Assistant Treasury Manager

Job Role : Assistant Manager - Treasury

Educational requirements - CA

Experience : 2-3 years relevant experience

Location : Andheri

Job Description : -

Liquidity planning and management

Cash flow forecasting and managing liquidity; preparing MIS reports to support effective cash management.

Preparation of Actual Cash Flow

Ensuring Timely repayments of Short term loans / borrowings

Explore new opportunities in working capital and other banking solutions.

Negotiate with banks / financial institutions for bank lines, optimal funding cost etc.

Investment in various Instruments –

Review of cash flow and deploy surplus cash effectively in Debt mutual funds (Overnight / liquid) as per the timelines

Availing quotes from various banks for FD’s and investing the same on quarter end

Ensuring all investment compliance as the board resolution and Investment policy of the company

Export Factoring

Preparation of Drawdown request against the Bills receivable

Tracking the actual collection date with Business finance team and accordingly processing the payment of those invoices to bank

Tracking the due dates of invoices factored and payment before the expiry of Grace period.

Vendor / Supply Chain Financing

Addition of Suppliers on SCF portal

Tracking the daily maturity of SCF bills and ensuring timely repayments

Digital Initiatives-

Ensuring all banks are activated with online RTGS & NEFT facilities

Liasoning with Rating Agencies-

Coordinating with Rating Agencies for the company’s external ratings

Fulfill any other requirement of Rating agencies if any.

Stock statements and other Banking compliances-

Providing monthly stock statement and drawing power to banks on timely basis

Extracting all the data points required for stock audit

Work on any other banking compliance / requirements if any

Audit requirements-

Providing data to auditors (Internal and external) relating to all bank accounts, investments

Obtaining bank balance confirmations for auditors at quarter ends and at year end

Fulfilling any other audit requirement if any.

Fx Rate Cover

Hedging Fx (Forex)

Any other requirements needed in the role.- Expert in excel and PPT