Klasha makes it easy for African consumers to shop online. We build technology that allows African consumers to easily access the goods they want on the continent. We enable payments online in local African currencies and can handle the last-mile logistics for our retail partners too. Statistically, Africa is the future, so we believe consumers on the continent should have the same frictionless access to the global e-commerce economy as consumers in the West.

Klasha was founded in Lagos, Nigeria in 2018 and is backed by Techstars, Ginco Investments and a group of notable angel investors. Klasha is run by 20-somethings from five nationalities that speak six different languages between them. Klasha has offices in Johannesburg, South Africa and Lagos, Nigeria.

We are recruiting to fill the position below:

Job Title: Treasury Manager

Location: Lagos
Employment Type: Contractor

About the Role

• Klasha is in search of a Treasury Manager who will be focused on honing and crafting Klasha’s Treasury strategy while being responsible for leading the creation and implementation of a robust treasury operations function.
• As a Seed-stage startup, you will be comfortable wearing multiple hats, this position requires the ability to work independently, communicate complex concepts in concise terms, prioritise tasks, and work with various departments efficiently.

Job Description

• Ensure Klasha has adequate cash resources to meet its daily operating requirements and take advantage of investment opportunities.
• Invest Klasha's excess cash in short-term, low-risk financial instruments to maximize returns while preserving capital.
• Monitor foreign exchange rates and manage Klasha's exposure to currency fluctuations through hedging strategies
• Assess and manage risks associated with Klasha's treasury operations, including credit, market, and liquidity risks.
• Develop and maintain treasury models to support Klasha's strategic decision-making and ensure the company's financial stability.
• Prepare and distribute regular reports to stakeholders, including management, investors, and regulators.
• Ensure that Klasha's treasury operations comply with local and international laws and regulations, including anti-money laundering (AML), and know your customer (KYC) requirements.
• Oversee day-to-day treasury operations, including bank reconciliations, wire transfers, and cash deposits
• Source, manage and maintain a roster of OTC/liquidity partners.
• Assess and manage Klasha's capital needs, including raising capital through debt or equity offerings and managing the company's capital structure

Requirements

• Bachelor’s Degree in Accounting, Finance, or a related course
• 5+ years of relevant professional experience, preferably in payments and/or fintech
• Deep domain understanding of the African and international payments ecosystems
• Exposure to multiple currencies
• Significant exposure to Treasury Management, FP&A and reconciliation
• Experience working globally
• Automation savvy, with proficiency in analytics and wider tooling.
• Ability to execute root cause analysis
• Excellent verbal and written communication skills, with the ability to identify and defend data-driven recommendations.

Application Closing Date
Not Specified.