Treasurer

Posted on March 25th, 2021 | 34 days left to apply | 24 views

Our mission

We're making Africa the first cashless continent.

In 2017, nearly 60% of adults in sub-Saharan Africa had no bank account. That's for good reason—the fees are too high, the closest branch can be miles away, and nobody takes cards. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash.

We're solving this problem by building financial services that just work: no account fees, instantly available, and accepted everywhere. In places where electricity, water and roads don't always work, you can still send money with Wave. In November 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments. In August 2019, we expanded to Cote d'Ivoire. Now, we're enabling millions of payments a month and expanding across the continent. And that's where you come in...

How you'll help us achieve it

This role:

  • Oversees daily management of cash and debt.
  • Oversees cash flow short and long-term forecasting
  • Manages and negotiates bank treasury operations relationships, including establishing new credit lines
  • Manages financial risk as it relates to treasury operations.
  • Develops and implements cash management operational strategies including reducing amount of money trapped in the mobile money system
  • Optimizes foreign exchange rates
  • Provides detailed cash flow projections.
  • Assists in the development of bank relationships.
  • Manages investment of excess funds.
  • Ensures proper controls are in place for regulatory requirements
  • Assists with insurance coverages, real estate management or specialized financing as needed.
  • Manage tax preparations and filings

Key details

  • Location: You'll work from our office in Dakar.
  • You must have work authorization in Senegal.
  • This is a permanent position.

Requirements

  • 7+ years working in highly cash intensive treasury operations in WAEMU
  • Experience at large financial institutions in WAEMU managing digital payments and physical cash distribution
  • Deep banking relationships in WAEMU region
  • Bachelor’s degree in accounting, business, finance or management required
  • Excellent English communication skills
  • MBA or advanced degree in business, finance or management preferred
  • Certified Treasury Professional or similar designation preferred
  • Chartered Accountant preferred
  • FP&A certification preferred

Our team

  • We're a team of 300+ Senegalese, 100+ Ivorian and 60+ remote people who are deeply passionate about our mission of bringing great financial services to the people who need them most.
  • We foster autonomy for our employees. You'll learn to own your own projects at every stage, from understanding the problem to monitoring your solution in production.
  • We’re backed by world-class investors including Khosla Ventures, Founders Fund, Y Combinator, and the cofounders of PayPal.
Since 2014, our Sendwave app has allowed Africans in the US, the UK, Canada, Italy, Spain and France to send money instantly to mobile money wallets in six countries in Africa, saving our users over 70% relative to Western Union and MoneyGram. In 2016, we expanded our scope and began building Wave, a mobile money product for domestic markets in Africa. The problem: In 2017, nearly 60% of adults in sub-Saharan Africa had no bank account. That's for good reason — the fees are too high, the closest branch can be miles away, and most merchants only accept cash. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash. How we're solving it: We're building financial services to work as they should: no account fees, instantly available and accepted everywhere. In places where electricity, water and roads don't always function, we're creating financial infrastructure that "just works."​ In fall 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments and in July 2019, we launched in Cote d'Ivoire. Our goal is to make Africa the first cashless continent
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