Senior Manager, Reconciliation & Settlement at MTN Rwanda (2025) | Fintech Finance Job

 Senior Manager, Reconciliation & Settlement at MTN Rwanda (Mobile Money Rwanda Limited) – A Complete Career & Application Guide (2025)

Location: Kigali, Rwanda
Department: Fintech (Mobile Money Rwanda Limited)
Reporting To: Chief Financial Officer (CFO)
Application Deadline: 24 December 2025
Reference No.: 1
Employment Status: Open

 

Introduction: When Finance Meets Trust, Scale, and National Impact

Behind every seamless mobile money transaction  whether it’s a student paying university fees, a small merchant restocking inventory, or a family receiving remittances there is a silent, highly sophisticated financial engine working around the clock. That engine is reconciliation and settlement.

At Mobile Money Rwanda Limited (MTN MoMo), this engine operates at national scale, touching millions of lives daily. The role of Senior Manager, Reconciliation & Settlement is not just a finance job  it is a position of trust, leadership, and strategic influence within Rwanda’s most impactful fintech ecosystem.

If you are a finance professional with deep experience in trust funds, liquidity, reconciliation systems, and digital financial services (DFS), this opportunity places you at the heart of Africa’s fast-growing mobile money economy.

This in-depth guide explains:

• What the role truly entails (beyond the job description)
• Why this position matters strategically
• Who is best suited for the role
• How to apply successfully and stand out
• Career growth, impact, and future opportunities

Whether you are a local professional, an international job seeker, or a finance leader seeking Africa-based fintech exposure, this article gives you the clarity you need.

 

About MTN Rwanda & Mobile Money Rwanda Limited

MTN: More Than a Telecom Company

MTN Group is Africa’s largest mobile network operator, with a rapidly expanding fintech and digital services arm. In Rwanda, MTN has evolved beyond voice and data to become a financial infrastructure provider.

Mobile Money Rwanda Limited operates MTN MoMo, a platform that:

• Handles billions in transaction value annually
• Serves individuals, SMEs, corporates, and institutions
• Acts as a regulated custodian of customer trust funds
• Interfaces with banks, regulators, merchants, and global partners

A Culture of Innovation and Responsibility

MTN Rwanda is known for:

• Strong governance and regulatory compliance
• Gender inclusion and disability inclusion
• Continuous systems modernization
• Investment in people, not just platforms

This role exists because scale demands control  and trust demands excellence.

 

Role Overview: Senior Manager, Reconciliation & Settlement

Core Mission of the Role

The Senior Manager, Reconciliation & Settlement ensures that every franc processed through MTN MoMo is accurately recorded, reconciled, safeguarded, and settled.

In simple terms:

• If money moves, this role ensures it moves correctly
• If discrepancies arise, this role ensures they are resolved
• If liquidity tightens, this role ensures continuity
• If regulators ask questions, this role provides answers

This is a senior leadership position, blending:

• Financial control
• Treasury and liquidity management
• Risk oversight
• Systems automation
• People leadership
• External stakeholder engagement

 

Why This Role Is Strategically Critical

1. Trust Funds Are Sacred

Mobile money customers entrust MTN with their funds. These funds must:

• Be fully backed
• Be accurately reconciled
• Sit in protected trust accounts
• Comply with strict regulatory frameworks

Any failure impacts:

• Customer confidence
• Regulatory standing
• Business continuity

This role safeguards that trust.

2. Liquidity Is the Lifeblood of Digital Finance

If liquidity fails:

• Agents cannot serve customers
• Transactions fail
• The ecosystem stalls

This role ensures:

• Float adequacy
• Liquidity forecasting
• Bank position optimization
• Zero transactional downtime

3. Fintech Is About Scale  and Scale Demands Automation

Manual reconciliation cannot support millions of daily transactions. This role drives:

• Automation initiatives
• ERP and reconciliation system upgrades
• Process standardization
• Finance modernization

 

Key Responsibilities (Explained in Practical Terms)

1. End-to-End Settlement Oversight

You will oversee settlement operations across:

• Mobile money wallets
• Bank integrations
• Merchant payments
• Aggregators and partners
• International remittance corridors

Your responsibility: ensure funds move from point A to point B accurately and on time.

 

2. Reconciliation Accuracy & Exception Management

This includes:

• Daily, weekly, and monthly reconciliations
• Investigation of mismatches
• Closure of variances within SLAs
• Root-cause analysis to prevent recurrence

Why it matters: reconciliation errors are often early warning signs of system gaps or financial leakage.

 

3. Strengthening Controls & Automation

You will:

• Identify weak control points
• Automate reconciliation workflows
• Reduce manual intervention
• Improve audit readiness

This directly improves:

• Operational efficiency
• Risk posture
• Regulatory confidence

 

4. Central Operations & Liquidity Forecasting

You will manage:

• Central operational floats
• Short-, medium-, and long-term liquidity models
• Forecasts aligned to transaction volumes and growth trends

Goal: ensure uninterrupted service  even during peak demand.

 

5. Safeguarding Trust Accounts & Regulatory Compliance

This involves:

• Full alignment with National Bank of Rwanda regulations
• Accurate reporting of trust balances
• Transparent audit trails
• Ongoing engagement with regulators

This is where technical finance meets public accountability.

 

6. Treasury Optimization & Cost Management

You will:

• Optimize bank positions
• Reduce idle balances
• Manage liquidity buffers efficiently
• Minimize treasury costs without increasing risk

This directly impacts MTN’s bottom line.

 

7. Ecosystem Float Management

You will oversee floats for:

• Agents
• Merchants
• Aggregators
• Strategic partners

Ensuring:

• Adequate availability
• Proper reconciliation
• Fair settlement practices

 

8. External Stakeholder Engagement

You will serve as the primary liaison with:

• Banks
• Payment aggregators
• Regulators
• Strategic partners

This requires:

• Strong negotiation skills
• Clear communication
• Technical credibility

 

9. Risk Investigation & Dispute Resolution

You will lead investigations into:

• Financial discrepancies
• Leakages
• Settlement breakdowns
• Operational exposures

And ensure:

• Fast resolution
• Preventive controls
• Management reporting

 

10. Reporting to CFO, Audit & Risk Committees

You will produce:

• Management dashboards
• Risk and exception reports
• Liquidity insights
• Audit-ready documentation

This role directly influences executive decision-making.

 

11. People Leadership & Team Development

You will:

• Lead settlement, reconciliation, and central operations teams
• Build high-performance culture
• Mentor future finance leaders
• Align teams with MTN values

 

Required Experience: Who Is This Role For?

Essential Experience

• Minimum 5 years’ experience handling trust funds
• Strong exposure to:
• Digital Financial Services (DFS)
• Mobile money or payments
• Banking operations
• Reconciliation systems
• Treasury or liquidity management

This role is ideal for professionals from:

• Mobile money operators
• Banks (operations, treasury, settlements)
• Fintech companies
• Payment service providers
• Large-scale financial institutions

 

Required Skills & Competencies

• Advanced reconciliation expertise
• Deep understanding of settlement flows
• Liquidity modeling and forecasting
• Risk management mindset
• Strong leadership and people skills
• Ability to work under pressure and manage multiple priorities
• Comfort with automation and financial systems

 

Education Requirements

Mandatory

• Bachelor’s degree in:
• Finance
• Accounting
• Business Technology
• Statistics
• Or related field

Added Advantage

• Master’s degree
• Professional qualifications:
• ACCA
• CFA
• CPA

These enhance credibility but do not replace practical experience.

 

Why This Role Appeals to Global Talent

1. Exposure to Africa’s Fintech Growth

Rwanda is a fintech innovation hub. This role offers:

• Real-world scale
• Regulatory sophistication
• Emerging-market complexity

Highly valued globally.

 

2. Career Acceleration

This role positions you for future roles such as:

• Finance Director
• CFO
• Regional Fintech Finance Lead
• Group Treasury Manager

 

3. Meaningful Impact

Your work:

• Keeps businesses operating
• Enables financial inclusion
• Protects customer funds
• Supports national payment systems

Few finance roles offer this level of impact.

 

How to Apply (Step-by-Step)

Application Process

1. Visit the MTN Careers Portal
   👉 https://careers.mtn.co.rw/career
2. Submit:
• Updated CV
• Copies of relevant academic credentials
3. Apply before 24 December 2025

 

Important Notes

• MTN strongly encourages women and persons with disabilities to apply
• Only shortlisted candidates will be contacted
• If you do not hear back within 14 days after deadline, consider the application unsuccessful

Application Support

If you encounter technical issues:

• Email: Alozius.Mutamba@mtn.com
• Phone: +250 788 319 965

 

Data Privacy & Applicant Protection

MTN Rwanda complies with strict data privacy standards.
Applicants are encouraged to review MTN’s Job Applicants’ Privacy Notice on the official MTN Rwanda website.

Your personal data will be:

• Collected lawfully
• Used only for recruitment purposes
• Protected against unauthorized access

 

Frequently Asked Questions (FAQ)

Is this role open to international applicants?

Yes, provided you meet experience and legal work requirements.

Is fintech experience mandatory?

Strongly preferred. DFS exposure is critical for success.

Does the role involve regulatory engagement?

Yes. You will work closely with regulators and auditors.

Is this a purely technical role?

No. It combines technical finance, leadership, strategy, and stakeholder management.

What systems knowledge is useful?

ERP systems, reconciliation platforms, treasury tools, and automation frameworks.

 

Internal Linking Opportunities (For Blogger SEO)

Suggested anchor texts:

• “Latest Finance & Fintech Jobs in Rwanda”
• “MTN Rwanda Careers & Job Vacancies”
• “High-Paying Finance Jobs in Africa”
• “Top Fintech Careers for Accountants”
• “Mobile Money Jobs in Africa”

 

Final Thoughts: Is This Role Right for You?

If you are:

• A finance leader who values precision
• Comfortable with responsibility and scale
• Passionate about fintech, systems, and impact
• Ready to influence national financial infrastructure

Then the Senior Manager, Reconciliation & Settlement at MTN Rwanda is not just a job — it is a career-defining opportunity.

👉 Apply early. Prepare thoughtfully. Lead with confidence.

For more high-impact jobs, scholarships, and global career opportunities, keep following Theos Careers where opportunity meets clarity.

 

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