The African Leadership University is at the beginning of a rapid growth spurt, expanding its student numbers, course offerings, and campus locations. Over the next 5-7 years, it expects its student numbers to grow from the current 360 (on one campus) to over 25,000 (distributed on perhaps 6-8 campuses and in the 'cloud’). Despite this multi-cam...

Responsibilities or duties

Cash & Liquidity Management

• Monitor and manage daily cash balances across all ALU entities and bank accounts.
• Ensure sufficient liquidity to meet operational needs while optimizing use of funds.
• Highlight funding requirements or surpluses, and proactively escalate any risks.
• Support Group Finance in developing and updating short- and medium-term cash flow forecasts.

Cash Flow Forecasting & Reporting

• Prepare and maintain monthly cash flow reports for each ALU entity
• Consolidate and report actual vs forecast cash flows at the group level, including variance analysis.
• Generate cash burn analysis and dashboards to support financial planning and decision-making.

Banking Operations & Payment Processing

• Initiate and manage domestic and international payments, including vendor payments, payroll disbursement, intercompany transfers, and statutory remittances.
• Reconcile all bank accounts on a regular basis and resolve variances promptly.
• Support bank account setup, maintenance, and mandate updates.
• Maintain secure and compliant use of online banking platforms.

Intercompany & Treasury Accounting

• Track and reconcile intercompany transactions across ALU entities.
• Ensure accurate posting of treasury-related transactions and month-end entries in the general ledger.
• Maintain schedules and supporting documents for treasury-related balance sheet accounts.

Debt and Cash investment management

• Monitor and manage the organization’s short-term and long-term debt obligations, ensuring timely interest and principal payments.
• Track compliance with loan covenants and maintain accurate debt schedules.
• Support evaluation of new debt facilities or restructuring opportunities as ALU grows.
• Proactively manage idle cash by identifying low-risk investment opportunities in line with ALU’s investment policy.

Internal Controls & Process Management

• Enforce strong internal controls over cash management, payment approvals, and banking access.
• Regularly review and improve treasury-related SOPs and workflows to increase efficiency and reduce risk.
• Assist in building treasury processes that scale with ALU’s growth and maintain audit readiness

Donations Recording & Reconciliation

• Record all incoming donations (grants, gifts, restricted and unrestricted funds) in accordance with donor agreements and accounting standards.
• Ensure accurate classification of donations by source, restriction type, and purpose.
• Reconcile donation receipts with bank statements and maintain comprehensive audit trails.
• Collaborate with the Development, Partnerships, and Programs teams to ensure proper documentation and reporting of funds received

External Stakeholder Management

• Serve as the key point of contact for ALU’s banking partners.
• Coordinate with tax authorities, auditors, and other financial service providers.
• Support external and internal audits by preparing documentation and responding to queries.

Cross-Functional Support

• Collaborate with HR, Operations, and other departments on treasury impacts (e.g., payroll, grants, program funding).
• Assist the Finance team with treasury-related analysis and special projects.

Qualifications or requirements (e.g., education, skills)

REQUIRED EXPERIENCE

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA, ACCA, or other relevant professional certification is an added advantage.
• Strong knowledge of accounting principles and financial regulations.
• Proficiency in accounting software (e.g., QuickBooks, SAP,, NetSuite or similar ERP systems).
• High level of accuracy, attention to detail, and strong analytical skills.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.

Experience needed

4+ years of experience in Treasury, cash management and finance.

• Monitor and manage daily cash balances across all ALU entities and bank accounts.
• Ensure sufficient liquidity to meet operational needs while optimizing use of funds.
• Highlight funding requirements or surpluses, and proactively escalate any risks.
• Support Group Finance in developing and updating short- and medium-term cash flow forecasts.
• Prepare and maintain monthly cash flow reports for each ALU entity
• Consolidate and report actual vs forecast cash flows at the group level, including variance analysis.
• Generate cash burn analysis and dashboards to support financial planning and decision-making.
• Initiate and manage domestic and international payments, including vendor payments, payroll disbursement, intercompany transfers, and statutory remittances.
• Reconcile all bank accounts on a regular basis and resolve variances promptly.
• Support bank account setup, maintenance, and mandate updates.
• Maintain secure and compliant use of online banking platforms.
• Track and reconcile intercompany transactions across ALU entities.
• Ensure accurate posting of treasury-related transactions and month-end entries in the general ledger.
• Maintain schedules and supporting documents for treasury-related balance sheet accounts.
• Monitor and manage the organization’s short-term and long-term debt obligations, ensuring timely interest and principal payments.
• Track compliance with loan covenants and maintain accurate debt schedules.
• Support evaluation of new debt facilities or restructuring opportunities as ALU grows.
• Proactively manage idle cash by identifying low-risk investment opportunities in line with ALU’s investment policy.
• Enforce strong internal controls over cash management, payment approvals, and banking access.
• Regularly review and improve treasury-related SOPs and workflows to increase efficiency and reduce risk.
• Assist in building treasury processes that scale with ALU’s growth and maintain audit readiness
• Record all incoming donations (grants, gifts, restricted and unrestricted funds) in accordance with donor agreements and accounting standards.
• Ensure accurate classification of donations by source, restriction type, and purpose.
• Reconcile donation receipts with bank statements and maintain comprehensive audit trails.
• Collaborate with the Development, Partnerships, and Programs teams to ensure proper documentation and reporting of funds received
• Serve as the key point of contact for ALU’s banking partners.
• Coordinate with tax authorities, auditors, and other financial service providers.
• Support external and internal audits by preparing documentation and responding to queries.
• Collaborate with HR, Operations, and other departments on treasury impacts (e.g., payroll, grants, program funding).
• Assist the Finance team with treasury-related analysis and special projects.

• High level of accuracy, attention to detail, and strong analytical skills.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• Strong knowledge of accounting principles and financial regulations.
• Proficiency in accounting software (e.g., QuickBooks, SAP,, NetSuite or similar ERP systems).

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA, ACCA, or other relevant professional certification is an added advantage.