Treasury Manager at CIG Motors Limited

CIG Motors Co. Limited has begun on a soft landing since 2013 following a pact signed with Guangzhou Automobile Group Co., Limited (GAC MOTOR) to establish and manage distribution network in Nigeria, Africa. The group, headquartered in Guangzhou China, launched business operation in Nigeria at the peak of Automobile boom based on Government advocacy for the production of brand new vehicles in Nigeria.

We are recruiting to fill the position below:

Job Title: Treasury Manager

Location: Lagos
Employment Type: Full Time

What you would do

• Responsible for implementing the company’s settlement system, settlement process, decentralization manual, and supervising the orderly progress of settlement work.
• Reasonably allocate the internal funds of various Nigerian operating entities, avoid the retention of idle funds, and increase the capital turnover rate.
• Pay attention to the balance of funds, arrange the purchase of foreign exchange back to the country according to the purpose of the funds, and be responsible for the connection of foreign exchange purchases in the parallel market and exchange rate negotiations.
• Submit the monthly funding plan of Nigeria Settlement Center to the Finance Center of Choice Group monthly and submit weekly capital revenue and expenditure reports and abnormal revenue and expenditure reports to the headquarters financial center on a weekly basis.
• To ensure the safety of the funds of the Nigerian business entity, promptly discover problems in the settlement work, timely feedback to the superiors and propose solutions.
• Assist the Finance Center of Choice Group to improve Nigeria’s fund management system and standardize fund management.
• Responsible for the work of outreach with the bank and assisting the president’s office to complete the work of investment and financing.
• Responsible for the establishment and development of personnel training in the settlement center.
• Complete other tasks assigned by superiors and work in coordination/coordination with related departments.

What you should have

• B.Sc Degree in Finance, Accounting and any other related courses;
• 6 – 10 years relevant work experience.
• Prior and relevant work experience in treasury management or finance roles;
• Strong knowledge of financial principles, financial markets, investment instruments, and risk management strategies is essential;
• Good understanding of liquidity and working capital management;
• Proficiency in assessing and managing financial risks is crucial.
• Strong communication, interpersonal, and leadership skills are necessary to effectively coordinate treasury activities and build relationships.
• Ability to analyze complex financial data, identify trends, and make informed decisions.
• Knowledge of relevant financial regulations and compliance requirements is important.

Deadline: 15th July, 2023.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@cigmotors.com using the Job Title as the subject of the mail.