Manager - Treasury - Conglomerate - CA/ICWA

Manager Treasury - Professional Degree - Leading Conglomerate - Mahalaxmi (Mumbai)

Location: Mahalaxmi (Mumbai)

Function: Treasury And Banking

Reports To: Managing Director -International Project & Corporate Finance

Position Purpose:

- To manage the day-to-day treasury operations of the company and its holding companies through effective management of cash flows, covering of risks, execution and monitoring of payments, and maintaining relations with banks and other lending agency, in order to ensure all holding companies are as per compliance and regulatory norms.

Position Requirements:

- Education: Bachelor's degree in finance or accounts or equivalent is required.

- Master's degree in finance or accounts or CA/CS/ICWA. Professional degree is preferred.

- Experience: 5 -10 years of relevant work experience in treasury operations.

Skill/Competencies Requirements:

- Treasury operations

- Cash management

- Negotiation and communication skills

- Applicable country regulatory and compliance knowledge

- Good understanding of business and economic environment

Key Activites:

Treasury Operations:

- Manage the short-term investment and day-to-day cash flow to ensure all treasury operations are done in an ethical and efficient manner.

- Carry out treasury operations on a daily basis to ensure that corporate funds are flowing in a manner consistent with maximizing corporate value and minimizing costs.

- Monitor past due accounts, monthly collection and strategize on recovery steps on bad debts in order to ensure optimum credit and fund availability for company and its holding companies.

- Build and maintain relationships with banks, other lending institutes and ensure compliance to RBI guidelines.

- To coordinate with various internal functions necessary to execute the Treasury Operations. Efficiently.

- Deploy idle funds profitably to ensure efficient cash flow, profitable fund management and policy compliance.

- Create and review documents required to be submitted to banks and maintain existing banking and payment processor relationships.

- To coordinate and process all payments for local vendors, employees, statutory authorities; authorize payments for travel advances.

- Monitor and approve receipt vouchers, payment vouchers, Cheques etc.

- Resolve queries / escalations and seek necessary approvals from Director - Treasury and Banking.

- Support in internal audit for the company, provide support to departments to close pending issues, monitor operations and intervene in the treasury process to ensure successful completion of audit and compliance.

- To conduct month on month bank reconciliation and highlight to senior management for any variances with necessary justifications.

- Monitor and approve receipt vouchers, payment vouchers, Cheques etc. Resolve queries / escalations and seek necessary approvals from Director - Treasury and Banking while processing the payments.

- Review accuracy of data and timeliness of entry / updates and create investment MIS reports and ensure correct documentation.

Key Performance Indicators:

- No past dues or bad debts.

- Accuracy of cash flow collections for respective holding companies.

- Timely & quality processing of treasury transactions.

- Timely and accurate reporting to banks & apex body.

- Timely availability of liquidity and arrangement of funds.

- Accuracy of MIS reports.

- Relationship maintenance with banks, lending institutes, etc.