BHIVE - Senior Manager - Treasury & Financial Controls - CA

Description:

Job Summary:

The Senior Manager Treasury & Financial Controls is responsible for managing the organisations cash flow planning (excluding revenue / AR function), treasury operations, accounts payable, banking operations, debt management and financial controls.

This role plays a critical part in ensuring liquidity discipline, strong control environment, regulatory compliance, and audit readiness, particularly in a capital-intensive, fast-scaling real estate business. The role will lead a team and work closely with senior finance leadership to support growth and IPO preparedness.

Key Responsibilities:

Cash Flow Planning & Treasury Operations

- Own cash flow planning and forecasting for all non-revenue cash flows, including operating expenses, capex, debt servicing and statutory payments

- Manage day-to-day treasury operations, including fund positioning, inter-account transfers, and liquidity planning

- Ensure optimal utilisation of funds while maintaining adequate buffers for business continuity

Banking Operations

- Manage relationships with banks and financial institutions

- Oversee banking operations including account management, signatory controls, limits monitoring, and transaction approvals

- Coordinate with banks for operational requirements, documentation, and ongoing compliances

Accounts Payable

- Managing the accounts payable team responsible for invoice processing, vendor payments, and reconciliations

- Ensure adherence to payment timelines, approval matrices, and internal policies

- Strengthen AP controls to minimise errors, leakages, and process risks

Debt Management & Compliance

- Manage debt servicing schedules, interest payments, repayments, and covenant compliance

- Track and ensure compliance with loan agreements and lender reporting requirements

- Coordinate with lenders, advisors, and internal teams on debt-related matters

Financial Controls & Governance

- Design, implement, and monitor financial controls across treasury, AP, and banking processes

- Ensure strong spend controls, approval frameworks, and segregation of duties

- Identify control gaps and implement corrective actions to improve governance and risk management

Compliance & Audit

- Supporting the tax team to ensure compliance with statutory requirements including GST, TDS, and other applicable regulations relating to payments and treasury transactions

- Support internal and external audits, respond to audit queries, and drive closure of audit observations

- Maintain audit-ready documentation and processes at all times

Team Leadership & Stakeholder Management

- Lead, mentor, and develop the treasury and AP teams to drive performance and accountability

- Work closely with Accounts, FP&A, Legal, Compliance, and Business teams to ensure smooth operations

- Provide regular updates and insights to senior finance leadership

Qualifications and Skills:

Education: Chartered Accountant (CA) mandatory

Experience: 9 to 12 years of relevant experience in treasury, cash flow management, AP, and financial controls, with 35 years in a people management role

Industry Preference: Real Estate (preferred), Infrastructure, Hospitality, Asset-heavy businesses

Technical Skills:

Strong understanding of:

- Treasury and cash flow management

- Accounts payable processes

- Debt management and lender compliances

- Financial controls and governance

- Hands-on experience with ERP systems (Zoho preferred)

- Strong MS Excel skills

Key Competencies:

- Strong ownership and execution mindset

- High attention to detail and control orientation

- Ability to operate in fast-paced, high-growth environments

- Strong stakeholder management and communication skills

- Problem-solving ability with a risk-aware mindset

Collaboration and communication:

Proactive collaboration with finance teams, internal departments, and external stakeholders to ensure seamless treasury operations, strong controls, and compliance adherence.

How the role Interact with other teams or Individuals:

The role will work closely with:

- Finance leadership

- Fund Raising and FP&A teams

- Business Teams

- Banks, lenders, auditors, and external advisors to ensure alignment between financial operations, controls, and overall business goals.