding of the workings of financial systems. Ability to work under pressure with minimum supervision. Good interpersonal and communication (verbal & written) Strong analytical, multitasking and problem solving skills. Ability to speak French would be an advantage. Conversant with the use of Microsoft Office Tools.

Application Closing Date
17th October, 2013

Method of Application
Interested and qualified candidates should send their CVs (Microsoft Word Format) as an attachment to: jobopportunities@owel-linkso.com Email subject titles should read: Senior Treasury Accountant - SA019.