IHS Towers is one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count and is solely focused on the emerging markets. The Company has over 40,000 towers across its 11 markets, including Brazil, Cameroon, Colombia, Côte d’Ivoire, Egypt, Kuwait, Nigeria, Peru, Rwanda, South Africa and Zambia. For more information, please email: [email protected] or visit: www.ihstowers.com

Job Purpose

Coordinate all import processes in line with banking regulations.

Job Responsibilities

• Process, track, record and monitor all International Trade and Imports related transactions.
• Process and upload journal entries for Shared Service Centre (SSC) postings of International Trade related transactions as at when due (T+2 of transaction date).
• Keep an up-to-date database/ tracker of Letters of Credit (LC) and LC loans by regularly following up with the bank.
• Process LC requests, Bills for Collection, and Non-Valid for FX.
• Assist in updating Forms A and Forms M on the Central Bank of Nigeria (CBN) portal while complying with CBN regulatory requirements for imports.
• Monitor and follow through for compliance of imports with CBN regulatory requirements.
• Offer expert advice to Supply Chain on LCs and Forms M.
• Monitor and report on the accuracy of LC and related charges.
• Provide inputs and support to track and report on FX exposures.
• Provide inputs to the short-term weekly cash forecasts.
• Monitor and follow up with the bank for prompt processing and issuance of Pre-Arrival Assessment Reports (PAARs) for custom duty assessment generation.
• Process custom duty payments in line with Service Level Agreements (SLAs).
• Ensure complete shipping documents are delivered on time to IHS by the bank, thereby avoiding demurrage arising from late collection of Original Bill of Lading (OBL).
• Follow up with Supply Chain for Final Exchange Control document and ensure submission at the bank in line with regulatory requirements.
• Monitor the bank charges from international and forex related transactions to ensure that they are correctly charged.
• Prepare loan repayment (Interest and Principal) letters.  
• Perform other tasks and duties as assigned by the Principal Specialist, Forex & Imports.

• Bachelor’s degree in Finance, Accounting, or any related discipline.
• Relevant professional certification, e.g. ACCA, will be an asset.
• +2 years’ cognate experience in a Finance environment.

   

Organizational Competencies 

Customer Focus - People demonstrating this competency understand & exceed our customers’ needs. They develop trusted, reliable & collaborative relationships. They are consistently operating to the highest standards of service & delivery. 

Innovation - People demonstrating this competency constantly seek new & improved ways to deliver our products & services. They champion engineering & skills development, and work to create a collaborative and supportive operating environment. 

Integrity - People demonstrating this competency are open & honest in everything they do. They support financially & environmentally sustainable growth. They make socially responsible decisions and treat their stakeholders with respect. 

Boldness - People demonstrating this competency are thorough in analyses & decision-making. They are courageous in expanding existing markets & developing new ones. They confidently pursue appropriate financial returns and are forward-thinking and ambitious. 

Sustainability- People demonstrating this competency are constantly seeking to create positive impact in the communities we serve. 

Our Vision 

IHS is committed to improving the quality and availability of telecommunications infrastructure, the lifeline for an increasingly connected world. We are dedicated to helping create a sustainable future for the communities in which we operate, and our sustainable strategy is structured around four pillars: ethics and governance, environment and climate change, education and economic growth, and our people and communities.