JOB DESCRIPTION: TREASURY ACCOUNTANT

Sector: Consumer Finance
Location: Lagos, Nigeria
Grade Level: Grade 7
Report to: CFO
Career Level: Min 3 years of work experience.

ABOUT PAGA
Paga is a licensed financial services company and a leading payments company in
Nigeria with a massive transformative purpose - to make it simple for one billion
people to access and use money. It was founded on the simple belief that the
ubiquity of mobile phones can be leveraged in building an ecosystem that enables
people to digitally send and receive money and creating simple financial access for
everyone.

ABOUT THE ROLE
We are seeking a highly skilled and detail-oriented Treasury Manager with specialized
expertise in Foreign Exchange (FX) management. The ideal candidate will be
responsible for overseeing the company’s treasury activities, focusing on optimizing
cash flow, managing currency risks, and ensuring efficient and effective foreign
exchange operations. This role is pivotal in managing financial risks related to foreign
currencies and providing strategic recommendations to improve the company’s
liquidity and capital structure.

KEY RESPONSIBILITIES
• Negotiate and execute fx trade profitably
• Track and reconcile foreign exchange gains and losses.
• Monitor exchange rates/currency fluctuations and their impact on company’s
financials.
• Manage intercompany fx settlements, and reconciliations.
• Maintain proper documentation for fx and treasury transactions.
• Maintain strong relationships with banks and financial institutions to secure
favorable FX rates and services.
• Analyze cash flow trends, bank fees, FX gains/losses, and treasury KPIs
• Ensure timely and accurate reporting of FX activities, treasury KPIs, and
compliance with regulatory requirements.
• Ensure compliance with accounting standards (e.g., GAAP, IFRS)
• Monitor and execute cross-border payments and transfers, ensuring
competitive pricing and efficient settlements.
• Collaborate with senior leadership to provide insights and recommendations
on financial markets, FX risks, and treasury operations.

KEY COMPETENCIES
• FX Expertise: Good understanding of FX markets and negotiation skills.
• Technical Skills: Proficiency in financial modeling, treasury management
systems (TMS), and Excel. Experience with FX trading platforms is highly
desirable.
• Analytical Skills: Strong quantitative and analytical abilities to interpret
financial data and trends.
• Communication: Excellent interpersonal and communication skills to work
effectively with internal teams and external partners.
• Attention to Detail: High level of accuracy and attention to detail in managing
treasury functions and reporting.
• Problem-Solving: Ability to assess complex financial situations and develop
strategic solutions.
• Ethical Judgement: Upholding integrity and confidentiality in financial work
demonstrates maturity and sets the tone for ethical leadership later on.

KNOWLEDGE AND SKILL REQUIREMENTS
• Bachelor’s degree in finance, Economics, Accounting, or a related field.
• Minimum of 3 years of experience in treasury management, with a strong focus
on FX.
• Advanced computer software skills, including Excel, PowerPoint, and other
accounting packages
• Must have completed the mandatory NYSC

We are an equal opportunity employer and value diversity inclusion. We do not
discriminate on grounds of colour, race, nationality, religion, age, ethnic origin,
disability, gender, marital status, or sexual orientation in our employment practices