Treasury Accountant at KPMG

    Lagos State
    Posted 7 months ago

    Job ID: 150672BR
    Service Line: Finance & Accounting
    Job Level: Associate / team member
    Contract Type: Permanent
    Full Time / Part Time : Full Time

    Job Summary

    • The Finance and Accounts team in KPMG Nigeria is responsible for recording, preparing and presentation of the financial report of the firm’s activities.
    • The role – Responsible for all matters relating to cash management and cash disbursements

    Specific Duties and Responsibilities

    • Responsible for monitoring availability of funds, monitoring all bank balances and requesting funds transfers when necessary
    • Responsible for preparing monthly and revised weekly cash forecasts
    • Prepare monthly variance analyses of actual cash collection against forecast
    • Responsible for processing investment of  idle funds with banks
    • Responsible for preparing and maintaining schedule of interests on invested funds
    • Responsible for maintaining proper records of investment certificates
    • Liaison with banks on all cash and related matters
    • Responsible for reviewing cheque vouchers
    • Supervise daily cash count
    • Responsible for preparing weekly bank position statement
    • Calculates and advise on monthly internal exchange rate
    • Responsible for conducting regular cash audit
    • Supervise activities of Banking Officer

    Backup Arrangement:

    • The Payables Accountant will take up all the duties and responsibilities of the Treasury Accountant when absent.

    Job Requirements

    • B.Sc. in Accounting or its equivalent
    • Should possess ACA cetification


    • 3-5 years of relevant experience


    • Strong appreciation of treasury and cash management including cash forecasting, loans, investment, etc
    • Good appreciation of the Nigerian capital and money markets
    • Accounting skills
    • Strong business acumen and ability to recognise and take advantage of opportunities
    • Strong negotiation and persuading skills
    • Strong analytical and problem-solving skills
    • Strong business ethics and high level of integrity
    • Knowledge of basic information technology/Microsoft office tool
    • Supervisory skills
    • Strong communication and interpersonal skills
    • Strong networking and relationship management skills

    Key Performance Indicators

    • Timeliness and completeness of cash forecast – every second working day of every month for monthly and by 10am of every Monday for the weekly forecast
    • Timely release of weekly Bank Position – not later than 12noon of following Monday
    • Fraud-free, error free petty cash management/recording system – zero tolerance
    • Proactive in advising the Director of Finance to place idle funds
    • Effective supervision of the Banking Officer measured by zero loss of cash.

    Method of Application

    Note: Only shortlisted candidates will be contacted.

    Interested and qualified? Go to KPMG on to apply

    Job Features


    3 - 5 years

    Apply Online