Group Head, Treasury

AI summary

Senior leadership role safeguarding the Group's financial assets, optimizing liquidity, and managing financial risk across multiple currencies. Requires 10-15 years experience and onsite work in Lagos.

• Strategically critical role with full spectrum of financial risk management
• Multi-currency environment spanning hard-currency and restricted-currency markets
• Onsite job in Lagos with 10-15 years experience required

Description

Group Head, Treasury at Promasidor July, 2026 | MyJobMag Login Signup Employers Nigeria Ghana Kenya Nigeria South Africa UK Jobs Career Advice Post Job Search for Jobs Abia Abuja Adamawa Akwa Ibom Anambra Bauchi Bayelsa Benue Borno Cross River Delta Ebonyi Edo Ekiti Enugu Gombe Imo Jigawa Kaduna Kano Katsina Kebbi Kogi Kwara Lagos Nasarawa Niger Ogun Ondo Osun Other Oyo Plateau Rivers Sokoto Taraba Yobe Zamfara Administration / Facilities Agriculture / Agro-Allied Art / Crafts / Languages Aviation / Aerospace Banking Bursary and Scholarships Caregiver / Nanny / Social Workers Catering / Confectionery Construction and Site Engineering Consultancy Content, Editorial and Journalism Customer Care, Success and Service Data, Business Analysis and AI Driving Education / Teaching / Training Engineering / Technical Environment Health and Safety Finance / Accounting / Audit Food, Beverage and Hospitality General Graduate Jobs Human Resources / HR ICT / Computer Insurance Internships Janitorial Services Legal and Regulatory Logistics Manufacturing Marketing and Communication Media Production and Entertainment Medical / Healthcare NGO/Non-Profit Oil and Gas, Energy and Mining Pharmaceutical Procurement / Store-keeping / Supply Chain Product Management Project and Program Management Real Estate Research and Development RFP / RFQ / EOI Risk Management and Compliance Sales and Business Development Science Security / Intelligence Shipping and Maritime Sports, Fitness and Personal Care Strategic and Top Management Travels and Tours UX, Design and Architecture Volunteer BA/BSc/HND First School Leaving Certificate MBA/MSc/MA NCE OND Others PhD/Fellowship Professional Certificate Secondary School (SSCE) Vocational Close Detailed Search X Send this job to a friend Type the email of your friend Enter your email Type Your Email Message I think you may be interested in this position - Group Head, Treasury at Promasidor. This is the link: https://www.myjobmag.com/job/group-head-treasury-promasidor?utm_source=email_friend. Copy and paste link on browser if link is not working. Check it out! X Did you notice an error or suspect this job is scam? Tell us. Enter your email Type Your Message Group Head, Treasury at Promasidor View Jobs in Manufacturing / Production / FMCG / View Jobs at Promasidor Posted: Jul 21, 2026 Deadline: Not specified Save Email @gmail.com @yahoo.com @outlook.com Promasidor was founded in 1979 by Robert Rose, who left the United Kingdom in 1957 for Zimbabwe to pursue his African dream. As Chairman of Allied Lyons Africa for over 20 years, he travelled extensively across Africa and gained a unique and thorough knowledge of the food industry throughout the continent. In particular he noticed a lack of availability of t... Read more about this company Group Head, Treasury Job Type Onsite Qualification BA/BSc/HND , MBA/MSc/MA , Professional Certificate Experience 10 - 15 years Location Lagos Job Field Finance / Accounting / Audit Job Purpose The Group Head - Treasury is a strategically critical leadership role responsible for safeguarding the Group's financial assets, optimising liquidity across operations, and managing the full spectrum of financial risk, including foreign exchange, interest rate, counterparty, and sovereign risk. Operating in a complex, multi-currency environment spanning both hard-currency and restricted- currency markets, the Group Head - Treasury ensures the organisation maintains financial resilience, funds its growth ambitions, and complies with diverse central bank regulations across the continent. This role is central to enabling the Group's expansion strategy by securing competitive funding, managing banking relationships at a regional level, and deploying best-in-class treasury technology across the Group. Critical areas of responsibility include: Liquidity & Cash Management Financial Risk Management Debt Management & Capital Structure Banking Relationships & Stakeholder Management Treasury Technology & Operations. Key Responsibilities Liquidity & Cash Management: Design and execute the Group's liquidity management framework across all entities, ensuring optimal cash positioning in both local and hard currencies. Develop and maintain rolling 13-week cash flow forecasts and 12-month liquidity projections with variance analysis by business unit. Oversee the bank reconciliation process with integration of banks to ERP system to drive efficient bank recons. Own and maintain the Group's bank reconciliation policy and controls framework, ensuring consistent application across all entities. Optimise working capital funding through structured trade finance solutions. Manage trapped cash strategies across restricted-currency markets (e.g., Ethiopia, Angola), including back-to-back arrangements and auctioned FX windows. Financial Risk Management: Develop and implement the Group's Financial Risk Management Policy, encompassing foreign exchange risk, interest rate risk, counterparty credit risk, and sovereign/political risk. Execute hedging strategies using forwards and natural hedging techniques, where applicable. Monitor and report on Value-at-Risk (VaR), Cash-Flow-at-Risk (CFaR), and stress-testingscenarios to the Group CFO. Manage counterparty exposure across banking relationships, maintaining a diversified panel of Tier 1 international and leading pan-African banks. Implement insurance and credit risk mitigation programmes. Debt Management & Capital Structure: Support in-country efforts on debt origination and refinancing, including syndicated loans, bilateral facilities, and development finance institution (DFI) funding. Maintain and optimise the Group's capital structure, targeting an appropriate leverage ratio aligned with the Board-approved financial policy and credit rating objectives. Negotiate and manage banking facilities, covenants, and security packages across entities, ensuring compliance with facility agreements. Prepare and present treasury updates to the CFO. Banking Relationships & Stakeholder Management: Own and manage the Group's banking relationship framework, conducting annual bank reviews, RFPs for transactional banking, and wallet-share optimisation. Build and maintain relationships with development finance institutions (e.g. IFC and AfDB) to access concessional and blended finance. Treasury Technology & Operations: Lead the implementation and optimisation of the Treasury Management System (TMS) integrated with Business Central, ensuring straight-through processing and real-time visibility. Drive automation of bank reconciliations across all Operating Companies, payment processing (SWIFT/local RTGS), and cash positioning through API connectivity and AI-enabled process automation. Establish and enforce treasury controls, segregation of duties, and internal governance in line with SOX-equivalent frameworks. Produce monthly treasury management reports, including FX exposure reports, debt maturity profiles, counterparty limits utilisation, and hedge effectiveness assessments. Requirements Bachelor's Degree in Finance, Accounting, Economics, or a related discipline; a Master's Degree or MBA is advantageous. Recognised professional accounting qualification (ACA, ACCA, or CIMA) or Association of Corporate Treasurers (ACT) or CFA charter. Minimum of 10–15 years' progressive experience in corporate treasury or finance, including at least 3 years in a senior or group treasury leadership role. Demonstrable experience managing treasury operations across multiple currencies and jurisdictions, ideally within African or other emerging markets. Hands-on experience operating in restricted-currency environments, including trapped-cash management and central bank/exchange control engagement. Proven track record in debt origination and syndication, spanning bank, bilateral, and development finance institution (DFI/IFC) funding. Experience leading the selection and implementation of a Treasury Management System (TMS) and treasury process automation. Check how your CV aligns with this job Method of Application Interested and qualified? Go to Promasidor on www.linkedin.com to apply Build your CV for free. Download in different templates. Share Save Email Report Get new Finance / Accounting / Audit jobs like this on Telegram. Subscribe on Telegram Send your application Your Name Your Email Your Phone Number Your Current Location Abia Abuja Adamawa Akwa Ibom Anambra Bauchi Bayelsa Benue Borno Cross River Delta Ebonyi Edo Ekiti Enugu Gombe Imo Jigawa Kaduna Kano Katsina Kebbi Kogi Kwara Lagos Nasarawa Niger Ogun Ondo Osun Other Oyo Plateau Rivers Sokoto Taraba Yobe Zamfara Subject of your Application Your cover letter Attach your CV/Doc View All Vacancies at Promasidor Back To Home Jobs You Might Be Interested in Accountant at TalAxis Consulting Limited Finance Personnel Head of Finance & Investment Internal Auditor at The Label Store Accounts Clerk at Crovation Limited Accountant at Sarabel Logistics and Security Services Limited Accounting Officer at Fisem Integrated Services Accountant at Nicole Sinclair Consulting Senior Finance & Accounts Officer Finance Specialist at New Age Mobile Concepts Limited Auditor I at Nautilus Nigeria Engineering and Construction Limited Finance Officer at Prime Skills Academy (PSA) Accountant - Lagos at Rekopel Resources Ltd Accounts Officer at Dozzy Group External Audit Services for Year - 2026 at Norwegian Church Aid ('NCA') Find Your Dream Job! 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