Senior Treasury Manager

Exp.: 7 years to 15 years

We are seeking an experienced Senior Manager – Treasury to lead and manage comprehensive treasury operations, including bank guarantees, hedging, investments, documentation, accounting, and banking relationships. The role will also involve managing a team of 3–4 treasury professionals, ensuring high standards of accuracy, control, and compliance across all activities.

Key Responsibilities

1. Team Leadership

• Lead, mentor, and manage a team of 3–4 treasury executives.

• Allocate work, provide guidance, review output, and ensure timely completion of activities.

• Build capability within the team through training and performance management.

• Foster a culture of accuracy, compliance, and continuous improvement.

2. Bank Guarantees (BGs)

• Oversee end-to-end processes for issuance, amendment, renewal, and cancellation of bank guarantees.

• Monitor BG limits, validity, expiries, margins, and related documentation.

• Coordinate with banks and internal departments to ensure seamless operations.

• Maintain strong control and accurate MIS of BGs.

3. Currency & Commodity Hedging

• Execute and monitor hedging strategies for currency and commodity exposures.

• Track exposures, hedge effectiveness, and prepare required documentation as per internal and regulatory norms.

• Analyse market movements and provide hedging recommendations to management.

• Liaise with banks, brokers, and trading partners.

4. Investments: Fixed Deposits & Mutual Funds

• Manage investment operations for Fixed Deposits and Mutual Funds.

• Oversee placement, renewal, redemption, and tracking of returns.

• Ensure investment documentation, compliance, and timely reporting.

• Maintain updated investment registers and reports.

5. Documentation, Compliance & Controls

• Ensure strong internal controls and compliance across all treasury activities.

• Manage documentation for BGs, hedges, investments, loan facilities, and banking arrangements.

• Support statutory, internal, and bank audits with accurate data and timely responses.

• Ensure adherence to RBI guidelines and company policies.

6. Treasury Accounting

• Supervise accounting and reconciliation of treasury transactions.

• Track bank charges, interest income, hedge MTM, and investment valuations.

• Review and approve accounting entries in ERP systems.

7. Bank Relationship Management

• Act as the primary contact for all banks and financial institutions.

• Negotiate rates, terms, limits, and fees for various treasury instruments.

• Manage credit limit renewals and documentation.

• Build and maintain strong banking relationships to support business needs.

8. Reporting & MIS

• Prepare and review MIS reports on cash flows, exposures, hedges, investments, and liquidity positions.

• Analyse trends, risks, and financial impacts to support decision-making.

• Present treasury insights and strategies to senior management.

Required Qualifications & Experience

• CA / MBA (Finance) / CFA or equivalent finance qualification preferred.

• 7–15+ years of experience in treasury operations, with at least 3–5 years in a senior supervisory role.

• Strong expertise in banking products, hedging instruments, investments, and credit facilities.

• Proficiency in ERP systems (SAP, Oracle, Tally, etc.).

• Excellent communication, negotiation, and leadership skills.

• High integrity, strong control orientation, and attention to detail.

Preferred Attributes

• Strong leadership and mentoring abilities.

• Strategic and analytical mindset.

• Ability to handle end-to-end treasury operations independently.

• Proactive approach with strong follow-through and multi-tasking ability.