Head of Treasury Africa

Recruitment Matters; South Africa; On-site; ZAR 1 200 000 - 1 800 000; Full time

Job summary

A leading recruitment agency seeks a Head of Treasury to provide strategic oversight of treasury operations across multiple African markets. The role involves optimizing liquidity, managing banking relationships, and ensuring compliance with regulatory requirements. The ideal candidate will have over 10 years of experience in treasury or banking, including senior leadership roles, along with strong skills in financial analysis and stakeholder management.

Qualifications

• 10+ years' progressive experience in treasury or banking, including senior leadership.
• Strong understanding of multi-country financial frameworks and banking operations.
• Exceptional stakeholder-management skills and integrity.

Responsibilities

• Lead treasury strategy for multiple African markets with optimal liquidity management.
• Manage relationships with banks and negotiate favourable terms.
• Oversee compliance with regulatory frameworks across countries.

Skills

10+ years' experience in treasury, banking, financial services, or NBFCs

Deep domain expertise in treasury operations

Strong understanding of fundraising structures

Advanced proficiency in MS Excel and financial modelling

Exceptional communication and negotiation skills

Education

MBA (Finance) or equivalent senior finance qualification

Certification in Power BI or advanced analytics tools

Tools

MS Excel

Power BI

Job description

The Head of Treasury will provide strategic leadership and oversight of all treasury operations across multiple African markets. This role is accountable for optimizing liquidity, ensuring financial stability, managing banking relationships, and driving compliance with funder and regulatory requirements. The incumbent will lead end-to-end fundraising activities, oversee cash management, and guide the development of robust treasury systems, processes, and reporting frameworks. This is a senior leadership position requiring deep financial expertise, exceptional stakeholder management, and the ability to operate in a complex, multi-country environment.

Key Responsibilities

Strategic Treasury Leadership

• Formulate and execute the organization's treasury strategy across African countries, ensuring optimal liquidity, funding, and cash flow management.
• Lead end-to-end fundraising processes, including structuring, negotiations, due-diligence facilitation, receivable data submission, legal documentation review, and security perfection.
• Oversee long-term funding plans, capital allocation, and financial risk-management initiatives.
• Ensure full compliance with funder covenants, regulatory expectations, and internal governance frameworks.

Cash Flow, Collections & Liquidity Management

• Provide high-level oversight of real-time cash flow tracking, collections, and liquidity planning across all operating entities.
• Partner with country finance heads, accountants, and collection teams to ensure accurate forecasting, reconciliations, and reporting.
• Mitigate liquidity risks by establishing early-warning indicators and developing contingency funding plans.

Banking, Funding & Stakeholder Management

• Manage and strengthen relationships with banks, funders, investors, legal partners, and internal leadership.
• Oversee the submission of complex financial, operational, and collateral documentation to banks and lenders.
• Negotiate favourable terms for funding, banking services, and treasury-related products.

Regulatory, Compliance & Governance

• Review and approve regulatory submissions, including collection certificates, management representation letters, and treasury compliance reports.
• Ensure adherence to all treasury-related regulatory frameworks across countries, including cross-border requirements.

Reporting, Analytics & Business Insights

• Drive the development of advanced treasury dashboards, MIS reports, and liquidity analytics using BI tools.
• Present treasury performance, risk exposures, and funding updates to senior leadership and the board.
• Contribute to management presentations, strategic planning initiatives, and cross-functional business projects.

Operational Excellence & Team Leadership

• Build, mentor, and lead a high-performing treasury team across regions.
• Implement robust treasury controls, SOPs, and digital tools to strengthen efficiency and accuracy.
• Oversee resolution of queries from corporate teams, auditors, funders, and third parties.

Educational Qualifications

• MBA (Finance), Chartered Accountant (CA), or equivalent senior finance qualification.
• Certification in Power BI or advanced analytics tools is mandatory.

Required Skills & Competencies

• 10+ years' progressive experience in treasury, banking, financial services, or NBFCs, with at least 3-5 years in a senior leadership role.
• Deep domain expertise in treasury operations, liquidity management, and financial instruments.
• Strong understanding of fundraising structures, banking operations, and multi-country financial frameworks.
• Advanced proficiency in MS Excel, financial modelling, BI tools (Power BI), and treasury/accounting software.
• Exceptional communication, negotiation, and stakeholder-management skills.
• High integrity, strong decision-making ability, and the capacity to operate independently in a fast-paced environment.