Senior Manager/Manager - Treasury - Automotive - CA

Senior Manager/ Manager- Treasury ( Gurgaon) for a large and world renowned company based out of Gurgaon. CA with minimum 7 years of experience with deep exposure of Treasury function, Relationship management with banks, fund houses, financial institutes and rating agencies, Liquidity management, Working capital funding.

Position Purpose :

This position would be responsible for supporting the Head - Treasury & Risk Management in treasury operations including support in developing treasury policies, working with banks and financing institutions for fund requirements, managing forex and payments to foreign vendors.

Strategic Responsibilities :

- Provide support to Head Treasury by providing required information, analysis of data and inputs for implementing treasury policies, evaluation of tax efficient funding options for ongoing operations and future expansion of the company and FX Risk Management.

Operational Responsibilities :

- Working Capital Management

- Forecast daily cash requirements and execute daily financing decisions.

- Prepare or monitor company's various cash flow forecasts and perform financial modeling.

- Suggest refinancing options for existing term loans / alternate financing options (e.g. operating leases).

- Finalize Monthly Stock Statements, Quarterly FFR I, Half Yearly FFR II to banks

- Review and finalize CMA data with details / justification and send the same to all the banks for renewal of Working Capital limits

Letters of Credit :

- Prepare Letters of Credit and correspond with banks for establishing the same.

- Maintain different banks- LC limits in Optisuit and maintain updated records in SAP

- Process the amendment requests for smooth shipment from time to time.

- Submit documents for Inland Letter of Credit with the banks in respect of Technical sale .

- Pass and clear LI of all Foreign and Inland vendors upon retirement of LC.

- Arrange bank release order / GR Waiver certificate from bank for clearance of pending shipment material.

- Negotiate Export realisation rate with banks & monitor adjustments of the realisation in EPC/ PCFC.

- Negotiate with the banks for forward rate booking / cancellation of forward and its adjustment from export realisation

Forex Management :

- Prepare the hedge exposure and hedge position statement in compliance with risk management policy.

- Plan, strategies and execute hedges with the various banks.

- Co-ordination with Payments processing team & banks for making payment on due date.

- Prepare monthly Forex MIS to monitor and report foreign exchange rates and interest rates and suggest appropriate hedging mechanisms to manage risks.

Relationship Management :

- Maintain key relations with lenders, banks, credit agencies, etc. as required

- Preparing for consortium meeting, regular operational meetings with relationship managers at various banks

Insurance :

- Monitor the existing insurance policies for renewals

- Compile and analyse data for renewal of various policies

- Coordinate and prepare claim survey, documents and follow up with insurance company for settlement

- Prepare insurance certificate for trade transactions

Others :

- Provide required support to Head - Treasury & Risk Management for credit rating exercise with CRISIL / other rating agencies.

- Support in providing Monthly MIS and report for all applicable treasury matters.

Financial Responsibilities :

- Recommend, implement and maintain process improvements for improving efficiency of Treasury Operations.