Senior Manager, Treasury & Financial Risk Management Recruitment at Abuja Electricity Distribution Company

The Abuja Electricity Distribution Company (AEDC Plc) one of the 11 privatized Electricity Distribution companies in Nigeria that operates in the following states; Kogi, Niger, Nasarawa and Abuja, is presently recruiting for the position below:

Position Title: Senior Manager, Treasury & Financial Risk Management

Location: Abuja

Role Purpose Statement

Render Support To The General Manager, Treasury & Financial Risk Management on treasury matters.

Major Roles / Responsibilities

  • Render sound financial advice to the company on treasury related matters.
  • Critically analyse revenue reports, review bank cashbooks and proffer advanced bank reconciliation methods with high level of professionalism.
  • Carry out data collation and ensuring data integrity as required for developing tactical and operational plan.
  • Provide support to Senior team members on special projects assisting with data inputs and analysis and inputs necessary for the investment analysis efforts.
  • Work on ad-hoc projects/analyses as required from time to time.
  • Responsible for implementing KPI reporting standards and systems across core business functions at the Business units.
  • Maintain professional relationship with bank on an advanced level with the aim of making best banking decisions.
  • Professionally negotiate and recommend means of bridging liquidity gaps.
  • Give professional advice to the company on insurance matters.
  • Prepare and maintain insurance policy for the company.
  • Analyses insurance needs and secures optimum coverage for the organization.
  • Identify and analyse risks associated with policies.
  • Ensure crystallised insurance claims are processed timely.
  • Act as the company’s liaison to the company’s insurers/assurers.
  • Maintain a financial risk register.
  • Make quality investment decisions for the company.
  • Develop risk and cost assessment report on all investment decisions.
  • Reviews bank reconciliation of all Company’s bank accounts and ensure timely resolution of reconciling items/variables.
  • Forecast on the market trend and proffer professional advice to management on the purchase of foreign currency (FCY).
  • Ensure adherence to cashflow plan by reviewing monthly utilisation of funds.
  • Liaise with financial and other investment institutions.
  • Ensure compliance to Federal and State laws and rules on Treasury and risk management.
  • Maintain an in-depth understanding of market conditions, trends and overall economic outlook.
  • Constant monitoring of company’s investment objectives and goal.
  • Perform supervisory role to subordinates.
  • Should be able to stand-in for the Head Treasury in his/her absence.
  • Other roles as assigned by the Treasurer.

Academic and Professional Qualifications

  • Degree in Banking and Finance, Accounting, Business Administration, Economics, other analytical degree.
  • ICAN/ANAN/ACCA- will be an added advantage.

Work Experience:

  • Minimum 7 years corporate experience in relevant field (Financial Institutions or Treasury departments).

Application Deadline: 5:00 pm GMT; 1st May, 2019.

Click here to apply

The Cover Letter should be addressed to:
The MD/CEO,
Abuja Electricity Distribution Company Plc,
1 Ziquinchor Street, Off IBB Way,
Wuse Zone 4,
Abuja, FCT,
Nigeria.

Note

  • All applications should include CV and a Cover Letter.
  • The subject of your application should be position applied for. Failure to follow the instructions will lead to disqualification of your application

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