Jobs > Treasury Manager

Treasury Manager

Filled - Applications closed

This role is no longer open. This listing is preserved for reference.

Who is Procuret?

Procuret is a fintech building innovative and smart technology to provide a fast, frictionless & cashflow efficient way for clients to pay with certainty, whilst helping Suppliers sell more and get paid sooner.

Embedded into existing invoicing or e-commerce processes, Procuret quickly facilitates business clients seeking to pay in instalments, with ease and certainty, while a supplier is paid upfront. The experience is branded to the supplier, ensuring a unified experience for clients, empowering suppliers with additional sales capability.

Procuret is built by a team of financial services and technology professionals. With decades of experience within the SMB lending industry as well as technology development, the team offers deep domain knowledge.

Three things to know about us

Our vision is to revolutionise the way small & medium size businesses (“SMBs”) pay for purchases.

Our core product is a digital 'Pay in Instalments' option that is swift and secure, allowing business customers to transact in minutes.

We have a niche focus in professional and essential services areas of the SMB market where credit options are slow, inconvenient, manual and capital intensive.

Who are we looking for?

As a growing Fintech, we’re looking for an energetic and passionate Portfolio Risk & Treasury Manager to collaborate with funders, assist with capital management and help us optimise portfolio and credit quality.

An amazing Customer experience is important to us, so being able to fund market leading products, whilst maintaining a quality portfolio and evolve our credit algorithm to reach more Customers is essential.

One of our values at Procuret is that we do everything we can to transform the Customer’s business for the better! Maintaining portfolio quality and performance underscores our ability to remain competitive!

The Portfolio Risk & Treasury Manager will be responsible for ensuring compliance with debt and investor facilities, special purpose vehicle financial reporting and cash management. This person will drive value and improvements in portfolio quality and return on cash; from partner onboarding, Customer eligibility criteria, post transaction engagement, early stage collections and renewal opportunities.

The role will require working closely with external funders, legal, finance and accounting. Someone who can respect Customer information, operate with integrity and abide by the regulatory requirements of our business.

What your day will look like:

• Monitor and maintain portfolio quality against eligibility criteria
• Prepare and manage drawdown requests with external funders
• Cash forecasting and identify and execute opportunities to optimise cash cycle
• Help drive positive change throughout the business by identifying and solving process issues and proposing next level process improvements
• Managing security registers, PPSR, optimising restricted cash, conducting portfolio and transactional audits to ensure compliance with financial regulatory requirements and funder requirements
• Work closely with the executive team to analyse portfolio performance and improve algorithm based on different variables, data and proof points
• Any other responsibilities or duties as required from time to time by the Chief Executive

This role will carry key performance indicators together with other principle-based criteria, including Instalment Plan renewals, new product adoption and customer dial-ups.

You will succeed in this role if you are:

• An excellent communicator with an energy to solve problems.
• A collaborator who’s passionate about working in a team, sharing their knowledge and supporting their peers.
• Numerate with good practical knowledge of risk and return at the transaction and portfolio level
• Proven to operate well in a team engagement and be able to roll sleeves to help the broader business solve complex problems
• Empathetic and can put yourself in the customer's shoes.
• Adaptable and comfortable taking the initiative.

Your minimum Qualifications

• 3+ years in a treasury, commercial credit management, or fast paced credit underwriting or credit analytics role.
• Good understanding of early stage receivables management, provisioning methodology, general accounting or book-keeping and cash management 
• A track-record of working in small teams to achieve great outcomes.
• Experience in building and delivering impactful presentations to business leaders and decision-makers.
• Good understanding of fintech or the B2B payment landscape is a huge plus.
• Good negotiation and influencing skills
• Intermediate to Advanced Excel, PowerPoint skills and use of cloud based systems.
• A problem-solver who loves to deliver high quality support, someone who cares.

What do we offer?

Competitive salary packages.

Supportive environment and opportunity to make a difference.

Fun team to work with and some social events (Post COVID 19)

How to apply for this Job

Applications closed

This role is no longer open. The listing is preserved for reference.

Please write to us at join@procuret.com, including a Curriculum Vitae and any other material you wish to include to support your application.