Who are we?

Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug® technology platform for more than 80 partners. We provide most of our insurance products through API, and hosts white label insurance solutions via our Play&Plug technology platform.

With a footprint spanning 32 countries and revenue of more than €900 million in 2023, mostly generated outside France, Wakam is the European leader in digital and embedded insurance.

Strongly committed to social responsibility, Wakam is a mission-driven company dedicated to “enabling transparent and impactful insurance".

About the Treasury team

The Treasury team at Wakam manages the company's cash flows and liquidity to ensure optimal financial management. They are responsible for forecasting cash needs, optimizing financial resources, and managing banking relationships. Through rigorous analysis and proactive management, the Treasury team plays a crucial role in Wakam's financial stability and growth.

As part of our expansion, we are looking to recruit a Cash Manager, who will be responsible for processing the daily cash management and acting as expert in the implementing of new tools and ne process on France and Europe scopes.

Missions

Function Overview:

In a complex context, the Cash Manager is in charge of cash forecasting, including all activities (direct business, reinsurance, general expenses, tax, etc.). He/She is also responsible for daily cash management and the preparation of payments as a backup for the owner, and directly manages the matching between the bank position and accounting. As the treasury department is undergoing a deep transformation of its methods and processes, the Cash Manager will also be involved in the implementation of the treasury function: implementing the Kyriba cash management module, cash planning model and analysis, and the Vitesse solution implementation.

Responsibilities:

As part of the treasury team:

• Provide visibility into the group's liquidity month by month over the course of a year and optimize cash positions in relation to FP&A, the Reserving team, Tax, etc.
• Manage the matching between bank positions and accounting, analyze and correct discrepancies, identify any root causes of dysfunction, and address them.
• Act as an expert to ensure the quality of treasury IT solutions.
• As a backup, process daily cash management and prepare payments to Wakam’s partners and taxes on time.

This includes:

• Producing the yearly cash forecast, preparing monthly follow-ups and reforecasts, and creating the optimized process.
• Actively participating in the treasury transformation project: implementing the Kyriba cash management module, automating accounting processes, and the matching process.

As a backup:

• Input manual payments into the payment system.
• Manage issues related to payments with the banks.
  
  

Profile Requirements

• Master's degree in Business or Finance, with a specialization in accounting, finance, or insurance.
• 3 to 5 years' experience in management control or treasury, ideally in a digital environment linked to the insurance or financial services sector.
• Strong attention to detail, curiosity, and the ability to investigate issues and propose appropriate solutions for improvement.
• Demonstrates strong organizational skills, enabling clear follow-up of claims cash positions by partner, business line, and country.
• Demonstrates a passion for data and digital topics, particularly data visualization tools (e.g. Power BI).
• Fluent in French and English.

Hiring Process

1. Interview with a Talent Acquisition Expert
2. Manager interview with the Head of Treasury
3. Peer interview with Team Member
4. HR culture fit interview with our Head of Talent

=> Welcome @Wakam 🙌