Deputy Manager - Treasury - BFS

WHAT WE ARE LOOKING FOR :

- Hedging & Compliance

- Hedging of inventory, back-to-back PO & Marketing Call orders

- Non-Deliverable Forwards (NDF) for intercompany funding

- Quarterly Certification of hedging Contracts

- Forward Contracts utilization and confirmation

- Monitoring & updating FX rates in ERP

Assisting in Cash flow preparation and Working Capital analysis:

- Cashflow planning and forecasting

- Managing funds across the banks

- Analyze Business Unit wise working capital requirements and allocation of capital

- Assisting in Working capital performance tracking and necessary actions

Banking Credit Facilities Renewals and New Proposals:

- Ensure that Banking credit facilities are renewed on time

- Evaluate new banking proposals, review the related documents and assess the benefit to the Company

- Assisting in compliance related to credit rating of the company

- Drive Vendor and Customer Financing Solutions

- Adhere to the banking regulations and compliances and timely reporting.

Trade Banking Support to Business :

- Sound knowledge of Letter of credit, Bank Guarantee and day to day operations of the banks.

- Opening & Tracking of Letter of Credit (LC) as per Incoterms

- Issuance, Renewal & Tracking of BGs to vendors, customs & tax authorities

- Issuance, Renewal & Tracking of Corporate Guarantees favoring Vendors & Banks

- Ensure timely closure of Bill of Entries in IDPMS & EDPMS

- Good understanding of ECB and Buyer's Credit regulations

- Assisting in Month Close activities, Accounting and Preparation of Bank Reconciliation:

- To ensure no aged unreconciled entries in the Bank Reconciliation

- To ensure timely completion of month close activities and relevant schedules

- Provide relevant information to SOX & Statutory Auditors

- Timely and accurate reporting to Corporate HQ.

- Preparing and reviewing Monthly Treasury Report and submission to the top management