Finance Controller - Treasury - Textile Industry

Managing Finance and Accounts:

- Monitoring closing of financials and preparing long term / short term projections for the Company

- Preparation of Annual Budgets

- Directional approach to the team for overall management of accounts and managing AR/ AP areas.

- Managing Funding for Capex and Working capital

- The incumbent should have managed Fund based and Non-Fund based limit minimum in excess of Rs 400 crores and also managed Long term project funding in excess of Rs 500 crores.

- Must have managed consortium and multiple banking with different banks including Private and nationalized banks.

- Single handedly managing preparation of capex funding proposal basis the approved capex / project plan.

- Preparation and submission of CMA Report for yearly renewal of working capital facility.

- Liaisoning with banks for credit assessment, negotiation and obtaining approval for funding / renewal.

- Optimization of cost of borrowing - Term loans and working capital.

- Overseeing documentation as required for disbursement / drawdown.

- Opening of new lines of credit with banks/NBFC forex management/Effective handling of forex to minimize loses.

- Cash Flow and Banking operation

- Preparation of Annual, Monthly and Weekly cashflow forecast

- Managing day to day bank operation

- Tracking, Monitoring and reporting of actual vs. forecast

- Follow up for Export Collection

- Follow up for domestic collection

- Monitor Export Packing Credit - availment and liquidation

- Submission and reconciliation of Export and Import Documents to Bank

- Day to day interaction with bankers

- Managing of bank operation of overseas units

- Timely Bank reconciliation and Interest reconciliation - including completion of all reconciliation entries

- All bank documentation as may be required for RBI and FEMA compliances

- Periodic reporting to Banks

- Managing exchange risk through forward cover

- MIS relating to treasury operation

Other Activities

- Reconciliation of Government receivables

- To handle Statutory Audits

- To look after activities related to Overseas units

- Managing rating with crisil/ICRA & other

- Ensuring improvement in ratings