Wednesday 20 October 2021

Treasury Analyst at MFS Africa

MFS Africa is a pan-African fintech company that develops innovative value added services for mobile wallets. The company works in close partnership with mobile network operators and financial institutions to bring simple and relevant financial services to un- and under-banked customers.

Job Summary

MFS Africa is the leading digital payments hub in Africa, enabling low-cost payments across the continent. The company works in close partnership with mobile network operators and financial institutions to bring simple and relevant payment services to unbanked people. MFS Africa connects over 320 million mobile money users across sub-Saharan Africa through its platform – the MFS Hub. As a B2B company, we enable cross-border payment for mobile money operators, banks, money transfer operators, large corporate and a growing number of SMEs. Our recent partnership with Visa will soon allow us to connect the MFS Hub to Visa.net, effectively connecting African consumers and businesses to the global digital economy. As a technology fintech company, we strive to automate everything we do and run world-class back-office operations spread between Johannesburg, Port-Louis, Accra, Kampala, and Nairobi. We also have a compliance team in Johannesburg, London and Port-Louis and are regulated by the FSC in Mauritius and the FCA in the UK.

The Role

We seek a dynamic and motivated finance professional to join the Group Treasury team at MFS Africa. The Treasury Analyst will focus principally on anticipating working capital requirements across Beyonic wallets and ensuring fund receipts are recorded timeously and accurately in the in-house platform and the firm’s books and records. You will report into the Head of FX & Float Management who is based in London. This position will ideally be based in Nairobi, Kampala, or Johannesburg and will be a contract position for six (6) month contract position.

The duties and responsibilities of the role will be as follows:

  1. Develop and maintain strong relationships with all banking and financial service providers
  2. Ensure all cash and bank transactions are recorded and reconciled accurately and timeously
  3. Monitor working capital requirements across all Beyonic wallets and recommend appropriate action to ensure no outages
  4. Assist with the execution, implementation and recording of float management decisions
  5. Review bank accounts and record funds receipts in line with SLA requirements
  6. Regular ad hoc reporting
  7. Maintain, develop, and enhance processes, procedures, and policies to ensure an effective treasury environment

Requirements

Skills and Competencies

  1. Demonstrated organization and time management skills
  2. Strong analytical and problem-solving skills
  3. Achievement orientated and results driven
  4. Ability to handle multiple priorities in a dynamic environment with limited supervision
  5. Ability to communicate effectively to both internal and external stakeholders at all levels
  6. Demonstrated ability to work independently
  7. High attention to detail
  8. Proficient in MS Office Suite, particularly Excel

Qualifications and Experience

  1. Relevant degree or professional qualification in accounting or finance
  2. Newly qualified individuals with a minimum of 2 years post qualification experience

Benefits

  1. We have a very diverse work environment with over 28+ nationalities represented and continually strive to build a culture of caring and execution
  2. We operate a flexible remote working policy
  3. We offer a competitive salary package and bonuses
  4. We prioritize the overall well being of our staff through various initiatives aimed at ensuring they reach their full potential in a supportive environment
  5. We solve relevant problems for Africa and the world in hope of continuing to make an impact on the millions, if not billions, of users who also believe in what we do
  6. We work at the very cutting edge of fin-tech in Africa

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