Head of Treasury, Papaya Global
Global workforce management and payroll platform
Be an early applicant
Global workforce management and payroll platform
501-1000 employees
Be an early applicant
501-1000 employees
Company mission
Papaya's mission is to automate companies' global payroll and accelerate success.
Role
Who you are
- Experienced (7-10+ years) treasury professional, with a solid track record and relevant Treasury and/or Accounting qualifications (CIMA/ACCA/ACA/AMCT/MCT etc)
- International treasury management experience in either a regulated financial services (banking / payments/ e-money) or complex multinational environment (multi entity/ multi currency/ multi bank high transactional flow environment)
- Experience and knowledge of global payments, risk and working capital management
- Strong communicator with good stakeholder management skills
- Able to translate technical expertise into solutions and process guidance to implement improvements or address user issues
- Experienced in data analysis, forecasting and reporting
- Pro-active self-starter. Demonstrates a strong sense of urgency and responsiveness
What the job involves
- We are looking for a Head of Treasury who will work strategically across all business units
- You will help to create opportunities to drive the business forward by leveraging Treasury expertise and provide accurate cashflow forecasts and analysis
- Develop new treasury system for Papaya payments based on JP and Citi Bank integrations
- Operational management of the team and processes
- Analysis and reporting on liquidity, risk, forecasts, regulatory
- Lead strategic initiatives to implement an appropriate Treasury Management system
- Manage financial risks (FX, interest rate, hedging (Economical and Accounting), credit, liquidity etc
- Develop a system of reporting and KPIs, focused on efficiency of working capital and risk management
- Building out the framework required to effectively measure,
- Monitoring, and managing the Interest Rate Risk in the Banking Book and other banking book exposures such as Foreign Exchange (FX)
- Analysing the drivers that can help stabilise future earnings
- Work on the design and implementation of a new treasury processes and systems in line with best practice, pushing the business towards a strategic end goal of real time liquidity management
- Work closely with product, compliance, and engineering functions
- Manage the efficiencies of the group liquidity requirements
- Ensure accurate and timely treasury reporting to senior stakeholders
- Ensure all regulatory liquidity reporting is accurate and completed to deadlines
- Develop and enhance liquidity stress tests whilst collaborating closely with the Group’s risk department to ensure all regulatory risk documents are sufficiently robust
- Take responsibility for the daily operations of the Treasury function
- Manage liquidity, cash flow (Forecast, actual (direct)), and working capital through effective cashflow forecasting
- Collaborate with Group FP&A team to provide insights on treasury performance to support management reporting, budgeting and forecasting processes
- Take part in the Group banking relationships and ensure effective capital structures and loan facilities are in place as appropriate
- Have the ability to lead and contribute inputs to strategic treasury projects
- Contribute to senior finance management discussions and projects as and when required
- Manage recurring treasury responsibilities including global cash management, cash forecasting, bank relationship management
- Ensure segregation of duties among related processes and maintain effective internal controls surrounding global treasury practices
Our take
Papaya Global provides remote HR services such as cloud-based payroll and job boards to help support companies with international workforces. The company also uses its cloud-based technology to provide solutions to the complexity of international financial compliance and workplace regulations.
Remote working opportunities have resulted in many workforces becoming globalized, with companies hiring staff outside of their home country. This results in complex challenges regarding human resource infrastructure. Papaya Global offers a single service that allows companies to consolidate and streamline payroll and keep track of their global employees.
The unicorn company has seen considerable success, as its flexible and scalable, platform grew massively as the industry saw an increased demand for remote workforce management services. Its partnership with Mesh Payments completely eliminates the need for employees to cover their business expenses upfront and its acquisition of Azimo, has enabled Papaya to expand its platform globally and further expand the services it provides (such as its recently launched its fully automated, embedded payments platform, Papaya Global Payroll Payments.)
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
45% female employees
2% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Sep 2021
$250m
SERIES D
Mar 2021
$100m
SERIES C
Total funding: $439.5m
Company benefits
- Paternity / Maternity Leave - 10 fully paid days
- Birthday Off and a $75 gift
- Second language courses paid for
- $7,000 bonus after three full years at the company
- 20 days PTO
- Gym on-site or $550 annual reimbursement for gym membership / other fitness activities
- Monthly allowance for meal vouchers
- Mac or PC
- Yearly budget per region for local community impact initiatives
- $75 per month for remote work allowances
- $500 budget for online courses, classes, seminars, or other developmental activities
- Annual company offsite
Company values
- Empowering our employees
- Work as a team
- Think fast and act fast
- Diversity
Company HQ
Theater District, New York, NY
Articles
Leadership
Eynat Guez
(CEO)Previous experience as an HR & Operations Manager at LR GROUP, and Project Manager at Cellcom Guinée. Became CEO of Relocation Source for 7 years, and then was CEO of Expert Source.
Ofer Herman
(CTO)Previous Senior Director of Engineering at Phoenix Technologies, and VP of Research & Development at GooMe Interactive. Co-founded Vidmind as the VP of R&D and became CTO after 3 years.
Ruben Drong
(Chief Innovation Officer)Co-founded AASL, and then co-founded and was CEO of MRD-IT solutions and SafelyGuard.
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