Sr Manager/DGM - Treasury - CA - Non Banking Sector

Job Profile:

- Arrange for short term / long term lines of borrowings for the Group companies at lowest possible cost.

- Directs and develops strategies associated with ongoing re-engineering of financial operations.

- Assist in managing the company's credit facilities (Revolver and term loans)

- Minimize the risk on account of foreign exchange rate fluctuations

- Monitor global cash balances and manage effective repatriation of excess cash

- Support in execution of foreign exchange transactions and management of hedging programs

- Ensure timely adherence to RBI related compliance's

- Ensure that all treasury functions are carried out within the defined guidelines and policies

- Regularly update investment policies, and monitor compliance with the updated policies

- Ensure that the Group borrowings has the best credit rating

- Responsible for filing quarterly short-term issuance reports with the rating agencies

- Responsible for Company's Bank relationships, i.e., negotiations on pricing, bank services purchased, review of new banking cash management products and bank agreements. Manage the overall budget for bank fees

- Ensure that there are no idle funds and get best returns for surplus funds ensuring minimum risk to Co.

- Timely reporting of all function related MIS by Performing month-end and quarterly-end treasury-related close functions

- Adhere to Indian accounting standards for Financial Instruments: Disclosure, Recognition and Measurement definitions in accounting reports

- Management of consolidated cash resources by governing Daily decisions on cash requirements through cash accounting, electronic funds movements and letters of credit

- Develops and maintains forecast models necessary to support short-term and intermediate cash flows

- Enhance domestic and international cash flow forecasting process

Key Challenges:

- Estimation of the business needs in advance and arranging suitable structure of borrowing

- To address the Rating deterrents and highlight the key strengths

- To keep the flexibility to invest as per market dynamics

- Adopt to the markets / RBI policy guideline

- Changes in internal policies as per external requirements

- Keeping tracking and adopting to new statutory guidelines namely RBI

- Regular meeting and to ensure relationship at all levels in the bank

- Timely MIS reporting

- Understanding the business cash flow

- Negotiation of charges with banks

Desired Candidate:

- CA with 10+ years of experience

- Persuading and influencing

- Learning and researching

- Entrepreneurial and Commercial Thinking