ABOUT CELLULANT
Cellulant is a pioneering B2B payments technology company based in Africa that powers payment processing for thousands of businesses. Through a single, simple connection, our payment platform - Tingg - enables businesses to disburse funds and manage their offline or online collections while allowing their customers to pay via mobile money, local and international cards or direct bank payments.
With local acquiring in over 30 markets and supporting 300+ payment methods, Cellulant processes over 240 million transactions annually for market leaders in various sectors such as Airlines, Telecoms, E-commerce, Ride-Hailing, Retail and Remittances.
OUR STORY
Since our founding in 2003, Cellulant has evolved from a digital content provider into a leading payments platform with a presence in 35 African countries. For more than 20 years, we've built a robust network that integrates multiple payment methods, addressing the unique challenges of Africa’s diverse payment landscape.
We began selling ringtones as a digital content business and quickly realised the need for a more streamlined way to manage payments. This realisation led us to develop a platform that initially allowed customers to check their bank balances and eventually evolved into a comprehensive payment solution. Our journey has seen us partner with more than 1000 businesses, including some of the largest banks and mobile money providers on the continent.
Throughout the years, we've continuously adapted and grown, leveraging our experiences to simplify payments for businesses and consumers alike. Today, Cellulant powers online and offline payment processing allowing businesses to collect payments, send payouts, and accelerate business growth. We’re the payment fabric that makes interoperability possible and stitches Africa together for the global economy.
OUR VISION:
To enable seamless payments across Africa for businesses, banks and consumers.
Read more about us and our leadership team .
KEY RELATIONSHIPS AND STAKEHOLDERS:
• Treasury
• Finance
• Sales
• Operations
ROLE PURPOSE:
The role includes providing support for settlements across the group, managing daily cash positioning, executing foreign exchange transactions, and maintaining relationships with the bank to resolve day-to-day operational challenges related to treasury activities.
CORE RESPONSIBILITIES:
• Settlement Management: Liaise with the settlement and reconciliation team to obtain daily settlement amounts, ensuring all transactions are accurately recorded and processed on time.
• Cash Position Monitoring: Update the cash position file daily, ensuring all cash balances and outstanding settlements are accurately captured for better financial decision-making.
• Manual Settlements & Bank Charges: Upload manual settlements as per the settlement file, verify transactions, and ensure that bank charges are deducted correctly.
• Bank Relationship Management: Act as the primary contact for banking partners, engaging daily to resolve treasury-related operational issues and maintain seamless financial operations.
• Foreign Exchange Transactions: Execute FX transactions efficiently, ensuring competitive rates and minimizing currency exposure risks.
• Bank Mandates & Compliance: Assist in updating and maintaining bank mandates within the region, ensuring all authorizations align with regulatory and internal compliance requirements.
• Alternative Payment Methods & Aggregator Settlements: Ensure timely liquidation and reconciliation of funds from alternative payment methods, mobile money platforms, and aggregators.
• Cash Flow Planning & Reporting: Support cash flow forecasting by analyzing liquidity needs and preparing reports that aid financial planning and risk management.
• Automation & Process Improvement: Participate in treasury automation projects to streamline operations, enhance accuracy, and improve efficiency in settlement and reconciliation processes.
• Risk & Control Measures: Ensure compliance with financial policies, identify potential risks, and propose mitigation strategies to strengthen treasury controls
MUST HAVE EXPERIENCE:
• At least 5 years experience in treasury department.
• Previous experience in Payments/Settlements/Back Office Role.
• Knowledge of different payment types.
• High competency of Microsoft Office & Excel.
EXPERIENCE THAT WILL COUNT IN YOUR FAVOUR:
• Experience working in a FinTech, or financial institution.
• Strong business acumen Excellent Communication Skills
• Excellent Interpersonal and problem solving
skills
QUALIFICATION & SKILLS:
• B.Com, Economics or applicable business-related courses. Minimum GPA of 2.1 (second upper class).
• CTP qualification added advantage.
• Strong team player with the ability to also work independently.
• Ability to work in a fast moving, pressured environment keeping focus on deadlines and tasks.
• Demonstrate the ability to communicate effectively to a wide variety of audiences.
• Act with integrity and confidentiality.
• Planning and Analytical skills.
WHY WORK FOR US?
At Cellulant, transforming payments in Africa isn't just a job; it is our mission. We believe by simplifying the way people pay and get paid; we are accelerating businesses, opening markets, bridging wealth gaps and connecting Africa to the global economy.
Some exciting things about us...
• We have an Extensive Footprint: We have an office presence in over 10 countries, and our products serve 35 countries across Africa with a global workforce of about 300 employees.
• We believe that innovation is at the Heart of Fintech: Thousands of companies use our technology to deliver seamless payment experiences. Our customers range from various sectors such as Airlines, Telecoms, E-commerce, Ride-Hailing, Retail, to Remittances.
• We Support a Diverse and Inclusive Workforce: We focus on the growth and development of our employees through well-developed, individualised career paths ensuring you reach your full potential in a supportive and delivery-oriented environment.
• We Put our Employees First: We offer market-related compensation, generous personal time off and, markets permitting, medical and life insurance benefits.
• We Seek Collaborative Builders: At Cellulant, we believe that great ideas happen when we come together. We, therefore, nurture a collaborative work environment that challenges, engages and empowers each person to contribute to the growth and success of the business.
• We Solve for Africa’s Digital Economy: We’re solving payment challenges on the continent to create opportunities and accelerate economic growth for all of Africa.
