WHO WE ARE

ASA International (Rwanda) Plc (subsequently referred to as “ASA Rwanda” or the Company), is a subsidiary of ASA International Holding Ltd. that is a Public Limited Company registered in Mauritius. ASA Rwanda was registered in 2014 and is licensed by Central Bank of Rwanda (BNR) as a deposit-taking microfinance institution.

The Company started operations in 2016 and is currently working countrywide with thirty-seven (37) branches. It aims specially to work for alleviating poverty through providing small, socially responsible loans to low-income entrepreneurs, most of whom are women, across the Country. The Company has a strong commitment to financial inclusion and socioeconomic progress in the country. It is to be noted that, ASA International Group Plc has established microfinance institutions in thirteen (13) countries in Asia and Africa in a bid to bring low-income people in the financial system and is listed on London Stock Exchange.

JOB PURPOSE

To manage and Coordinate the Treasury (Funding and Cash management, ALCO, Deposits, FX) Credit and risk Portfolio in the Treasury Function of ASA International Rwanda Plc.

DUTIES AND RESPONSIBILITIES

Sourcing for Funding.

• Support and manage local financing activities, including loan facilities, credit lines, and operational funding requirements.
• Prepare and submit required documentation for financing negotiations, regulatory compliance, and reporting obligations.
• Ensure full compliance with local financial laws, tax regulations, and internal audit requirements.
• Investment of idle cash to ensure that there is enough liquidity for operations.

Cash and liquidity management

• Manage cash flow forecasting, liquidity planning, financial statement analysis and investment strategies.
• Develop cash targets to support efficient liquidity management.
• Oversee cash receipt and cash disbursement processing and accounting.
• Oversee daily cash positioning activities including managing daily liquidity, cash position reconciliation and bank reporting.
• Manage excess operating cash to obtain optimum interest revenue.
• Ensure sufficient funds are available to meet ongoing operational and capital investment requirements.

Manage Bank and Partner Relationships:

• Act as the Primary Focal Points for all Banks
• Ensure that the Company Facilities with the Banks and partners are properly maintained and documented
• Negotiate and implement favorable terms on the funding Facilities and as may be required by Local or Group treasury Management
• Ensure that the Company interest is safeguarded from exposure, including but not limited to fraud and misappropriation
• Maintain the Signatory Lists as per the Group Policy both internally and with the Banks.
• Monitor Interest Rates movements and ensure fair pricing to the Company.
• Scan the market and propose new Banking and Partner Relationships that may be worth to the Company.

Banking Transactions and Balances

• Ensure that all transactions in the Banks are timely, correct and as approved.
• Ensure timely and correct capture of Banking Transactions in core banking system.
• Monitor Bank Balances to ensure optimum interest exposure
• Monitor Bank Balances to ensure funds are available to meet the Company’s requirements
• Calculate, verify and challenge Interest Costs charged by the partners and ensure correct booking in the System
• Ensure that all Banking Platforms are safe and operational

Exchange Rate Management

• Monitor Exchange Rates movement and keep Management informed of changes
• Follow on impact of Exchange Rates movements, advise Management of Hedging Requirement as per Group Policy and apply hedging where required and agreed
• Implement Cross Currency Swaps, Forwards and back-to-back financing for foreign denominated loans where applicable.
• Negotiate with Bank for appropriate rates for Foreign Exchange Transactions (Spot and/or forward)
• Implement transactions (spot and/or forward) to ensure that Company requirement in terms of foreign currency is met at the lowest costs.

Treasury Reporting

• Responsible for disseminating Treasury Reporting both internally and to the Group
• Ensure that verified and approved Management Information, debt covenants and any other such requirement are shared with the funding partners
• Report and attend the monthly Treasury call with the Group Treasury Team
• Prepare quarterly cashflow forecasts and share with Group Treasury within the specified timelines.
• Ensure that all Key Performance Indicators for Treasury are within acceptable range.

Provisions, write-offs and recoveries:

Recommend:

• Provision for bad and doubtful debts according to Group policy (ECL workings)
• Recoveries adjustments
• Bad Debt Write-offs

Risk Management

• Preparation of Asset and liability reports to be presented at the ALCO committee meetings
• Monitor interest rate, credit and liquidity risks, report on gaps and recommend actions to remedy the gaps
• Perform Stress test and scenario analysis

Key Challenges:

• Optimize company resources, updated policies, procedures, controls and reconciliation to reduce risk.
• Timely payments to both suppliers & staff
• Maintain optimum pricing from lenders

QUALIFICATIONS, SKILLS, AND EXPERIENCE:

• Bachelor’s degree in Finance, Accounting, Economics, or related field
• 3–6 years’ experience in treasury, finance, or accounting
• Cash management, forecasting, banking operations, and liquidity planning
• Treasury controls, policies, and financial risk (including FX)
• Strong analytical, communication, and stakeholder management skills
• Ability to manage multiple priorities independently and meet deadlines
• Advantage: ∙ Professional certifications (ACCA, CPA, CFA, MBA, or Treasury qualification)
• Knowledge of transfer pricing and regulatory frameworks
• Experience within business control or governance frameworks

SUCCESS IN THIS ROLE WILL MEAN

• Liquidity Optimization, Excellent cashflow planning
• Financial risks are identified, measured, and controlled effectively
• Funding & Capital Structure-Having a robust funding pipeline and a reliable access to funding at competitive terms.
• Treasury Operations & Controls-Strong Internal Controls, Accurate Reconciliations, Clean audits with no significant findings.
• Business Partnership & Strategic Value-Value Creations and Stakeholder Satisfaction.
• Upholds ASA International Rwanda’s core values, promotes teamwork and compliance, and supports management in achieving overall business objectives.

Work environment

Based at Head Office in Kigali, with occasional travel to field offices and client communities.

Fast-paced, collaborative work environment focused on impact and growth

Reporting line

The Treasury Manager shall report to the Chief Financial Officer

• Support and manage local financing activities, including loan facilities, credit lines, and operational funding requirements.
• Prepare and submit required documentation for financing negotiations, regulatory compliance, and reporting obligations.
• Ensure full compliance with local financial laws, tax regulations, and internal audit requirements.
• Investment of idle cash to ensure that there is enough liquidity for operations.
• Manage cash flow forecasting, liquidity planning, financial statement analysis and investment strategies.
• Develop cash targets to support efficient liquidity management.
• Oversee cash receipt and cash disbursement processing and accounting.
• Oversee daily cash positioning activities including managing daily liquidity, cash position reconciliation and bank reporting.
• Manage excess operating cash to obtain optimum interest revenue.
• Ensure sufficient funds are available to meet ongoing operational and capital investment requirements.
• Act as the Primary Focal Points for all Banks
• Ensure that the Company Facilities with the Banks and partners are properly maintained and documented
• Negotiate and implement favorable terms on the funding Facilities and as may be required by Local or Group treasury Management
• Ensure that the Company interest is safeguarded from exposure, including but not limited to fraud and misappropriation
• Maintain the Signatory Lists as per the Group Policy both internally and with the Banks.
• Monitor Interest Rates movements and ensure fair pricing to the Company.
• Scan the market and propose new Banking and Partner Relationships that may be worth to the Company.
• Ensure that all transactions in the Banks are timely, correct and as approved.
• Ensure timely and correct capture of Banking Transactions in core banking system.
• Monitor Bank Balances to ensure optimum interest exposure
• Monitor Bank Balances to ensure funds are available to meet the Company’s requirements
• Calculate, verify and challenge Interest Costs charged by the partners and ensure correct booking in the System
• Ensure that all Banking Platforms are safe and operational
• Monitor Exchange Rates movement and keep Management informed of changes
• Follow on impact of Exchange Rates movements, advise Management of Hedging Requirement as per Group Policy and apply hedging where required and agreed
• Implement Cross Currency Swaps, Forwards and back-to-back financing for foreign denominated loans where applicable.
• Negotiate with Bank for appropriate rates for Foreign Exchange Transactions (Spot and/or forward)
• Implement transactions (spot and/or forward) to ensure that Company requirement in terms of foreign currency is met at the lowest costs.
• Responsible for disseminating Treasury Reporting both internally and to the Group
• Ensure that verified and approved Management Information, debt covenants and any other such requirement are shared with the funding partners
• Report and attend the monthly Treasury call with the Group Treasury Team
• Prepare quarterly cashflow forecasts and share with Group Treasury within the specified timelines.
• Ensure that all Key Performance Indicators for Treasury are within acceptable range.
• Recommend: Provision for bad and doubtful debts according to Group policy (ECL workings)
• Recommend: Recoveries adjustments
• Recommend: Bad Debt Write-offs
• Preparation of Asset and liability reports to be presented at the ALCO committee meetings
• Monitor interest rate, credit and liquidity risks, report on gaps and recommend actions to remedy the gaps
• Perform Stress test and scenario analysis

• Cash management
• Forecasting
• Banking operations
• Liquidity planning
• Treasury controls
• Treasury policies
• Financial risk management (including FX)
• Strong analytical skills
• Communication skills
• Stakeholder management skills
• Ability to manage multiple priorities independently
• Ability to meet deadlines

• Bachelor’s degree in Finance, Accounting, Economics, or related field
• Professional certifications (ACCA, CPA, CFA, MBA, or Treasury qualification)
• Knowledge of transfer pricing
• Knowledge of regulatory frameworks
• Experience within business control or governance frameworks