Treasury & Finance Manager - Roles & Responsibilities

Chartered Accountant (CA)

Reporting To: CFO / Head - Finance & Accounts

Department: Finance & Treasury

1. Treasury Management:

- Manage daily cash flow operations, ensuring liquidity for business needs.

- Prepare cash flow forecasts (daily, weekly, monthly) and variance analysis.

- Monitor and control bank balances, fund movements, and inter-company transfers.

- Ensure optimal fund utilisation and monitor interest costs.

- Handle banking operations: account opening/closing, KYC updates, and managing signatories.

- Coordinate with banks for working capital limits, LC/BG issuance, term loans, and renewals.

- Evaluate and recommend short-term investment opportunities (FDs, liquid funds) for surplus funds.

- Maintain and monitor treasury policies, ensuring compliance with internal controls.

- Prepare Treasury MIS reports: fund position, utilisation, borrowing cost, and liquidity metrics.

2. Audit Coordination (External & Internal):

- Serve as the primary point of contact for both internal and statutory auditors.

- Coordinate the audit calendar, ensuring timely completion of interim and year-end audits.

- Prepare and provide audit schedules, ledger reconciliations, and supporting documents.

- Review audit observations and coordinate with departments for prompt resolution.

- Implement and monitor audit recommendations and internal control improvements.

- Ensure compliance with accounting standards (Ind AS/AS) and statutory requirements.

3. Books Closing & Finalisation:

- Oversee monthly, quarterly, and annual closing of books of accounts.

- Ensure accuracy in provisions, accruals, depreciation, and other adjustments.

- Review and approve GL reconciliations, bank reconciliations, and inter-company accounts.

- Ensure timely posting of journal entries and review trial balance before closure.

- Prepare and review financial statements (P&L, Balance Sheet, Cash Flow) as per Ind AS.

- Support CFO in finalisation of annual accounts and liaison with auditors for sign-offs.

4. MIS & Management Reporting:

- Prepare monthly MIS packs covering P&L, balance sheet, cash flow, variances, and KPIs.

- Analyse budget vs actuals, identifying reasons for deviations and recommending corrective actions.

- Present store-wise, region-wise, and business segment-wise financial performance reports.

- Support management in strategic decision-making with data-driven financial insights.

- Automate and improve reporting processes using Excel, Power BI, or ERP dashboards.

- Consolidate weekly cash flow statements and funding requirements for management review.

5. Compliance & Control:

- Ensure adherence to Company Policies, SOPs, and statutory compliance (TDS, GST, ROC, etc.).

- Strengthen internal controls across treasury, accounting, and payment processes.

- Implement maker-checker mechanisms for payments and approvals.

- Support the finance leadership team in process improvement and ERP control implementation.

6. Team Management & Coordination:

- Supervise a small team handling cash, banking, accounts payable/receivable, and reconciliations.

- Provide training, guidance, and performance feedback to team members.

- Coordinate cross-functionally with operations, procurement, and HR for financial matters.

Key Skills & Competencies:

- Strong knowledge of treasury operations, cash flow, and fund management.

- Expertise in finalisation of accounts, audit coordination, and MIS reporting.

- Working knowledge of ERP systems (SAP / Oracle / Tally Prime / Navision).

- Proficiency in Excel (Pivot, VLOOKUP, dashboards) and financial analysis.

- Understanding of banking, Ind AS, GST, TDS, and Companies Act.

- Strong analytical, communication, and stakeholder management skills.

Performance Indicators (KPIs):

- Accuracy and timeliness of cash flow forecasts.

- Timely closure of monthly and annual books.

- Zero or minimal audit observations.

- Quality and timeliness of MIS reports.

- Efficient working capital management and cost of funds optimization.