Wave recruits 01 Deputy Treasurer

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Wave recruits 01 Deputy Treasurer

Our mission

We’re making Africa the first cashless continent.

In 2017, over half the population in Sub-Saharan Africa had no bank account. That’s for good reason—the fees are too high, the closest branch can be miles away, and nobody takes cards. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash.

We’re solving this by building financial services that just work: no account fees, instantly available, and accepted everywhere. In places where electricity, water and roads don’t always work, you can still send money with Wave. In November 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments. In 2019, we expanded to Cote d’Ivoire. Now, we have millions of users and are growing fast. Our goal is to make Africa the first cashless continent. And that’s where you come in….

How you’ll help us achieve it

We’re looking for a Deputy Treasurer who is resourceful and excited about getting things done. You’ll be embedded in the Finance and Public Policy team and will be responsible for providing a proper treasury service and managing the team as we rapidly scale our business in Senegal.

In this role, you’ll

  • Oversee daily management of cash and debt.
  • Oversee cash flow short and long-term forecasting.
  • Manage and negotiates bank treasury operations relationships, including establishing new credit lines.
  • Manage financial risk as it relates to treasury operations.
  • Develop and implements cash management operational strategies including reducing amount of money trapped in the mobile money system.
  • Optimize foreign exchange rates and banking conditions
  • Provide detailed cash flow projections.
  • Assist in the development of bank relationships.
  • Manage investment of excess funds.
  • Ensure proper controls are in place for regulatory requirements.
  • Assist with insurance coverages, real estate management, or specialized financing as needed.
  • Manage tax preparations and filings.

Key details

  • Location: You’ll work from our office in Dakar and may travel to field locations.
  • Work authorization in Senegal
  • This is a permanent position
  • Our salaries are competitive and calculated using a transparent formula. We run performance reviews twice a year and award bonuses to strong performers who have been with the company for more than 6 months
  • We pay 100% of your health care insurance premium cost for yourself and your dependents
  • We support working parents – we offer generous parental leave policies (26 weeks for mothers and 4 weeks for fathers) and subsidized childcare when you return to work
  • We help you live your fullest life now! We subsidize gym memberships, fitness classes, and workout equipment
  • Airtime reimbursement
  • Free food and a beautiful office space

Requirements

  • 7+ years working in highly cash-intensive treasury operations in Senegal
  • MBA or advanced degree in business, finance, or management preferred
  • 2+ years of experience at large financial institutions in Senegal managing digital payments and physical cash distribution
  • Deep banking relationships in Senegal
  • Good knowledge of Foreign Exchanges
  • Excellent English communication skills
  • Certified Treasury Professional or similar designation preferred
  • FP&A certification preferred

You might be a good fit if you

  • Are excessively detail-oriented and seek to achieve excellence in everything you do.
  • Are a self-starter and proactive about achieving ambitious targets.
  • Enjoy organizing large events – you’ll be the point of contact to both suppliers and the team.
  • Love owning projects – you’re autonomous yet know when to escalate problems.
  • Are intellectually curious, creative in the way you go about tackling problems, and embrace failure as a means to spark innovation and growth.
  • Willing to go the distance to get something done.
  • Are comfortable defaulting to over-communication and overreaching when it comes to coordination.
  • Adjust quickly to changing priorities and conditions

Our team

  • We have a rapidly growing in-country team in Senegal, Côte D’Ivoire, Mali, Benin and Uganda, plus remote team members spread across the world. We’re deeply passionate about our mission of bringing radically affordable financial services to the people who need them most.
  • We foster autonomy for our employees. You’ll own your own projects at every stage, from understanding the problem to monitoring your solution in production.
  • We’re backed by world-class investors including Sequoia, Stripe, Founders Fund, Ribbit Capital, Y Combinator, and the cofounders of PayPal.

How to apply

  • Fill out the form below, and upload a resume plus a cover letter, both written in English, describing your interest in Wave and the role. We review applications on a rolling basis.

Wave is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Closing date : 18 February 2022. Postuler