AirtelTigo Recruitment for Head, Treasury Operations

Applications are invited from interested and suitably qualified candidates for AirtelTigo Recruitment for Head, Treasury Operations.

With a subscriber base of 10 million, AirtelTigo is a solid, dynamic and innovative brand, providing a wide range of telecommunications services, including mobile voice, data mobile financial services and business connectivity solutions. Launched in November 2017, from a merger between erstwhile Airtel and Tigo, AirtelTigo is the second-largest Mobile Network Operator in Ghana. With its core vision “A better life for our customers”, AirtelTigo transforms lives through sustainable corporate social investment initiatives.

Job Description

• Company: AirtelTigo
• Location: Ghana
• State: Accra
• Job type: Full-Time
   

   

  Key Responsibilities

  • Cash flow and cash planning
    • Manage the Company’s cash position per business, policy and control requirements and forecast cash flow;
    • Manage and supervise all aspects of cash flow;
    • Oversee petty cash management as per policy;
    • Develop and implement tools to monitor variances;
    • Report on cash flow and explain variances;
    • Perform currency and closing cash balance checks;
    • Provide explanation to variances in restricted and unrestricted balances;
    • Report monthly Treasury;
    • Own and monitor the cash book.

Banking activities

• Manage banks on daily working of facilities and other operational issues  Lead projects to optimize cost including automation of Treasury processes;
• Manage counter party limits;
• Forecast and monitor foreign exchange/currency exposures and recommend strategies for managing the risks within the financial risk policy;
• Source competitive foreign exchange and currency;
• Lead and co-ordinate the implementation of corrective action on Bank reconciliation;
• Support all bank negotiations on fee structures and other services;
• Provide support to maintain and rationalize the choice of key banks;
• Manage and provide variance explanations to Interest income.

Debt financing and monitoring

• Ensure complete, accurate and timely provision of all documentations to ensure the execution
• and disbursements of all facilities;
• Develop and implement tools to effectively manage the loan/facilities book for compliance, accurate computation and reporting;
• Manage and provide variance explanations to Interest expense.

Cost optimization

• Develop tools, processes and projects to optimize all cost, including finance cost;
• Research and develop economic reports/bulletins on financial market and the entire macroeconomic environment, competitor insights and make recommendations to guide management decision making financing negotiations;
• Partner Business Controls to develop, improve and monitor all controls round cash management;
• Ensure the integrity of all treasury and cash management systems

Payment planning

• Partner the Payables team to develop and effectively implement a best- in- class payment process with the business strategy at focus;
• Provide funds for payments and ensure timely approvals.

Miscellaneous/Risk management

• Train Treasury officers to ensure a best in class Treasury function;
• Ensure Adherence to all internal control procedures related to Treasury operations;
• Any other duties as may be assigned by the Treasury director.

• Required Qualification and Experience
  • A University Degree in any field with emphasis on Accounting, Finance or Economics. Possession of an MBA in Finance is a plus;
  • Professional certification in ACCA, CIMA and ACCE;
  • A minimum of Five (5) years’ relevant working experience in corporate treasury functions preferably with multinationals company exposure;
  • Relevant Audit processing knowledge
  • Good Company and Industry Knowledge
  • Strong fundamental understanding of financial concepts
  • Good understanding of the macroeconomic and financial markets.

  How to Apply

  Interested applicants should Click here to apply.