Group Treasurer

Group Treasurer Flutterwave was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses — African and international — to make and receive payments in a convenient, borderless manner. 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 RESPONSIBILITIES 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 Archite ... (truncated, view full listing at source)