Job Description
Please note that this is not a general accounting and taxation role.
Position Summary:
We are seeking an experienced, analytical, and detail-oriented professional in Corporate Finance and Treasury in a Leadership Role to lead and manage the organization’s key financial operations. The ideal candidate will be responsible for financial planning and analysis, banking and treasury operations, credit management, and compliance with financial regulations. This role plays a vital part in providing strategic financial guidance and ensuring that financial practices support the company’s long-term goals.
Key Responsibilities:
Financial Planning & Reporting:
• Prepare and present monthly EMI schedules for financial planning and management review.
• Compile and submit BG (Bank Guarantee) utilization and outstanding position reports to support strategic decision-making.
• Ensure timely and accurate financial reporting through MIS for all treasury-related charges and operations.
Banking & Treasury Management:
• Maintain and reconcile the BG ledger and LC (Letter of Credit) register, ensuring proper documentation and charge tracking through MIS.
• Coordinate with banks to negotiate and finalize interest rates for LC discounting and WCDL (Working Capital Demand Loans).
• Draft and finalize proposals for bank credit limit renewals and enhancements in line with business needs.
• Evaluate and recommend potential new banking partners to meet evolving organizational credit requirements.
Working Capital & Credit Management:
• Monitor and Negotitate interest on Working Capital Limit (WCL) renewals and enhancements with high accuracy.
• Monitor bank-wise credit limit utilization and optimize financing structures to support operations efficiently.
• Ensure timely compliance with credit rating requirements to maintain a strong credit profile.
• Cost & Risk Optimization:
• Drive initiatives to minimize the cost of funds and reduce financial expenses through proactive treasury management.
• Oversee infrastructure and stock insurance coverage to mitigate operational and financial risk.
• Ensure adequate collateral security and manage periodic property valuations in alignment with financial policies.
Compliance & Governance:
• Ensure full adherence to banking-related contractual obligations, avoiding penalties or regulatory issues.
• Review LC and WCDL charges on a transaction-wise basis to ensure compliance and correct financial allocation.
Skills and Experience Required:
• Bachelor’s degree in any field with Masters in Finance/CA inter.
• Minimum 12+ years of experience in Finance or Financial roles in the electrical or manufacturing sector (preferably in power transmission).
• Strong knowledge of financial instruments, banking operations, credit facilities, and regulatory frameworks.
• Excellent leadership, negotiation, and communication skills.
• Strong communication, negotiation, and interpersonal skills.
• Attention to detail and the ability to work under pressure to meet tight deadlines.
About Mahavir Transmission Limited:
MTL is a promoter-led organization on a strong growth trajectory, currently undertaking a comprehensive organizational and cultural transformation to evolve into a professionally managed enterprise. This transformation is focused on building a high-performance culture, strengthening governance, and establishing robust, scalable processes to support sustainable growth.
As part of this journey, the company is investing in leadership development and empowerment by building a new cadre of agile, high-potential professionals who are execution-driven, ownership-oriented, and capable of leading from the front. MTL is also sharpening its focus on process excellence across functions to enable efficiency, accountability, and consistency as it expands into new markets and product segments.
• Three manufacturing units
• Corporate operations based in Noida
• Working days: Monday to Saturday
• Working hours: 9:00 AM to 5:30 PM
This is a unique opportunity for professionals who wish to play a pivotal role in shaping systems, driving growth, and contributing directly to an organization’s evolution into a professionally managed enterprise.
Position Summary:
We are seeking an experienced, analytical, and detail-oriented professional in Corporate Finance and Treasury in a Leadership Role to lead and manage the organization’s key financial operations. The ideal candidate will be responsible for financial planning and analysis, banking and treasury operations, credit management, and compliance with financial regulations. This role plays a vital part in providing strategic financial guidance and ensuring that financial practices support the company’s long-term goals.
Key Responsibilities:
Financial Planning & Reporting:
• Prepare and present monthly EMI schedules for financial planning and management review.
• Compile and submit BG (Bank Guarantee) utilization and outstanding position reports to support strategic decision-making.
• Ensure timely and accurate financial reporting through MIS for all treasury-related charges and operations.
Banking & Treasury Management:
• Maintain and reconcile the BG ledger and LC (Letter of Credit) register, ensuring proper documentation and charge tracking through MIS.
• Coordinate with banks to negotiate and finalize interest rates for LC discounting and WCDL (Working Capital Demand Loans).
• Draft and finalize proposals for bank credit limit renewals and enhancements in line with business needs.
• Evaluate and recommend potential new banking partners to meet evolving organizational credit requirements.
Working Capital & Credit Management:
• Monitor and Negotitate interest on Working Capital Limit (WCL) renewals and enhancements with high accuracy.
• Monitor bank-wise credit limit utilization and optimize financing structures to support operations efficiently.
• Ensure timely compliance with credit rating requirements to maintain a strong credit profile.
• Cost & Risk Optimization:
• Drive initiatives to minimize the cost of funds and reduce financial expenses through proactive treasury management.
• Oversee infrastructure and stock insurance coverage to mitigate operational and financial risk.
• Ensure adequate collateral security and manage periodic property valuations in alignment with financial policies.
Compliance & Governance:
• Ensure full adherence to banking-related contractual obligations, avoiding penalties or regulatory issues.
• Review LC and WCDL charges on a transaction-wise basis to ensure compliance and correct financial allocation.
Skills and Experience Required:
• Bachelor’s degree in any field with Masters in Finance/CA inter.
• Minimum 12+ years of experience in Finance or Financial roles in the electrical or manufacturing sector (preferably in power transmission).
• Strong knowledge of financial instruments, banking operations, credit facilities, and regulatory frameworks.
• Excellent leadership, negotiation, and communication skills.
• Strong communication, negotiation, and interpersonal skills.
• Attention to detail and the ability to work under pressure to meet tight deadlines.
About Mahavir Transmission Limited:
MTL is a promoter-led organization on a strong growth trajectory, currently undertaking a comprehensive organizational and cultural transformation to evolve into a professionally managed enterprise. This transformation is focused on building a high-performance culture, strengthening governance, and establishing robust, scalable processes to support sustainable growth.
As part of this journey, the company is investing in leadership development and empowerment by building a new cadre of agile, high-potential professionals who are execution-driven, ownership-oriented, and capable of leading from the front. MTL is also sharpening its focus on process excellence across functions to enable efficiency, accountability, and consistency as it expands into new markets and product segments.
• Three manufacturing units
• Corporate operations based in Noida
• Working days: Monday to Saturday
• Working hours: 9:00 AM to 5:30 PM
This is a unique opportunity for professionals who wish to play a pivotal role in shaping systems, driving growth, and contributing directly to an organization’s evolution into a professionally managed enterprise.
💡 Quick Summary
Seeking a career-building opportunity? The Leader - Banking Finance & Treasury position is now open for candidates interested in the Bank Jobs sector. This role in Noida 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.