Flutterwave was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses (African and International) make and receive payments in a convenient border-less manner.
We are recruiting to fill the position below:
Job Title: Treasurer, Africa
Location: Lekki, Lagos
Category: Finance
Job Description
The Treasurer, Africa will develop and execute Flutterwave's treasury strategy, manage financial risk, and optimize capital and liquidity.
This role requires a strong understanding of financial markets, significant leadership experience, and the ability to build and maintain relationships with key stakeholders.
The Treasurer will play a crucial role in ensuring Flutterwave's financial stability and efficiency in the global financial landscape.
Responsibilities
Strategy Development & Execution:
Collaborate with senior management to develop and implement a comprehensive treasury strategy aligned with Flutterwave's overall business objectives.
Lead the development and scaling of a treasury function, managing cash, investments, and liquidity across all major positions.
Identify and capitalize on market opportunities to maximize profitability and manage risk, in collaboration with senior management.
Work closely with the expansion team for banking partnerships and financial infrastructure.
Monitor and analyze global economic and financial market developments and their potential impact on treasury operations.
Financial Risk Management:
Establish and maintain robust financial risk management frameworks and policies (including FX, interest rate, and liquidity risks).
Oversee the monitoring and management of financial exposure, including hedging strategies, to mitigate potential losses.
Develop and implement hedging strategies.
Support the implementation of a comprehensive risk management policy to cover financial and liquidity risks.
Ensure compliance with all relevant regulatory requirements and internal controls.
Treasury Operations:
Oversee the execution of treasury transactions, ensuring efficiency and accuracy.
Manage relationships with banks, financial institutions, and other counterparties.
Optimize treasury processes and systems to enhance performance.
Analyze treasury performance and generate reports to improve profitability.
Structure treasury deals for large merchants, including servicing our concierge merchants.
Contribute to establishing pricing rules for remittance products and new products.
Support new bank onboarding and financial activities.
Ensure standard daily and periodic reporting and maintain process documentation for all relevant reports, including funding and liquidity metrics.
Capital & Liquidity Optimization:
Develop and maintain pricing models to ensure competitiveness and profitability.
Analyze and report on treasury performance, identifying areas for improvement.
Support the CFO in capital planning, fundraising, and investment decisions.
Evaluate and recommend investment opportunities for excess cash in low-risk instruments.
Contribute to capital structure optimization and funding strategy (e.g. CP issuances, term loans, equity injections)
Stakeholder Management:
Collaborate with internal stakeholders, including finance, product, and technology teams.
Build and maintain relationships with external stakeholders, including banks, regulators, and industry associations.
Present to senior management on treasury performance and strategy.
Establish strong working partnerships externally with key banking partners and internal stakeholders.
Ensure continuous and effective engagement of relevant stakeholders in achieving operational efficiency and financial growth.
Qualifications
Bachelor's Degree in Finance, Economics, or a related field; Master's degree or relevant professional certifications (e.g., ACT, ACA, CFA, FRM, CTP) preferred.
Minimum of 12 years of experience in treasury or financial management, with a developed network of financial partners.
Experience & understanding of international payments, banking systems, Crypto and Defi workflow platforms.
Good understanding of emerging markets and G10 financial operations and local regulations.
Advanced proficiency in Excel, SQL, and relevant treasury tools.
Experience or familiarity with all or some of Emerging Markets, FX, and remittances.
Excellent financial analytical, strategic planning and execution skills.
Strong leadership and team management abilities.
Ability to manage multiple priorities and meet set deadlines.
Excellent interpersonal, presentation, and communication skills.
Work goal-oriented and able to work under minimal supervision.
High sense of responsibility, accountability, integrity, and ethical standards.
Authorization to work in the country without sponsorship.
Ability to work in a fast-paced and dynamic environment.
Experience with relevant treasury platforms and financial software.
Experience in the African fintech space is a definite plus.