Financial Advisor at Paelyt

⏲ Aug 17, 2021, 4:37 PM
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Paelyt is an innovative financial services company (payments, loans, and savings), and technology solutions provider. We possess several money lending products, including Traders/agents, Device financing, Supplier financing, Salaries, etc. Our payment platform, Paytrx, facilitates seamless and secure payments across several online and offline channels. Through partnerships with clients our solutions are functional at key banks and financial institutions. Our primary focus is on business-to-business (B2B) and business-to-business-to-customer(B2B2C) financial services.

We are recruiting to fill the position below:

Job Title: Financial Advisor

Location: Lekki Pennisula, Lagos
Employment Type: Full-time

Summary

The Financial Advisory & Treasury Manager will be responsible for treasury and cash flow management, manage foreign exchange exposure, lead internal financial advisory projects, and lead fundraising efforts.
The manager will also be responsible for managing subordinates in the achievement of the department’s goals.

Job Responsibilities
Treasury:

Manage cash flow of the company; ensure liquidity to satisfy debts as they fall due and fund budgeted goals
Carry-out treasury risk management
Produce treasury reports as required
Manage the working capital of the company

Foreign exchange, insurance and related risk management:

Manage foreign currency risk and ensure currency diversification
Establish minimum insurance coverage requirements
Manage procedures to secure competitive insurance rates
Monitor currencies and interest rates
Update hedging strategy and risk mitigation measures to manage FX/interest rate
Execute hedging transactions

Financial advisory:

Develop and execute framework for deal management (origination, structuring, execution, management, etc.)
Support the continuous improvement of the company by proffering and implementing solutions to achieve financial targets
Assess investment opportunities, and develop business cases
Manage investment process
Manage investments
Develop and implement debt and/or equity fund raising strategies
Develop and implement fund raising strategies for different fund classes e.g. (debt, equity, mezzanine, etc.)
Develop investor related documents (e.g., investment teasers, investor decks, information memorandums etc.)
Develop financial models for the company; update 5-year forecast of the company on a quarterly or bi-annual basis
Perform valuation of the company as required
Oversee the due diligence and conditions precedent to investment process
Always seek to optimize the capital structure of the company; ensure low cost of capital
Support budgeting process
Provide financial advisory to the different product teams and other departments that may require it
Assist with setting up financial key performance indicators across the organization and reviewing them on a frequent basis

Fundraising:

Build and maintain a healthy pipeline of prospective investors
Source funds from investors
Lead negotiations with investors
Manage relationship with investors including having frequent meetings, developing and sharing investor reports etc.

Others:

Supervise subordinates in achieving the department’s goals
Perform other functions as may be required by the company
Goal setting

Required Qualifications

First Degree or equivalent in a credible university with at least a 2.1 degree
Postgraduate/professional qualification in a numerate field or an MBA will be an added advantage
ACCA or CFA qualification is a plus
Minimum of eight (8) years’ relevant work experience, with at least two (2) years in a managerial role, leadership and credit risk management

Skiils:

Good knowledge of the finance industry
Understanding and experience of treasury accounting including FX, liquidity, cashflow and various financial instruments
Advanced computer software skills, including Excel and other accounting packages
Strong strategic and analytical orientation
Highly developed collaborative nature
Attention to details
Investment banking, financial advisory, private equity or venture capital experience
In-depth understanding FinTech business and products
Hands on experience with key stakeholders’ engagement and deals origination and closure
Strong negotiation skills
Excellent relationship management skills
Knowledge of finance, accounting, budgeting, and cost control principles
Ability to analyze financial data and prepare financial reports, plans, and projections
Understanding and experience of treasury accounting including FX, liquidity, cashflow and various financial instruments
Good Management abilities