Guinness Nigeria Plc - We are Guinness Nigeria, member of Diageo Plc the world's leading premium drinks business with an unrivalled collection of beverage alcohol & non-alcohol brands across the Spirits, Wine & Beer categories.
Diageo is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, beer and wine.We are continuously interested in talented individuals who want to progress their careers and make a difference to our business.
Diageo is recruiting to fill the below position:
Job Title: Treasury Banking Manager
AutoReqId: 35533BR
Reports To: Treasury Manager Operations
Location: Lagos
Job Purpose
Develop and maintain beneficial relationships with Guinness Nigeria’s banks
Ensure bank balances are within Diageo limit at all times
Ensure accuracy of interest income and expense monthly
Prompt and regular follow up of transactions with all banks
Ensure bank account signatories are up to date and bank confirmation is done on a quarterly basis
Ensure prompt change of bank signatories as and when the need arises with proper approval of the Board
Ensure Treasury ledgers are up to date
Monthly reconciliation of investments, leasing, and unclaimed dividend
Revenue assurance (reconcile customers SAP accounts payment run versus credit in bank statement)
Job Responsibilities
Reconciliation of Order to Cash (OTC) daily payment runs with credit in bank statement (Revenue Assurance)
Verification and reconciliation of banking transactions in bank statements with specific reference to bank charges, Commission on Turnover (COT) and others and ensure recovery of excessive charges and Commission on Turnover (COT) by banks on all Guinness Nigeria’s bank accounts
Estimating interest expense and income for each month for posting
Provide appropriate Bank Administration Institute (BAI) Codes for manual statement upload by the Manilla team
Ensure regular electronic sweeping of funds from collecting banks to the single banking partner for payments
Skills, Qualifications and Experience
Graduate calibre with a degree in Accounting or any other related field; non-accounting graduates will require professional qualification in Accounting.
Minimum of 3 years post qualification experience gained within a Finance function of an FMCG or Bank
Proven ability: good team player / strategic thinking
Ability to learn fast and adapt to a new experience.
Able to demonstrate success in carrying out key assignments.
Ability to take commercial insights and translate into the Organisation & People Agenda.
Proven ability to facilitate, persuade, influence and build credibility with all levels and all functions.
Analytical, interpretative and decision-making skills.
Excellent coaching and relationship building skills.
Sound IT knowledge in the use of Microsoft office (Excel, word and power point).
Working knowledge in accounting package-SAP
Good communication skill
Barriers to Success in Role
Inability to reconcile and ensure that the banks refund Guinness Nigeria with excess charges and Commission on Turnover (COT), where applicable.
Inability to effectively manage cash balances in all Guinness Nigeria‘s bank accounts.
Inability to learn fast, adapt to a new, flexible role as well as manage relationships with varied stakeholders.
Application Closing Date
31st January, 2013
Method of Application
Interested and qualified candidates should:
