Assistant Director/Director - Treasury - Nutraceutical Firm

Asst Director/ Director Treasury with a leading Nutraceutical Company

Role: Treasury

Direct Reporting: Senior Director Operations Finance and Taxation

Job Purpose and Scope:

- Develop and implement fund, cash and risk management policies, processes and systems to effectively support the business by raising and deploying funds. Maintain relationships with financial institutes & credit rating agencies

Accountability Result Indicator:

- Cost of funds Raised

- Fund availability for projects

- Return on Investments

- % increase in investment income compared to last year.

- % reduction in the financial cost compared to last year

- Timely fund availability

- Credit Rating in the market

Key Accountabilities:

Financial Planning and Advisory:

- Develop a fund raising and management plan for the business keeping in mind long and short-term fund requirements as per annual operating plan

- Assess feasibility and viability of funding options to advise CFO on most effective options available in the market

- Provide strategic financial advice on raising funds for CAPEX intensive growth drivers to ensure funds are available at the right time and rate for investments

- Consolidate relevant intelligence on domestic and international business events, interest rate movements, competitor and stock performance highlights and provide analysis/ insights to support top team in prioritizing investment decisions

Cash Flow and Treasury Management:

- Drive treasury, cash management and processing operations to manage cash flow requirements and to ensure an effective mix of liquidity and return on investments

- Maintain an effective balance between debt and liquid funds with best yield

- Leverage capital effectively and ensure optimal capital allocation to support the growth and value maximization of business operations

- Prepare Cash flow forecast and identify portfolio diversification opportunities keeping in mind the risk appetite and the size of liquid holdings

- Develop cost and revenue models to determine financial viability, payback period, incremental costs, risks of proposed projects to assess impact on liquidity

- Plan effective hedges to manage company's foreign currency exposures and interest rate risks for the efficient utilization of financial resources

Policies, Processes and Risk Management:

- Design policies & procedures for effective cash / fund management & provide advice to business users on cost of capital & fund deployment

- Ensure all borrowings & allocations are in line with statutory norms & regulations

- Develop, update and implement credit risk framework and policies, rating tools and supporting risk control systems, in order to achieve credit risk management objectives in an optimal structured manner

- Adequate insurance covering risk of company

Accounting Payables:

- Lead the team for all payments process include invoice processing to payments.

- Establish mechanism to monitor customer account details for non-payments, delayed payments and other irregularities to resolve the accounting issues

- Responsible to drive process standardization and related change management with end users / stakeholders

Skills & Competencies:

- Deep understanding of the working of the regulatory and banking & financial sectors

- Analytical mindset

- Stakeholder and relationship management

- Integrity and honorable behavior in business