Job Description
Job summary
The Treasury Accountant is responsible for managing the company's day-to-day cash operations, processing payments through the approved Procure-to-Pay workflow, performing bank reconciliations, and ensuring accurate and timely statutory remittances. This is a hands-on execution role.
Min Qualification: Degree Experience Level: Senior level Experience Length: 5 years Language Requirement: English Working Hours: Full Time - 8 to 5 Applicant Location: Lagos, Nigeria
Job descriptions & requirements
Responsibilities:
Treasury & Payment Processing:
• Manage daily cash position
• Process all approved payments
• Verify every payment against the current approved terms, PO value, and cumulative advances before disbursement.
• Ensure three-way matching (PO, GRN, invoice) is confirmed before any vendor payment is released.
• Maintain relationships with banks
Bank Reconciliation:
• Perform daily bank reconciliations across all company bank accounts — investigate discrepancies, resolve timing differences, and maintain complete reconciliation records.
• Reconcile supplier statements to Accounts Payable balances monthly and flag variances for resolution.
• Reconcile customer accounts against the Accounts Receivable ledger.
• Prepare weekly and monthly cash flow reports for the Finance Manager.
Statutory Compliance & Remittances:
• Compute and process all statutory remittances accurately and on time
• Prepare and submit tax returns and statutory reports as required by LIRS, FIRS, Pencom, and other regulatory bodies.
• Support annual tax audit and regulatory examinations — prepare schedules, respond to queries, and provide documentation.
Record Keeping & Reporting:
• Post all treasury-related transactions in Odoo ERP accurately and on the day of occurrence
• Prepare journal entries for bank charges, interest income, and other treasury items.
• Support the Finance Manager with monthly management accounts — provide cash-related schedules, bank balance confirmations, and reconciliation summaries.
• Maintain organised physical and digital filing of all payment vouchers, bank statements, receipts, and supporting documentation for audit readiness.
Controls & Audit Support:
• Ensure adherence to the company's pre-payment verification process
• Support internal and external audits — provide schedules, reconciliations, and documentation as requested.
• Flag any irregularities, policy breaches, or control weaknesses to the Finance Manager and IC&A function immediately
Requirements:
• B.Sc. in Accounting, Finance, Banking & Finance, or a related discipline.
• ICAN, ACCA, or equivalent in progress (minimum PE 1 completed) or fully qualified.
• 2–5 years of hands-on accounting experience with a treasury, payments processing, or cashbook management component.
• Experience with accounting ERP systems; Odoo preferred; Sage, QuickBooks, or similar accepted.
• Proficient in Microsoft Excel, bank reconciliation templates, pivot tables, VLOOKUP, and basic financial analysis.
• Working knowledge of Nigerian tax legislation, PAYE computation, WHT, VAT, and pension administration.
• Experience performing bank reconciliations across multiple accounts.
Preferred Qualifications:
• Experience in manufacturing, trading, commodities, or financial services.
• Experience working across multiple company entities in a group or shared services structure.
• Familiarity with Odoo ERP financial modules
Key Competencies:
• Accuracy and consistency in Reporting an Record Keeping
• Process discipline and policy adherence
• Integrity
• Time management
• Proactive communication
