Lemonade Finance

About our Company

Lemonade Finance (YC S21) is building the neobank for African diaspora in North America & Europe. We provide our users with a multi-currency account that allows them to hold, send, and receive money from Africa in any currency for their business and personal banking needs.

We are a fast-paced startup with entities in the UK, USA, Canada and Nigeria and you would be required to familiarize yourself with necessary statutory and regulatory requirements in these locations.

Job description:-

The Group Treasury Manager is responsible for the development, implementation, and continuous enhancement of the company’s treasury strategy, as well as forming and building out the Treasury Team as the need arises. You will be responsible for coming in and taking ownership of the full orchestration of cash and treasury management. Core to this role will be looking at the daily treasury snapshot and directing the company’s traders and partners to ensure daily liquidity needs are met.

The role includes taking charge of daily projections, identifying pacing and currency needs for the various countries the company operates, implementing efficient cash management controls, security and access, FX conversion management.

What You'll be Doing:-

  • Develop a Group treasury management policy and refine it as required to meet local restrictions on the movement of local and foreign currency
  • Implement reporting structures to effectively communicate cash status, cash forecasts and provide near real time views of cash resources across the company
  • Implement process to reduce currency and conversion risk
  • Develop strong working relationships with business, finance and operation leadership across the organization to collaborate on treasury matters affecting the operations
  • Actively engage in financial reporting processes and advise on the cost impact of processing, settlements and conversions
  • Review processing setups for merchants relative to settlement setup and report on exceptions and inefficiencies to the CFO and CEO
  • Daily treasury report, consisting of cash flow forecast (operational and merchant), to ensure daily treasury needs are met.
  • Weekly cash status on all the 7 subsidiaries – this will need to evolve to a daily automated report
  • Monthly report on costs relating to processing, settlements and conversion, broken down per country and comparing to previous month/year and budget with proposed improvements
  • Reporting as required by the executive committee


  • Minimum of 5 years' experience in finance and treasury
  • Strong understanding of daily forecasting
  • Strong overall financial and treasury knowledge, specifically treasury knowledge dealing with limitations on cross border transfers and local restrictions (Nigeria/Ghana/Kenya/South Africa)
  • Experience in implementing treasury processes, systems and building out departments
  • Experience in managing complex treasury systems spanning multiple legal jurisdictions
  • Strong leadership and organizational skills
  • Excellent work ethic, flexible and resilient
  • Inspires confidence and create trust
  • Pro-active problem solver that embraces daily challenges
  • Strong time management with key attention to detail