Group Treasurer at African Guarantee Fund (AGF)

Position Summary

This role ensures optimal liquidity, maximizes investment returns, safeguards financial assets, and embeds efficiency through process automation. The ideal candidate will be highly skilled in liquidity and investment management, IFRS-compliant accounting, risk control, and advanced automation while upholding the highest standards of governance and compliance.

Major Duties and Responsibilities
Liquidity & Cash Flow Management

• Develop, implement, and maintain robust liquidity management strategies to meet operational and strategic needs.
• Prepare and maintain accurate short-term and long-term cash flow forecasts to optimize liquidity.
• Monitor all funds placed with financial institutions to ensure safety, timely maturities, and optimal returns.
• Conduct regular due diligence and creditworthiness reviews of banks and investment counterparties before placing funds.
• Track market developments and identify early warning signals to avoid exposure to potential defaults.
• Ensure all liquidity operations strictly comply with AGF’s treasury and investment policies to prevent misuse, wastage, or loss of funds.

Investment & Bond Portfolio Management

• Manage and optimize AGF’s investment portfolio within approved risk and policy parameters.
• Oversee bond portfolio accounting, valuation, and IFRS-compliant reporting.
• Identify market opportunities to enhance returns while safeguarding capital.
• Maintain strategic relationships with banks, investment managers, and other counterparties.

Treasury Governance & Reporting

• Prepare, analyse, and present high-quality reports to the Treasury Management Committee (TMC) and the Board of Directors.
• Maintain robust internal controls and governance for all treasury transactions.
• Ensure accurate and timely reconciliation of treasury records, including bank and investment statements.
• Maintain strong banking and investment partner relationships.
• Ensure robust internal controls and governance for all treasury activities.

Automation & Process Efficiency

• Enhance and optimize existing automation tools for liquidity forecasting, investment tracking, and treasury reporting, and develop additional solutions using Python and advanced Excel (VBA, Power Query) to improve accuracy, efficiency, and decision-making
• Drive process improvements to enhance speed, accuracy, and decision-making.
• Streamline reporting, data analytics, and forecasting processes to enhance decision-making.

Receivables & Collections Management

• Oversee and improve collections from receivables and tenants, ensuring timely settlements.
• Maintain accurate receivables records and implement effective follow-up strategies.

Cross-Functional Support

• Support the wider Finance team with financial analysis, budgeting, and strategic initiatives as required.

Desirable qualifications, skills, knowledge and experiences

• Bachelor’s degree in Finance, Accounting, Economics, or related field; Master’s degree preferred.
• At least 7 years of progressive experience in treasury or investment management, including
• 3+ years in a leadership role.
• Professional certification such as CFA, CPA, CTP, or equivalent highly desirable.
• Demonstrated expertise in liquidity management, investment strategy, and IFRS-compliant bond accounting.
• Strong proficiency in Python for automation and advanced Excel skills (including VBA, Power Query).
• Experience in the financial services sector is an advantage.
• Additional eligibility competences and desired Characteristics
• Strategic thinker with strong financial and business acumen.
• Exceptional analytical and quantitative skills with high attention to detail.
• Excellent communication and presentation abilities for senior management and Board-level reporting.
• Strong leadership and team collaboration skills.
• High ethical standards, integrity, and professionalism.