Finance Lead – Treasury at Seven Up Bottling Company

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Company: Seven Up Bottling Company
Location: Nigeria
State: Lagos Jobs
Job type: Full-Time
Job category: Administrative/Secretarial Jobs in Nigeria

Job Description

Seven-Up Bottling Company Limited is one of the largest manufacturing companies in Nigeria, producing and distributing some of the nation’s most- loved beverages in the country like; Pepsi, 7Up, Mirinda, Teem, Mountain Dew, H2oH!, Lipton Ice Tea and Aquafina premium drinking water. SBC has recently entered into Home & Personal Care category with the 2SURE brand and launched its first product, a Hand & Surface Sanitizer. Seven Up boasts of nine bottling plants with state-of-the-art manufacturing facilities strategically located across various regions in the country.

We are recruiting to fill the position below:

Job Title: Finance Lead – Treasury

Location: Lagos
Employment Type: Full-time

Position Overview

We are seeking a highly skilled Finance Lead – Treasury to join our dynamic finance team. The successful candidate will play a pivotal role in managing the treasury functions across multiple regions.
This role requires a strategic thinker with a strong understanding of treasury operations, risk management, and financial analysis within the FMCG sector.

Key Responsibilities

Execute daily cash management activities, including monitoring cash balances, forecasting cash flow positions, and ensuring adequate liquidity to meet operational needs.
Coordinate with various departments and subsidiaries to optimize cash utilization and minimize idle cash balances.
Manage banking relationships, including negotiating banking services, implementing efficient banking structures, and monitoring bank fees and service charges.
Oversee the administration of bank accounts, including account openings, closings, and signatory updates.
Execute foreign exchange transactions and hedge currency risks to mitigate exposure.
Develop and maintain short-term and long-term cash flow forecasts for multiple regions.
Analyze variances between forecasted and actual cash flows and provide actionable insights to improve forecasting accuracy.
Prepare regular reports on cash position, liquidity, and treasury performance for senior management and stakeholders.

Qualifications

Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
Minimum of 5 years of experience in treasury management, preferably in the FMCG industry with exposure to multiple regions.
Strong knowledge of cash management, liquidity management, foreign exchange, and risk management techniques.
Proficiency in financial analysis, financial modeling, and treasury systems.
Excellent communication skills with the ability to interact effectively with internal and external stakeholders.

Application Closing Date
7th March, 2024.