Fund Management Specialist at Palmpay Limited

PALMPAY is a Pan-African fintech company currently operating in Nigeria, Ghana and Kenya and expanding to other markets in 2022. We’re reinventing the payments experience by making it easy and reliable for everyone to transfer money, pay bills and shop online.

We are recruiting to fill the position below:

Job Title: Fund Management Specialist

Location: Opebi, Ikeja - Lagos

Job Summary

• PalmPay is seeking a detail-oriented and proactive Fund Management Specialist to oversee daily treasury operations and ensure optimal liquidity across all payment channels.
• The ideal candidate will play a critical role in cash flow management, reconciliation, and financial risk control, ensuring seamless transaction processing and efficient fund utilisation across the business.

Key Responsibilities

• Monitor and manage the company’s cash position to ensure adequate funding across all products and payment channels for uninterrupted operations.
  Perform and supervise daily bank and wallet reconciliations, ensuring timely identification and resolution of discrepancies and outstanding items.
• Track and analyse cash flow forecasts, comparing expected settlement inflows and channel outflows against actual performance to improve forecast accuracy.
• Optimise liquidity management by ensuring proper fund allocation across channels while minimising idle cash and avoiding funding shortages.
• Evaluate cost of funds and implement strategies to reduce funding costs while maintaining operational efficiency.
• Monitor settlement cycles across products and payment channels, prioritising those with shorter cash conversion cycles to improve cash efficiency.
• Identify, assess, and mitigate financial risks including liquidity risk, settlement risk, and interest rate exposure.
• Collaborate with banking partners and payment service providers to resolve transaction issues and improve processing efficiency.
• Ensure compliance with regulatory requirements, internal controls, audit standards, and company policies.
• Maintain accurate records of financial instruments, including fixed deposits, call deposits, and other treasury placements.

Requirements

• Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
• 2 to 3 years of experience in Treasury, Fund Management, Financial Operations, or related roles, preferably within fintech or financial services.
• Strong knowledge of cash flow management, liquidity planning, and reconciliation processes.
• Experience working with payment systems, banking platforms, and financial tools.
• Proficiency in Microsoft Excel and financial analysis tools.
• Strong analytical skills with close attention to detail.
• Excellent communication and stakeholder management skills.
• Ability to work in a fast-paced, high-growth environment.

Preferred Skills:

• Experience in fintech, digital payments, or mobile money operations.
• Knowledge of Nigerian financial regulations and payment ecosystem.
• Familiarity with treasury management systems and automation tools.

Key Competencies:

• Treasury Operations
• Cash Flow Management
• Liquidity Management
• Financial Reconciliation
• Risk Management
• Financial Analysis
• Stakeholder Management
• Compliance & Internal Controls.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online