Role Overview

We are seeking a strategic and hands-on Head of Treasury to lead cash & liquidity management, working capital optimization, banking relationships, funding strategy, investments, and risk management across our hospital network. The role will drive treasury transformation, optimize cost of capital, ensure regulatory compliance (including FEMA), and build robust controlswhile partnering closely with Business Finance, Controllership, FP&A, SCM, and Projects.

Key Responsibilities:

1) Cash, Liquidity & Working Capital

- Provide strategic oversight of daily cash positioning, pooling/zero-balancing structures, and intercompany funding

- Drive working capital optimization initiatives across the network (receivables, payables, inventory)

- Oversee TReDS, supply chain financing, virtual accounts, and cash management structures with banks

- Institutionalize rolling cash flow forecasts (13-week and long-term) with variance analysis and actionable insights

- Define investment strategy for surplus funds in line with treasury policy

2) Banking & Funding Strategy

- Own and strengthen strategic banking relationships; negotiate optimal pricing and structures

- Lead funding strategy for capex (greenfield/brownfield hospitals, medical equipment) and refinancing initiatives

- Oversee working capital facilities (CC/OD), term loans, ECBs, and trade finance (LCs/BGs)

- Ensure optimal utilization, renewals, documentation, and security perfection for all facilities

- Monitor financial covenants, proactively manage risks, and lead lender negotiations and waivers

3) Investments, FX & Risk Management

- Define and implement treasury investment strategy aligned to risk-return objectives

- Oversee FX exposure management and hedging strategies (forwards/options) within board-approved limits

- Manage interest rate risk, counterparty risk, and liquidity risk frameworks

- Establish robust risk governance and reporting mechanisms

4) Treasury Operations, Systems & Controls

- Build and strengthen treasury governance aligned with ICFR and best-in-class controls

- Oversee treasury operations including deal execution, confirmations, settlements, and reconciliations

- Lead implementation and optimization of TMS/ERP treasury modules, host-to-host connectivity, and API integrations

- Drive digital transformation, automation, and real-time treasury dashboards

- Govern bank account lifecycle, signatories, mandates, and documentation

5) Reporting, Compliance & Disclosures

- Provide leadership visibility through dashboards on liquidity, borrowings, investments, and risk metrics

- Ensure accurate financial statement disclosures and audit readiness (statutory, internal, tax)

- Ensure compliance with Companies Act, RBI/FEMA, SEBI (LODR), ECB guidelines, and related regulations

- Lead engagement with credit rating agencies including presentations, reviews, and surveillance processes

6) Leadership & Stakeholder Management

- Lead, mentor, and build a high-performing treasury team

- Drive treasury policy, SOPs, and RACM frameworks across the organization

- Act as a key advisor to CFO and leadership on funding, capital structure, and risk strategy

- Collaborate with cross-functional teams to embed financial discipline and optimize business outcomes