Job Title: Head of Treasury

Location: Baroda, India

Role Overview

We are looking for an experienced treasury professional to lead cash flow planning, foreign exchange management, and treasury operations for a growing multinational organization in the distribution sector.

The Head of Treasury will be the operational lead for all treasury activities in the Baroda office, overseeing cash flow forecasting, liquidity management, supplier payments, and foreign exchange (FX) risk management. This senior role reports to the Group Finance Manager (UK) with a dotted line to the Group Finance Director (CFO) and leads the India-based treasury team.

This position will take full ownership of day-to-day treasury operations and will also drive strategic treasury planning, including cash flow modeling and working capital optimization. The role requires independent decision-making, proactive insights on cash management, and strong leadership capability.

Industry experience in a stock-intensive or distribution business is highly preferred due to the working capital and inventory-related nature of the role.

Reporting Structure

Reports to: Group Finance Manager (UK)
Dotted line to: Group Finance Director / CFO (UK)
Team: Leads the India treasury sub-team (3–4 members) within a 7–8 person finance team.

Key Responsibilities

Cash Flow Forecasting & Liquidity Management

Develop and maintain short-term and long-term cash flow forecasts
Monitor daily cash positions and ensure adequate liquidity
Manage inter-company fund transfers and optimize use of credit facilities

Foreign Exchange (FX) & Risk Management

Manage multi-currency cash balances and FX exposure
Execute hedging strategies and forward contracts as required
Provide guidance on currency risk related to imports, exports, and global transactions

Treasury Operations & Controls

Oversee supplier payments, banking transactions, and trade finance activities
Ensure compliance with internal controls, audit requirements, and approval policies
Maintain segregation of duties and accuracy in treasury documentation
Coordinate with accounts payable and procurement teams to improve payment efficiency and supplier relationships

Working Capital & Financing

Collaborate with finance and inventory teams to optimize working capital
Monitor stock levels and debtor/creditor cycles to anticipate cash requirements
Interface with banks on operational treasury matters such as FX execution, loan drawdowns, repayments, and documentation
Ensure compliance with treasury-related regulatory requirements in India

Reporting & Strategic Planning

Prepare weekly and ad-hoc cash flow and treasury reports for senior management
Analyze variances, identify risks or opportunities, and recommend actions
Support budgeting and scenario planning through cash flow projections
Proactively suggest improvements to treasury processes and cash management tools

Team Leadership & Development

Lead and mentor the Baroda-based treasury team
Set objectives, KPIs, and ensure skill development within the team
Promote accuracy, diligence, documentation, and process continuity
Coordinate closely with UK finance and cross-functional teams

Candidate Requirements:

Experience

10+ years of experience in corporate treasury or finance roles
Strong exposure to multinational environments
Experience in distribution, manufacturing, or inventory-heavy industries preferred

Technical Skills

Strong cash flow forecasting and financial modeling expertise (e.g., 13-week forecasts)
Hands-on experience in FX management and hedging instruments
Knowledge of banking products, credit facilities, trade finance, and treasury systems
Advanced Excel or treasury management system proficiency

Strategic & Leadership Skills

Ability to think proactively and take independent treasury decisions
Proven track record of improving treasury processes or controls
Strong people management, stakeholder communication, and collaboration skills

Education

Bachelor's degree in Finance, Accounting, or related field (mandatory)
MBA, CA, CFA, or treasury certifications (ACT, etc.) preferred but not mandatory

Integrity & Compliance

Strong understanding of treasury controls, compliance, and RBI/FX regulations
High attention to detail and commitment to accuracy and governance.

Summary of Role Requirements

Key Responsibilities

Cash flow & liquidity planning
FX & risk management
Treasury operations & controls
Team leadership and stakeholder coordination

Required Profile

8+ years of treasury/finance experience
Strong cash flow modeling and FX expertise
Leadership and decision-making capability
Background in working capital–intensive industries preferred

Oracle Bi Publisher

Technical Sales Manager

Industry 4.0 Engineer (Siemens OpCenter)

Software Applications Specialist I

Treasury Manager

Informatica MDM