Main duties: 

Under the supervision of the Director of Finance, Accounting, and Budget, the Treasurer shall be responsible for cash management, financial products, exchange and interest rate developments, and bank accounting. The treasurer’s tasks shall be performed by ensuring sound financial management, monitoring cash flow, reporting to Management, ensuring compliance with banking regulations, ensuring proper processing of swap transactions (margin calls), and take effective positions on the financial markets on behalf of CRRH-UEMOA.

Duties and responsibilities:

• Cash flow managing: receipts and payments;
• Daily analysis of bank balances of the accounts in the various banks;
• Balancing accounts and investing any cash surpluses;
• Financing requirements;
• Determine value-dates of investments;
• Replenish the institution’s operating account;
• Manage banking flows based on the specific benefits offered by each financial institution
   

Risk management

In collaboration with the Risk Manager:  

• Identify risks affecting the institution that may impact:
• Interest rates;
• Exchange rate developments;
• Counterparty risk;
• Assess the risks for the institution;
• Set up currency risk hedging instruments adapted to the currencies used and the flows specific to the business;
• Define monitoring indicators;
• Managing financial products, in particular swap transactions, and ensuring that margin calls are calculated correctly;
• Implement control procedures;
• Optimizing financial costs and income by checking the interest scales issued by the banks and verifying the financial interest charged by them.
   

Budget and cash flow forecasts

• Prepare a monthly cash flow budget based on information provided by Management and the Finance Director and on knowledge of the transaction and its history;
• Accurately assess the net cash position at the end of the year and the net debt position in order to define the external financing requirements to be sought from banks and development partners.
   

Treasury, credit, debt collection, banking relations

• Prepare the company’s financing plans and approve cash budgets to meet external financing requirements;
• Monitor the cash position and analyze;
• Define and monitor the refinancing policy in collaboration with the Operations Department;
• Seek support from banks and investors;
• Ensure collection of quarterly installments from DFS and half-yearly installments from refinanced banks;
• Pay half-yearly installments to development partners and the regional market (BRVM);
• Monitor margin calls for payment of transactions relating to the US market;
• Manage banking authorizations by listing all delegations of bank signatures and updating them as soon as a signatory leaves the company
   

Profile:

• MBA in Finance, Master’s 2 in Banking and Finance, Master’s 2 in Corporate Finance, 5 years of higher education in Accounting, Finance, Control, and/or Audit such as DESCF, DESCOGEF, DSCG, or equivalent with proven skills in financial management, cash management, and accounting techniques;
• A Chartered Financial Analyst (CFA) certificate would be an asset;
• Good knowledge of banking operations, domestic and international financial market operations;
• Good theoretical understanding and proven experience in the management, arbitrage, and trading of financial products and derivatives;
• Good theoretical understanding of financial products and their behavior in the event of changes in exchange and interest rates;
• Good knowledge of the revised Banking Chart of Accounts;
• Skills in regulations and standards (particularly at international level with Basel II, III, etc.);
  Mastery of valuation software such as Bloomberg and others;
  Excellent command of common office applications, in particular Word, Excel, PowerPoint, etc.;
• Good interpersonal and communication skills;
• Ability to analyze and summarize;
• Good leadership and team-building skills;
• Have a sense of responsibility;
• Ability to use accounting software;
• Be dynamic;
• Be rigorous, autonomous and methodical;
• Be organised;
• Be discreet and honest;
• Ability to respect procedures;
• At least 5 years of experience in the trading room of a financial institution or banking group operating regularly on the domestic and/or international financial market, or in the treasury department of this type of institution;
• Ability to speak English.
   

Applications, including a cover letter and detailed CV, should be submitted to the Managing Director of CRRH-UEMOA, at the following address:

blawson@crrhuemoa.org latest by 10 :00 a.m. on Monday8 May 2023.