Treasury Settlements Officer

1 week ago

Johannesburg, Gauteng, South Africa Onafriq Full time

Who We Are


Onafriq is an omnichannel network of networks, making borders matter less by providing our partners with a single pathway to unlock the full power of cross-border and cross-platform payment solutions.


With a network spanning 40 African markets, Onafriq connects over 500 million mobile money wallets, 200 million bank accounts, and 300,000 agents in Nigeria, enabling domestic and cross-border disbursements and collections, card issuing and processing, agency banking, and treasury services.


By connecting global and regional enterprises, mobile money operators, money transfer operators, banks, fintechs, global development organisations, and online and offline merchants, supported by world-class regulatory and compliance capabilities and a strong regional presence in 10 offices in Africa, and others in the UK, US, and China, Onafriq is ushering in a new era of access for people across the African continent and beyond.


The Role
We are recruiting a dedicated Treasury Settlements Officer to become an integral part of our Group Treasury Team.

This pivotal role ensures prompt cash settlement to our digital wallets, daily reconciliation, and the accuracy of our Internal AR/AP positions.

Positioned as a vital link within our Treasury Team, this role will report directly to the Head of FX & Float Management, fostering strong collaboration with the Finance and Settlements departments.

The position's location is one of our offices preferably Johannesburg, South Africa or Nairobi, Kenya. However, this may be negotiable within time zones.

Duties and Responsibilities

  • Ensure prompt settlement of cash to Onafriq's portfolio of wallets.
  • Own the daily reconciliation of wallets.
  • Work closely with the settlement team to chase account receivables.
  • Cultivate and strengthen partnerships within our banking and financial network.
  • Conduct thorough reviews of bank accounts to document incoming funds, adhering to SLA guidelines accurately.
  • Generate and deliver tailored reports on demand.
  • Maintain, develop, and enhance processes, procedures, and policies to ensure an effective treasury environment.
  • Generally, uphold the values of the Company

Qualifications & Experience:

  • Minimum 2 years of experience in a Payments / Settlements role.
  • Relevant degree or professional qualification in accounting or finance.
  • Familiar with accounting techniques, particularly receivables and payables.

You will be a good fit if you are:

  • A trusted confidant with strong emotional intelligence who can build relationships quickly and understand the perspective of others.
  • A great listener and strong communicator across diverse stakeholder groups.
  • Able to drill down into the detail, as well as pull back and see the bigger picture.
  • Ready to take on new types of work without prior experience or direct supervision.
  • Motivated by the growth of others.
  • Comfortable with ambiguity and can operate effectively in a fastpaced and changing environment.

Why work for us:

  • We work at the very cutting edge of fintech in Africa.
  • 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 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 working and unlimited leave policy.
  • We offer a competitive salary package and bonuses.
  • We prioritize the overall wellbeing of our staff through various initiatives aimed at ensuring they reach their full potential in a supportive environment.

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