Role summary
The Premium Cash Officer in Lilongwe, Malawi, is responsible for managing liquidity operations, including controlling access to the cash safe, performing daily reconciliations, and ensuring accurate recording of cash transactions in the treasury system. This role involves managing cash flow, coordinating with the head office for fund requests, and overseeing the receipt and dispatch of cash via the CIT team. The officer must adhere to cash management policies, escalate issues, and support agents and customers with immediate assistance. A bachelor's degree in accounting, finance, or a related field, along with 2+ years of experience in cash management, reconciliation, or a similar role, is required. Strong organizational, communication, and customer service skills are essential.
Our mission
We're making Africa the first cashless continent.
In 2017, over half the population in Sub-Saharan Africa had no bank account. That's for good reason—the fees are too high, the closest branch can be miles away, and nobody takes cards. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash.
We're solving this by building financial services that just work: no account fees, instantly available, and accepted everywhere. In places where electricity, water and roads don't always work, you can still send money with Wave. In 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments. Now, we have millions of users across 9 countries and are growing fast.
Our goal is to make Africa the first cashless continent and that's where you come in...
How you’ll help us achieve it
The Premium Cash Officer plays a crucial role in our liquidity operations by serving our customers and rebalancing our mobile money agents with either cash or e-float. We are looking for someone skilled enough to guide and mentor the Premium Cash Officer (PCO) and dynamic enough to manage any conflict that could occur in the premium outlet.
In this role, you'll;
Control access to the safe/cash house, including managing cash in and cash-outs between the safe and the premium agent accounts.
Hold the end-of-day bill counting and maintain daily reconciliation of premium agent outlets.
Ensure that all cash management transactions are correctly recorded in the treasury system.
Promptly request sufficient funds from the head office to ensure no service disruptions and delays at the outlet while serving our customers and agents.
Be responsible for the receipt and dispatch of cash through the Cash In Transit (CIT) team.
Ensure all cash management policies and guidelines are adhered to.
Responsible for the escalation and follow-up of all issues that impede the well-functioning of the premium outlet.
Encourage proximity agents to be liquid through frequent tracking, monitoring, and issue resolution.
Support agent/customer needs to provide immediate support on Wave's offer information, opening accounts, system, application, and physical cards.
Ensure that all cash management transactions are correctly recorded in the treasury system. Key details
Location: You'll work from our office in Lilongwe, Malawi, and may travel to other field locations.
Work authorization in Malawi is required.
This is a permanent position.
Our salaries are competitive and calculated using a transparent formula.
We offer 90% health insurance for yourself and your dependents
We support working parents - we offer 26 weeks of parental leave for mothers and 4 weeks for fathers, in addition to subsidized child care when they return to work.
Airtime reimbursement.
Free food and a beautiful office space. Requirements
Strong proficiency in English. Knowledge of other local languages in Malawi is a plus.
2+ years of experience as a Teller, Cashier in cash management, reconciliation & liquidity management, cash handling or delivery, or a similar position.
A bachelor's degree in accounting, finance, banking, or any related discipline. You might be a good fit if you
Are exceptionally organized and able to follow through on tasks independently.
Have a strong sense of prioritization.
Are exceptionally customer-obsessed.
Demonstrate tenacity and a willingness to go the extra distance to get something done.
Are detail-oriented and seek to achieve excellence in everything you do.
Are a clear and proactive communicator - written and verbal.
Are a self-starter and proactive about achieving ambitious targets.
Always seek to improve yourself through honest self-reflection.
Enjoy teamwork, but also know how to work well independently.
Are embarrassingly honest with a high level of integrity.
Our team
We have a rapidly growing in-country team in Senegal, Côte d'Ivoire, Mali, Burkina Faso, The Gambia, Uganda, Niger, Sierra Leone, and Cameroon plus remote team members spread across the world.
We're deeply passionate about our mission of bringing radically affordable financial services to the people who need them most.
We foster autonomy for our employees. You'll own your projects at every stage, from understanding the problem to monitoring your solution in production.
We raised the largest Series A in Africa in 2021. Our world-class investors, include Founders Fund, Sequoia Heritage, Stripe, Ribbit Capital, Y Combinator, and Partech Africa.
We are on Y Combinator's top companies by revenue. How to apply
Fill out the form below, and upload a resume in English and a cover letter describing your interest in Wave and the role.
We review applications frequently and recommend that you apply to the role that most closely aligns with your skills, experience and career goals.
Wave is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
