Applications are invited from suitable and qualified candidates for the position of Treasury Officer 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 Officer
- Job Type: Full Time
- Qualification: BA/BSc/HND
- Locations: Lagos Nigeria
Job Title: Treasury Officer
Job Description
Accountabilities
- Monitor and manage the company’s cash flow to ensure there is enough liquidity to meet financial obligations, such as payroll, debt payments, and operational expenses.
- Develop strategies to optimize liquidity, including managing cash reserves, short-term investments, and credit facilities to maximize returns while minimizing risk.
- Identify and assess financial risks facing the company, such as interest rate risk, foreign exchange risk, and commodity price risk, and develop strategies to mitigate these risks through hedging or other financial instruments.
- Ensure compliance with relevant financial regulations and reporting requirements, including Sarbanes-Oxley (SOX) compliance, tax regulations, and industry-specific regulations governing the oil and gas sector.
- Assist in the development of financial forecasts, budgets, and strategic plans to support the company’s growth objectives and long-term financial health.
- Manage relationships with banks, financial institutions, and other external partners to negotiate favorable terms for banking services, credit facilities, and other financial products.
- Oversee the company’s debt portfolio, including the issuance of debt securities and the management of debt covenants. Additionally, manage the company’s investment portfolio to optimize returns while managing risk.
- Coordinate day-to-day treasury operations, including Cash management, payment processing, and reconciliation of bank accounts.
- Communicate with internal and external stakeholders, including senior management, investors, rating agencies, and regulatory authorities, to provide updates on financial performance, risk exposures, and treasury initiatives.
- Identify opportunities to improve treasury processes, systems, and controls to enhance efficiency, accuracy, and transparency within the treasury function.
Knowledge and Skills
- Must possess very sound knowledge of basic accounting
- Must be able to do analysis and interpretation of financial transactions.
- In-depth Knowledge and Application of International Financial Reporting Standards.
- Ability to maintain strong relationships with external parties and internal colleagues.
- Knowledge of basic business and accounting software (Knowledge of ERP is an added advantage) & Microsoft Office applications (such as EXCEL, WORD, POWERPOINT, etc.).
- Knowledge of & application of IFRS is essential.
- Analytical and Logical Reasoning.
- Ability to prioritize a wide range of tasks.
See Also:
Requirements for the position of Treasury Officer at Sahara Group
Professional Qualification
- A university degree (or its equivalent) in Accounting, Economics or related field.
- Minimum of 4 years cognate working experience within a similar role.
- Professional certification such as ICAN, ACCA, CIMA or CPA.
Deadline
19th January, 2026
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