Senior Manager: Treasury Operations

Full Time2 weeks ago
Employment Information
JOB DESCRIPTION:

As the Senior Manager: Treasury Operations at Cellulant, you will be a vital part of our mission to revolutionise digital payments across Africa.
You will play a hands-on role in managing the day-to-day liquidity, ensuring smooth payment flows, and optimising the company's cash resources.
Your expertise in treasury operations, meticulous attention to detail, and analytical skills will be crucial to maintaining our financial health and supporting our growth across multiple markets.

CORE RESPONSIBILITIES:
Payment Operations:

Float Funding: Manage and optimise float funding for airtime and payout transactions, ensuring sufficient liquidity to meet customer demand and support business growth.
Interbank Transfers: Execute timely interbank transfers to maintain optimal liquidity levels and support cross-border transactions.
Merchant Settlements: Process manual settlements for merchants efficiently and accurately, ensuring timely payouts and maintaining strong relationships with our partners.
Wallet Liquidation: Oversee the liquidation of wallets from various mobile network operators (MNOs), optimising processes and minimising costs.
Float Allocation: Allocate and manage float funds across the Tingg platform to ensure smooth operations and efficient utilisation of resources.

Foreign Exchange (FX) Management:

FX Procurement: Coordinate with partner banks to source foreign exchange at competitive rates and ensure timely execution of transactions.
FX Rate Monitoring: Monitor and analyse currency exchange rates to identify opportunities for cost savings and risk mitigation.
FX Reporting: Prepare regular reports on FX assets and liabilities, sources and uses of FX, FX revenues, and Value-at-Risk (VaR) analysis.

Treasury Operations:

Transaction Confirmation: Timely confirmation of treasury transactions to ensure accuracy and completeness of records.
Bank Reconciliations: Perform daily reconciliations of bank accounts to identify and resolve discrepancies, ensuring the integrity of financial data.
TMS Management: Oversee financial controls and authorisations within the Treasury Management System (TMS), ensuring compliance with internal policies and procedures.
Payment Approvals: Review and approve payments in accordance with established limits and controls.
Bank Account & Mandate Management: Maintain accurate records of bank accounts and mandates, ensuring they are up-to-date and compliant.
Rolling Reserves Monitoring: Monitor and manage rolling reserves to ensure compliance with regulatory requirements and mitigate liquidity risks.

Reporting and Analysis:
Tracking and Reporting: Maintain and update intercompany trackers, FX trackers, and settlement trackers to ensure accurate and transparent reporting.

Analysis: Conduct regular analysis of treasury data to identify trends, optimise processes, and support decision-making.
Daily Asset (cash) and liability (pending settlements) review
Assessment of VAR for pending settlements (with respect to FX rate changes

QUALIFICATIONS & EXPERIENCE:
Must have experience:

Knowledge of banking, treasury and payments products and processes.
Thorough knowledge of African currency markets and regulatory frameworks
Strong communication skills and an ability to build and leverage cross-functional relationships.

Nice to have experience:

Treasury Management System
Accounting
Strong understanding of financial markets, and banking operations.

Qualification:

Education: Bachelor's Degree in Finance, Accounting, Economics, or a related field.
Experience: 5-8 years of hands-on experience in treasury operations, back-office processing, or a related field preferably within the fintech industry.
Knowledge:
Strong understanding of treasury functions, financial markets, and banking operations.
Familiarity with African financial markets and regulatory frameworks.
Knowledge of AML/CFT regulations and sanctions screening procedures.

Skills:

Advanced proficiency in Microsoft Excel or Google Sheets for data analysis and reporting.
Experience with treasury management systems or enterprise resource planning (ERP) software is a plus.
Strong analytical and problem-solving skills.
Excellent attention to detail and accuracy.
Effective communication and interpersonal skills.
Ability to work independently and as part of a team.
Proactive, results-oriented, and adaptable to change.