Rochem - Treasury & Banking Role

Job Title: Treasury and Banking

Reporting to: CFO

Location: Corporate Office

Job Description Overview

Responsible for managing day-to-day treasury operations, banking relationships, credit facilities, foreign exchange transactions, regulatory payments (including customs duties and MSME obligations), and ensuring efficient cash flow management across the organisation.

The role supports both operational liquidity and strategic fund planning in alignment with business requirements and compliance obligations.

Key Responsibilities (KRAs)

1.Daily Cash Flow Management

- Monitor and manage daily fund position across all bank accounts

- Prepare daily and weekly cash flow forecasts in coordination with business and AP/AR teams

- Allocate funds for vendor payments, salaries, tax liabilities, and statutory dues

2.Banking Operations and Relationship Management

- Maintain strong working relationships with multiple banks

- Oversee day-to-day banking activities including RTGS/NEFT, online transactions, bank reconciliations

- Manage digital banking platforms and resolve transaction-level issues

3.Credit Facilities and Working Capital Management

- Monitor utilisation and renewal of working capital limits (CC, OD, WCDL, etc.

- Liaise with banks for credit enhancement, interest rate negotiations, and documentation

- Ensure timely submission of stock statements, QIS reports, and covenant compliance

4.Foreign Exchange and Trade Finance

- Execute and track foreign currency payments and receipts

- Manage Letters of Credit (LC), Bank Guarantees (BG), and inward/outward remittances

- Monitor exchange rate trends and manage forex hedging where applicable

- Ensure accurate forex booking, MTM tracking, and compliance with FEMA regulations

5.Statutory and Regulatory Payments

- Manage timely payment of customs duties, import documentation, and shipping line payments

- Ensure compliance with MSME Act timelines and prioritisation of vendor payments accordingly

- Support timely GST, TDS, and ROC-related payments through banking systems

6.Treasury Reporting and MIS

- Prepare weekly and monthly treasury dashboards including fund position, utilisation, and forecast

- Track interest costs, bank charges, and fund efficiency KPIs

- Provide inputs to management on liquidity, funding gaps, and optimisation opportunities

7.Audit and Compliance

- Support statutory and internal audits related to banking and treasury

- Ensure documentation and trails for all financial transactions, approvals, and external borrowings

- Maintain updated records of all loan agreements, LC/BG expiries, and regulatory submissions

8.Process Efficiency and Controls

- Drive automation in banking and treasury processes (host-to-host integration, ERP bank modules)

- Implement maker-checker controls for transaction processing

- Monitor internal SOP adherence and recommend improvements

Candidate Profile

- Qualification CA

- Experience 8-10 years in treasury/banking, preferably in a listed manufacturing company

- Systems Proficiency in ERP (SAP / Oracle / Microsoft Dynamics), online banking portals

- Skills Strong understanding of cash flow, forex, credit structures, and compliance

- Soft Skills Analytical mindset, negotiation, risk management, attention to detail