Head - Treasury - FMCG - CA/IIM/ISB/MDI/FMS

Our Esteemed Client Inviting Application for the Position of Head Treasury

Turn Over the Company - 1600 Cr.

POSITION TITLE: Treasury Head

DEPARTMENT: Finance

REPORTING RELATIONSHIPS :

POSITION REPORTS TO: Joint Managing Director

Salary - Open for Right Talent

Location - Mumbai - BKC

Qualification - CA / MBA from Tire 1 Institutes ( Professionally Stable person only Needed )

Note - Frequently job changer please no need to apply

POSITION PURPOSE :

Treasury covers Fund Management, Corporate Finance and Financial Risk Management.

SCOPE :

- Cash flow forecasting

- Risk forecasting

- Investment appraisal

- Tax planning

- Co-operate with Board on strategic development

- Choose and operate Treasury systems

- Financial Risk Management

- Corporate Governance

CORE RESPONSIBILITIES :

Planning & Operations :

1. Forecast cash flow positions, related borrowing needs, and available funds for investment

2. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements

3. Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions

4. Maintain banking relationships

5. Assist in determining the company's proper capital structure

6. Arrange for equity and debt financing

7. Invest funds

8. Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

Cash and Liquidity Management :

1. Manage internal capital market by investing and lending to subsidiaries

2. Minimize external borrowing requirement

3. Work with the business to optimize commercial & working capital cash flows

4. Optimize interest expense

5. Minimize idle cash through netting and cash concentration to avoid future liquidity problems

Funding and Capital Markets :

1. Optimization of capital structure

2. Optimization of Weighted Average Cost of Capital (WACC)

3. Manage short, medium and long-term investments

4. Maximize yield on assets

5. Ensure adequate liquidity to support the business

6. Minimize interest expense

7. Ensure adequate liquidity to meet obligations as they fall due

8. Access to capital at the right time, price and conditions

9. Arrange liquidity for strategic events such as Divestiture and JV- s

10. Diversify capital sources, partners and maturities

11. Ensure good credit ratings

12. Portfolio management of debt, derivatives and investments

13. Ensure hedging matches the funding profile (no over hedging)

14. Ensure contractual terms and covenants do not constrain the business

15. Ensure accurate accounting of Treasury transactions

Additional Accountabilities:

1. Provide performance and risk analytics to Board

2. Work with internal and external auditors.

3. Implement and manage treasury policies and procedures

4. Ensure accurate accounting of Treasury transactions

5. Provide performance and risk analytics to Board

6. Manage relationship with banks and other investors

7. Manage relationship with credit rating agencies

8. Tangible financial results in the form of cost savings, efficiency gains, yield enhancement and protecting profitability

Interested Candidates please share your CV ASAP with current CTC details