Khazna was founded in 2019 with a mission to improve the financial well-being of the underbanked, who have little access to formal financial services by providing access to convenient, effective, and secure smartphone-based financial services. Khazna has received the Central Bank of Egypt’s first prepaid card license and aims to become the go-to neo
bank for underbanked mid-to-low-income consumers across the Middle East. In the next phase of its journey, Khazna is looking to continue scaling up its operations in Egypt and to launch its operations in Saudi Arabia.
We are consistently on the lookout for rock stars to help us solve for financial inclusion.
Job Description
- Build and maintain relationships with banks, financial institutions, rating agencies, etc., and help drive financing discussions at the corporate level.
- Diversify funding sources (Bank debt, NBFIs, securitization, etc.) and improve the cost of funding for Khazna.
- Define and execute Khazna’s cash management strategy to support strategic and organizational goals and objectives.
- Build and maintain cash flow forecasting models in collaboration with FinOps and commercial teams and identify and actively monitor key treasury metrics.
- Work with FinOps and Accounting to identify and manage day-to-day cash needs for inter-company transactions, accounts payable, payroll, tax, debt, and other financial obligations.
- Work closely with our commercial and strategy teams to develop a deep understanding of day-to-day liquidity requirements and drive an optimal funding strategy for various products.
- Oversee day-to-day cash management in various currencies and with counterparties that hold our balances.
- Provide input on capital structure optimization (overall leverage ratio) and capital allocation decisions
- Provide input on cost of funding to Pricing Committee and support pricing discussions
- Maintain covenants and covenant forecasts for various debt vehicles.
Qualifications
- Bachelors degree in business/science major, CTP is not required but a plus
- 6+ years of banking/treasury experience at a financial institution or a corporate
- Demonstrated existing relationships with financial institutions
- Experience in managing large teams/units
- Long terms association in delivering high standard quality of service
