Group Treasurer

Summary

This is a Group-level treasury role within the CFO office, accountable for liquidity, cash and FX management, banking and counterparty relationships, merchant settlement and payout funding, escrow and safeguarding of client money, capital and funding, and treasury risk and controls across all entities. In a PSP, treasury sits at the heart of the settlement engine — the role must guarantee that merchant payouts are funded on time, every day, while protecting client funds and optimising the Groups cash.

The successful candidate combines deep treasury and banking expertise with a strong understanding of payments economics (settlement cycles, scheme funding, merchant float) and a bias to automate — building bank-API, Python and AI-assisted workflows that turn cash positioning, forecasting and payout-funding monitoring into controlled, low-touch processes.

Key Responsibilities

Liquidity & Cash Management

• Own daily Group cash positioning across all entities, banks and currencies; maintain a rolling 13-week cash-flow forecast and ensure sufficient, correctly-located funding for merchant payouts and operating needs at all times.
• Manage merchant settlement and payout funding — ensure daily / T+n merchant payouts across KSA, UAE, Egypt and other markets are funded on time; pre-empt and resolve funding gaps before they delay payouts.
• Optimise cash through concentration, sweeps, intercompany funding and short-term placements, balancing return against same-day operational liquidity.

Banking & Counterparty Relationships

• Own relationships with settlement, acquiring and sponsor banks across jurisdictions; negotiate fees, facilities, account structures and value-dating to improve cost and speed of funds.
• Manage the full bank-account lifecycle — opening, closing, mandates, signatories, e-banking entitlements and KYC — and maintain a clean account map across the Group.
• Monitor counterparty credit exposure to banks, acquirers and partners, and escalate concentration or credit-quality risks.

FX & Interest-Rate Risk

• Manage multi-currency exposure (SAR, AED, EGP, USD and others), including settlement FX arising from cross-border processing; hedge transactional and balance-sheet risk within an approved policy.
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  Manage interest-rate exposure and the yield on surplus and escrow balances; execute placements and basic hedging instruments under defined mandates.

Escrow, Safeguarding & Settlement

• Manage the Groups escrow and safeguarding structures (e.g. the single UAE escrow with KSA and Egypt sub-escrows) and client-money / safeguarding accounts, ensuring merchant funds are segregated and ringfenced per regulator requirements.
• Oversee reconciliation of settlement, nostro and escrow accounts; ensure funds movements between collection, settlement and payout accounts are controlled and fully traceable.
• Support the wording and operation of escrow and bank agreements, including VAT-refund and withholding-tax considerations.

Funding, Capital & Investment

• Support capital raises and funding rounds — manage drawdowns, debt and overdraft facilities, covenant tracking and lender / investor reporting; invest surplus cash within policy.
• Partner with Finance and Compliance to maintain regulatory capital, liquidity and safeguarding requirements with the relevant regulators (e.g. SAMA, CBUAE, CBE, CBB).

Treasury Risk, Controls, Policy & Reporting

• Develop and maintain treasury policy, dealing mandates, exposure limits and approval matrices; enforce segregation of duties and dual controls over all payments and funds movements.
• Produce treasury reporting and dashboards for the CFO and Board — liquidity, cash forecast, payout-funding status, FX position and counterparty exposure.
• Support internal and external audit and regulatory reporting; own treasury / banking platforms and ensure a clean control and evidence trail.

Treasury Automation & Systems (cross-cutting)

• Automate cash positioning, bank-statement aggregation, forecast building and payout-funding monitoring using bank APIs / host-to-host feeds, Python (pandas) and AI-assisted tooling (e.g. Anthropic Claude).
• Integrate treasury data with Xero, PT2 and reconciliation engines to give a single, near-real-time view of Group cash and settlement positions.

Key Competencies/Skill sets

Essential

• Bachelors degree in Finance, Accounting, Economics or equivalent; treasury or finance qualification (ACT / AMCT / CTP, CA, CPA, ACCA or CFA) strongly preferred.
• 8+ years treasury experience, including multi-entity, multi-currency cash and liquidity management and ownership of a Group cash position.
• Deep understanding of merchant settlement and payout funding — settlement cycles, nostro and settlement accounts, merchant float, and escrow / safeguarding of client money.
• Hands-on cash-flow forecasting (rolling 13-week), FX and interest-rate risk management, and use of basic hedging and placement instruments.
• Strong banking relationship management and facility / fee negotiation across the GCC and emerging markets.
• Working knowledge of PSP / EMI regulatory frameworks (e.g. SAMA, CBUAE, CBE, CBB) covering safeguarding, capital and liquidity requirements.
• Advanced Excel, strong controls and audit discipline, and experience operating a TMS or bank-portal environment.
• Fluent written and spoken English, with the ability to communicate clearly with banks, regulators, the Board and entity finance teams.

Strongly Preferred — Payments, Automation & AI

• Payments / PSP / acquiring depth — settlement and scheme funding, interchange and chargeback funding, and the cash mechanics of a payment-orchestration business.
• Treasury automation — bank APIs / host-to-host connectivity, Python (pandas) for cash positioning and forecasting, and AI tools (Anthropic Claude preferred) for treasury reporting and commentary.
• Experience implementing or running a Treasury Management System (e.g. Kyriba or equivalent) and BI tools (Power BI) for cash and exposure dashboards.
• Capital-raise, investor-reporting or debt-facility experience in a high-growth / fintech environment.