Treasurer, Flutterwave
More information about location
Office located in City of London
Online & offline payment platform for African businesses
Be an early applicant
Online & offline payment platform for African businesses
501-1000 employees
Be an early applicant
More information about location
Office located in City of London
501-1000 employees
Company mission
Flutterwave's mission is to power a new wave of prosperity across Africa. By enabling global digital payments on a continent that has been largely cut off from the digital economy, it is creating the infrastructure to power Africa's growth in the 21st century.
Role
Who you are
- This role requires a strong understanding of financial markets, significant leadership experience, and the ability to build and maintain relationships with key stakeholders
- Bachelor's degree in Finance, Economics, or a related field; Master's degree or relevant professional certifications (e.g., ACT, ACA, CFA, FRM, CTP) preferred
- Minimum of 12 years of experience in treasury or financial management, with a developed network of financial partners
- Experience & understanding of international payments, banking systems, Crypto and Defi workflow platforms
- Good understanding of emerging markets and G10 financial operations and local regulations
- Advanced proficiency in Excel, SQL, and relevant treasury tools
- Experience or familiarity with all or some of Emerging Markets, FX, and remittances
- Excellent financial analytical, strategic planning and execution skills
- Strong leadership and team management abilities
- Ability to manage multiple priorities and meet set deadlines
- Excellent interpersonal, presentation, and communication skills
- Work goal-oriented and able to work under minimal supervision
- High sense of responsibility, accountability, integrity, and ethical standards
- Authorization to work in the country without sponsorship
- Ability to work in a fast-paced and dynamic environment
- Experience with relevant treasury platforms and financial software
- Experience in the African fintech space is a definite plus
What the job involves
- The Treasurer will develop and execute Flutterwave's treasury strategy, manage financial risk, and optimize capital and liquidity
- The Treasurer will play a crucial role in ensuring Flutterwave's financial stability and efficiency in the global financial landscape
- Collaborate with senior management to develop and implement a comprehensive treasury strategy aligned with Flutterwave's overall business objectives
- Lead the development and scaling of a treasury function, managing cash, investments, and liquidity across all major positions
- Identify and capitalize on market opportunities to maximize profitability and manage risk, in collaboration with senior management
- Work closely with the expansion team for banking partnerships and financial infrastructure
- Monitor and analyze global economic and financial market developments and their potential impact on treasury operations
- Establish and maintain robust financial risk management frameworks and policies (including FX, interest rate, and liquidity risks)
- Oversee the monitoring and management of financial exposure, including hedging strategies, to mitigate potential losses
- Develop and implement hedging strategies
- Support the implementation of a comprehensive risk management policy to cover financial and liquidity risks
- Ensure compliance with all relevant regulatory requirements and internal controls
- Oversee the execution of treasury transactions, ensuring efficiency and accuracy
- Manage relationships with banks, financial institutions, and other counterparties
- Optimize treasury processes and systems to enhance performance
- Analyze treasury performance and generate reports to improve profitability
- Structure treasury deals for large merchants, including servicing our concierge merchants
- Contribute to establishing pricing rules for remittance products and new products
- Support new bank onboarding and financial activities
- Ensure standard daily and periodic reporting and maintain process documentation for all relevant reports, including funding and liquidity metrics
- Develop and maintain pricing models to ensure competitiveness and profitability
- Analyze and report on treasury performance, identifying areas for improvement
- Support the CFO in capital planning, fundraising, and investment decisions
- Evaluate and recommend investment opportunities for excess cash in low-risk instruments
- Contribute to capital structure optimization and funding strategy (e.g. CP issuances, term loans, equity injections)
- Collaborate with internal stakeholders, including finance, product, and technology teams
- Build and maintain relationships with external stakeholders, including banks, regulators, and industry associations
- Present to senior management on treasury performance and strategy
- Establish strong working partnerships externally with key banking partners and internal stakeholders
- Ensure continuous and effective engagement of relevant stakeholders in achieving operational efficiency and financial growth
Salary benchmarks
Our take
As a continent, Africa has a fragmented payment system. Even though African countries had their own payment systems, none of these solutions could interoperate with each other and allow users to make and receive payments across international borders.
Flutterwave offers the solution, an Africa-wide payments infrastructure to connect all payment types in the continent and bring a single-use payment solution to any merchant or small business. It allows business owners to accept payments from customers anywhere.
In 2020, the company processed more than 80 million transactions (worth over $7 billion) across 17 African countries. When COVID-19 lockdowns hit brick-and-mortar businesses in Africa, Flutterwave was able to quickly set up digital storefronts for 20,000 users, in a free promotion they called “keeping the lights on”.
In 2021, Flutterwave collaborated with PayPal, allowing African merchants to accept payments across the continent from more than 300 million PayPal users. In 2023, its Engineering Mobility Program, in collaboration with Capgemini in Bangalore aims to nurture the next generation of Indian tech workers, indicating Flutterwave's widening market scope.
Steph
Company Specialist at Welcome to the Jungle
Insights
61% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Feb 2022
$250m
SERIES D
Mar 2021
$170m
SERIES C
Total funding: $475.3m
Company benefits
- Work from home opportunities
Company HQ
Fisherman's Wharf, San Francisco, CA
Leadership
Olugbenga Agboola
(Founder & CEO)After starting his career at PayPal, Olugbenga spent 4 years at Guaranty Trust Bank and another 5 at Standard Bank Nigeria. He used this experience to co-found Flutterwave in May 2016, serving since 2018 as CEO.
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