Treasury & Investment Officer at Prudent Energy and Services Limited (PESL)

Prudent Energy and Services Limited (PESL) – We are a wholly-owned Nigerian company with its core area of specialization in the downstream sector of the Nigerian oil industry. At Prudent Energy and Services Limited (PESL), you will be exposed to business operations and support in downstream Oil & Gas. With numerous employees spread across various business locations, including the heart of Lagos. You will learn from our Human Capital, who are accomplished professionals in their chosen fields.

We are recruiting to fill the position below:

Job Title: Treasury & Investment Officer

Location: Lagos, Nigeria (On-site)
Job type: Full-time

Prudent Energy & Services Limited (PESL) is a wholly owned indigenous oil & gas trading company in Nigeria.

Your Job Role

You will be responsible for cash deposits, withdrawal and payments, petty cash administration and monitoring the organization’s cash position.

Your Key Responsibilities

Facilitate the availability of funds to meet day-to-day operational petty cash expenses and emergencies.
Maintain records to allow easy disbursement, reconciliation and replenishment
Make prompt payment to Prudent Energy’s suppliers, vendors and other creditors when due
Manage the petty cash register as well as spread sheets to allow for reconciliation of accounts.
Raise cheques and prepare confirmation and transfer letters for approved payments over petty cash limit
Process cash book transactions and preparation of bank reconciliations
Conduct timely bank reconciliation, filing and records keeping of transactions with different banks
Create and maintain records of cash requests and disbursements for each department
Process expense retirement ledgers to ensure proper accountability of all cash advances
Process updates to bank mandates and processes new account opening forms.
Review bank statements daily to ascertain correctness of charges, commissions and posted transactions.
Prepare monthly reports for submission to the Treasury & Investment Lead
Facilitates prompt cash, cheques or direct debit payments to Prudent Energy’s suppliers, vendors and other creditors.

Job Requirements

Candidates should possess a Bachelor’s Degree / HND in Accounting, Finance, Economics or any related discipline
Must have 3-5 years experience in the Finance / Treasury / Accounts function in a similar organization
Relevant professional certifications from ICAN, ACCA or its equivalent

Skills & Competencies: