Applications are invited from suitable and qualified candidates for the following Jobs at Rainoil Limited: Recruitment 2026.
About Rainoil Limited
Rainoil Limited is a prominent integrated energy company deeply involved in the Nigerian oil and gas industry. Within the Rainoil Group, a wide spectrum of business operations is seamlessly managed, covering various facets of the downstream value chain. These operations encompass Retail Sales, Bulk Storage, Logistics, and Shipping Petroleum, making Rainoil a significant and comprehensive player in the Nigerian oil and gas sector.
Summary
- Company: Rainoil Limited
- Job Opening: 3 Positions
- Location: Nigeria
- Job Type: Full Time
- Qualification: BA/BSc/HND
Job Opening: 3 Positions
1. Job Title: Commercial Sales Executive
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2, Job Title: Head, Investment & Treasury
Description
The Head, Investment & Treasury is responsible for ensuring the availability and adequacy of funds to support the Group’s operations while driving effective treasury management, investment decisions, cash flow optimization, and banking relationship management. The role provides strategic guidance on funding requirements, liquidity management, and investment opportunities to maximize returns and support business growth.
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Responsibility
- Provide strategic advice to management on the funding and cash flow implications of corporate strategies, goals, and business plans.
- Monitor and analyze the Group’s liquidity requirements to ensure adequate funding for operational activities and emergency needs.
- Manage bank balances, interest income, and financing costs to optimize treasury performance.
- Develop and enforce treasury policies and procedures to minimize liabilities and ensure timely settlement of obligations.
- Ensure the availability of funds for prompt payment to vendors, creditors, and other stakeholders.
- Establish and maintain strong banking relationships to secure favorable banking terms, rates, and access to financial facilities.
- Monitor and report on banking products and services, including investment opportunities, foreign exchange rates, and financing options.
- Manage treasury imprest accounts, ensuring proper disbursement, reconciliation, and replenishment processes.
- Monitor and report on cash surpluses and deficits and recommend appropriate actions.
- Review daily bank statements to verify the accuracy of charges, commissions, and transactions.
- Manage bank account administration, including mandate updates and new account openings.
- Coordinate the execution of banking facilities and credit arrangements by preparing and submitting required documentation.
- Oversee Letters of Credit processing, reporting, and correspondence, as well as other credit facilities.
- Liaise with banks to resolve operational and service-related issues.
- Oversee the preparation of monthly bank reconciliations, cash flow reports, and other treasury-related reports.
- Advise management on investment opportunities and strategies to maximize returns while managing risk.
- Ensure compliance with relevant regulatory requirements, accounting standards, and internal policies.
Requirements
- Bachelor’s degree in Accounting, Finance, Economics, or a related discipline.
- Professional certification such as ICAN, ACCA, or an equivalent qualification.
- Minimum of eight (8) years’ relevant experience, with at least three (3) years in a management role interfacing with executive leadership and financial institutions.
- Demonstrated experience in treasury management, cash flow planning, banking operations, and investment management.
- Strong knowledge of statutory financial reporting, GAAP, and IFRS.
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3. Job Title: COMMERCIAL MANAGER – GOBEL MARINE
Description
Commercial Manager for Gobel Marine to oversee the commercial operations of Gobel Ship and manage vessel chartering activities across the Group, ensuring optimal utilization and revenue generation.
Requirements
- Bachelor’s degree in Maritime Studies, Business Administration, Economics, or related field.
- Minimum of 7–10 years’ experience in commercial shipping, vessel chartering, or marine operations.
- Strong knowledge of chartering practices, freight markets, and maritime regulations.
- Proven experience in contract negotiation and commercial deal structuring.
- Strong business development and stakeholder management skills.
- Excellent analytical, financial, and market assessment abilities.
- Ability to manage multiple vessel operations and commercial portfolios.
- Strong communication, leadership, and decision-making skills.
- Proficiency in Microsoft Office and relevant shipping/commercial management tools.
- Professional certification in shipping/maritime (e.g., ICS, Institute of Chartered Shipbrokers) is an added advantage
Responsibility
- Lead the commercial management of Gobel Ship operations.
- Drive business development and revenue growth for the marine business.
- Manage vessel chartering activities across the Group.
- Negotiate and oversee commercial contracts and agreements.
- Develop and maintain relationships with clients, brokers, and key stakeholders.
- Monitor market trends and provide strategic commercial insights to management.
- Ensure compliance with contractual, commercial, and regulatory requirements.
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Deadline
7th August, 2026
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