Senior Manager: Treasury Operations at Cellulant Group

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.