Treasury and Banking Relationship Executive Position at Somotex Nigeria Limited

Somotex Nigeria Limited is a manufacturer and supplier of cooling systems – air conditioners and refrigerators partnering with Midea of China, and Chest Freezers in relationship with Tamashi.
Somotex is also a major importer of tyres and a major partner of Havells-Electrical in Industrial and Home appliances. The company provides after sales support service for all her product lines. Good communication skills is a key requirement for staff recruitment.

Somotex Nigeria Limited is recruiting to fill the position of:

Job Title: Treasury and Banking Relationship Executive
Location: Lagos

Job Details

• Preparing daily funds position.


• Updating of liabilities relating to imports


• Preparing and sending the bid instruction letters to banks on bidding dates.


• Getting the facility utilization position and prepare the report on limits vs utilization on a fortnightly basis.


• Getting all the bank original statements at the end of the month for audit purpose.


• Follow up of rtgs transfers / funds transfer – treatment.


• Preparing the trade loan forms and submission to banks.


• Getting the debit advices from banks for the direct debits in the statement relating to trade transactions as and when required.


• Attending the md’s personal banking related issues.


• Going to banks personally for any issues relating to be resolved immediately.


• Drafting all the correspondence letters to banks.


• Handling of company credit card related issues.


• Highlighting any abnormalities relating to charges on trade transactions.


• Over all responsibility for banking operations.


• Follow up of telex copies for the bids that went through and forward to the suppliers – update the same in exposure sheet.


• Coordination with logistics regarding insurance related issues.


• Preparing the board resolutions as at when required


• Liasing with banks on account opening / closing.


• Updating on any banking related changes


• Drafting the bank guarantees and get the bg’s from bank and forward to the concerned


• Coordinating with other agencies like uba trustees, jide taiwo etc as at when required

How To Apply
Interested and qualified candidates should send their Application letters and CV’s to: [email protected]

Treasury and Banking Relationship Executive Position at Somotex Nigeria Limited