Head of Treasury

Job Title

Head of  & Fintech

Chief Financial Officer (CFO)_Digibank & Fintech

Dubai (UAE), with possible regional travel across African markets

Full-Time, Permanent

Head of Treasury in the respective opcos

The Head of Treasury provides strategic and operational leadership over the Finance function of Digibank & Fintech, ensuring robust liquidity management, cash forecasting, foreign exchange transactions execution, investment management, and financial risk control across multiple Fintech and Digibank entities operating in Africa.

He/she ensures that the Cluster has the optimal cash structure, sourcing various currencies at the best rate, risk-hedging mechanisms to support growth, regulatory compliance, and financial resilience.

To design, implement, and continuously strengthen the Digibank & Fintech Treasury Framework, integrating:

• Liquidity & cash management across all operating entities;
• FX risk management strategies especially for fintech entities engaged in international remittance;
• Efficient capital repatriation and intercompany funding mechanisms;
• Prudent investment of excess liquidities;
• Liquidity and Balance sheet management of the digibank entitiesl;
• Treasury technology & automation (TMS, API integration, AI-based forecasting);
• Regulatory and prudential compliance across multiple jurisdictions.

The Head of Treasury acts as the trusted advisor to the Digibank & Fintech CFO, CEO, and Board Audit & Risk Committee on matters of liquidity, funding, market risk, and capital adequacy.

• Develop and execute the Digibank & Fintech Treasury Strategy aligned with overall financial, risk, and business objectives.
• Establish a central treasury governance framework defining policies, procedures, limits, and approval authorities across subsidiaries.
• Design and maintain the Digibank & Fintech Liquidity Policy, Funding Policy, and Investment Policy, ensuring alignment with local regulatory requirements (Banking, e-money, PSP, and Fintech regulators).
• Act as the primary liaison with central banks, banking partners, and rating agencies.

• Supervise daily cash positioning and intercompany liquidity; ensure optimal utilization of funds across entities.
• Oversee short- and medium-term cash forecasting leveraging digital treasury tools and predictive analytics.
• Implement a centralized treasury management system (TMS) integrating APIs with Digibank and PSP platforms for real-time visibility.
• Manage the Digibank & Fintech cash pooling structure and ensure efficient repatriation, cross-border remittances, and funding flows.
• Define and monitor liquidity KPIs (LCR, NSFR, liquidity gap, free cash ratios) and maintain appropriate stress testing models.

• Oversee the management of surplus liquidity through low-risk, high-yield investment instruments compliant with regulatory constraints where applicable.
• Design and implement FX, interest rate, and market risk hedging strategies (e.g., forwards, swaps, NDFs).
• Ensure ongoing monitoring and mitigation of counter party, credit, and concentration risks.
• Lead the development of a Treasury Risk Dashboard integrated with the Risk Management function.

• Supervise treasury back-office operations: deal confirmations, settlements, accounting, and reconciliations.
• Ensure full compliance with IFRS, internal controls and audit requirements.
• Work closely with Internal Audit, Risk & Compliance to ensure robust segregation of duties, documentation, and authorization matrices.
• Lead periodic treasury process reviews to enhance efficiency and automation (RPA, AI, blockchain-based payment rails).
• Champion digital treasury innovation: adoption of APIs, AI-based forecasting, data analytics, and centralized dashboards.
• Coordinate with the Digibank & Fintech CIO to ensure treasury systems’ integration with the Digibank core and Fintech payment engines.
• Promote real-time liquidity visibility and advanced risk analytics for proactive decision-making.
• Build and lead a high-performing treasury team…