TREASURY OFFICER (WITH FORM M PROCESSING EXPERIENCE) AT DAG INDUSTRIES NIGERIA LIMITED

About Company:

DAG Industries Nigeria Limited - We provide the most popular range of Bajaj motorcycles, Bajaj tricycles, Bajaj genuine spares, MRF tyres, DAG lubricants and unfaltering after sales service. Backed by its untiring team of professional and trained technicians, authorized service stations and its own service center, DAG has been instrumental in developing Nigeria through building infrastructure and creating jobs thereby providing a livelihood for the common people in Nigeria. We at DAG are committed to provide genuine spare parts, accessories, and a never failing support to its customers and business associates.

We are recruiting to fill the position below:

Job Description:

• The Treasury Officer will be responsible for managing the company’s liquidity, cash flow, banking operations, and treasury activities while also handling import-related documentation and regulatory compliance, particularly Form M processing with banks, Customs, and government agencies.
• The role ensures effective fund utilization, foreign exchange management, and smooth processing of international trade transactions.

Responsibilities
Treasury & Cash Management:

• Monitor daily cash balances and ensure availability of funds for operational and trade needs.
• Prepare and analyze daily/weekly/monthly cash flow forecasts.
• Process payments, bank transfers, and settlements.
• Reconcile bank statements and ensure timely resolution of discrepancies.

Form M & Trade Documentation:

• Process and manage Form M applications with banks and relevant government agencies.
• Ensure accurate documentation for imports (Proforma Invoices, LC applications, SONCAP, Insurance, etc.).
• Liaise with banks, Nigeria Customs Service, CBN, and other regulatory bodies for approvals and compliance.
• Monitor import documentation status and follow up until shipment clearance.
• Track foreign exchange (FX) requests and ensure proper utilization in line with CBN guidelines.

Banking & Relationship Management:

• Maintain strong relationships with banks and financial institutions.
• Negotiate favorable terms on FX bids, bank charges, and trade finance facilities.
• Follow up with banks on FX allocations, Letters of Credit, Bills for Collection, and other trade instruments.

Treasury Reporting & Compliance:

• Prepare treasury reports, including FX utilization, cash flow forecasts, and liquidity updates.
• Ensure compliance with internal policies, CBN regulations, and audit requirements.
• Provide documentation and support during internal and external audits.

Risk Management:

• Monitor and manage liquidity, FX exposure, and funding risks.
• Recommend strategies to minimize foreign exchange losses and optimize funding.

Requirements:

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Professional certification (ACA, ACCA, CFA, CIBN) is an added advantage.
• 3–5 years of experience in treasury, banking operations, or trade finance.
• Proven hands-on experience in Form M processing, FX bids, and import documentation.
• Good of CBN, Customs, and trade regulatory requirements.
• Excellent financial analysis and reporting skills.
• Proficiency in MS Excel, ERP systems, and banking platforms.
• Strong interpersonal and negotiation skills.
• High attention to detail, integrity, and ability to work under pressure.

Key Competencies:

• Treasury and cash flow management
• Foreign exchange and trade finance expertise
• Regulatory and compliance knowledge
• Documentation accuracy and follow-through
• Strong analytical and problem-solving skills.

Salary

Application Closing Date: Not specified

Application Instructions:

Qualified candidates should send their CV to: Kingsley.o@bajajnigeria.com using the Job Title as the subject of the email.