Finance

Treasury Team Leader

Sucafina

Nairobi, Nairobi County, Kenya
Full-time, Mid-Senior Level
Remote: No

Company Description

The Company:

You will have the opportunity to work for one of the most dynamic coffee companies out there and commit to Sucafina’s purpose by playing a leading role in reshaping the industry and creating sustainable value for all stakeholders. Today, with more than 1,200 employees in 32 countries, the Group is a key and growing player in the coffee world. With its main trading base in Geneva, Sucafina sources coffee, often directly from farmers, to provide its partners with sustainable value across the global supply chain.

What are we looking for:

We are looking for entrepreneurs, techies, passionate, eager to learn, humble, with a positive attitude and a high level of integrity People. Flexible and willing to take challenges, work and live in coffee-producing countries, People who want to build expertise and a career in the coffee business and are ready to go the extra mile.

What we offer:

We offer within our pleasant family environment, great opportunities to learn and grow, we offer challenges and exposure to a multicultural environment, on-merit base compensation, and free coffee around the clock!

Job Description

Job Title: Treasury Team Lead

Reporting to: Head of Finance Center of Excellence - Africa

Department: Accounting / Finance

Summary of the role      

Provide oversight of treasury operations, cash management, and financial reporting while ensuring accounting accuracy and compliance with organizational policies.

Key Responsibilities and Accountabilities              

Undertake a supervisor role and be expected to manage a team of Accountants. The primary responsibilities will include, but are not limited to:

Cash Flow Management & Forecasting

  • Oversee daily cash positioning and liquidity management across all bank accounts
  • Develop and maintain short-term and long-term cash flow forecasts to optimize cash utilization
  • Monitor cash balances and ensure sufficient funds are available to meet operational needs
  • Analyze cash flow trends and provide strategic recommendations to improve cash management
  • Coordinate with business units to gather cash flow projections and ensure accuracy

Bank Relationship Management & Reconciliation

  • Manage relationships with banking partners and financial institutions
  • Oversee daily bank reconciliation processes, ensuring timely resolution of discrepancies
  • Review and approve bank reconciliation reports prepared by team members
  • Implement controls to safeguard banking transactions and prevent fraud
  • Optimize banking structure and fee arrangements to reduce costs

General Accounting Processes

  • Oversee treasury accounting functions including journal entries, balance sheet reconciliations, and month-end closings
  • Review and approve journal entries, reconciliations, and adjustments
  • Ensure compliance with accounting standards for treasury operations

Financial Reporting

  • Ensure accurate transactional accounting postings to general ledgers with correct expense account allocation
  • Prepare treasury-related management reports with comprehensive analysis
  • Manage intercompany ledgers with accurate and timely reconciliations in compliance with Group Intercompany Policy
  • Report on cash positions, investments, and debt to senior management

Process & Project Management

  • Identify and implement process improvements to increase efficiency in treasury operations
  • Work with SSC head on KPIs measurements and process enhancements
  • Identify financial risks and implement mitigating controls
  • Collaboration with IT on treasury management system issues and upgrades
  • Lead or participate in special projects as key super-user
  • Perform additional responsibilities as assigned by the Head of Centre of Excellence

Team Leadership

  • Lead and mentor a team of accountants, fostering a collaborative and high-performance work environment
  • Provide guidance, training, and support to team members in resolving complex accounting issues
  • Ensure accurate and timely financial reporting through effective team management

Job Qualifications

Qualifications and Education

  • Bachelor’s degree or equivalent with a major in accounting/Finance.
  • CPAK or Finalist
  • ACCA Finalist

Experience

  • 3 to 5 years of related experience in SSC or COE
  • Experience in a public accounting and a commodity trading company is preferable but not required

Technical Competences

  • Strong accounting knowledge
  • SAP FICO expertise
  • Proficient in Microsoft Word, Excel, Outlook, Accounting software.
  • Understanding and practice of US GAAP and IFRS

Behavioral Competences

  • Confidentiality - Deal with sensitive and confidential matters
  • Integrity - Honest and has a high level of ethics
  • Strong Organizational Skills
  • Detail Oriented – Attention to detail
  • Teamwork - Pleasant with others, displays a cooperative attitude
  • Have "own it" culture
  • Responsive, smart & fast learner, and continuously learning and developing 
  • Positive attitude
  • Critical thinking
  • Leadership skills

Languages 

  • English fluency

Other requirement   

  • Ability to work under stress and respond to tight deadlines