General Manager - Treasury - Manufacturing Firm

Roles and Responsibilities

The role would be to lead treasury and forex risk management for the company, establish treasury policies and implement best in class practices. The position would be responsible for managing the foreign exchange portfolio of the company and fund management ensuring adequate borrowing limits, liquidity, investment of surplus funds. The role would provide key support in capital / fund raising requirements of the company.

Key Responsibilities:

Strategic

- Devise and implement Treasury & Risk Management policies for the business.

- Evaluate, recommend optimal, tax efficient funding options for ongoing operations and future expansion of the company

- Ensure adequate liquidity and strategic tie up with banks and institutions for meeting long term and short-term funding requirements.

- Conduct roadshows / bankers meet to work through optimal financing structure

- Prudent management of the large foreign exchange portfolio of the company

- Establish a robust mechanism for cashflow analysis and fund management

- Partner with operations arranging structured finance for vendors & channel partners

- Establish Treasury Management System

- Benchmark and adopt best and leading industry practices

Operational :

- Forecast cash flow positions, related borrowing needs, and funds available for investment

- Ensure adequacy of fund based and non-fund-based limits to ensure liquidity and smooth management of working capital requirements.

- Ensure borrowings at lowest possible rates, trade transactions at lowest charges from the banks / financial institutions

- Foreign exchange and interest risk management in line with approved company policy and reporting

- Investment of surplus funds in accordance with the Investment Policy of the company

- Manage Trade Finance import & export documentation, LCs, guarantees, financing, compliances

- Conduct credit rating exercise with CRISIL / other rating agencies

- Ensure adaptation of electronic banking and explore usage of new payment instruments

- Maintain, nurture relationship with bankers, credit rating agencies & regulatory bodies

- Involve and ensure right legal documentation of all banking facilities

- Ensure strict compliance on Treasury matters including FEMA compliances

- Work closely with the accounting team on accounting of treasury matters and bank reconciliations

- Ensure Internal Financial Controls for treasury operations

- Monthly MIS and review of treasury matters

Financial :

- Ensure maintenance of appropriate internal controls and financial procedures

- Ensure compliance of treasury matters including working with bankers & regulatory agencies.

- Ensure timely inputs to accounting team for recording Treasury transactions in line with the Accounting Standards, policies and procedures.

Desired Candidate Profile :

- CA (First Attempt) with minimum 18-20 years of experience in Treasury.

- Candidate should have experience in treasury management, banking and trade finance.

- Candidate needs to have sound knowledge of Foreign Exchange Risk Management.

- Working knowledge in SAP system.

- Strong analytical and negotiation skills

- Financial and business acumen, ability to strategize, translate strategy into executable actions.

- Ability to work closely with internal & external stakeholders

- Curious, current on market and regulatory developments

- Excellent communication skills

- Strong leadership skills with a proven ability to work through multiple priorities

- Well organized, highly system and process-oriented approach

- Deep desire to excel and implement best in class practices

- Good business partner with customer orientation

Perks and Benefits : As per Industry Standards