- CA / ICW / MBA  - Time Management, Ability to Handle Pressure, Attention to Detail, Business Understanding, Team Management  - 6-8 years post qualification, Cash Management / Financial Planning and Analysis experience preferably in retail banks / NBFCs  - Ensures adherence to department budget so as to avoid over spill of budgeted costs   - Provides inputs to CFO for preparation of the annual Treasury budget  - Tracks expenses versus budgets and highlights variances (if any)  - Develops effective plans for fund and cash flows so as to minimize cost of funds for the organization   - Projects future cash and fund flows based on historical inflow/outflow data, inputs from ZMs on branch expansion, disbursement plans and repayment schedules for banks; Consults with CFO on the same   - Sends this requirement to VP-Finance to help plan for the funds  - Ensures funds are in place for day to day operations and repayments  - Ensures timely investment of funds in appropriate areas so as to minimize excess / idle funds at all levels of the organization   - Decides on usage of current cash credits in anticipation of significant cash inflows  - Makes pre-payments to the banks after getting approvals from the bank  - Decides which fixed deposit, mutual fund / category of mutual fund to invest the excess cash in done on a day to day basis  - Responsible for timely and accurate repayment to all banks so as to fulfill our debt servicing obligations   - Collects and Collates repayment schedules from banks when a loan is taken and adds it to the database  - Prepares a day-wise demand sheet and gives it to Manager Payments  - Authorizes payment which is initiated by the Manager  - Ensures timely and accurate deployment and recovery of funds from branches so as to minimize the presence of idle funds at all levels   - Ensures collection and collation of branch requirements data from branches  - Ensures inputting of the disbursal transaction into E-Net  - Authorizes the transaction after conducting an accuracy check  - Ensures that ranches are intimated about the transfer  - Ensures collection of branch level daily cash and bank balances along with the details of next 2 days disbursement and recoveries which is used to arrive at the excess cash and bank balance at the branch level (Done by treasury Analyst)  - Ensures the excess fund will be deposited in the excess account - checked at an overall level through HO internet banking facility   - Facilitates accurate payment of statutory dues, vendor dues and salaries   - Receives information regarding salaries and statutory dues from concerned departments duly approved by HOD along with the supporting s; (For vendor payments ensures receipt of this information)  - Ensures relevant payments are forwarded to Accounts for tax clearance or TDS deductions  - Authorizes the payments  - Facilitates provision of relevant vouchers, reports and supporting documents to Accounts for all transactions so as to facilitate the accounting and audit requirements   - Ensures creation of vouchers for all payments and receipts along with a day wise summary report  - Ensures it is sent to the Accounts department along with the supporting's  - Assists auditors regarding relevant areas  - Responsible for recruitment, retention, skill development, growth and satisfaction of team   - Creates a recruitment plan for the department, and ensures recruitment happens as per plan  - Ensures appropriate training and development interventions  - Conducts timely and transparent appraisals  - Conducts monthly 1:1s with direct reports  - Actively manages vertical and horizontal career development of team   - Conducts semi-annual skip level 1:1s with all indirect reports  Meetings :   - Weekly Update meeting with CFO  - Monthly review meeting with direct reports  - Quarterly review meeting for all HODs / ZMs

Hyderabad

Spandana Sphoorty - VP - Treasury 

Spandana Sphoorty - VP - Treasury  ,Job Description for Spandana Sphoorty - VP - Treasury  in Spandana Sphoorty Financial Limited in  Hyderabad for (5-15) years of experience. Apply Now!

Job Description for Spandana Sphoorty - VP - Treasury  in Spandana Sphoorty Financial Limited in  Hyderabad for (5-15) years of experience. Apply Now!