Manager/General Manager - Finance & Treasury - Textile Firm

JOB DESCRIPTION : 

Role: Finance & Treasury

Grade: DC

Reporting to: CFO

1. PRINCIPAL RESPONSIBILITIES

1. Managing Treasury and Finance Functions:

a. Controlling & Monitoring Cash Flows

b. Operations of virtual accounts & moving to electronic collections platform

c. Laisoning with banks - Setting up credit lines for company, 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 .

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

e. Complying with FEMA regulations wherever needed.

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

g. Coordinating and providing information to Rating agencies

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

2. Forex Management:

a. Monitoring of Rupee-Dollar fluctuations, and providing information on company exposures

b. Hedging exposures for company Documentation and execution of the same

c. Member of FOREX committee

d. Monitoring risk and communicating it to the Risk Officer

2. KEY RESULT AREAS : 

1. Cost of Funds

2. Treasury Income

3. Forex Income

3. EDUCATIONAL QUALIFICATIONS AND EXPERIENCE : 

- Chartered Accountant or MBA (Finance) CA, with some background on Forex, dealing with structures and foreign currencies

- 8-10 years experience.