Posted By
Posted in
Banking & Finance
Job Code
221408
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.
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Posted By
Posted in
Banking & Finance
Job Code
221408