Manager - Treasury - NBFC

Company : A leading NBFC which is amongst the top 5 in the Industry

Position : Manager Treasury

Reporting To : CFO

Location : Chennai

Qualification : CA / CFA / MBA-Finance

Experience : 7 - 9 years from an MNC or a reputed Indian Company

Key Responsibilities :

- Arrange for short term / long term lines of borrowings for the Group companies at lowest possible cost.

- Assist in managing the company's credit facilities (Revolver and term loans)

- Ensure that there are no idle funds and get best returns for surplus funds ensuring minimum risk to Co.

- Responsible for Company's Bank relationships, i.e., negotiations on pricing, bank services purchased, review of new banking cash management products and bank agreements. Manage the overall budget for bank fees

- Ensure that all treasury functions are carried out within the defined guidelines and policies

- Regularly update investment policies, and monitor compliance with the updated policies

- Ensure that the Group borrowings has the best credit rating

- Ensure timely adherence to RBI related compliance's

- Management of consolidated cash resources by governing Daily decisions on cash requirements through cash accounting, electronic funds movements and letters of credit

- Develops and maintains forecast models necessary to support short-term and intermediate cash flows

- Timely reporting of all function related MIS by Performing month-end and quarterly-end treasury-related close functions

- Adhere to Indian accounting standards for Financial Instruments: Disclosure, Recognition and Measurement definitions in accounting reports

Key Challenges :

- Estimation of the business needs in advance and arranging suitable structure of borrowing

- To address the Rating deterrents and highlight the key strengths

- Should have a good network with banks and financial intermediaries.

- Highly motivated individual who can maintain persistence and positivity in prolonged negotiations with banks and financiers

- Adopt to the markets / RBI policy guideline

- Adopt to changes in internal policies as per external requirements

- Keeping tracking and adopting to new statutory guidelines namely RBI

- Regular meeting and to ensure relationship at all levels in the bank

- Timely MIS reporting

- Understanding the business cash flow

- Negotiation of charges with banks

- Excellent written and verbal communication and influencing skills primarily in one on one interactions.

Contact Details : Interested candidates to mail their resume to below mail Id clearly mentioning their current and expected CTC.