Treasury Accountant at Flexi-Personnel

JOB PURPOSE

The Treasury Accountant will be responsible for overseeing the management of the company's cash flow, ensuring timely and accurate execution of transactions, monitoring liquidity (at Financial Institutions that handle our payouts and collections), reconciliation management, segregation of client funds and implementing treasury policies and procedures. This role requires in-depth knowledge of treasury operations and financial reporting within the highly regulated FinTech industry.

DUTIES AND RESPONSIBILITIES

• Reconcile daily payment gateway reports with company ledgers to ensure accuracy in financial reporting and set up reconciliation procedures where lacking or inadequate.
• Ensure strict segregation of client funds from company funds.
• Manage daily cash balances and ensure sufficient liquidity at over 100 accounts (with banks, mobile money companies, etc.) to meet operational needs.
• Oversee the processing of inbound and outbound payments, ensuring timely execution and resolution of any issues.
• Forecast cash flows to ensure optimal cash utilization and funding requirements.
• Monitor accounts to ensure adequate funding of payment settlements and payouts.
• Liaise with financial institutions for setting up new bank accounts, reviewing banking fees, and optimizing banking services.
• Implement internal controls over treasury activities to minimize the risk of fraud, errors, or mismanagement.
• Manage the company’s exposure to foreign exchange fluctuations and identify treasury-related risks (e.g., foreign exchange, interest rates) and propose strategies to mitigate these risks.
• Prepare monthly and quarterly treasury reports, including cash flow forecasts, FX exposures, and liquidity positions.
• Work closely with Technology to integrate platforms with financial systems for real-time visibility of cash positions.
• Develop and maintain treasury policies and procedures, ensuring they align with company goals and industry best practices.
• Continuously seek opportunities to improve processes, reduce costs, and enhance the efficiency of treasury functions.
• Collaborate with the wider finance team to ensure accurate financial data for budget forecasts, variance analysis, and strategic planning.
• Assist in auditing activities by providing necessary information and preparing requested documentation.
• Ensure the credibility of the accounts of the company in accordance with the regulatory standards.
• Provide input on monthly CBK reporting.
• Review management accounts and ensure all the treasury related accounting entries are accurate.
• Any other duty assigned from time to time by the supervisor.

EDUCATION QUALIFICATION, EXPERIENCE, AND SKILLS

• At least 8-10 years of experience in treasury with a minimum of 3 years’ experience in the FinTech industry, cash management, or a related financial role, preferably in the FinTech or Financial Services industry.
• Experience with payment systems, gateways, and settlement processes in the FinTech space is a major plus.
• Bachelor's degree in a relevant field.
• Exceptional computer skills, including Microsoft Office and databases.
• Expertise working with XERO, Sage or similar accounting platform.
• Consistent, accurate, and thorough with an eye for details.
• Good communication skills, written and verbal.
• Must possess a valid CRB Certificate or Report from a recognized Credit Reference institution.

KEY COMPETENCIES

• Strong analytical and problem-solving skills with attention to detail.
• High level of integrity and ethics, particularly regarding handling sensitive financial information.
• Disciplined
• Ability to work in a fast-paced environment with tight deadlines and competing priorities.
• Ability to identify, mentor and grow the leadership potential of members in a team(s).
• Ability to work well with other team members across cultures.
• Time management- must adhere to strict deadlines for reporting, filing and auditing financial reports.