Treasury Analyst

Job Description

MFS Africa is the leading digital payments hub in Africa, enabling low-cost payments across the continent. The company works in close partnership with mobile network operators and financial institutions to bring simple and relevant payment services to unbanked people. MFS Africa connects over 320 million mobile money users across sub-Saharan Africa through its platform – the MFS Hub. As a B2B company, we enable cross-border payment for mobile money operators, banks, money transfer operators, large corporate and a growing number of SMEs. Our recent partnership with Visa will soon allow us to connect the MFS Hub to Visa.net, effectively connecting African consumers and businesses to the global digital economy. As a technology fintech company, we strive to automate everything we do and run world-class back-office operations spread between Johannesburg, Port-Louis, Accra, Kampala, and Nairobi. We also have a compliance team in Johannesburg, London and Port-Louis and are regulated by the FSC in Mauritius and the FCA in the UK.

The Role
We seek a dynamic and motivated finance professional to join the Group Treasury team at MFS Africa. The Treasury Analyst will focus principally on anticipating working capital requirements across Beyonic wallets and ensuring fund receipts are recorded timeously and accurately in the in-house platform and the firm’s books and records. You will report into the Head of FX & Float Management who is based in London. This position will ideally be based in Nairobi, Kampala, or Johannesburg and will be a contract position for six (6) month contract position.

The duties and responsibilities of the role will be as follows:

Develop and maintain strong relationships with all banking and financial service providers
Ensure all cash and bank transactions are recorded and reconciled accurately and timeously
Monitor working capital requirements across all Beyonic wallets and recommend appropriate action to ensure no outages
Assist with the execution, implementation and recording of float management decisions
Review bank accounts and record funds receipts in line with SLA requirements
Regular ad hoc reporting
Maintain, develop, and enhance processes, procedures, and policies to ensure an effective treasury environment

Skills and Competencies

Demonstrated organization and time management skills
Strong analytical and problem-solving skills
Achievement orientated and results driven
Ability to handle multiple priorities in a dynamic environment with limited supervision
Ability to communicate effectively to both internal and external stakeholders at all levels
Demonstrated ability to work independently
High attention to detail
Proficient in MS Office Suite, particularly Excel

Qualifications and Experience

Relevant degree or professional qualification in accounting or finance
Newly qualified individuals with a minimum of 2 years post qualification experience


We have a very diverse work environment with over 28+ nationalities represented and continually strive to build a culture of caring and execution
We operate a flexible remote working policy
We offer a competitive salary package and bonuses
We prioritize the overall well being of our staff through various initiatives aimed at ensuring they reach their full potential in a supportive environment
We solve relevant problems for Africa and the world in hope of continuing to make an impact on the millions, if not billions, of users who also believe in what we do
We work at the very cutting edge of fin-tech in Africa


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About MFS Africa

About MFS Africa
MFS Africa is a pan-African fintech company that develops innovative value added services for mobile wallets. The company works in close partnership with mobile network operators and financial institutions to bring simple and relevant financial services to un- and under-banked customers. MFS Africa currently connects over 200 million mobile wallet customers in sub-Saharan Africa. The MFS Hub also connects money transfer operators, banks, and merchants to mobile wallets in Africa, allowing these partners to take advantage of the growing popularity of mobile wallets as safe, convenient, compliant, and cost-effective delivery channel for international remittances.