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Cash Management Officer at The Nigerian Stock Exchange
work The Nigerian Stock ExchangeplaceLagosDate Posted: 2019-09-25The Nigerian Stock Exchange is recruiting to fill the position of a Cash Management Officer in Lagos
Job Summary
- Cash Management Officer manages the Exchange’s incoming and outgoing cash effectively on a daily, weekly, and monthly basis. Liaise with banks and maintain security and confidentiality of financial records.
Key Responsibilities
- Maintains database of operating banks, their account details and facilitate documentation requirements
- Ensuring timely payment of payroll transactions / staff reimbursement
- Ensuring timely payment of statutory dues of the company (VAT/WHT)
- Processing of vendor payments to ensure accuracy and timeliness in accordance with contractual obligations and turnaround time on NSE-GAPs
- Monitoring bank balances and performing bank fee analysis
- Ensuring timely preparation of monthly reconciliation of all banks maintained by The Exchange and follow up of unreconciled transaction with the concerned department
- Ensure compliance with internal controls, policies and procedures
- Reconciliation of various treasury related GL code with the trial balance
- Processing of all cash and bank transactions in business system (ERP)
- Preparation of weekly reconciliations of all bank accounts maintained by the Exchange
- Ensure that all cheque payments are supported by authorized invoices
- Ensure that the cash advance ledger is reconciled monthly and retirement are supported by appropriate documentation and authorized signatory
- Make calls to the bank directly to clarify adjustments or to clarify items on the bank statements in order to reconcile activity
- Ensure that sufficient fund are available in the bank account maintained by The Exchange to meet ongoing operational requirement
- Provides prompt, efficient and accurate service in processing requests and transactions on NSE-GAPs electronic payment platform
- Resolves a variety of clients, customers and staffs complaints and inquiries
- Administration of debit MasterCard’s and opening / closing new card accounts
- Review and reconcile transactions carried out on the Exchange’s POS Terminal
- Take corrective action to resolve issues such as payment discrepancies
- Maintain documentation to support requests for account adjustments
- Effectively communicate with teammates to address issues and needs
- Performs other duties as assigned or as the situation dictates
Key Relationships
Internal:
- Daily interaction with the Finance Team, all Business Units, Internal Audit & Risk Management Teams
External:
- Daily interaction with NSE Bankers especially at the operational level; external auditors, and Management
Qualifications and Experience
To successfully deliver the above goals, the right candidate must have:
- University Degree with emphasis on Economics, Finance & Accounting or any other numerate courses (sciences and Engineering)
- At least one relevant professional qualifications e g ACCA, ACA
- Customer service orientation and negotiation skills
- Excellent analytical, problem solving and decision making skills Knowledge of general accounting principles, regulatory standards and compliance requirements.
Functional Competencies:
- Project Management
- Microsoft Office Packages
- Excellent oral and written communication skills
Behavioural Competencies:
- Accountability
- Collaboration
- Inter-Personal Relations
- Ability to work independently on multiple assignments and projects concurrently
- Ability to maintain a high level of confidentiality in handling sensitive information
- Ability to maintain well-organised electronic files
Method of Application
Interested and qualified candidates should click here to apply on or before 1st October, 2019.
Note: The intent of this job description is to provide a representative summary of the types of duties and responsibilities that will be required of positions given this title and shall not be construed as a declaration of the specific duties and responsibilities of any particular position.
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