Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
7 days ago

Additional Details

Job ID
153199
Job Views
27

Job Description






KEY RESPONSIBILITIES



Treasury Systems & Infrastructure




  • Lead the global deployment and optimisation of Flutterwave's Treasury Management System (TMS — Kyriba or equivalent), integrating all feasible bank feeds to achieve real-time visibility across every corridor and entity.

  • Build and maintain automated FX Blotters and a daily FX Sub-Ledger that delivers a three-way reconciled view (Blotter vs. Bank vs. ERP) to the Finance team by 10:00 AM WAT, every business day.

  • Develop a real-time "Cash in Transit" dashboard, creating a clear asset vs. liability bridge for operational planning and liquidity management.

  • Drive the treasury function from a manual, spreadsheet-based model to a fully automated, audit-ready architecture — reducing human error, improving close times, and providing the data quality that Finance and Operations require to make fast decisions.



Netting, Internalization & Margin Optimization




  • Design and operate a global Netting Engine that matches internal FX flows (NGN, KES, EGP, USD, GBP, and other key pairs), reducing Flutterwave's reliance on external Liquidity Providers (LPs) and capturing "Netting Alpha."

  • Drive internalization rates above 80% across the top 10 currency pairs as an initial target, with a stretch goal of 90%+ — directly lowering LP spread costs and improving Group margin.

  • Audit and eliminate hidden margin leaks, including third-party partner fees (e.g., Nuvei, Kublox) and cross-corridor subsidies, to ensure that no remittance corridor operates at a negative or unintended margin.

  • Develop an "Inventory Skew" pricing engine (Level 3 Pricing) that dynamically adjusts rates based on real-time inventory positions, generating measurable incremental margin from FX asymmetry.

  • Optimise the yield on idle corporate cash pools, targeting returns that outperform overnight benchmark rates by a minimum of 50 basis points.



 



Risk Management & Compliance




  • Establish and maintain Flutterwave's Global Liquidity & Settlement Policy, defining formal settlement gap limits, pre-funding thresholds, and NOP controls for every corridor.

  • Ensure that the Group's Net Open Position (NOP) remains within Board-approved risk limits on 99%+ of trading days, with automated alerts for any potential breach.

  • Develop and maintain robust FX revaluation and mark-to-market processes, targeting zero material audit adjustments on NOP balances and FX sub-ledger positions.

  • Support the implementation of interest rate risk and counterparty credit risk frameworks in collaboration with the CFO and Group Risk function.

  • Ensure full compliance with relevant regulatory requirements across all jurisdictions in which Flutterwave operates, including reporting obligations related to FX positions and cross-border settlements.



Data Architecture & Reporting




  • Serve as the primary provider of treasury data to the Finance team (Moronke) and Operations function (Lucia), ensuring that liquidity forecasts, corridor-level P&L, and NOP reports are accurate, timely, and actionable.

  • Achieve a forecast accuracy variance below 15% between Treasury's projected liquidity needs and actual cash usage, with a stretch target below 5%.

  • Design and maintain the FX revenue recognition framework, ensuring the Group has an accurate, corridor-level view of FX revenue, spread income, and net margin at all times.

  • Build the internal reporting infrastructure that allows the CFO and Executive team to monitor treasury performance without manual intervention — dashboards, exception reports, and scenario modelling tools.



 



Strategic Leadership & Collaboration




  • Partner with the Head of FX Sales & Bank Treasurer to translate front-office deal flow into accurate pricing inputs — providing the "logic layer" that tells the sales lead exactly how aggressively they can price while maintaining target margins.

  • Work closely with the Expansion and Product teams to support new corridor launches, banking partnership agreements, and treasury product development.

  • Present to the CFO, Board, and Audit Committee on treasury performance, risk exposures, system build-out progress, and margin optimisation outcomes.

  • Build and develop a high-performing treasury team, establishing clear roles, processes, and career pathways as the function scales.



QUALIFICATIONS & EXPERIENCE



Required




  • Minimum 10 years of experience in institutional treasury, fintech treasury architecture, or a closely related discipline, with clear evidence of systems-building and margin optimisation outcomes.

  • Demonstrable experience deploying or operating a Treasury Management System (Kyriba, FIS, or equivalent) in a multi-currency, multi-entity environment.

  • Deep technical expertise in FX accounting, automated blotter construction, Net Open Position management, and FX sub-ledger reconciliation.

  • A quantitative, data-driven mindset — comfortable working with raw transaction data, building financial models, and deriving unit economics from imperfect datasets.

  • Strong understanding of emerging market FX dynamics, remittance corridor economics, and global payment infrastructure.

  • Experience in developing and enforcing treasury policy frameworks, including liquidity management, settlement controls, and regulatory compliance.

  • Excellent communication skills, with the ability to translate complex treasury data into clear insights for non-treasury audiences including the CFO, Board, and Operations leadership.

  • Bachelor's degree in Finance, Mathematics, Economics, or a related field; Master's degree or professional certifications (e.g., CFA, FRM, CTP, ACT) strongly preferred.



Preferred




  • Prior experience at a high-growth African fintech or international payments business with significant emerging market FX exposure.

  • Familiarity with netting engine architecture, LP management, and dynamic FX pricing models.

  • Experience with SQL and data visualisation tools (e.g., Tableau, Power BI, Looker) to supplement TMS-based reporting.

  • Understanding of crypto and DeFi workflow platforms as they relate to cross-border treasury management.



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