Lead - Treasury - Banking

Lead Treasury & Banking with a Top MNC Brand

We are looking for a Lead - Treasury & Banking with a Top MNC Brand

Location - Mumbai, Lower Parel.

Purpose of the role:

- To be responsible for raising funds, and negotiating credit facilities across multiple geographies.

- To be responsible for managing credit compliance, financial covenant testing, Net debt position, and servicing the debt.

- To be responsible to service credit agreements and comply with borrower's obligations.

- Ensure all other compliance related to treasury & banking activities, legal negotiations, etc.

- To be responsible for managing corporate finance operations, managing mid and long-term financial planning, debt management, etc.

- Development of strategic plans for minimizing borrowings and interest serving.

- To be responsible for managing the investment portfolio, maximizing return on investment

Roles and Responsibilities:

- Overall responsibility and accountability of debt management and corporate finance. Including all credit facilities, group credit obligations, and FX-related credit exposures and agreements.

- Overall accountability for monthly cash reporting to banks, financial institutions, rating agencies, regulators, etc.

- Handle group treasury activities including credit control, budgeting, and forecasting.

- Implement treasury policies and operational procedures across various locations.

- Group Debt Covenant maintenance.

- Development and implementation of debt push-down strategy for the group.

- Debt module development in TMS

- Ensuring compliances related to treasury & preparation & submission of MIS (Cash Flow)

- Ensure proper accounting for all treasury-related transactions, coordinate integrated cash forecasting process, and manage short-term borrowing activity under revolving credit facilities.

- Development of a leverage covenant forecasting system as an extension of the cash forecasting process

Investment Management:

- Recommend investment policy and lay down operational framework for investment operations enabling idle cash optimisation

- Maximizing the risk /return reward on investment

- Formulate an effective reporting system to ensure reporting, compliance with the investment policy

Compliance & MIS:

- Vetting & controlling various bank charges/ interest as levied by the bank to initiate corrective measures to reduce overall banking costs.

- Provide banking support to all projects & execution of strategic initiatives

- Ensuring & maintaining internal customer satisfaction.

- Ensures professional development of colleagues & team members. Recognizes training needs & provides for necessary training to individuals.

System Automation and Implementation:

- Envisaging, designing, and implementing various treasury process automation initiatives for process enhancement to improve control and governance such as cash flow forecast

- Leading various automation requirements as a functional owner and navigating amongst all internal teams

- Managing change thereon with responsibility for user training and adaption by users.

Education: CA/CFA/CTP/MBA in Finance or equivalent qualification, any additional qualification i.e. LLB, ACS or equivalent can be preferred.

Experience: Minimum 9+ years of overall corporate treasury experience including credit, debt syndication, cash flow and liquidity management, foreign exchange, and hedging with a minimum of 5 years in a managing capacity in an MNC. Partial experience with bank managing credit & compliance can be preferred. compliance can be preferred.

Priti Patwal
Principal Consultant
Smart Source | Outsource Smartly

Smart Source - A Search firm established in the year 2007 attained leadership position and perfection in Retail, Consumer Durables, FMCG, Telecom, and infrastructure industries catering to all functional industry segments Globally and helping its clients with a wide array of services i.e. Talent Acquisition, Manpower Planning, Competency Mapping and HR outsourcing. Pioneer provides HR services to its clients across industries, the focus of our work is on raising productivity through improved quality, efficiency, and cost-reduction across our total workforce, enabling clients to concentrate on their core business activities.