Wells Accounting and Tax Services, founded in 2019, is an independent accounting services firm based in Lagos, Nigeria. We provide a range of bookkeeping, payroll, tax, business consulting, and other financial advisory services that empower businesses to scale, through data-driven decision-making.
Treasury Accountant
- Job Type: Full Time
- Qualification: BA/BSc/HND
- Experience: 3 – 5 years
- Location: Lagos
- City: Victoria Island
- Job Field: Finance / Accounting / Audit
Role Objective
- The Treasury Accountant will oversee the organization’s cash flow, banking operations, and liquidity management to ensure efficient use of funds and compliance with financial regulations.
- This role is responsible for planning budgets, reconciling bank statements, preparing cash flow reports, managing loans, and ensuring timely financial reporting to support strategic decision-making.
Key Responsibilities
Bank & Cash Management
- Manage company bank accounts to ensure efficiency, compliance, and optimal returns.
- Prepare daily, weekly, and monthly cash flow plans for management decision making.
- Perform regular bank reconciliations, ensuring alignment with the general ledger and IFRS standards.
- Maintain and monitor petty cash funds, ensuring accurate posting of all disbursements in the ERP.
- Track and reconcile staff cash advances, ensuring retirement within 48 hours and
- communicating deductions for defaults.
Loan & Investment Management:
- Maintain loan schedules, capturing principal repayments and accrued interest.
- Monitor loan covenants and ensure timely repayment by setting aside funds in advance.
- ovide interest and debt analysis reports, ensuring profitability and compliance with agreements.
Budgeting & Forecasting:
- Collate and prepare annual budgets in collaboration with departmental heads.
- Develop dynamic, updated cash flow plans (weekly and monthly) based on budgetary changes and operational realities.
Regulatory Compliance & Reporting:
- Prepare and manage Nigerian Export Proceeds (NXPs) documentation, ensuring accurate matching of inflows and timely closure of balances.
- Ensure compliance with treasury regulations, tax requirements, and all local, state, and federal financial laws.
- Maintain confidentiality and secure management of all financial records, Spreadsheets and register.
- Deliver timely financial reports, including:
- Weekly and monthly bank reconciliation
- Daily/weekly/monthly cash flow plans
- Loan repayment schedules and profitability reports
- Updated cash flow statements reflecting current realities
Other Duties
- Support fundraising and investment initiatives to strengthen the company’s financial position.
- Perform any other finance-related tasks as assigned.
Qualifications & Requirements
- B.Sc. or HND in Accounting, Finance, Economics, or a related field (professional certification such as ACA, ACCA, or CFA is an advantage).
- Minimum of 3–5 years of relevant experience in treasury or financial accounting.
- Solid understanding of accounting principles, financial management, budget planning, and cash flow control.
- Proven experience using ERP systems and advanced Excel skills.
- Strong analytical, problem-solving, and critical-thinking abilities.
- Excellent organizational, documentation, and communication skills.
- High ethical standards, integrity, and ability to maintain confidentiality.
Key Competencies:
- Cash flow forecasting and management
- Financial reporting and analysis
- Regulatory compliance and tax planning
- Strong interpersonal and stakeholder management skills
- Attention to detail and proactive decision-making.
Method of Application
Interested and qualified candidates should send their CVs to: recruitment.wells@gmail.com using “Treasury Accountant” as the subject of the mail.
