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Treasury Manager at Sahara Group


Sahara Group is a leading international energy and infrastructure conglomerate with operations in over 38 countries across Africa, Middle East, Europe and Asia. Spanning three decades, we have broken ground and challenged stereotypes across the global business landscape. The women and men who make up our organization are our strongest levers for growth.

We are recruiting to fill the position below:


Job Title: Treasury Manager

Location: Port Harcourt, Rivers
Job type: Full-time

Job Summary

  • Manage liquidity and cash flow ensuring business needs are met in a cost effective and prudent manner.
  • Manage and oversee funds requests, transfers and payment processing and relationship management.

Key Duties and Responsibilities

  • Establish processes and frameworks for managing liquidity and risk.
  • Implement liquidity and risk management processes and frameworks as defined by Sahara Group Treasury.
  • Develop and implement strategies to meet short, medium and long term financing needs ensuring alignment with the organisation’s goals and objectives.
  • Recommend strategies for raising necessary funds to facilitate the realisation of operational and corporate objectives.
  • Track the deviations from MYTO approved accounts position, evaluate the reasons, take corrective actions as appropriate and update the Chief Finance Officer on exceptions
  • Cultivate and manage relationships with key bankers and investors.
  • Participate/ provide inputs in the review of FIPL’s bankers ensuring compliance with Service Level Agreements (SLAs).
  • Take responsibility for general payments reconciliation and control procedures.
  • Notify supplier when payment instruments are ready for collection or funds are transferred.
  • Review the preparation, processing and tracking of purchase requisitions, purchase orders, receipt of goods and services, capturing of invoices, reconciliation statements for supplier accounts and payment requests
  • Ensure the preparation and rendition of tax returns and retention of all relevant tax records
  • Ensure accurate computation and accounting for taxes ensure prompt settlement of liabilities
  • Compute accurately and file all federal, state, local, sales, and other tax returns including relevant reports to ensure compliance with all tax laws and regulations
  • Approve expenditures as defined in the approved manual of authority
  • Prepare the unit’s budget inputs and contribute in the preparation of the budget firm-wide.
  • Design and develop a unit plan those details how the unit will deliver on organizational requirements
  • Coach, mentor and conduct performance appraisal for subordinates on a timely basis
  • Conduct performance review of subordinates.
  • Prepare periodic report for the attention of the Chief Finance Officer.
  • Approve expenditure within the limits of approval
  • Ensure judicious management of organization’s liquidity to meet all likely contingencies within established risk limits.
  • Preparation of cash forecasts and manage cash flows/cycles ensuring availability of adequate funds to meet daily operational requirements.
  • Oversee the validation of all supplier and vendor payments and ensure that all requests for payment are supported with valid supporting documents in line with organization’s financial policies.
  • Disbursement of cash ensuring compliance with defined policies and procedures. • Recommend strategies for raising necessary funds to facilitate the realisation of FIPL’s operational and corporate objectives.
  • Coordinate all foreign exchange dealings for FIPL.
  • Oversee the tax payments at designated banks and obtain necessary receipts and other documents required for tax filing
  • Extract, collate and document relevant supports and proof of remittances for tax investigation
  • Seek innovative ways for the business to benefit from tax relief and other similar advantages
  • Assist with all tax-related research and interpretation of tax legislations and provisions
  • Keep abreast of changes and updates in macroeconomic policies and advice the Chief Finance Officer on the implications for the business.
  • Perform any other duties as assigned by the Chief Finance Officer.


  • A Bachelor’s Degree or its equivalent in Accounting, Finance or a related discipline.
  • Professional accounting/ finance certification, (e.g. ACA, ACCA, CIMA, CFA, etc.)
  • Minimum of (10) years relevant experience with at least three (3) in a managerial role

Your Personal Attributes:

  • Intrinsically motivated
  • Results – oriented and pragmatic with exceptional problem solving and decision making skills;
  • Top-notch networking and negotiation skills
  • Emotionally intelligent and team player with an international outlook
  • Excellent and precise communication & presentation skills;
  • Comfortable and effective in managing and communicating with team members and stakeholders
  • Ability to deliver results with low levels of supervision;
  • Very sound business acumen – financial and commercial knowledge.
  • Good understanding of foreign exchange operations and associated regulations.
  • Good communication and interpersonal skills.
  • Good leadership and people management skills, including the ability to manage multiple/ complex teams effectively.
  • Excellent negotiation skills and influencing skills.
  • Excellent analytical and problem-solving skills.
  • High ethical standards and integrity.
  • Strong interpersonal skills, time management and planning skills
  • Conscientious in approach to work
  • Customer-centric and good leadership skills
  • Good understanding of trends, challenges, opportunities, regulations and legislations relating to the power industry.
  • In-depth knowledge of trends and developments in global accounting and finance practice.
  • Advanced financial and accounting knowledge, including understanding of finance best practices and IFRS/ international accounting and financial reporting standards.
  • Experience in strategic financial planning and analysis.
  • Working knowledge of the Multi-Year Tariff Order, cost assumptions, returns on investments etc.



How to Apply
Interested and qualified candidates should:
Click here to apply

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