VP - Treasury - Micro Financial Institution

Hiring VP - TREASURY for one of the largest Micro Financial Institutions@Hyderabad

Educational Qualifications : CA / ICW / MBA

Skills / Capabilities : Time Management, Ability to Handle Pressure, Attention to Detail, Business Understanding, Team Management

Experience (Type/Duration) : 6-8 years post qualification, Cash Management / Financial Planning and Analysis experience preferably in retail banks / NBFCs.

Key Activities :

- Provides inputs to CFO for preparation of the annual Treasury budget

- Tracks expenses versus budgets and highlights variances (if any)

- 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

- 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

- 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 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

- 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

- 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

- Assists auditors regarding relevant areas

- 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 1:1's with direct reports

- Actively manages vertical and horizontal career development of team

- Conducts semi-annual skip level 1:1's with all indirect reports

- Weekly Update meeting with CFO

- Monthly review meeting with direct reports

- Quarterly review meeting for all HODs / ZMs

Naveen Regaula

Mob: 99484 20666