The Treasurer is responsible for overseeing the end-to-end cash management, liquidity planning, financial risk management, and capital strategy within a FinTech (payments / employer-of-record / digital banking) environment. This leadership role requires a deep understanding of cross-border payment flows, diverse regulatory requirements across African markets, and the strategic financial frameworks employed by global payment networks (e.g., Visa, Mastercard).

KEY RELATIONSHIPS:

• Finance Department.
• Product.
• Operations.
• Legal/Compliance.

CORE RESPONSIBILITIES:

• Liquidity & Cash Management
  • Oversee daily cash positions across multiple bank accounts and payment channels.
  • Ensure funds availability for operational needs, settlement activities, and client payouts.
  • Implement best practices from global payment companies (Visa, Mastercard) for real-time tracking of transactions, float management, and optimizing payment settlement cycles.
• Banking & Payment Partnerships
  • Establish and maintain strong relationships with local and international banks, mobile money operators, and payment providers.
  • Negotiate and manage banking facilities, credit lines, and service-level agreements.
  • Align treasury operations with partner networks (e.g., Visa, Mastercard) and regional payment gateways (e.g., MFS Africa, InterSwitch).
• Risk Management & Compliance
  • Identify, measure, and manage financial risks (interest rate risk, foreign exchange risk, credit risk, etc.).
  • Develop hedging strategies (when applicable) to mitigate exposure in multi-currency environments common in African cross-border transactions.
  • Ensure compliance with local regulations, central bank reporting requirements, and global AML/KYC standards.
• Capital Strategy & Funding
  • Work with the executive team (CFO, CEO) to define and execute capital-raising strategies (equity, debt, or other instruments).
  • Optimise the capital structure in alignment with the company’s growth and regulatory requirements.
  • Provide treasury-related insights during fundraising, ensuring robust liquidity planning for scaling products and operations across African markets.
• Cash Flow Forecasting & Budgeting
  • Develop short- and long-term cash flow forecasts, integrating large-scale settlement flows from payment rails (Visa, Mastercard) and local African payment ecosystems.
  • Collaborate with finance, sales, and product teams to update forecasts based on transaction volume, new market entries, and macroeconomic factors.
  • Recommend adjustments to budgets and financial plans based on market volatility or currency fluctuations.
• Operational Efficiency & Technology
  • Leverage treasury management systems and FinTech tools for automation of cash management, reconciliation, and risk analytics.
  • Collaborate with product/technology teams to ensure seamless integration of treasury functions with customer-facing payment platforms.
  • Stay updated on emerging financial technologies (e.g., blockchain-based cross-border solutions) to enhance treasury efficiency and reduce transaction costs.
• Policy & Governance
  • Develop, implement, and continuously improve treasury policies, procedures, and controls in line with best-in-class standards (e.g., those used by Visa and Mastercard).
  • Present treasury reports, KPIs, and compliance updates to the board and executive committee.
  • Drive or support audit activities, ensuring robust internal controls and adherence to IFRS or local GAAP standards.
• Team Leadership & Stakeholder Management
  • Build and lead a high-performing treasury team, providing mentorship and clear development pathways.
  • Coordinate across departments (Finance, Product, Operations, Risk & Compliance) to align the treasury function with overall company strategy.
  • Partner with external stakeholders (investors, auditors, regulators) to represent the company’s treasury strategy and financial stability.

QUALIFICATIONS & EXPERIENCE:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field. A Master’s degree (MBA, MSc Finance) is preferred.
• ACT (Association of Corporate Treasurers), ACCA, CIMA, or CFA is advantageous.
• 8+ years of progressive experience in treasury, corporate finance, or a related function.
• Previous experience in a payments or FinTech environment is highly desirable.
• Familiarity with African banking regulations, cross-border settlements, and multi-currency liquidity management.

SKILLS:

• Advanced proficiency in Microsoft Excel or Google Sheets for data analysis and reporting.
• Strong knowledge of treasury management systems, payment gateways, and reconciliation tools.
• Proficiency in risk management (FX, interest rate, credit risk) and hedging strategies.
• Excellent communication and stakeholder management skills.
• Strong analytical and strategic mindset, with attention to detail.
• Ability to operate in a fast-paced, sometimes ambiguous environment typical of high-growth FinTechs.