Rainoil Limited is an integrated downstream oil and gas company. A prominent player in the Nigerian industry, the company’s operations span across the downstream value chain i.e. Petroleum Product Storage, Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO) and Kerosene (DPK).
We are recruiting to fill the position below:
Job Title: Head, Investment & Treasury
Location: Lagos
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.
ResponsibilitiesProvide 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.
RequirementsBachelor'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.
Application Closing Date7th August, 2026.
How to Apply
Interested and qualified candidates should:Click Apply Now button to apply
