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 34 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 34 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.

715+ years of experience in treasury operations, with at least 35 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.