JOB TITLE:
Treasurer
POSITION IN THE ORGANISATION
Reports to:
- Financial Controller
Direct subordinates (No.):
- N/A
MISSIONS/JOB DIMENSIONS
The Treasurer is based in Kampala.
500 invoices and expense claims monthly expected, bank accounts in 4 currencies (UGX, TZS, USD, GBP) in estimated 5 banks.
EACOP Ltd is a UK company, with two branches (UG & TZ) and has 4 shareholders, TotalEnergies, UNOC, TPDC and UNOC. It is to build and operate a 1442 km oil pipeline from Hoima (UG) to Tanga (TZ).
In charge of day-to-day Treasury functions: Financial Debt, Bank accounts and Forex management (including treasury forecast, payments), preparing cash calls sent to Shareholders/Lenders.
ACTIVITIES
- Compare daily the bank balances and the Cash Analysis Excel file to ensure correctness
- Plan and prepare payment proposals in ERP with respective bank accounts
- Schedule all interbank transfers and negotiate FX deals
- Interface with UK head office for equity and external debt financing
- Ensure timely settlement of payments
- Update the Cash Analysis Excel file every time payments (in and out) are booked
- Stamp and file paid invoices
- Avoid daily negative balance on local and foreign bank accounts
- Carry out the midmonth bank reconciliations.
- Liaise with the banks to resolve promptly any issue related to accounts and/or payments
- Prepare the monthly Treasury forecast, and reconcile it with the actual end of month balance
- Prepare the cash calls sent to Shareholders and Lenders
- Assist the Chief Accountant during external audits (statutory and financial, fiscal, shareholders, national authorities)
- Participate in the Implementation of EACOP’s new ERP
CONTEXT AND ENVIRONMENT
- Shareholders Agreement completion by year-end 2021
- Transition from TEAM BV to EACOP Ltd at SHA completion
- Implementation of a brand new dedicated ERP for EACOP Ltd (Finance and HR)
ACCOUNTABILITIES
- Timely payment of vendor invoices & expense claims
- Efficient cash management.
QUALIFICATIONS AND REQUIRED EXPERIENCE
Qualifications:
- Master’s degree in finance – ACCA Level 2
Experience:
- Minimum 10-year experience in Treasury and Accounting, ideally in Oil & Gas in in the Banking sector, with international exposure
- Knowledge of SAP or similar ERP, Microsoft Office Suite
Competencies:
- Strong technical skills in treasury, accounting and ERP systems.
- Analytical mind, focus on processes, attention for details.
- Strong interpersonal and communication skills; team spirit; ability to cope with pressure and deadlines.
- Excellent level in English (spoken & written).
