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Cellulant is a digital payments business. We run an ecosystem of consumers, merchants and banks in which we facilitate payments and build value through the value-added services we layer on top. In building this ecosystem we serve different types of customers with different products, in a range that includes mobile banking products, mobile credit products, US...
Role Overview:
As Principal : Treasury Operations, you will oversee daily back-office treasury operations across multiple African regions with diverse economic and regulatory environments. You will ensure smooth and timely execution of all treasury-related activities, linking back-office operations with regional teams and external financial institutions.
What You'll do:
Settlement Management & Reconciliation
- Liaise with Merchants Operations team to obtain daily settlement amounts, ensuring all transactions are accurately recorded and processed on time.
- Upload manual settlements as per settlement files, verify transactions, and ensure bank charges are correctly applied.
- Ensure timely liquidation and reconciliation of funds from alternative payment methods, mobile money platforms, and aggregators.
- Support settlements across the group, coordinating with internal teams and external financial institutions to ensure accurate merchant transaction settlement.
Liquidity & Cash Flow Management
- Update and maintain daily cash position files, ensuring all cash balances and outstanding settlements are accurately captured.
- Monitor and manage daily liquidity requirements to ensure sufficient funds for operations and merchant settlements across multiple regions.
- Assist in developing and maintaining merchant liquidity forecasts to meet obligations.
- Execute operational foreign exchange transactions required for settlements and liquidity management.
- Optimize cash flow management, ensuring efficient use of funds without holding excessive idle cash.
- Prepare reports supporting cash flow forecasting and financial planning.
Treasury Operations & Execution
- Manage back-office treasury functions, including fund transfers, bank account management, and transaction reconciliation.
- Implement and maintain processes to ensure accuracy and compliance in treasury operations.
- Implement and maintain processes to ensure accuracy and compliance in treasury activities, including participating in operational automation projects (e.g., settlements, reconciliations, and fund transfers)
Banking & External Stakeholder Management
- Act as the primary contact for banking partners, engaging daily to resolve treasury-related operational issues and maintain seamless financial operations.
- Assist in updating and maintaining bank mandates within the region, ensuring all authorizations align with regulatory and internal compliance requirements.
Governance, Compliance & Risk Management
- Ensure compliance with financial policies, identify potential risks, and propose mitigation strategies to strengthen treasury controls.
- Oversee documentation and adherence to internal policies and external regulatory requirements.
Reporting & Financial Analysis
- Analyze and report key treasury metrics to the Head of Treasury Operations.
- Prepare and review treasury reports, including liquidity positions, foreign exchange exposures, and settlement progress.
- Maintain accurate records of client interactions and transactions for audit and compliance purposes.
Process Improvement & Automation
- Participate in treasury-wide process improvement and automation initiatives to enhance efficiency, accuracy, and overall operational effectiveness.
Regional & Cross-Functional Collaboration
- Collaborate with regional teams to understand local financial regulations and ensure seamless cross-border fund transfers and settlements.
- Foster collaboration between back-office treasury teams and other departments as needed.
Team Support & Development
- Provide support and mentorship to treasury analysts and other staff, helping them develop their skills and ensuring accuracy and efficiency in their work.
What we are looking for:
- Education: Bachelor’s degree in finance, Accounting, Economics, or a related field.
- Knowledge of banking, treasury and payments products and processes.
- Experience: 7-10 years of hands-on experience in treasury operations, back-office processing, or a related field preferably within the fintech industry.
- Strong understanding of treasury functions, financial markets, and banking operations.
- Familiarity with African financial markets and regulatory frameworks.
- Thorough knowledge of African currency markets and regulatory frameworks.
- Strong communication skills and an ability to build and leverage cross-functional relationships.
- Strong knowledge of finance and accounting principles within a multi-currency, multi-subsidiary environment.
- Advanced proficiency in Microsoft Excel or Google Sheets for data analysis and reporting.
- Experience with Treasury Management Systems (Kyriba) 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.
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