Position Title: Lead, Banking & Debt Finance, ACG Group

Department: Corporate Finance

Business Unit: ACG Corporate

Designation: Assistant Manager / Senior Executive

Reports to: Global Head Treasury

Location: Jogeshwari West, Mumbai

Job Objective

Understand the debt requirement of the group and execute optimum financing solution
Undertake all the necessary activities for meeting the funding requirement of the group companies including foreign subsidiary
Act as a link between Forex front office and group companies for follow up on exposure and support in day to day FX operations.

Primary responsibilities

Debt Finance:

Monitoring of cash flow and financial covenants of all group companies on periodic basis.
Monitor compliance with financing conditions and obligations as per loan documents
Coordinate the drawdown/repayment formalities for debt facilities.
Timely completion of all activities related to security/mortgage creation and perfection against the loans.
Reviewing the documentation.
Periodic activities related valuation, TSR
Completion of relevant ROC filings
Monitoring of cash flow and financial covenants of all group companies on periodic basis.
Support to businesses in ODI transactions
Assist in preparation of ODI documents
Resolve queries from banks
Support in completing the periodic filings related to ODI
Support in all Banking activities as per business requirements
Remain updated on the RBI notifications/circular.
Ascertain implications on business operations.
Support to Business for closure of EDPMS/IDPMS
Trade finance transactional support as per business requirements
Monitoring and analysing the bank balances across foreign subs
Bank charges monitoring across all group companies, ensure uniformity

Forex:

Preparing Daily Deal Blotter
Ensuring all disposal emails received are attended
Sending All Import Payments Disposals to Bank
Daily Updating Forward File and ensure it tallies with Back office
Resolving Bank queries by coordinating with SSC Team
Collate data for hedging FX risk of foreign subsidiary
In case inward is not credited and rates are in PAST DUE resolving the same by speaking to bank / SSC Team
MTM to entities
Monthly MIS.

Key Interfaces

Internal Interfaces:

External Interfaces:

Educational and Experience Requirements

CA / Full time MBA Finance with minimum 8 -12 years of experience
Working experience of SAP
Proficient in MS Office (Excel, PowerPoint, Word, etc.)
Communication skills – Should be able to convey effectively.
Strong interpersonal skills – ability to interact with a view to getting the job done across both external and internal stakeholders.
Listening skills – the role involves a lot of coordination across external & internal stakeholders & therefore listening to different viewpoints including its interpretation without which concluding or getting results will be difficult.

Assistant Treasury Manager

Assistant Manager - Banking & Treasury