- Company: Baobab Microfinance Bank
- Location: Lagos
- Job type: Full-time
- Deadline: 23rd November, 2026
About the role
Baobab Microfinance Bank is a leading financial services provider in Nigeria, dedicated to empowering individuals and small businesses through innovative financial solutions. We are seeking a Treasury Officer to join our finance department in Lagos. This full-time position reports to the Treasury Manager and focuses on ensuring optimal cash utilization, regulatory compliance, and efficient execution of treasury operations.
Responsibilities
- Support CBN examinations, external and internal audits.
- Maintain accurate records of all fund movement transactions.
- Develop short- and medium-term cash flow forecasts incorporating loan disbursements, repayments, and deposit withdrawals.
- Process local and international fund transfers (RTGS, NEFT, SWIFT, etc.).
- Manage vault cash, settlement accounts, and correspondent bank balances.
- Monitor bank accounts to ensure adequate funding before transfers.
- Perform daily and monthly bank reconciliations for all bank accounts.
- Prepare and submit reconciliation reports for review and approval.
- Monitor cost of funds, track yields, and ensure prompt rollover of maturing investments.
- Conduct basic ALM analysis and monitor foreign currency exposures.
- Assist in preparing monthly ALCO reports and all Treasury reports.
Requirements
- BSC or HND in Finance, Accounting, Economics, or a related field.
- 2–5 years’ experience in treasury or banking, preferably in microfinance or financial services.
- Strong understanding of the Nigerian financial system and CBN regulations.
- Proficiency in Microsoft Office applications, Sage Pastel, Sage X3, and Globus Temenos T24.
- In-depth knowledge of IFRS and FRCN Rules.
- Professional certifications (ACA, ACCA) are advantageous.
- Strong analytical, communication, and negotiation skills.
How to apply
Interested and qualified candidates should click here to apply online. Please note that only shortlisted candidates will be contacted. This role is under the finance department, so please read the job description carefully before applying. The application deadline is 23rd November, 2026.
