Treasury Manager

About Addi

We are a technology company working to transform credit and banking in Latin America starting with point of sale finance. We aim to build fair, simple, and affordable financial services that empower our clients, treat them with dignity, and build financial freedom. We launched in February 2019 and have already served millions of clients and disbursed millions of dollars.

We operate as a full-stack startup. We have built our core systems and processes from scratch, and we believe our technology and analytics platform will drive our progress in the years to come. We come at this with deep experience building and growing technology teams and financial products. As important as what we do is how we do it. We are a conscious company and are deeply committed to working and living our five core values - A company of owners inspiring colleagues, we pull rabbits out of hats, we care and we trust, act with integrity, win today every day, and scale exponentially.

We are backed by Andreessen Horowitz, Monashees, Village Global, and an outstanding team of individual angels, including Kevin Ryan, Josh Abramowitz, and Scott Weiss.

What you will do

• Upgrade treasury processes and establish controls to mitigate risks by implementing a Treasury Management System, manage daily cash forecast and cash flows and improve forecast accuracy, implementing Colombian regulatory frameworks for treasury and ensure its compliance.

• Maintain a precise daily cash flow forecasting model that reaches at least 98% accuracy in predicting inflows and outflows for the short-term (1 week to 2 months), as accurate cash visibility is a must for decision making in our business.

• Successfully implement a Treasury Management System that integrats with NetSuite, automate key processes (including daily cash flow forecast, payment runs for supplies as well as payroll)*and cash flow reporting, track compliance and process payments. This is a key requirement as the company evolves to a regulated entity.

• Improve treasury operations and systems by designing company policies and enforce treasury controls to ensure 100% compliance with internal and regulatory standards.

• Ensure timely and accurate regulatory reporting with 100% compliance with Colombian financial regulations and audit requirements (including their integration within the TMS) and draft all relevant procedures and manuals. As the processes currently are manual, must perform a comprehensive 360-degree review and propose improvements and changes in processes, systems, and personnel.

Requirements

Must Haves:

• Treasury expertise in regulated entities:

  • Minimum of 5 years of treasury experience in a bank or regulated financial institution/fintech in Colombia.

  • Deep understanding of regulatory requirements, including cash flow controls, compliance and reporting, investment restrictions and essential processes.

  • Experience working with ERP platforms.

• TMS knowledge:

  • Experience in managing a Treasury Management System within a regulated entity in Colombia.

  • Familiarity with integrating TMS tools with accounting systems and ensuring seamless automation of treasury functions.

  • Having implemented a TMS is a huge plus.

• Cash flow management and forecasting:

  • Proven ability to build/manage detailed cash flow forecasting models.

  • Experience analyzing trends to optimize working capital and ensure adequate liquidity under varying scenarios.

• Controls and risk management:

  • Experience in designing and/or enforcing internal controls to manage risks within a regulated entity treasury.

  • Ability to identify and mitigate operational inefficiencies and financial risks through structured policies.

Benefits

• Work on a problem that matters and help change customers’ lives.

• Build a lasting company from the very beginning, helping define every aspect of it.

• Massive market opportunity ahead of us; we are growing faster than pretty much any other fintech lender was at our stage.

• Work alongside a great and diverse team that cares about what we are doing and how we are doing it.

• Generous compensation, including equity, 100% health insurance (and 100% for dependents), flexible time-off, and learning budget.

How the hiring process looks like

• Meet with our recruiter for a 30-minute video chat. We will get to know you better, understand what you’re looking for, and answer any questions you might have about ADDI.

• Meet with our CFO for a 45-minute video chat interview. Here, we will ask you questions about your technical background and experience. You will be able to ask any questions about the culture and how we work at AddiI.

• Complete a Business Case within a 1-week window and present it to our VP of Capital Markets and CFO in a 60 mins interview.

• Meet with one of our founders for a 30-minute chat to talk about the vision of the company, what we are building, and how you will contribute to our product.