Treasury Lead

About Africorp Group

Africorp is a multi-entity, multi-currency specialty commodity trading group sourcing and exporting agricultural commodities from different origins to international markets. The group operates across Sudan, UAE, Tanzania, UK, Qatar, and Turkey—eight currencies, six countries—and is actively expanding into new markets and products.

Role Summary

We are looking for an experienced Treasury Lead to own day-to-day treasury operations across the group's entities, currencies, and bank accounts. This is the operational owner of cash, FX, banking, and financing administration. You will hold full responsibility for daily cash visibility, foreign-exchange exposure, banking operations, and financing administration, and will build the foundation for the group's planned expansion into trade finance facilities.

You will report to the CFO and work closely with the Finance Manager to coordinate cash operations across entities.

Key Responsibilities

· Own daily cash position across all entities, banks, and currencies; maintain a group treasury dashboard

· Prepare weekly cash-flow forecasts and monthly liquidity forecasts; flag funding needs ahead of trade cycles (60–120 days)

· Identify liquidity gaps early and coordinate funding with banks

· Manage bank accounts, KYC, online banking access, signatories, and mandates across all jurisdictions

· Prepare and execute payment runs against the group payment calendar (approval remains with management)

· Serve as day-to-day bank contact; process inter-entity transfers in the ERP

· Monitor and optimize cash conversion cycle metrics (DSO, DPO, inventory days)

· Analyze receivables and payables aging; identify opportunities to accelerate collections or optimize supplier payment terms

· Work with Finance Manager to recommend working capital improvements that free up cash for operations or reduce financing needs

· Forecast seasonal working capital swings and coordinate funding to support trading cycles

· Maintain the group FX exposure register; execute approved conversions and track gains/losses

· Report material currency movements to the CFO; track transfer fees and FX costs by corridor

· Support the CFO in implementing hedging strategies to protect against FX, commodity price, and interest rate exposures

· Monitor hedging performance and costs across the group

· Administer Islamic financing facilities (Murabaha, Musharaka): profit calculations, drawdowns, settlements

· Monitor and help fulfill banking covenants on all financing arrangements

· Support the CFO in implementing and managing trade finance instruments (documentary credits, receivable/supplier/export/import finance)

· Build documentation and controls to operate financing and trade finance facilities effectively

· Prepare monthly treasury reconciliation and working-capital reporting

· Handle export/currency-repatriation documentation; maintain audit-ready records

Required Qualifications

· 5–10 years of progressive experience in treasury, corporate banking, or a closely related finance function.

· Demonstrated ownership of cash and treasury operations across multiple currencies and multiple bank accounts.

· Practical experience with FX exposure management.

· Experience with trade finance instruments (Letters of Credit, documentary collections, international payments) or a strong desire and aptitude to build this quickly.

· Experience with, or strong familiarity with, Islamic finance structures (Murabaha, Musharaka) is highly valued.

· Strong reconciliation and bookkeeping discipline, with comfort in accounting software/ERP systems and spreadsheets.

· High accuracy, organization, and the ability to manage time-sensitive payment and reporting deadlines independently.

· Bachelor's degree in Accounting, Finance, or a related field; professional certification (e.g., CTP) preferred.

· Languages: English (mandatory); Arabic (preferred).

Preferred Qualifications

· Experience in commodity/trade finance.

· Experience operating in challenging or frontier environments, including familiarity with parallel-market FX dynamics and local banking and export-reporting requirements.

· Familiarity with Odoo (or comparable ERP) and with SAP Treasury or similar treasury systems.

Pay: AED8,000.00 - AED10,000.00 per month

Work Location: In person