- Position Title: Treasury Manager
- Advert Reference: Not Provided
- Number of Vacancies: 1
- Location: Nairobi, Kenya
- Employment Type: Full-Time
- Application Deadline: 20th January 2026
- Category/Department: Banking, Finance, Accounting, Audit, Treasury
- Salary Expectation: Estimated KSh 200,000–350,000 gross monthly (inclusive of benefits where applicable). This estimate is based on market rates for Treasury Manager roles within financial services and microfinance institutions in Nairobi, referencing Glassdoor/PayScale benchmarks and comparable ASA International markets. Actual remuneration is set by ASA International Kenya Limited and may vary; this is an independent approximation to guide expectations and negotiation – no legal implication intended.
Introduction
The Treasury Manager role at ASA International Kenya Limited offers a high-impact opportunity for a seasoned finance professional to lead funding, liquidity, FX, and risk management within a growing regional financial services group. This Treasury Manager position is ideal for candidates with strong analytical capability, hands-on treasury operations experience, and the ability to partner with senior leadership to optimize capital structure and liquidity.
As Treasury Manager, you will oversee funding strategies, cash management, ALCO reporting, and foreign exchange exposure while ensuring compliance with local regulations and group treasury policies. If you are seeking a strategic treasury leadership role within a multinational organization operating across East Africa, this Treasury Manager opportunity presents a compelling next step.
About ASA Limited Kenya (ASA International)
ASA International operates across Tanzania, Uganda, Kenya, Rwanda, and Zambia, delivering inclusive financial services to underserved communities. The group began operations in Kenya and Uganda in 2013, expanded to Tanzania in 2014, and Rwanda in 2016. ASA International Kenya Limited is part of a globally governed organization with strong treasury controls, risk frameworks, and funding partnerships. The institution emphasizes prudent financial management, regulatory compliance, and sustainable growth across its markets.
1. Treasury Manager (Nairobi – 1 Post)
Brief Overview:
The Treasury Manager will manage and coordinate the Treasury function, including funding and cash management, ALCO reporting, deposits, FX management, credit and risk portfolio oversight, ensuring optimal liquidity, pricing, and compliance.
Key Responsibilities
Principal Accountabilities – Treasury
- 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 Management
- Funding plan preparation, updates and analysis of funding prices to obtain optimal pricing.
- Daily Cashflow monitoring by maintaining a balance between liability settlement and collections.
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 AMBS/T-24.
- 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.
Requirements for Appointment / Qualifications
- Degree in Commerce or Finance or Banking, and Treasury Qualification.
- ACCA/ CPA or MBA or Treasury Qualifications are an advantage.
- Treasury policies, procedures & controls.
- Minimum of 3–6 years’ experience in treasury management, finance, or accounting roles.
- Manage cash, forecast, plan cash flow.
- Banking transactions.
- Transfer Pricing Policies & Laws.
- Risk & Forex exposure.
- Business Control framework.
- Ability to manage multiple priorities and deliver under tight timelines.
- Analytical mindset.
- Strong stakeholder management and communication skills across senior leadership levels.
- Good interpersonal & communication skills with excellent customer service.
- A team player with the drive to improve performance.
- Ability to work independently under minimum supervision.
Terms of Service
- Full-Time Employment
Apply for Treasury Manager at ASA Limited Kenya (ASA International) – Deadline 20th January 2026
How to Apply
Interested and qualified candidates should forward their CV to the email address below, clearly indicating “Treasury Manager” as the subject of the email:
Apply via Email: careers@asa-ke.com
ASA International Kenya Limited is an equal opportunity employer and encourages applications from all qualified candidates.
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