Group Treasurer at Flutterwave – Apply Now

The Opportunity

• Flutterwave is on a path to profitability, and the Group Treasurer is the architect of that journey.
• This is a systems-first, infrastructure-building role at the heart of our global FX and Remittance engine.
• Where the front office sources the fuel, the Group Treasurer builds the engine — designing the netting infrastructure, margin protection frameworks, and real-time data architecture that turn high FX volume into durable, high-margin revenue. In 2025, a focused middle-office effort helped increase Group FX margins from approximately 1% to 40%.
• The Group Treasurer will consolidate and extend that foundation: deploying a global Treasury Management System (TMS), building automated FX blotters, eliminating hidden margin leaks, and providing the CFO and Board with an accurate, real-time view of Flutterwave’s global liquidity and FX exposure every single day.

Key Responsibilties
Treasury Systems & Infrastructure:

• Lead the global deployment and optimisation of Flutterwave’s Treasury Management System (TMS — Kyriba or equivalent), integrating all feasible bank feeds to achieve real-time visibility across every corridor and entity.
• Build and maintain automated FX Blotters and a daily FX Sub-Ledger that delivers a three-way reconciled view (Blotter vs. Bank vs. ERP) to the Finance team by 10:00 AM WAT, every business day.
• Develop a real-time “Cash in Transit” dashboard, creating a clear asset vs. liability bridge for operational planning and liquidity management.
• Drive the treasury function from a manual, spreadsheet-based model to a fully automated, audit-ready architecture — reducing human error, improving close times, and providing the data quality that Finance and Operations require to make fast decisions.

Netting, Internalization & Margin Optimization:

• Design and operate a global Netting Engine that matches internal FX flows (NGN, KES, EGP, USD, GBP, and other key pairs), reducing Flutterwave’s reliance on external Liquidity Providers (LPs) and capturing “Netting Alpha.”
• Drive internalization rates above 80% across the top 10 currency pairs as an initial target, with a stretch goal of 90%+ — directly lowering LP spread costs and improving Group margin.
• Audit and eliminate hidden margin leaks, including third-party partner fees (e.g., Nuvei, Kublox) and cross-corridor subsidies, to ensure that no remittance corridor operates at a negative or unintended margin.
• Develop an “Inventory Skew” pricing engine (Level 3 Pricing) that dynamically adjusts rates based on real-time inventory positions, generating measurable incremental margin from FX asymmetry.
• Optimise the yield on idle corporate cash pools, targeting returns that outperform overnight benchmark rates by a minimum of 50 basis points.

Risk Management & Compliance:

• Establish and maintain Flutterwave’s Global Liquidity & Settlement Policy, defining formal settlement gap limits, pre-funding thresholds, and NOP controls for every corridor.
• Ensure that the Group’s Net Open Position (NOP) remains within Board-approved risk limits on 99%+ of trading days, with automated alerts for any potential breach.
• Develop and maintain robust FX revaluation and mark-to-market processes, targeting zero material audit adjustments on NOP balances and FX sub-ledger positions.
• Support the implementation of interest rate risk and counterparty credit risk frameworks in collaboration with the CFO and Group Risk function.
• Ensure full compliance with relevant regulatory requirements across all jurisdictions in which Flutterwave operates, including reporting obligations related to FX positions and cross-border settlements.

Data Architecture & Reporting:

• Serve as the primary provider of treasury data to the Finance team (Moronke) and Operations function (Lucia), ensuring that liquidity forecasts, corridor-level P&L, and NOP reports are accurate, timely, and actionable.
• Achieve a forecast accuracy variance below 15% between Treasury’s projected liquidity needs and actual cash usage, with a stretch target below 5%.
• Design and maintain the FX revenue recognition framework, ensuring the Group has an accurate, corridor-level view of FX revenue, spread income, and net margin at all times.
• Build the internal reporting infrastructure that allows the CFO and Executive team to monitor treasury performance without manual intervention — dashboards, exception reports, and scenario modelling tools.

Strategic Leadership & Collaboration:

• Partner with the Head of FX Sales & Bank Treasurer to translate front-office deal flow into accurate pricing inputs providing the “logic layer” that tells the sales lead exactly how aggressively they can price while maintaining target margins.
• Work closely with the Expansion and Product teams to support new corridor launches, banking partnership agreements, and treasury product development.
• Present to the CFO, Board, and Audit Committee on treasury performance, risk exposures, system build-out progress, and margin optimisation outcomes.
• Build and develop a high-performing treasury team, establishing clear roles, processes, and career pathways as the function scales.

Qualifications & Experience
Required:

• Bachelor’s Degree in Finance, Mathematics, Economics, or a related field required; Master’s Degree or professional certifications (e.g., CFA, FRM, CTP, ACT) strongly preferred.
• Minimum of 12 years oexperience in institutional treasury, fintech treasury architecture, or a closely related discipline, with clear evidence of systems-building and margin optimisation outcomes.
• Demonstrable experience deploying or operating a Treasury Management System (Kyriba, FIS, or equivalent) in a multi-currency, multi-entity environment.
• Deep technical expertise in FX accounting, automated blotter construction, Net Open Position management, and FX sub-ledger reconciliation.
• A quantitative, data-driven mindset — comfortable working with raw transaction data, building financial models, and deriving unit economics from imperfect datasets.
• Strong understanding of emerging market FX dynamics, remittance corridor economics, and global payment infrastructure.
• Experience in developing and enforcing treasury policy frameworks, including liquidity management, settlement controls, and regulatory compliance.
• Excellent communication skills, with the ability to translate complex treasury data into clear insights for non-treasury audiences including the CFO, Board, and Operations leadership.

Preferred:

• Prior experience at a high-growth African fintech or international payments business with significant emerging market FX exposure.
• Familiarity with netting engine architecture, LP management, and dynamic FX pricing models.
• Experience with SQL and data visualisation tools (e.g., Tableau, Power BI, Looker) to supplement TMS-based reporting.
• Understanding of crypto and DeFi workflow platforms as they relate to cross-border treasury management.