Head - Forex & Treasury - Manufacturing

QUALIFICATION : CA/MBA

Managing Treasury and Finance Functions - 

- Controlling & Monitoring Cash Flows

- Operations of virtual accounts & moving to electronic collections platform

- Laisoning with banks - Setting up credit lines, negotiating for rates, account openings, electronic - payment, dealing with consortium bankers for fund based & non-fund based lines etc. Negotiations for special loans (capex) and customising structures /products with Banks with regard to the organisation's requirements.

- Making our various reports for Banks (statutory & compliances) & holding of quarterly consortium meeting.

- Complying with FEMA regulations wherever needed.

- Managing funding requirements of group companies - e.g. loans to subsidiaries etc.

- Coordinating and providing information to Rating agencies

- Managing the fund flow of subsidiary company - Setting up credit lines, opening of LC etc.

Forex Management:

- Monitoring of Rupee-Dollar fluctuations, and providing information on organisation exposures

- Hedging exposures for the Organisation. Documentation and execution of the same

- Member of FOREX committee

- Monitoring risk and communicating it to the Risk Officer