Group Treasury Manager at Mukuru

Duties And Responsibilities (Include but not limited to):

• Co-create and drive implementation of a comprehensive treasury management strategy that supports Mukuru's goals and objectives
• Conduct research on industry trends and best practices and ensure Mukuru's treasury management practices are in line with regulatory requirements and industry standards.
• Contribute to the development and implementation of policies and procedures to manage foreign currency exposure and interest rate risk.
• Ensure updated Treasury standard operating procedure documentation is in place and aligned to regulatory requirements.
• Establish and manage compliance controls for Treasury operations and ensure identified risks and audit findings are proactively managed.
• Analyse the functionality of the current systems and processes and consider whether fit for purpose.
• Oversee complex project roll-out of treasury management systems across the group and ensure adequate training is provided.
• Support the Head of Treasury in the development and implementation of financial models to support decision-making related to cash management, investments, and capital structure.
• Continuously review effectiveness of cashflow forecasting tools and provide guidance and support on initiatives to automate processes to optimise Group funds
• Support the Head of Treasury in the overall management of debt and credit facilities, supporting the negotiation of loan agreements and covenants.
• Build relationships with banks, investment banks, and other financial institutions to ensure Mukuru has access to the necessary financial services and products across all corridors.
• Build relationships with internal stakeholders, country managers, commercial and growth teams, and ManCo, to provide subject matter advise and partner effectively in complex expansion projects.
• Prepare financial analysis and calculations for new opportunities and treasury cost savings across the Group.
• Responsible for ensuring group entities have adequate working capital to meet daily, weekly, monthly, and quarterly cash flow needs.
• Second line review of remittance funding rolling cash flow forecast
• Management reporting on liquidity and cashflow position
• To provide Treasury support on projects and operations across the Group where Treasury representation is required.
• Oversee group intercompany payments in line with regulatory requirements of each country that Mukuru operates.
• Oversee annual KYC refreshers for existing banking and liquidity partners.

Key Requirements

• Bachelor’s degree or higher qualification in Finance (Essential)
• CA (SA) or ACT qualified (Essential)
• Completed articles in the banking fintech sector (Desirable)
• Experience in working with VAS products (Desirable)
• +5 years’ staff managerial experience (Essential)
• Experience in treasury management (Essential)
• Proficiency in treasury management systems and financial software (Desirable)
• Exchange control experience (Essential)
• Working in a multinational group/fintech space (Desirable)
• Strong Microsoft Office skills (Essential)
• Strong understanding of financial regulations and compliance requirements
• Aptitude for working with data and financial modelling skills
• Knowledge of accounting principles
• Proactive thinking but also willing to learn and work as part of a team.
• Good organisational skills – ability to manage multiple tasks at the same time.
• Commercial cash and debt facility management experience

Additional skills

• Open, transparent, and adaptable with previous mixed experience of blue-chip and high growth entrepreneurial organisations with the ability to implement best practice, drive change and thrive within less structured and fast-changing environments.
• Exceptional leader: high energy, results oriented, and knows how to influence people in a constructive manner, being capable of building and developing a high performing team.
• Shares a passion for Mukuru’s purpose and enjoys working in a fast-paced, informal but highly ambitious company.
• Hands-on self-starter, who knows what to do without being told, with a no-nonsense ‘get it done attitude’, quickly diagnosing issues, proposing and executing solutions in a short timeframe.
• Ability to work under pressure, commercial acumen, and capable of linking the role to shareholder value creation / profitability.
• Keen to be part of a multi-cultural organisation that is committed to excellence, inclusion, diversity, community development and the environment
• Ability to look for efficiencies and improvements in any process rather than just accept the status quo