Wakanow.com Latest Job Recruitment July, 2017

Wakanow.com is Africa’s leading, full-service online travel company. At Wakanow, we understand that everyone likes easy and affordable travel services, so we provide our customers with a one-stop booking portal for Flights, Hotels, Visa Assistance, Holiday Packages, Airport Transfers, an international Travel SIM, a Prepaid Travel Card, a Loyalty program, and much more.

We are recruiting to fill the vacant position below:

Job Title: Banking Relations and Liquidity Manager

Job Opening ID: WKN/27/JB
Location:  Lekki, Lagos

Job Descriptions

• You will be responsible for directly managing Group-wide banking relationships, Bank accounts architecture and in ensuring that there is adequate liquidity to meet the day to day obligations of the Group.
• Where appropriate, ensure that the excess cash of the Group is optimally.

Responsibilities 
Liquidity and Cash Management:

• Foreign exchange sourcing
• Closure of hedge contracts from financial institutions and other counterparties
• Development and enforcement of a Banking Services Level Agreement
• Monthly validation of Bank Charges, Interest charges etc.
• Development of a tactical plan for cash management
• Petty cash management
• Responsible for the daily preparation of a multi-currency cash position and cash forecast
• Development and implementation of a cash provisioning process
• Automation of cash collection processes and review of settlement risk that may exist
• Automation of liquidity planning and petty cash management processes
• Ensure immediate cash and liquidity visibility of Group-wide operations

Banking Relationship Management:

• Development of an optimal Bank accounts architecture
• Responsible for Bank accounts opening and closure; interbank and intrabank transfers, cash pooling etc.
• Management of Banking Relationships
• Engagement of Switching companies and other online payment platform partners
• Development, enforcement and negotiation of the Price Book
• Provide Banking advisory to other business units across the Group operations.
• Provide supervisory support to the Treasury analysts
• Provide advisory support to the Head, Treasury from time to time.

Experience and Professional Qualifications

• First degree in Accounting/Finance/Economics or any other business-related subject from a reputable university
• Master degree in Accounting/Finance or preferably an MBA from a reputable university
• Professional qualification (ICAN, ACCA, CFA, CIMA etc.)
• Minimum of 10 years related work experience
• Experience in a multinational firm
• At least 3 years in a supervisory/management capacity
• Experience in a Group Treasury function

Skill Requirement:

• Liquidity Management, Foreign Exchange Sourcing, Banking Relationship Management, Hedge Contract Mgt.

How to Apply

Click here to apply online

Job Title: Corporate Finance Analyst
Job Opening ID: WKN/26/JB
Location: Lekki, Lagos

Job Description

• You will play a key role in providing cash forecast and have responsibility for financial data analysis towards debt and equity funding for the business, gather data for due diligence analysis, Conduct routine macroeconomic research and analysis for senior management; while also responsible for the administration of loans and shareholders distribution.
• The role holder will also support mergers and acquisition, investor relations and the submissions of representations based on the terms of agreements with lenders and or bond holders.

Responsibilities
Financial Analysis:

• Proactively determine exchange rate for transaction processing for the business based on product and currency type.
• Develop a free cash flow forecasting model, feeding from the business plan/budget of the Company.
• Proactively identify the cash deficit/cash surplus of the Company over a medium term.
• Provide support in the sourcing of multiple funding instruments (debt, equity, etc.) from multiple funding partners for the funding of the business plan.
• Provide support by way of financial analysis and in reaching financial close in the various funding projects/] of the Company.
• Provide support in the optimisation of the finance expense of the business, such that the incidences of a debt overhang or unproductive interest is minimised.
• Conduct periodic global and pan-African macroeconomic analysis and research to support the decision making of senior management
• Maintain data repository for investor relations activities, while providing market insight to senior management in the engagement of investors.

Reporting and Data Administration:

• Provide data and due diligence support in obtaining a favourable credit rating from credit rating agencies as necessary.
• To compute at intervals the Weighted Average Cost of Capital (WACC) of the business and suggest to senior management the ways to optimise the WACC.
• Maintain robust loan records and adequate loan administration for the payment of interest, principal and fees related to the debt obligation of the Company.
• Maintain adequate data and record on shareholding structure, shareholding activities and take responsibility for shareholders distribution and related entries into the shareholders’ account
• Conduct valuation analysis, gather due diligence data and provide support in publishing Information Memorandum toward successfully executing funding projects, acquisitions, mergers, credit rating, and public listing as may be necessary
• Support the business in capital budgeting decisions in order to prioritise projects with a higher possibility of superior accretions to enterprise value, while ensuring to ration capital appropriately.

Experience and Professional Qualifications

• First degree in Accounting/Finance/Economics or any other business-related subject from a reputable university
• Professional qualification (ICAN, ACCA, CFA, CIMA etc.)
• Minimum of 7 years related work experience
• Experience in a multinational firm is an added advantage
• Experience in a Group Treasury function is an added advantage.

How to Apply

Click here to apply online

Deadline: 21st July, 2017.