What are the responsibilities and job description for the Treasury Manager position at Paga?
Job Description
Job Description
Salary :
JOB DESCRIPTION : TREASURY MANAGER
Sector : Consumer Finance
Location : Lagos, Nigeria
Grade Level : Grade 11
Report to : CFO
Career Level : Min 7 years of work experience.
ABOUT PAGA
Paga is a licensed financial services company and a leading payments company in
Nigeria with a massive transformative purpose - to make it simple for one billion
people to access and use money. It was founded on the simple belief that the
ubiquity of mobile phones can be leveraged in building an ecosystem that enables
people to digitally send and receive money and creating simple financial access for
everyone.
ABOUT THE ROLE
We are seeking a highly skilled and detail-oriented Treasury Manager with specialized
expertise in Foreign Exchange (FX) management. The ideal candidate will be
responsible for overseeing the companys treasury activities, focusing on optimizing
cash flow, managing currency risks, and ensuring efficient and effective foreign
exchange operations. This role is pivotal in managing financial risks related to foreign
currencies and providing strategic recommendations to improve the companys
liquidity and capital structure.
KEY RESPONSIBILITIES
Develop and implement strategies to manage foreign exchange exposure
and mitigate currency risks.
Lead the design, execution, and monitoring of FX hedging strategies, ensuring
alignment with the companys financial goals.
Oversee cash flow forecasting, ensuring that sufficient funds are available to
meet ongoing operational and capital investment requirements.
Manage and optimize liquidity across global operations to ensure efficient use
of capital.
Maintain strong relationships with banks and financial institutions to secure
favorable FX rates and services.
Oversee the companys investment portfolio, ensuring optimal returns while
managing risk.
Ensure timely and accurate reporting of FX activities, treasury KPIs, and
compliance with regulatory requirements.
Monitor and execute cross-border payments and transfers, ensuring
competitive pricing and efficient settlements.
Collaborate with senior leadership to provide insights and recommendations
on financial markets, FX risks, and treasury operations.
KEY COMPETENCIES
FX Expertise : In-depth understanding of FX markets, currency derivatives,
hedging techniques, and risk management strategies.
Technical Skills : Proficiency in financial modeling, treasury management
systems (TMS), and Excel. Experience with FX trading platforms is highly
desirable.
Analytical Skills : Strong quantitative and analytical abilities to interpret
financial data and trends.
Communication : Excellent interpersonal and communication skills to work
effectively with internal teams and external partners.
Attention to Detail : High level of accuracy and attention to detail in managing
treasury functions and reporting.
Problem-Solving : Ability to assess complex financial situations and develop
strategic solutions.
Leadership : Strong leadership skills with the ability to mentor and manage a
small treasury team.
KNOWLEDGE AND SKILL REQUIREMENTS
Bachelors degree in finance, Economics, Accounting, or a related field. A
master's degree or relevant certification (e.g., CFA, CTP) is a plus.
Minimum of 3 years of experience in treasury management, with a strong focus
on FX.
Advanced computer software skills, including Excel, PowerPoint, and other
accounting packages
Must have completed the mandatory NYSC
We are an equal opportunity employer and value diversity and inclusion. We do not discriminate on grounds of colour, race, nationality, religion, age, ethnic origin, disability, gender, marital status, or sexual orientation in our employment practices.
