Job Description
This position is responsible for efficiently planning and managing the short term and long term fund requirements of the organization to optimize the borrowing costs, ensure timely availability of funds and ensuring smooth functioning of the import-export and banking operations.
KEYPERFORMANCE AREAS
• Cash flow Management
• Management of Bank consortium and Credit rating
• Debt Management
• Adherence to organizations Forex hedging Policy
• Timely availability of funds
• Average borrowing cost in lien with budget
• Special projects for funding
Functions And Responsibilities
Funds Planning
• Understand the funding requirement for business along with the Finance controller and business managers
• Assess the funds requirement of the company- short, medium and long term and make recommendations on sourcing in line with the overall corporate guidance
• Suggest innovative and alternate ways of sourcing funds with inherent cost benefits
• Ensure appropriate systems for cash flow planning
• Continually monitor domestic and international investment avenues in collaboration with the Banking and cash flow head, to facilitate prudent investment decision making.
Effective Funds management
• Ensure effective utilization of funds, including investment of idle funds to get optimum yield
• Ensure monitoring of timely interest and commission receipts, payments, repayments
• Assessment of availability and utility of short term loans when taken against exports e.g. Pre-Shipment Credit in Foreign Currency loans, etc.
• Analysis and review of all the avenues of loan servicing and other forms of borrowing.
• Conduct Risk Scenario Assessment which includes customer credit management, vendor/contractor financial analysis, liability claims management, business disaster recovery, forex exposure and company assets and develop risk mitigation strategiesForeign exchange management
• Decide on the Forex hedging positions in coordination with the leadership team to shield organisation from market fluctuations
• Ensure adequacy of risk cover on assets by way of insurance at the least possible premium pay out
Managing Banking Relations
• Proactively build relationship with bankers and other lenders
• Build relationships with credit rating agencies, financial analysts and ensure high level of rating for the organisation
• Keep abreast of all new developments , products available and legislation pertaining to treasury products
• Work on building long term credibility, trust with individual banks/ Consortiums through effective relationship management to facilitate efficient fund raising
• Ensure that credit rating procedures and compliances are met
• Promptly apprise Head Finance and leadership team on any sudden developments at micro or macro level that may impact the organization
Cash flow and Banking Operations
• Ensure regular and methodical ways are followed for collection process across the organization and for other cash management processes
• Provide adequate and effective guidelines and processes for cash forecasting, budgeting and management
• Assist in planning of cash flow and match requirements to sources to ensure adequate and timely funding, minimising the value of surplus cash/deposits
• Ensure the accuracy and maintenance of accounts and their utilisation and ensure by way of unplanned checks, that adequate balance shall be maintained
• Authorise and recheck the issuance and printing of cheques and ensure that the same is being carried out in an orderly manner
• Ensure and assist the generation of daily, monthly and rolling cash flow statements which help in ascertaining the working capital position of the company
• Ensure the consideration of making collective decisions on consortium and individual banks to make sure of benefits in the long run
Import-Export Operations
• Overall monitoring at regular intervals, and ensuring smooth processing of all aspects pertaining to import of materials and capex items
• Ensure and undertake discussions on terms of rate for procurement of materials to be imported
• Ensure orderly and systematic management of advances received from exports and their financial and accounting treatment.
• Provide any information / report to the leadership team, as required
• Ensure timely completion of all export related documentation that shall in relation to associated Banks
• Ensure regular carrying out and cessation of all accounting entries for exports and ensure that all export related compliances shall be fulfilled
• Overlooking and ensuring that all compliances that are set by the Reserve Bank of India for import and export operations, shall be fully complied with
• Assist in coordinating and simplifying the complicated and fragmented export documentation procedures
• Devise MIS formats to provide updates to the leadership team on various aspects of treasury operations.
• Ensure accurate and timely update of import-export related entries on the system
• Provide any information / report to the leadership team, as required
People Management
• Mentor, provide operational leadership and technical guidance to the team, thereby developing a strong and competent team
• Conduct effective performance appraisals for the team and identify training needs
• Motivate, counsel and coach employees to ensure a conducive working environment
Education and Experience Required
Education:
Post Graduate (Finance) / MBA / CA
Experience:
10 - 12 years experience preferably with experience in fund raising
KEYPERFORMANCE AREAS
• Cash flow Management
• Management of Bank consortium and Credit rating
• Debt Management
• Adherence to organizations Forex hedging Policy
• Timely availability of funds
• Average borrowing cost in lien with budget
• Special projects for funding
Functions And Responsibilities
Funds Planning
• Understand the funding requirement for business along with the Finance controller and business managers
• Assess the funds requirement of the company- short, medium and long term and make recommendations on sourcing in line with the overall corporate guidance
• Suggest innovative and alternate ways of sourcing funds with inherent cost benefits
• Ensure appropriate systems for cash flow planning
• Continually monitor domestic and international investment avenues in collaboration with the Banking and cash flow head, to facilitate prudent investment decision making.
Effective Funds management
• Ensure effective utilization of funds, including investment of idle funds to get optimum yield
• Ensure monitoring of timely interest and commission receipts, payments, repayments
• Assessment of availability and utility of short term loans when taken against exports e.g. Pre-Shipment Credit in Foreign Currency loans, etc.
• Analysis and review of all the avenues of loan servicing and other forms of borrowing.
• Conduct Risk Scenario Assessment which includes customer credit management, vendor/contractor financial analysis, liability claims management, business disaster recovery, forex exposure and company assets and develop risk mitigation strategiesForeign exchange management
• Decide on the Forex hedging positions in coordination with the leadership team to shield organisation from market fluctuations
• Ensure adequacy of risk cover on assets by way of insurance at the least possible premium pay out
Managing Banking Relations
• Proactively build relationship with bankers and other lenders
• Build relationships with credit rating agencies, financial analysts and ensure high level of rating for the organisation
• Keep abreast of all new developments , products available and legislation pertaining to treasury products
• Work on building long term credibility, trust with individual banks/ Consortiums through effective relationship management to facilitate efficient fund raising
• Ensure that credit rating procedures and compliances are met
• Promptly apprise Head Finance and leadership team on any sudden developments at micro or macro level that may impact the organization
Cash flow and Banking Operations
• Ensure regular and methodical ways are followed for collection process across the organization and for other cash management processes
• Provide adequate and effective guidelines and processes for cash forecasting, budgeting and management
• Assist in planning of cash flow and match requirements to sources to ensure adequate and timely funding, minimising the value of surplus cash/deposits
• Ensure the accuracy and maintenance of accounts and their utilisation and ensure by way of unplanned checks, that adequate balance shall be maintained
• Authorise and recheck the issuance and printing of cheques and ensure that the same is being carried out in an orderly manner
• Ensure and assist the generation of daily, monthly and rolling cash flow statements which help in ascertaining the working capital position of the company
• Ensure the consideration of making collective decisions on consortium and individual banks to make sure of benefits in the long run
Import-Export Operations
• Overall monitoring at regular intervals, and ensuring smooth processing of all aspects pertaining to import of materials and capex items
• Ensure and undertake discussions on terms of rate for procurement of materials to be imported
• Ensure orderly and systematic management of advances received from exports and their financial and accounting treatment.
• Provide any information / report to the leadership team, as required
• Ensure timely completion of all export related documentation that shall in relation to associated Banks
• Ensure regular carrying out and cessation of all accounting entries for exports and ensure that all export related compliances shall be fulfilled
• Overlooking and ensuring that all compliances that are set by the Reserve Bank of India for import and export operations, shall be fully complied with
• Assist in coordinating and simplifying the complicated and fragmented export documentation procedures
• Devise MIS formats to provide updates to the leadership team on various aspects of treasury operations.
• Ensure accurate and timely update of import-export related entries on the system
• Provide any information / report to the leadership team, as required
People Management
• Mentor, provide operational leadership and technical guidance to the team, thereby developing a strong and competent team
• Conduct effective performance appraisals for the team and identify training needs
• Motivate, counsel and coach employees to ensure a conducive working environment
Education and Experience Required
Education:
Post Graduate (Finance) / MBA / CA
Experience:
10 - 12 years experience preferably with experience in fund raising
💡 Quick Summary
Seeking a career-building opportunity? The GM | Treasury position is now open for candidates interested in the Bank Jobs sector. This role in New Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
