Wipro Enterprises (Wipro Consumer Care & Lighting and Wipro Infrastructure Engineering) - Assistant Manager/ Manager - Treasury Middle Office

About the company:

About the company:

( Wipro Consumer Care and Lighting - https://wiproconsumercare.com/wipro-enterprises-p-ltd/ )

(Wipro Infrastructure Engineering - https://www.wiproinfra.com/)

Founded in 1945 as a Vegetable Oil Company. Wipro Enterprises has Wipro Consumer Care and Lighting and Wipro Infrastructure Engineering under its umbrella. Wipro Consumer Care & Lighting is a leading FMCG

business in Personal Care, Home Care, Lighting & Switches and Office Furniture.

Wipro Infrastructure Engineering is a diversified engineering business in the fields of Hydraulics, Water Treatment, Additive Manufacturing, Aerospace and Automation Solutions.

Wipro Consumer Care and Lighting is among the fastest growing FMCG businesses in its operating geographies of Asia, the Middle East and Africa, with revenues of over Rs.7700 Crs. Its businesses include personal wash products, skincare products, male grooming products, toiletries, wellness products, household products,

electrical wire devices, domestic and commercial Lighting and modular office furniture. It has a strong brand presence with significant market share across segments in India, Southeast Asia, East Asia, Africa and the

Middle East. Wipro Consumer Care starts a new chapter with its entry into the foods business through the announcement of our latest acquisitions of Nirapara and Brahmins, traditional food brands from Kerala.

Wipro Infrastructure Engineering (WIN) business spans over four decades in hydraulics. It is amongst the largest independent hydraulic cylinder manufacturers in the world. It delivers over a million cylinders to Original Equipment Manufacturers (OEMs) across the globe. WIN specializes in designing and manufacturing

custom built Hydraulic Cylinders for applications in diverse segments of Construction & Earthmoving, Material & Cargo Handling, Forestry, Farm & Agriculture, Mining and Truck Tipping.

Responsibilities:

A) Track treasury workflow and exposure to ensure Treasury policies are adhered to and analyzing treasury performance.

1. Track operating process to ensure compliance and controls

2. Highlighting the management about any breach in policies and taking timely corrective actions

3. Continuous evaluation of Treasury Policy to propose changes to match best practices

4. Treasury return computation

5. Quarterly presentation to management

B) Managing the Banking and Borrowing requirement for the group (including subsidiaries)

1. Ensure funds are available for business as and when required.

2. Negotiating lines with banks (commercials, covenants, and documentation)

3. Optimize the cost of borrowing

4. Ensure efficiency of banking operation

C) Working knowledge of trade finance products. Knowledge of ICC guidelines like UCP, URDG, ISP, UCC, URC

1. Understanding of different modes in international payments (open account, LC ,

2. Issuance of LC, presentation, and negotiation

3. Understanding of bank guarantee and standby letter of credit.

D) Evaluate & implement two new IT systems like IBS Fintech to reduce manual workload and Evaluate & implement two new IT systems like IBS Fintech to reduce manual workload and enhance process and system enhance process and system efficiency.

E) Work closely with business and fintech partners to implement supplier and Dealer financing with business and fintech partners to implement supplier and Dealer financing solutions (supply chain financing solutions)

F) Interaction with external rating agencies.

Skills/Qualifications:

- MBA Finance/ CFA (All levels cleared)/ CMA - India

- Minimum 5+ years' experience in the treasury team.

Please note we work 5.5 days out of office.