Job Description
ABOUT THE COMPANY
PalmPay is an Africa-focused fintech firm, launched in 2019. PalmPay is a mobile payments platform that offers a number of financial services.
JOB SUMMARY
Bachelor’s degree in Finance, Accounting, Economics, or a related field.2 to 3 years of experience in Treasury, Fund Management, Financial Operations, or related roles, preferably within fintech or financial services.Strong knowledge of cash flow management, liquidity planning, and reconciliation processes.
RESPONSIBILITIES
Monitor and manage the company’s cash position to ensure adequate funding across all products and payment channels for uninterrupted operations.Perform and supervise daily bank and wallet reconciliations, ensuring timely identification and resolution of discrepancies and outstanding items.Track and analyse cash flow forecasts, comparing expected settlement inflows and channel outflows against actual performance to improve forecast accuracy.Optimise liquidity management by ensuring proper fund allocation across channels while minimising idle cash and avoiding funding shortages.Evaluate cost of funds and implement strategies to reduce funding costs while maintaining operational efficiency.Monitor settlement cycles across products and payment channels, prioritising those with shorter cash conversion cycles to improve cash efficiency.Identify, assess, and mitigate financial risks including liquidity risk, settlement risk, and interest rate exposure.Collaborate with banking partners and payment service providers to resolve transaction issues and improve processing efficiency.Ensure compliance with regulatory requirements, internal controls, audit standards, and company policies.Maintain accurate records of financial instruments, including fixed deposits, call deposits, and other treasury placements.
REQUIRED SKILLS
Bookkeeping, Stock and inventory management, Financial reporting, Accounting, Reporting
REQUIRED EDUCATION
Bachelor's degree