Treasury Banking Manager at Guinness Nigeria Plc

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 [...]

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