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 .

JOB DESCRIPTION:

The Treasurer is responsible for overseeing the end-to-end cash management, liquidity planning, financial risk management, and capital strategy within a FinTech (payments / employer-of-record / digital banking) environment. This leadership role requires a deep understanding of cross-border payment flows, diverse regulatory requirements across African markets, and the strategic financial frameworks employed by global payment networks (e.g., Visa, Mastercard).

KEY RELATIONSHIPS:

• Finance Department.
• Product.
• Operations.
• Legal/Compliance.

CORE RESPONSIBILITIES:

1. Liquidity & Cash Management
   • Oversee daily cash positions across multiple bank accounts and payment channels.
   • Ensure funds availability for operational needs, settlement activities, and client payouts.
   • Implement best practices from global payment companies (Visa, Mastercard) for real-time tracking of transactions, float management, and optimizing payment settlement cycles.
2. Banking & Payment Partnerships
   • Establish and maintain strong relationships with local and international banks, mobile money operators, and payment providers.
   • Negotiate and manage banking facilities, credit lines, and service-level agreements.
   • Align treasury operations with partner networks (e.g., Visa, Mastercard) and regional payment gateways (e.g., MFS Africa, InterSwitch).
3. Risk Management & Compliance
   • Identify, measure, and manage financial risks (interest rate risk, foreign exchange risk, credit risk, etc.).
   • Develop hedging strategies (when applicable) to mitigate exposure in multi-currency environments common in African cross-border transactions.
   • Ensure compliance with local regulations, central bank reporting requirements, and global AML/KYC standards.
4. Capital Strategy & Funding
   • Work with the executive team (CFO, CEO) to define and execute capital-raising strategies (equity, debt, or other instruments).
   • Optimise the capital structure in alignment with the company’s growth and regulatory requirements.
   • Provide treasury-related insights during fundraising, ensuring robust liquidity planning for scaling products and operations across African markets.
5. Cash Flow Forecasting & Budgeting
   • Develop short- and long-term cash flow forecasts, integrating large-scale settlement flows from payment rails (Visa, Mastercard) and local African payment ecosystems.
   • Collaborate with finance, sales, and product teams to update forecasts based on transaction volume, new market entries, and macroeconomic factors.
   • Recommend adjustments to budgets and financial plans based on market volatility or currency fluctuations.
6. Operational Efficiency & Technology
   • Leverage treasury management systems and FinTech tools for automation of cash management, reconciliation, and risk analytics.
   • Collaborate with product/technology teams to ensure seamless integration of treasury functions with customer-facing payment platforms.
   • Stay updated on emerging financial technologies (e.g., blockchain-based cross-border solutions) to enhance treasury efficiency and reduce transaction costs.
7. Policy & Governance
   • Develop, implement, and continuously improve treasury policies, procedures, and controls in line with best-in-class standards (e.g., those used by Visa and Mastercard).
   • Present treasury reports, KPIs, and compliance updates to the board and executive committee.
   • Drive or support audit activities, ensuring robust internal controls and adherence to IFRS or local GAAP standards.
8. Team Leadership & Stakeholder Management
   • Build and lead a high-performing treasury team, providing mentorship and clear development pathways.
   • Coordinate across departments (Finance, Product, Operations, Risk & Compliance) to align the treasury function with overall company strategy.
   • Partner with external stakeholders (investors, auditors, regulators) to represent the company’s treasury strategy and financial stability.

QUALIFICATIONS & EXPERIENCE:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field. A Master’s degree (MBA, MSc Finance) is preferred.
• ACT (Association of Corporate Treasurers), ACCA, CIMA, or CFA is advantageous.
• 8+ years of progressive experience in treasury, corporate finance, or a related function.
• Previous experience in a payments or FinTech environment is highly desirable.
• Familiarity with African banking regulations, cross-border settlements, and multi-currency liquidity management.

SKILLS:

• Advanced proficiency in Microsoft Excel or Google Sheets for data analysis and reporting.
• Strong knowledge of treasury management systems, payment gateways, and reconciliation tools.
• Proficiency in risk management (FX, interest rate, credit risk) and hedging strategies.
• Excellent communication and stakeholder management skills.
• Strong analytical and strategic mindset, with attention to detail.
• Ability to operate in a fast-paced, sometimes ambiguous environment typical of high-growth FinTechs.

DESIREBALE TRAITS:

• Ability to forecast and plan liquidity needs in a dynamic African payments landscape.
• Vision to scale operations and align with global networks (Visa, Mastercard).
• Understanding of African central bank regulations, exchange controls, and tax implications for cross-border payments.
• Knowledge of global AML/KYC and compliance standards essential in the payments industry.
• In-depth grasp of treasury risk, including operational, liquidity, and currency risks.
• Skilled in designing, implementing, and monitoring internal controls.
• Proven ability to collaborate with cross-functional leaders (Finance, Operations, Compliance, Product) to drive treasury initiatives.
• Strong negotiation and relationship-building skills with banking and financial partners.
• Openness to adopting new technologies (automation, APIs, blockchain) to improve treasury operations.
• Adaptable to shifting regulatory environments across multiple African countries.
• Capable of inspiring and motivating team members, fostering a culture of high performance and continuous learning.
• Skilled at coaching and development, ensuring robust succession planning and talent management.

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 up 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.