Applications are invited from suitable and qualified candidates for the position of Treasury Manager at Sahara Group.
About Sahara Group
Sahara Group, established in 1996 with Sahara Energy Resource Limited as its first company, initially focused on trading petroleum products. Over the years, it has evolved into a multifaceted conglomerate operating in sectors such as upstream, midstream, downstream, power, and infrastructure development. Sahara Group’s strength lies in its ambidexterity and ability to create extraordinary solutions from ordinary circumstances, tailored for diverse markets. Through investments in people, technology, strategic acquisitions, and expansion programs, Sahara continually explores new frontiers in energy provision. Embracing good corporate citizenship, the company promotes global sustainable development and transparency in business, collaborating with multilateral organizations and stakeholders worldwide.
Job Summary
- Company: Sahara Group
- Job Title: Treasury Manager
- Job Type: Full Time
- Qualification: BA/BSc/HND
- Locations: Victoria Island, Lagos Nigeria
Job Title: Treasury Manager
Job Description
Accountabilities
1. Cash & Liquidity Management
- Manage daily global cash positioning and ensure timely execution of payments and wire transfers.
- Develop and maintain accurate short-term and long-term liquidity forecasts.
- Oversee cash pooling arrangements and intercompany lending activities to optimize internal liquidity.
- Monitor cash balances to ensure sufficient liquidity for operations, CAPEX, and debt obligations.
2. Risk Management Execution
- Execute approved hedging strategies for commodities, foreign exchange, and interest rates.
- Monitor counterparty risk exposure and ensure compliance with risk policies.
- Track and report on hedge effectiveness versus targets and market outcomes.
- Collaborate with senior finance leadership on risk management policies and strategies.
3. Debt & Capital Administration
- Manage execution of drawdowns, repayments, and rollovers of credit facilities.
- Ensure timely calculation and payment of interest and related charges.
- Monitor debt covenants and compliance with financing agreements.
4. Banking Relationships
- Manage day-to-day relationships with banks and financial institutions.
- Negotiate banking fees, credit terms, and service agreements to minimize costs.
- Administer bank accounts, including opening, closing, and maintaining appropriate signatory controls.
- Ensure compliance with internal controls and segregation of duties in treasury operations.
5. Reporting & Process Improvement
- Prepare and deliver treasury reports, including cash forecasts, debt schedules, and risk exposure summaries.
- Develop and maintain treasury policies, procedures, and internal controls.
See Also:
Requirements for the position of Treasury Manager at Sahara Group
- Bachelor’s degree in finance, Accounting, Economics, or related discipline.
- Professional qualification (ACT, CFA, ACCA, CPA, or equivalent) strongly preferred.
- 7–10 years of progressive experience in treasury, corporate finance, or banking.
- Experience in cash forecasting, liquidity management, and risk management in multinational or capital-intensive industries (oil & gas preferred).
- Strong knowledge of financial instruments, hedging products, and debt facilities.
- Proficiency in treasury management systems (TMS), ERP systems (SAP, Oracle), and advanced Excel.
- Ability to maintain strong relationships with external parties and internal colleagues
- Knowledgeable in IFRS.
Deadline
18th January, 2026
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