IHS Towers's job vacancy, Career and Recruitment
Job title : Principal Specialist, Forex & Imports jobs in Lagos Job Location : Lagos Deadline : December 15, 2021
Quick Recommended Links
Jobs by Location
Job by industries
Key Roles & Responsibilities
Source, negotiate, and enter into competitive trades for the purchase of foreign currency.
Maintain company records of all currency purchases and ensure communication of relevant information to internal parties.
Provide inputs to the development of strategies to reduce the company Ûªs risk exposure to changes in foreign currency.
Keep abreast of forex regulations and requirements, applying the knowledge effectively in delivery of tasks with limited supervision
Serve as business partner to the Supply Chain organization, providing subject matter expertise and ongoing support on the import trade process with special attention to Central Bank of Nigeria (CBN) regulatory requirements.
Collaborate with Supply Chain to investigate and analyze challenges / problems that may arise and build solutions across the import trade process, leveraging experience and subject matter knowledge.
Contribute towards strengthening compliance with and knowledge of CBN regulations and forex solutions across the business.
Proactively monitor foreign currency exchange rates and other exposures relevant to the company.
Build and maintain effective relationships with the company Ûªs bankers to stay informed of solutions that add value to the IHS business.
Contribute towards enhancing IHS Ûªs ability to manage risks effectively by demonstrating and applying understanding of the regulatory environment around currency controls in Nigeria and requirements of the CBN Foreign Exchange Manual within the organization.
Support and implement processes for hedging forex risks of the company as per Group Treasury guidance.
Explore opportunities for forex solutions with the company Ûªs bankers and other approved channels.
Facilitate regular training for the Supply Chain team on import trade processes and ensure they are kept up to date on regulations and requirements.
Perform other tasks and duties as assigned by the Director, Treasury.
Experience & Qualifications Required
Bachelor Ûªs Degree in Finance, Accounting, or other related discipline. Relevant professional certifications will be an asset.
Plus 8 years experience working in Treasury.
Must have strong understanding of the Nigerian banking industry, currency controls regulations, currency solutions (FX hedge instruments), and import trade process and requirements.
Organizational Competencies :
Functional Competencies :
Banking Regulations Knowledge
Forex Market & Operations
Trade Services Administration
International Trade Regulations
Behavioural Competencies :
Collaboration & Teamwork
Accounting / Financial Services jobs in Nigeria *Accounting / Financial Services jobs in Lagos *Principal Specialist, Forex & Imports in Lagos
How to Apply for this Offer
Interested and Qualified Candidates should Click here to Apply online