Banking Section Head

Job Description

Job Purpose

The Banking and Treasury Section Head owns the day-to-day management of the company's banking and treasury operations across both onshore and offshore banking relationships. The role ensures accurate, timely and compliant execution of banking transactions, effective cash and liquidity management, and strong, well-controlled relationships with banking partners. The role also provides working-level support to the CFO on financing, forex risk and bank facility matters, without owning the strategic deal-origination agenda.

Responsibilities

1. Banking & Treasury Operations (Onshore & Offshore)

• Manage the day-to-day operation of all onshore and offshore bank accounts, including account opening/closing, signatory updates, and administration of online banking platforms.
• Execute and monitor domestic and cross-border payments and transfers, ensuring accuracy, timeliness, and compliance with applicable regulations (including CBE and exchange control requirements).
• Maintain the bank facility register (limits, utilization, renewal dates) across onshore and offshore banks, and flag renewal or covenant requirements ahead of time.
• Coordinate KYC, account documentation, and other periodic compliance submissions requested by banks.

2. Cash & Liquidity Management

• Prepare and maintain short-term (daily/weekly) and medium-term cash flow forecasts across onshore and offshore entities, identifying surplus or deficit positions.
• Recommend and execute fund transfers, intercompany funding, cash pooling/sweeping, and short-term placement or borrowing to optimize liquidity and banking costs.
• Monitor working capital facility utilization and coordinate drawdowns and repayments with banks.

3. Trade Finance & Forex Execution

• Process and follow up on trade finance instruments – letters of credit, letters of guarantee, bill discounting and supplier financing – including issuance, amendments and bank coordination.
• Execute forex transactions (spot and forward) within approved limits and the Group's hedging policy; track forex exposures and rate movements.
• Support the maintenance and reporting of interest rate and forex risk positions.

4. Banking Relationship Management & Compliance

• Act as the primary day-to-day point of contact with onshore and offshore banking partners, ensuring queries and requirements are resolved promptly.
• Coordinate with internal departments (accounting, legal, commercial) to gather documentation required by banks.