Treasury Manager Job at Klasha

Klasha is a technology company that builds cross-border commerce solutions for Africa. Klasha Business enables international merchants to accept payments from Africa using African payment methods and currencies, with payouts in hard currencies. B2B African merchants can also send money cross-border to different parts of the world in G20 and hard currencies. Klasha Personal allows consumers in Africa to shop and spend cross-border internationally through an app using African payment methods and currencies.

We are recruiting to fill the position below:

Job Position: Treasury Manager

Job Location: Lagos (Remote)
Job type: Full-time
Department: Finance

About the Role


  • Klasha is in search of a Treasury Manager who will be focused on honing and crafting Klasha’s Treasury strategy while being responsible for leading the creation and implementation of a robust treasury operations function.
  • As a Seed-stage startup, you will be comfortable wearing multiple hats, this position requires the ability to work independently, communicate complex concepts in concise terms, prioritise tasks, and work with various departments efficiently.

Job Description

  • Ensure Klasha has adequate cash resources to meet its daily operating requirements and take advantage of investment opportunities.
  • Invest Klasha's excess cash in short-term, low-risk financial instruments to maximize returns while preserving capital.
  • Prepare and distribute regular reports to stakeholders, including management, investors, and regulators.
  • Ensure that Klasha's treasury operations comply with local and international laws and regulations, including anti-money laundering (AML), and know your customer (KYC) requirements.
  • Monitor foreign exchange rates and manage Klasha's exposure to currency fluctuations through hedging strategies
  • Assess and manage risks associated with Klasha's treasury operations, including credit, market, and liquidity risks.
  • Develop and maintain treasury models to support Klasha's strategic decision-making and ensure the company's financial stability.
  • Oversee day-to-day treasury operations, including bank reconciliations, wire transfers, and cash deposits
  • Source, manage and maintain a roster of OTC/liquidity partners.
  • Assess and manage Klasha's capital needs, including raising capital through debt or equity offerings and managing the company's capital structure

Requirements

  • Bachelor's Degree in Accounting, Finance, or a related course
  • 5+ years of relevant professional experience, preferably in payments and/or fintech
  • Significant exposure to Treasury Management, FP&A and reconciliation
  • Deep domain understanding of the African and international payments ecosystems
  • Exposure to multiple currencies
  • Experience working globally
  • Automation savvy, with proficiency in analytics and wider tooling.
  • Ability to execute root cause analysis
  • Excellent verbal and written communication skills, with the ability to identify and defend data-driven recommendations.

Benefits

  • All the latest technology you need to for your role.
  • Private health insurance
  • Budget for French and Chinese language classes
  • Paid birthday day off
  • Team-building events
  • Paid parental leave.