WTS Energy Head of Treasury Jobs in Nigeria
WTS Energy Head of Treasury Jobs in Nigeria
RoleReporting to the Chief Executive Officer (CEO), Chief Operations Officer (COO) and other senior Executives, the Head of Treasury/Finance is a part of the Executive Leadership Team (ELT) and is responsible for the financial management of the organization.
Typical Job Duties and Responsibilities
As Head of Treasury, the candidate performs a wide range of responsibilities. These may include, but are not limited to:
Providing sound financial support and insights to enable the ELT to make critical business decisions
Presentation of financial results and insights to the Board
Play a key role in the formulation of the business’s strategy
Managing and overseeing the taxation affairs of the organization and liaising with the external tax firm for specialist advice
Managing and overseeing the cash flow of the company and ensuring it has the appropriate treasury controls
Analyzes, interprets and records all financial data from the sale of instant lottery tickets; analyzes and interprets the financial file interface for the online gaming system and adjusts data to the General Ledger.
Summarizes and enters weekly totals for online games electronic funds transfers (EFT’s) adjustments, lottery sales and payouts into the accounting system and reconciles online games accounts receivables.
Balances weekly instant and online games EFT files for distribution to appropriate accounts; controls the revenue stream from retailers’ to Lottery accounts.
Prepares accounts receivables and weekly accounting records.
Ensures that lottery revenue and related taxes are properly reported and remitted; verifies accuracy of the Games Report on a daily basis.
Ensures compliance with the gaming facility’s internal control system and the Minimum Internal Control Standards adopted by the industry.
Ensures the integrity of table games played at the gaming facilities.
Analyzes video lottery central computer data in order to make daily adjustments to ensure the accuracy of revenue reporting.
Perform forensic auditing of machine irregularities and conducts routine audits with the assistance of field auditors. Creates reports of audit findings to senior management and maintain knowledge of current trends and developments in the field.
Performs routine field audits and forensic auditing of machine irregularities.
Managing and overseeing the company’s banking and borrowing arrangements
Managing relationships with Investors (where applicable)
Managing and overseeing the company’s financial systems
Investment appraisal and analysis
Presenting results to non-finance people to understand
Recruitment, training, mentoring and development of staff
Overseeing Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial and Management Accounting functions.
Risk Management to ensure the business has a solid risk framework in place
Overseeing commercial decision making from tender analysis, margin analysis, pricing analysis etc
Advising and implementing best practice methods to increase
revenue and reduce costs
Advising on market changes and providing strategic financial recommendations to the ELT
Managing and tracking budget and accounting information including billing, collections, and tax information
Reviewing all formal finance policies and procedures
Develop cash targets to support efficient liquidity management
Manage excess operating cash to obtain optimum interest revenue
Develop and enforce strong internal controls and financial management policies
Develop treasury reporting dashboards appropriate for various stakeholders and track KPI
Oversee electronic cash receipt and cash disbursement processing and accounting
Oversee daily cash positioning activities including managing daily liquidity, cash position reconciliation and bank reporting
Serve as the primary contact with commercial banks in cash management services, trust, custody and with business managers regarding day-to-day treasury needs.
Skills and Attributes
Bachelor's Degree in Accounting, Finance, or related field (MBA preferred)
Professional accounting qualification
The more common skills and attributes that are most needed for this role may include:
10+ years’ experience in a senior financial managerial position with a proven record of success
Sound decision-making skills based on accurate and timely analyses
Results-oriented and metrics-driven
Exceptional time management and able to solve problems
Exceptional interpersonal communication and leadership skills, with the ability to communicate and manage staff at all levels
Ability to lead by example and demonstrate a strong sense of integrity, ethics and dependability
Professional written and oral communication skills
Confident to present results to an audience
Strategic thinking, planning and creative problem-solving skills
Ability to work under pressure
Ability to collaborate with upper management to organize, plan and achieve company financial goals
Advanced computer software skills, including Excel and financial reporting software.
How to Apply
For more information and job application details, see; WTS Energy Head of Treasury Jobs in Nigeria
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