Head, Investment & Treasury at Rainoil Limited

Rainoil Limited is a leading downstream oil marketing company; primary products which include (PMS), Diesel (AGO) and Kerosene (DPK). Rainoil Limited was incorporated in November 1994, commencing operations in May 1997. In 1999, Rainoil Limited acquired its first service station. Rainoil’s operations currently span across the downstream value chain i.e. Tank Farm Storage, Petroleum Product Haulage/Distribution and Bulk/Retail Sales Operations. : From one service station, the company’s assets/facilities have grown over the last 17 years to include: • An ultra-modern multi-product storage depot with a combined capacity of 50 million litres in Oghara, Delta State; with a proximally located, exclusive Jetty which • 29 retail outlets strategically located in major cities such as Lagos, Abuja, Kaduna, Port Harcourt, Enugu, Onitsha, Asaba, Makurdi, Sapele etc. • A fleet of 75 tank trucks for petroleum product distribution • 3 shipping vessels We purchase products from PPMC and also import from reputable off-shore suppliers such as Glencore Energy UK Limited and VITOL. To drive efficient delivery of products to our national network of retail outlets and customers we utilise our fleet of tank trucks. Rainoil maintains an active involvement in petroleum product distribution in the Lagos market via purchases from other marketers e.g. Oando Marketing Plc, Folawiyo Energy Limited and Sahara Energy Limited. Rainoil has finance facilities in excess of USD170million from different banks for importation of petroleum products. With a staff strength of over 500 trained personnel, we have developed a strong track record of quality product and service delivery.
The Head, Investment & Treasury is responsible for ensuring the availability and adequacy of funds to support the Group’s operations while driving effective treasury management, investment decisions, cash flow optimization, and banking relationship management. The role provides strategic guidance on funding requirements, liquidity management, and investment opportunities to maximize returns and support business growth.

Requirements

Bachelor's degree in Accounting, Finance, Economics, or a related discipline.
Professional certification such as ICAN, ACCA, or an equivalent qualification.
Minimum of eight (8) years' relevant experience, with at least three (3) years in a management role interfacing with executive leadership and financial institutions.
Demonstrated experience in treasury management, cash flow planning, banking operations, and investment management.
Strong knowledge of statutory financial reporting, GAAP, and IFRS.