Treasury Manager
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Key details
- Location
- Black River, Mauritius
- Work style
- Onsite
- Level
- Senior
- Job type
- Full-time
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- 1w ago
About the role
About Korridor
Korridor is a fast-growing, multi-territory FinTech
company operating across 13 jurisdictions in Sub-Saharan Africa. We are
building a people-first organisation where culture is lived, not just stated,
and where HR is a genuine business partner, not a back-office function.
The over 400 people in this business are what
make everything else possible. As we scale, we are investing in a world-class
team.
Role Overview
Location | Mauritius |
Reports To | Senior
Financial Manager (reporting line to be finalised) |
Team | Group
Treasury, Mauritius |
Direct Reports | Treasury
Team Leader; three Payment Controllers through the Team Leader |
Territory Scope | Eleven
countries / twelve banking channels |
Role Shape | Operational
management, daily reporting, team guidance and operational improvement; not a
strategy or policy post |
Mandate | Second
approver on payment release above the Team Leader; expected to act as backup
approver when cover is needed |
Employment Type | To
be confirmed |
The Treasury Manager
runs Korridor's treasury engine room day to day and reports on it. Following
the decision to merge the Treasury Manager and Treasury Analyst into one post,
the role owns the daily operation, daily reporting to the Senior Financial Manager
and Group CFO, and guidance of the treasury team. It is deliberately pitched as
an operational manager rather than a strategic treasurer: the person in this
seat is expected to stay close enough to the work to step into the payment
approval queue as backup when cover is needed, identify where the daily routine
is slow, manual or fragile, and propose practical improvements. Improvements
are implemented with the Senior Financial Manager, who carries the treasury
governance agenda. Eleven countries, twelve banking channels and a Mauritius
hub.
What You'll Do
1. Run the daily treasury operation
– Own the
daily cycle end to end: the daily sheet, planning sheet, payment run and
bank-deposit windows, and make sure it lands on time every day.
– Approve
the daily funding decision, daily payment plan, cash concentration and
sweeping, and the daily Investec approval and unencumbered-funds notification.
– Review
the outputs that gate the run: plan finalisation, provisions and adjustments,
and the trade sheet.
– Hold the
operational relationship with the banks across twelve channels: queries, fees,
account administration, mandates and signatories.
– Keep
operating procedures current and detailed enough that interim cover can perform
the task.
2. Report daily, upward and
outward
– Produce
the daily report to the Senior Financial Manager and Group CFO: cash position
by country and currency, what moved, what is short and what needs a decision.
– Produce
the daily and weekly cash forecast, the 13-week rolling view, and country- and
currency-specific views where exchange control means cash is not freely
fungible.
– Run the
forecast-versus-actual variance loop back to contributors so forecast accuracy
improves rather than the forecast simply being produced.
– Produce
the treasury KPI and performance pack and actuals cash-flow reporting for the
Group CFO and board.
– Report
FX exposure and execution quality, including rate achieved against benchmark by
bank and by trade.
3. Back up the payment approvals
– Act as
second approver on payment approval and release, above the Team Leader, across
TRX and the banking channels.
– Step
into the approval queue as backup when the Team Leader is on leave, ill or at
capacity; this is an expectation of the role, not an exception.
– Approve
FX execution against the funding requirement. The Team Leader deals; the
Treasury Manager authorises, keeping dealing and authorisation separate.
– Approve
static data and system-access administration, kept separate from transacting.
4. Guide the team
– Line-manage
the Treasury Team Leader and, through them, three Payment Controllers:
coaching, performance and one consistent way of working across the desk.
– Allocate
and follow up the daily work and make sure exceptions are visible rather than
absorbed quietly.
– Build
the bench: named cover for every critical daily task so no step depends on one
person.
– Be the
escalation point the controllers actually use.
5. Find the improvements and land them with the Senior Financial
Manager
– Spot
where the daily routine is manual, slow or fragile and put forward a costed
suggestion rather than a complaint.
– Work
with the Senior Financial Manager to implement automation of repetitive daily
work, straight-through processing for routine items, and bank connectivity
through host-to-host feeds and APIs.
–
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