Head of Treasury
About Grey
Grey is building inclusive global banking for individuals and businesses across emerging markets. We help customers own US, UK, and EU bank accounts (irrespective of wherever they are in the world), to enable them to send, receive, save, and spend foreign currency easily.
With over 700k customers acquired, we believe we’re building one of the fastest-growing fintechs in emerging markets. Our product is live to customers in 80+ countries (across 4 continents) and we’re processing millions of dollars everyday. We’ve raised over $2M from YCombinator, SomaCap, TRUE Capital, Ingressive Capital, and other high-profile investors.
We’re an agile startup focused on building an amazing & reliable product, shipping and iterating quickly, and deepening our product market fit. We’re looking for high-agency people to help us achieve our vision – to make globalization work for everyone. We’re a fully remote company with staff in the US, UK, Canada, Portugal, Germany, India, Ghana, Tanzania, Nigeria, and Rwanda.
We are seeking a highly skilled and experienced Head of Treasury to lead our treasury team. The ideal candidate will have a strong background in financial management, a passion for fintech innovation, and proven leadership skills. The Treasury Manager will be responsible for overseeing the management and optimization of our financial resources, ensuring they meet the highest standards of quality, security, and performance.
Key Responsibilities of the Head of Treasury
- Financial Planning & Treasury Management:
- Ensure a healthy cash flow for the company by managing and optimizing cash resources.
- Oversee financial planning, cash flow forecasting, and treasury management activities.
- Bank & Vendor Relations:
- Open and manage accounts, ensuring timely filing of all bank and treasury correspondence.
- Interact with bankers and manage relationships with all our entities.
- Maintain a robust database of vendor bank accounts for management information and ease of reference.
- Rates & Transactions:
- Regularly update rates on our Dashboard and oversee rates negotiation with partners and liquidity providers.
- Manage liquidity partners/providers and source for new partners to ensure effective and market-competitive rates for customer transactions.
- Oversee payment structures and processes to avoid overpayments/underpayments.
- Manage OTC transactions and fees negotiation with providers.
- Reconciliation & Reporting:
- Carry out daily, weekly, and monthly reconciliations, including GL journal entries related to payment postings.
- Submit a monthly schedule of trade payables, ensuring all payables are monitored and managed till payments are completed.
- Provide input on weekly, monthly, quarterly, and year-end treasury/cashflow reports.
- Contribute to financial audits and reconciliation of daily, monthly, and yearly transactions.
- Assist in preparing balance sheets, income statements, and various financial schedules.
- Foreign Exchange & Risk Management:
- Arrange to purchase and sell foreign currency as needed.
- Manage foreign currency exposure and payments, analyzing various scenarios and risks.
- Protect the business against adverse movements in foreign exchange rates.
- Ensure liquidity does not fall below the benchmark for customer transactions.
- Collaboration & Leadership:
- Liaise with senior management across the organization on long-term financing requirements/investments.
- Support the finance manager and executives with projects and tasks when required.
- Be a key point of contact for other departments on financial and accounting matters.
Qualifications of the Head of Treasury
- Previous experience with foreign exchange in a Commercial/Investment Bank or non-bank financial institution (Fintech, or BDC).
- ICAN and ACCA certification is an added advantage.
- Experience using online banking platforms, treasury systems, and accounting systems.
- Strong understanding of treasury finance and accounting principles.
- Excellent knowledge of foreign exchange and risk management.
- Ability to work autonomously and as part of a broader team.
- Strong client relationship management and customer service skills.
- Proficiency in Microsoft Office and other accounting software.
- Exceptional analytical/problem-solving skills and attention to detail.
- Experienced with financial control and budgeting.
- Strong time management and organizational abilities.
- Excellent written, verbal communication, and relationship management skills.
How to Apply
Click here to download the Editable CV Template here