Treasury Officer at Thunes

Context of the role

• The Treasury team is responsible for all aspects of International Cash & Liquidity Management, Cashflow forecasting, Working Capital management and Foreign Exchange. The Treasury department is a friendly team-based environment that values interaction and exchange of ideas and knowledge.
• The Treasury Officer role is based in the Nairobi office, reporting to the Treasury Manager in Nairobi, and working closely with the rest of the team in Singapore, Beijing, Barcelona, Athens, Nairobi and Ecuador.

Position, purpose & key responsibilities

Liquidity Management and Settlements

• Perform daily forecasting of volumes expected to be processed by all pay out partners globally using the Forecasting System.
• Generate the daily list of funding wires and FX conversions required; prepare and release all wires and execute FX conversions with banks, network partners and liquidity providers.
• Monitor all network funding flows and confirm credit of funds by the network partners.
• Assist clients with any issues related to incoming client prefunding flows.
• Manage working capital allocated to Treasury and monitor and report on working capital usage to senior management.
• Work with the Product and Treasury development teams to enhance existing Treasury systems (forecasting, safeguarding, etc.).
• Conduct daily safeguarding procedures for all Thunes operating entities.

FX Settlement and Monitoring

• Manage FX execution flow with pay out partners, including G10 and EM currencies and crosses. Confirm credit of funds at the payout point, and book and confirm executed deals.
• Monitor pay out partner FX costs to assure adherence to pricing agreements.

Experience & technical skills required

• The candidate will have 5+ years of experience in a Treasury role at a corporate or financial services firm with cross-border payments experience.
• Proficiency with online Banking platforms, a Treasury Management System (optional), and payment systems, including SWIFT, SEPA, GIRO, RTGS, etc.
• Working knowledge of foreign exchange markets, including cross-currency rates, trading concepts (no trading experience required), fundamental FX margin mathematics, and FX as it relates to cash and liquidity management.
• Exposure to the concepts of safeguarding, forecasting, and reconciliations.
• Advanced Excel skills (macros, VLOOKUP, pivot tables, etc.).

About you

• You possess a strong understanding of cash management and foreign exchange as it relates to a payments business.
• You are highly motivated with excellent analytical and problem-solving skills.
• You can thrive in a fast-paced multi-cultural fintech environment.
• You are a team player who can collaborate effectively across different teams and with external partners.
• You have excellent communication skills, a curious mindset, and an innovative approach to challenges.
• You thrive in a fast-paced, multicultural fintech environment.