Flipkart - Associate Director - Treasury

About the team

The Group Treasury Flipkart is on a mission to create value for the Business thru strategic levers and choices and be very efficient and productive. This team manages one of the Top 10 treasury in the country with size and scale that would dwarf even very big and legacy businesses.

The team is creating value thru Strategic Deals and Negotiations with Brands and Financing Partners, Financial Risk Management, Investment Management, Cash Management and Forex. All this while maintaining and creating a very high degree of Governance and Compliance.

Some of the pieces that this team constantly tries to evolve are -

- Managing Funding, Liquidity and Risk across Onshore and Offshore Entities

- Automation by Leveraging internal and external tech and partners to provide platform for things to move on Auto-Pilot and create value from this

- Diversify Risks thru evaluation of Opportunities to Maximize returns and create Sustainable models

About the role :

AD - Treasury leads team of people who come from diverse backgrounds including previous roles but with a passion to learn, understand and impact Treasury operations. This role manages a crucial vertical in Treasury with a primary objective of firming Investment strategy and deployment across group entities, Operations, Automation, Reporting and Governance. The incumbent sets the direction for the team and support people in their career growth. He ensure that the teams have an inspiring vision for the future.

What you'll do:

- The person ideally should be a domain expert with strong control over key concepts of Treasury & Accounting. Role needs a highly energetic, truly committed and established track record professional, preferably a Chartered Accounant.

Broad Scope of Responsibilities -

Borrowing / Investment / Forex

1. Managing debt servicing and operations of company's borrowing portfolio, foreign exchange, derivative transactions

2. Relationships with banks, lenders and other key players of money/ forex /debt markets

3. Managing treasury investment portfolio with Banks/MF- s/other money market instruments

5. Ensure 100% compliance with bank covenants and complete RBI/Banking regulatory compliance

Process/Policy/Compliance:

1. Study and monitor of market related variables and analyzing their financial impact

2. Formulation of Treasury policy and risk management strategies for various group entities

3. Track & drive compliances related to ICOFR/Sox checklist/Internal audit improvement recommendations

Cross Functional :

1. Support FP&A & Accounting team for AOP, variance analysis, & preparation of board / management notes & presentations

2. Closely work with Strategy/ Marketing alliance/M&A team for solutions w.r.t wiring/cross subsidizing/escrow etc.

Cash-flow/Operations

1. Automating Treasury operations & SOP formulation

2. Cash-flow forecasting process - maintenance & betterment- Banking integration - support for implementing banking solutions

3. Month end closure

What you'll need:

- Chartered Accountant with 10-13 yrs experience and people manager

- Experience of managing teams and delivering high-quality outputs on time