SUMMARY OF THE OVERALL JOB - To be responsible for managing the Cash Flow, Liaising with Banks and monitoring critical foreign currency movements to minimize foreign currency losses.&nbsp; - To hedge Rouble/USD (and other income currencies) to mitigate risk of currency volatility.&nbsp; - To monitor cash flow to ensure sufficient fund is available for operations and invest surplus fund in consultation with Finance controller and President. KEY RESULT AREAS -&nbsp; - Preparing cash forecast for rolling three months (Direct &amp; indirect method) which need to be monitored every month to ensure enough liquidity to take care of operating expenses and capital requirement - Working closely with other entities and function for getting the fund forecast right - On top of FOREX market volatility especially for critical currencies - On time and accurate Treasury &amp; Forex MIS - Liaison with credit rating agencies and other multilateral agencies as and when required - Hedging 1. Prepare risk mitigation plan and evaluate and prepare strategies to cover currency risk 2. Optimize Cost of Hedging - Managing &amp; executing Foreign remittance and Fund inflow from foreign entities in consultation with Finance controller - On time investment of surplus funds in high yielding securities Compliance: - Ensure compliances such as Statutory, company act, FEMA, RBI guidelines etc. while managing Banking and Forex activities - Ensure timely submission of stock statement, renewal of documents, no default certificates etc. KEY FUNCTIONS / RESPONSIBILITIES FOREX MANAGEMENT - To track the exchange rate volatility of currencies, identify risks of financial health of the organization, prepare short term and long-term strategies for Forex exposure and take appropriate hedging. - To build strong relationship with banks and FOREX Consultant to get inputs from them on likely movements in the exchange rate. - To adhere to the Forex policy. - To finalize annual benchmark rates for conversion for the budgeting process with the help of Forex Consultants, Finance Controller &amp; CFO. TREASURY - To review cash flow for rolling three months to ensure surplus cash is invested. - To manage relationships with multiple banks to explore right investment opportunities and reduce risk of liquidity of funds. - To manage the investment portfolio to deliver yields as per the guidelines/benchmark. - Ensure effective control and s- gr- gation of duty (SOD) are in place in Treasury function FOREX POLICY &amp; MIS - To prepare an outlook and set benchmark rates for the currencies that company is exposed based on the economic situation of the country. - To prepare the FOREX policy with help of Forex consultants and get approved from President and CFO. - To prepare MIS as per FOREX policy and circulate Compliances - Ensure the adherence to compliances such as Statutory, company act, FEMA, RBI guidelines etc. while managing Banking and Forex activities - Ensure timely submission of stock statement, renewal of documents, no default certificates etc. - Work with SCM to ensure timely EBRC's from Banks EDUCATION AND EXPERIENCE Education: CA/MBA from a premier institute&nbsp; Experience: 6 + years of experience with some exposure in managing FOREX

Gurgaon/Gurugram

Sentiss Pharma - Manager - Forex & Treasury 

Sentiss Pharma - Manager - Forex & Treasury  ,Job Description for Sentiss Pharma - Manager - Forex & Treasury  in Sentiss Pharma Pvt. Ltd. in  Gurgaon/Gurugram for (6-9) years of experience. Apply Now!

Job Description for Sentiss Pharma - Manager - Forex & Treasury  in Sentiss Pharma Pvt. Ltd. in  Gurgaon/Gurugram for (6-9) years of experience. Apply Now!