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.
- Bachelors 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
- 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 Mukurus 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
Should you be appointed in a remote/work from home role at Mukuru, it is your responsibility to ensure that you have uninterrupted internet connectivity and a work-like environment at your home location, in order to deliver your best in terms of performance, productivity and service to our customers.
If you do not receive any response after two weeks, please consider your application unsuccessful.
NB: ALL STAFF APPOINTMENTS WILL BE MADE WITH DUE CONSIDERATION OF THE COMPANYS DIVERSITY AND INCLUSION PLANS