Clicktech Retail - Finance Analyst - Treasury

Overview: Clicktech Retail Private Limited

Clicktech Retail Private Limited ("Clicktech") is a wholly owned subsidiary of New Trends Commerce Private Limited ("New Trends Commerce"). New Trends Commerce is a joint venture between Clicktech Enterprises Private Limited ("Poddar Group Entity") and Haverl LLC ("Amazon Group Entity"). Clicktech is a prominent seller on the Amazon India marketplace and is currently operating in the category of wireless, wireless accessories, consumer electronics, personal computing, home improvement, BISS - Business Industrial & Scientific Supply, wireless Devices, Smart Home Solutions and Digital Devices. Our vision is to be India's most customer centric company. We aspire to expand our selection in the categories we operate to every item that our customers want. We want to offer such products at the most competitive price. We intend to make these products available in such a way that these products reach the customers in the shortest possible time. We have a culture and practice of customer centricity, hiring and developing the best, insisting on the highest standards, calculated risk taking and delivering results.

Position Description: Finance Analyst - (Finance accounting - Treasury)

LOCATION Bangalore, India

Summary of Responsibilities:

- The Treasury Finance Analyst will be responsible for managing the Treasury function within the organization. The responsibilities would span a wide range of treasury functions, ensuring effective cash management, compliance with financial regulations, and strategic planning for funding requirements.

- The successful candidate should be comfortable with ambiguity, large data sets, and balancing multiple competing responsibilities and maintaining daily cashflow aligning with multiple teams.

Knowledge & Skills Required:

Major work responsibilities shall comprise of the below:

- Preparation of projections, etc. for funding requirements from banks

- Collation of information requested by banks

- Closure of documentation with banks through liaison with legal and senior management

- Ensuring adherence to requirements of banking covenants

- Reviewing funded and non-funded limit requirements

- Ensuring adherence to investment policy

- Ensuring required banking accesses are available to stakeholders, continuously strive for simplification and automation of operational tasks including integration with the bank partners where possible.

- Developing and maintaining operational processes in Treasury, continuously evaluating processes, implement learnings, and apply best practices.

- Negotiation with banks on borrowing costs and closely monitoring the rates

- Provide timely, accurate, and concise cash flow projections and discussion with senior management. Ensuring adequate loan drawdown and prepayment of loans as they fall due.

- Ensure adherence to month-end closing checklists, including review of bank reconciliations.

- Provide ad-hoc financial reporting and analysis as required by senior management, helping to answer specific business questions or drive strategic initiatives.

PREFERRED QUALIFICATION:

- CA with 1+ years of treasury experience in ecommerce/retail industry.

- Functional knowledge of core Treasury processes, including cash positioning, forecasting, bank account management, payments, FX and settlement.

- Should have strong excel skills and ability to handle volumes,

- Oracle ERP knowledge preferred,

- Good communication skills and ability to multi-task and deal with ambiguity

Disclaimer: Clicktech and New Trends Commerce are equal opportunities employers. We believe passionately that employing a diverse workforce is central to our success. We make recruiting decisions based on your experience and skills. We value your passion to discover, invent, simplify and build. We welcome applications from all members of society irrespective of age, sex, disability, sexual orientation, race, religion or belief.