Treasury Manager

Overview

This role safeguards cash across a multi-country footprint by owning daily cash positioning, liquidity forecasting, banking relationships, and foreign exchange management. The Treasury Manager ensures country offices are funded on time and donor funds are held and moved securely. As the organization scales, the role establishes treasury policies, payment controls, and signatory discipline.

Responsibilities

Cash positioning and liquidity management

• Monitor daily cash positions across headquarters and country office bank accounts.
• Execute inter-account and inter-company transfers to keep each entity adequately funded.
• Maintain short-term liquidity buffers aligned with payroll, program disbursement, and grant advance cycles.

Cash flow forecasting

• Build and maintain short- and long-term cash flow forecasts focused on liquidity (timing of cash in and out).
• Align liquidity planning with funding realities by using grant disbursement schedules maintained by the Grants Finance team and organizational forecasts from Financial Planning.
• Report forecast variances and emerging liquidity risks to the CFO with recommended actions.

Banking relationships and administration

• Manage banking relationships across operating countries, including account structures, mandates, and e-banking platforms.
• Administer bank signatory lists and approval matrices, keeping them current with staff changes.
• Lead the opening and closing of bank accounts and negotiate banking fees and service terms.
• Ensure banking operations comply with local regulations in each jurisdiction.

Foreign exchange management

• Monitor foreign exchange exposures arising from donor-currency inflows and local-currency spending.
• Oversee currency revaluations and report exchange gains and losses.
• Advise on hedging strategies (spot and forward transactions) and provide foreign exchange guidance to country finance teams.

Treasury policy, controls, and risk

• Develop and maintain treasury policy covering cash management, payments, foreign exchange, and investments.
• Strengthen payment controls, including segregation of duties, approval workflows, and fraud prevention measures.
• Support internal and external audits on treasury and cash controls.

Investment of reserves

• Invest idle cash and reserves in line with the Board-approved investment policy, prioritizing capital preservation and liquidity.
• Report investment performance and compliance to the CFO and the Finance and Audit Committee.

Requirements

• Bachelor’s degree in Finance, Accounting, Banking, or a related field.
• Minimum of five years’ experience in treasury or a related finance function within a multi-entity or multinational environment.
• Demonstrated experience in multi-currency cash management and foreign exchange.
• Experience with treasury management systems, SWIFT, and ERP platforms, with advanced Excel skills.
• Strong understanding of payment controls, banking operations, and cash-related internal controls.
• Excellent organizational skills and attention to detail, with discretion required for sensitive financial operations.
• Ability to work effectively across cultures and time zones.

Preferred Qualifications

• Professional treasury certification, such as CTP, AMCT, Chartered Treasurer, or equivalent.
• CPA or ACCA is also accepted.

Working Conditions

• Work arrangement: Remote.
• Regular collaboration with colleagues across Africa, Europe, and the United States.
• Occasional international travel to country offices, estimated at approximately 10%.

Physical Requirements

• Office-based role; not physically demanding.

Reporting

• No direct reports initially.
• Works through country Finance staff on cash management and banking matters; team structure will be reviewed as transaction volumes grow.

Application Guidelines

• Maximum two pages.
• Highlight relevant diplomas, degrees, and recognized certifications.
• Exclude personal information: photographs, gender, religion, marital status, number of dependants, and non-certified training.

Data Protection

Submitting an application consents to the collection, storage, and processing of personal data for evaluating qualifications for this position and managing the recruitment process. Applications and contact details may be retained for up to 3 years to consider candidates for similar opportunities that match qualifications and interests. Candidates may access, rectify, or delete personal information at any time by contacting the organization. If candidates prefer not to be contacted about future opportunities, they should indicate this during the application process or via the contact method provided in the application instructions.