Experience - 1 to 3 Years

Work Location - Bangalore / Mumbai

Skills required -Proficient in banking Operations & Transaction banking

Banking Operations Treasury Function ( Experience 1-3 years)
• Monitor and analyze the company’s daily cash position to cover cash commitments and coordinate / optimize the execution of the daily cash management duties.
• Pool cash from all secondary bank accounts, globally
• Ensuring adherence to all of cut-off schedules by cross functional department of all funding requirements.
• Accounting of all banking related accounting entries.
• Assist in executing Standby Letters of Credit, Bank Guarantees, Performance bonds and similar instruments.
• Prepare daily, weekly, and monthly reports on the global cash position and any related MIS.
• Assist with the company’s hedging program.
• Assist with short- and long-term intercompany settlements and transactions.
• Provide information in connection with external and internal audits and compliance related to banking activities.
• Coordination with cross functional teams to ensure seamless flow of information to ensure fund flow requirements are coordinated.
• Develop, monitor, and analyze bank charges, for global baking accounts.
• Maintain positive banking relationships with all key banks.
• Assist in maintaining banking records and legal documentation.
• Work with treasury management to maintain and rationalize the company’s choice of key global banks including the analysis of bank fee structures, services, relationships, credit levels and counterparty credit quality / exposure.
• Assist other departments (e.g., audit, accounting) with quarter-end and ad-hoc information requests as needed.
• Act as a treasury liaison with the company’s business units in setting up new banking accounts, services, and handling bank inquiries and related matters.
• Work with company’s FP&A, to prepare periodic cashflow forecasts and other cash and borrowing projection models; coordinates with teams to identify and mitigate forecasting variances.
• Recommend and implement solutions to strengthen operational controls and incorporate best practices