Head, payable and Treasury

Job Summary

The Head of Treasury is responsible for the firm's treasury strategy, liquidity management, banking relationships, working capital optimization, and funding requirements across the firm's four divisions. The role ensures that the firm's cash resources are effectively deployed to support growth, partner distributions, operational requirements, and strategic investments while maintaining strong financial controls and regulatory compliance

Job Details

Develop and execute the firm's treasury strategy in alignment with business and financial objectives.
Advise the CFO and Executive Committee on liquidity, capital allocation, and treasury risk matters.
Drive treasury transformation initiatives, including automation and process optimization.
Lead treasury activities across all four divisions to ensure consistency and alignment with firm-wide objectives.
Maintain optimal liquidity levels to support operational, strategic, and partner-related obligations.
Oversee firm-wide cash positioning and daily liquidity monitoring.
Prepare and review rolling cash flow forecasts for all business divisions.
Develop short, medium, and long-term funding plans.
Monitor working capital requirements and recommend improvement initiatives.
Ensure adequate cash resources are available to meet payroll, tax, vendor, and partner obligations
Maintain optimal liquidity levels to support operational, strategic, and partner-related obligations.
Oversee firm-wide cash positioning and daily liquidity monitoring.
Prepare and review rolling cash flow forecasts for all business divisions.
Monitor working capital requirements and recommend improvement initiatives.
Ensure adequate cash resources are available to meet payroll, tax, vendor, and partner obligations.
Coordinate treasury requirements across the firm's four divisions.
Monitor divisional cash generation, utilization, and funding requirements.
Advise divisional leadership on cash optimization opportunities.
Support the management of partner capital accounts, drawings, distributions, and related settlements.
Oversee inter-division funding arrangements and cash allocations where applicable.
Review payment schedules and cash disbursement plans.
Monitor aging payables and working capital metrics.
Ensure effective management of vendor relationships and payment controls.
Oversee statutory remittances including WHT, VAT, PAYE, and other regulatory obligations.
Ensure monthly reconciliation of payables balances and accruals
Prepare treasury reports and dashboards for the CFO and Executive Committee.
Ensure compliance with internal policies, accounting standards, tax regulations, and financial reporting requirements.
Maintain robust treasury controls and segregation of duties.
Support internal and external audits relating to treasury functions.

Requirements

Bachelor’s degree in any discipline.
Minimum of 7 years of progressive finance experience.
At least 4–5 years in a treasury, cash management, or accounts payable leadership role.
Strong experience managing banking relationships and payment operations.
Experience with ERP systems and treasury management solutions.
Experience leading finance teams.
A minimum of a Second-Class Upper Division from a recognized university
M.Sc. with merit/distinction may be an added advantage
Minimum of 5 O ’Level credits in two sittings (including English and Mathematics)
ACA, ACCA, CPA, or equivalent professional accounting qualification.
Treasury-related certification (ACT, CTP, CFA, or equivalent).

About Company

KPMG Professional Services

https://home.kpmg.com/ng

KPMG Professional Services and KPMG Advisory Services are the KPMG member firm in Nigeria. The partners and people have been operating in Nigeria since 1978, providing multidisciplinary professional services to both local and international organisations within the Nigerian business community. Our vision is to build and sustain our reputation as the best firm to work with by ensuring our people, clients and communities achieve their full potential. At KPMG, we are committed to working with our clients to cut through complexities of the business world; finding solutions and adding value. Our combination of international and local market knowledge and perspective give us an edge in the professional services industry in Nigeria. This combination enables the Nigerian practice to add real value by developing strategies that give the firm's clients a distinct edge over their competitors. As one of the leading providers of professional services, KPMG knows that the success and growth of the firm also depends on the success and growth of the Nigerian economy. Hence, it champions progressive change and makes the future happen for its clients, people and the community, thereby enabling Nigeria's success. The firm is involved in the formulation of economic policies for Nigeria through the Nigerian Economic Summit Group. The firm has a full complement of 59 partners and over 1,500 trained and dedicated professional staff; with deep industry skills and competencies in audit, tax and advisory services. KPMG has worked for clients in the public and private sector in Nigeria and in several other countries, helping to transform business performance and operations.