Head - Treasury

The Treasury Head is responsible for:

- Managing the entire Banking Relationships of the Firms and Corporate entities. This involves on boarding banks, negotiating sanctions for loans, interest, charges and documentation, analyzing products and recommending the best banking solutions to the VP Finance and CFO.

- Preparing Drawing Power Schedules, Cash Flows and Fund Flows.

- Ensuring Compliance with all laws and regulations, most particularly, RBI Rules, Regulations and guidelines, FEMA, Banking Regulation Act, Negotiable Instruments Act and other Acts.

- Managing all leasing relationships for these Entities. This involves on boarding of Leasing Companies, negotiating sanctions, interest, charges and documentation, analyzing products and recommending the best leasing solutions to the VP Finance and CFO.

- Scrutinizing and ensuring the correctness of all leasing agreements and subsequent documents, maintaining Lease Schedules for Availment and Drawdown, Limits, termination, extension and related activities.

Ensuring Compliance:

Forex Management: In 2013-2014 the total traded currencies exceeded Rs 1000 crores. This is expected to increase significantly. Forex Management thus becomes critical for the Firm.

- Risk Management and Hedging, including Forward covers management under the proposed Hedging policy.

- Exchange Rate Management: There is significant risk of downsides if rates are not properly and actively managed.

- Management and compliance with New Treasury Policy

- Daily cash and bank management

- Import/Export transactions.

Other Activities:

- Bank Guarantee-Preparation, Review

- Fixed deposit-Decision on placement, Letter creation

- Daily Cash Flow

- Cash Balance

- Fund Management

- Forex Management-Daily Rates

- DP reporting

- Loan Management

- PCFC Documentation

- PCFC Tracking

- FD Accounting/ Accrued interest

- Interbank transfers

- Banking queries

- BRC's coordination

- FIRC filing & other documentation

- The person should have intimate knowledge of Commercial Banking and Trade Banking, should be conversant with Forex management, Banking Products, Rates and Banking Practices, should have good working knowledge of RBI, FEMA and BRA Acts, Rules, Regulations and Guidelines and should be constantly updated on these laws and regulations.

- The person should have good financial acumen and ability to negotiate with Senior Bankers and Lease managers.

- The person should have good working knowledge of International Banking practices.

- Ideally the person should have worked for 10 + years in a Bank or in a senior position in Treasury of a Large organization with Forex exposures and Borrowing requirements.

If the given role interests you, request you to revert back with your updated CV

Somdatta Dhar