Manager, Treasury Governance and Assurance

Safaricom PLC is a leading telecommunications company in Kenya, founded in 1997.

The Manager, Treasury Governance and Assurance, is a key role within Safaricom's Group Treasury, responsible for establishing and maintaining robust governance, assurance, and financial validation frameworks. This position acts as an independent quality gate, meticulously reviewing and challenging treasury data, liquidity analyses, cash flow forecasts, working capital reports, and key performance indicators. The role ensures that all treasury activities adhere to approved policies, risk appetites, delegated authorities, and regulatory standards, while also driving the adoption of digital tools and AI-enabled solutions for proactive oversight and enhanced transparency. The manager will own the Group Treasury governance framework, control framework, policy stewardship, and audit readiness, ensuring compliance and continuous improvement.

1. Uphold the company code of conduct, policies, and procedures, ensuring integrity and accountability.
2. Adhere to safety, health, and wellbeing policies, guidelines, and procedures.
3. Develop and maintain treasury governance frameworks and operating standards.
4. Review and update treasury policies, procedures, and delegated authority frameworks.
5. Ensure treasury activities are aligned with approved governance requirements.
6. Monitor compliance with treasury mandates, limits, and delegated authorities.
7. Establish treasury governance performance measures and reporting standards.
8. Drive policy awareness and adoption across treasury teams and stakeholders.
9. Support implementation of governance improvements arising from audits and reviews.
10. Benchmark treasury governance practices against industry standards and drive continuous enhancements.
11. Coordinate governance and oversight of Safaricom Ethiopia treasury activities, including shareholder funding, intercompany funding, and compliance with Group Treasury standards.
12. Govern treasury activities across other subsidiaries.
13. Manage treasury operational risk and control framework, registers, and remedial plans.
14. Monitor compliance with liquidity, funding, investment, and market risk limits.
15. Review treasury control design, operating effectiveness, segregation of duties, and control evidence.
16. Coordinate periodic control self-assessments, risk reviews, and follow-up of control weaknesses.
17. Monitor key risk indicators and emerging risks.
18. Support treasury scenario analysis and stress testing exercises.
19. Drive continuous improvement of treasury control environments and promote financial discipline.
20. Act as Treasury’s independent quality gate by validating treasury analysis, reporting, and governance submissions.
21. Validate liquidity forecasts, cash flow models, funding requirements, and working capital reporting.
22. Review liquidity positions, headroom, cash buffers, and funding capacity across the Group.
23. Challenge forecasting assumptions, scenario analysis, stress testing, and contingency funding plans.
24. Validate investments, funding utilization, debt maturity profiles, covenant compliance, and refinancing risk reporting.
25. Review Treasury KPIs, dashboards, Board papers, ExCo packs, and Treasury Committee submissions.
26. Govern facilities, guarantees, shareholder funding, and related treasury registers and documentation.
27. Monitor compliance with treasury policies, regulatory requirements, and reporting obligations.
28. Coordinate treasury responses to regulatory reviews and examinations.
29. Manage treasury audit engagements and control testing activities.
30. Track closure of audit findings and control remediation actions.
31. Maintain evidence supporting treasury governance and compliance requirements.
32. Monitor regulatory developments affecting treasury operations and coordinate implementation.
33. Promote a culture of compliance and accountability across treasury teams.
34. Develop and maintain treasury governance, risk, and control reporting frameworks and dashboards.
35. Prepare governance reporting for management, executive, and governance forums.
36. Monitor performance against governance and control standards and provide insights.
37. Escalate governance breaches and material control weaknesses.
38. Support decision-making through risk and governance insights.
39. Maintain transparency and visibility of treasury risk exposures.
40. Drive automation of treasury controls and compliance monitoring activities.
41. Support implementation of treasury management systems and governance tools.
42. Leverage analytics to improve control effectiveness and risk visibility.
43. Develop digital dashboards for treasury governance reporting.
44. Promote standardized treasury processes across the Group.
45. Support ERP and treasury system integration initiatives.
46. Enhance data governance and data quality management practices.
47. Identify opportunities for AI-enabled treasury risk monitoring.
48. Drive continuous innovation and modernization within treasury governance.
49. Serve as secretary and coordinator for treasury governance forums where required.
50. Support preparation of committee papers and governance submissions.
51. Engage internal stakeholders on treasury governance requirements.
52. Coordinate with Risk, Internal Audit, Compliance, and Finance teams.
53. Maintain relationships with regulators, auditors, and external partners.
54. Support governance decision-making through quality analysis and recommendations.
55. Facilitate risk and governance awareness sessions.
56. Coordinate treasury governance reviews across subsidiaries.
57. Promote alignment between treasury strategy, risk management, and governance objectives.

1. Bachelor’s Degree in Finance, Accounting, Economics, Risk Management, Business Administration, or a related field.
2. Professional qualification such as CPA(K), ACCA, CFA, FRM, CISA, ACT, or equivalent is preferred.
3. Minimum of 5–7 years of experience in treasury, financial controls, risk management, audit, compliance, or governance.
4. Strong understanding of treasury operations, liquidity management, funding, and financial risk management.
5. Experience in designing and implementing governance, risk, and control frameworks.
6. Knowledge of regulatory requirements applicable to treasury and financial institutions.
7. Experience with treasury management systems, ERP platforms, and governance reporting tools.
8. Strong analytical, stakeholder management, and problem-solving capabilities.
9. Advanced skills in data analytics, reporting (e.g., Power BI), and control automation technologies.