Dr Reddys - Assistant Manager - Treasury

Assistant Manager - Treasury

Context: To understand and ensure the availability of the long term and short term liquidity requirement. To forecast working capital requirements and ensure the liquidity in the system. To understand and assist in effectively hedging the exposure of the group to the multiple currencies both on the balance sheet and on the anticipated cash flows.

What makes this assignment interesting:

Being able to manage a very dynamic aspect of business and participate in Global Financial Markets.

The challenging aspects of the role:

The role is challenging as one has to take decisions which will have a direct and immediate bearing on the company's financials.

Key Responsibilities

Assist the Chief Dealer/ Team Lead - Treasury in Managing Liquidity, Working Capital and Interest Rate Risk of the Group

To understand the group's requirement of long term and short term liquidity.

To understand the group's exposure to interest rate risk both on the borrowings and investments.

To ensure that adequate amount of working capital is available to the business for their day to day operations.

Forecast working capital requirements and assist in the institutionalization of solutions to ensure a reduction in working capital thereby improving financial ratios.

To assist the chief dealer in managing the liquidity for the group by helping in the management of investments and drawing down loan as and when required, across all entities.

Assist the chief dealer in hedging the interest rate risk and minimize the net interest expense for the group.

To ensure that the cost of providing liquidity is minimal and are within the policy framework

To ensure ample liquidity to the business

Understand Foreign currency risk of the Group and act as a backup dealer

To understand the exposure of the group to different currencies for both balance sheet exposure and anticipated cash flow exposure.

The above activity is done on a group level and hence requires an understanding of total subsidiary exposure.

To understand the different accounting aspects of exposure management and assess the impact of foreign currency transactions of the group (including transactions in subsidiaries)

To generate periodic MIS's and assist in the analysis of the same.

To assist the chief dealer in managing the above-mentioned exposure.

Preparation of MIS, Decision Support Analysis, Treasury Management Systems including SAP TRM

To prepare MIS on a periodic basis and provide analytical inputs.

Provide support to the chief dealer w.r.t. to exposure computation and analysis of the same.

Evaluate various Treasury Management Systems like Bloomberg, Reuters, Reval etc. and help in installation/implementation

Lead efforts on improvement/enhancement of SAP TRM with support from Treasury Controller and Back-Office

Operating Network

Internal: CFO, Team leader- Treasury, Head Treasury, Genpact Team, GFRT, Corporate Analytics, Secretarial, Taxation, SOX, IA, ERM, BU Finance, controllers and planners

External: Banks (in India and Overseas), Mutual Funds, Brokers, NBFC's, Rating Agencies, Auditors

Technical Requirements: Knowledge of different derivative instruments and their pricing mechanisms along with good understanding of their Accounting impact, Hedging in different Environment (different Asset Classes), knowledge of debt products and other working capital management tools. Deep understanding of company's accounting policies and procedures

Key Personal Attributes

- Good communication skills, reasoning, and analytical ability

- Analytical skills

- Presentation skills

- Interpersonal skills