Treasury Analyst at Calaya Engineering Services

Treasury Analyst at Calaya Engineering Services – TDPel Jobs

Calaya Engineering Services is a limited liability company that is specialized in Industrial & Oil Field Chemicals, Well Operations & Wellhead Maintenance, Corrosion Control, Monitoring & Prevention, Steel Structure Design, Construction & Fabrication, Cathodic Protection Services, Sand blasting & Coating, Calibration, Certification and Pressure Testing, Hybrid Acoustic Technology (HAT), Statutory Inspections and Nondestructive Testing, Waste & Environmental Management and Procurement.About the Job
Service Dimensions:

This job covers all treasury activities in the Company
Several local and international banking institutions, laws, and regulations as well as Parent Company’s treasury rules
Approximately 8,700 transactions processed monthly
96 foreign and local bank accounts.

The incumbent is required to perform the following activities:

Treasury Cash Forecasts and Management:

Forecasts the Company’s daily cash need, monitors performance, and analyses variances by comparing forecasts versus performance to ensure efficient cash management.
Evaluates the Company’s need for Naira, as the senior analyst, and conducts negotiations for FOREX Sales required operations.
Supports the Treasurer in monitoring Company’s bank balances to ensure availability of funds for smooth company operations.

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Produces Daily Bank Balance and FX Sales reports, and contributes to preparing Treasury Tableaude Bord for management decision-making.
Prepares and dispatches NXP reports for Crude Oil & Gas Commercial to ensure compliance with regulatory requirements.
Provides adequate economic reasons for all key cash flow movements for the weekly treasury meeting in HQ
Provides the Company’s weekly forecast overdraft position with relevant explanation of forecast movements.


Monitors cash call receipts as the senior cash flow analyst and informs relevant stakeholders for adequate reporting of arrears.
Collaborates with Accounting Department to ensure adequate recording of Treasury transactions.
Follows up on pending or returned payments and receipts as the senior analyst to ensure adequate resolution of issues. Controls
Implements approved internal control procedures on treasury operations to ensure safety of the Company’s financial assets
Implements relevant financial laws, regulations, agreements, and covenants with authorities and financial institutions
Communicates with banks on confirmation of payment instructions, missing daily MT940 bank statements.

Banking Relationship:

Supports the Treasurer in developing and maintaining positive relations with banks and lenders in order to achieve the Company’s objectives.
Participates in negotiating bank facilities and supports the documentation process.

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Context and Environment:

Dynamic legal and regulatory (e.g.,CBN ad-hoc directives) environment, constraining creativity, and increasing risk of sanctions.
Increasing sophistication in Cyber crimes, higher potential for financial crimes, and exposure to third-party threats and weaknesses
Reliance on information technology & communication and its inherent challenges, may be beyond the treasurer’s control
Omissions, commissions, errors, and fraud could potentially lead to high financial loss to the company.

HSE Content:

General Awareness of HSE.


Synchronizes cash flows for the Treasurer to ensure that Company’s financial obligations are met as at when due.
Implements cash flow operational procedures and controls to ensure adequate safeguard of the Company’s financial resources
Prepares daily cash forecasts, monitors performances, and analyses variations to ensure efficient cash management
Cultivates and maintains positive relations with bankers and lenders to ensure operational efficiency.
Maintains an up-to-date working knowledge of relevant regulations and company rules to ensure compliance.

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Qualifications / Experience Required

Minimum educational qualification of HND / B.Sc in Social Sciences / Finance / Accounting / Banking / Economics
8 years relevant post-graduation experience in Finance/Banking/Treasury function (treasury operations experience in a
banking/finance institution will be an added advantage).
Possession of excellent analytical and communication skills as knowledge of Microsoft Office (at least Intermediate Level).
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