Job Description
DESIGNATION : Manager Treasury
DEPARTMENT NAME : Treasury
LOCATION : Head Office
REPORTING TO : GM Treasury
Job Description:
The objective of this position is to provide support and assistance to the GM Treasury regarding management of funds in terms of raising funds through Commercial paper & other short term debt instruments, prudent investment of surplus funds and maximizing returns. Handling of Trade Finance activities (LC/BG), manage Credit Rating Agencies, maintain relationships with Banks, providing Stock Statement, prepare various Audit data and streamline processes and ensure compliances pertaining to treasury operations, debt obligations etc.
Essential Duties And Responsibilities:
Responsibility Key Activities Indicative Performance Measures
Operations
- Managing investment of surplus funds in Fixed Deposits and Mutual funds.
- MIS and tracking of Investment returns.
- Independently managing investment portfolio
- Negotiation with Banks and maximize returns on FD investment.
- Assisting Regions/location for FD and Mutual Fund placement. Ensure timely Accounting of Fixed Deposit and maintain FD register.
- Borrowings &
Project Finance
- Explore various borrowings instruments like NCD/Issue of Commercial paper etc.
- Manage NCD issue, preparation of IM, various statutory compliances and co-ordination with Lead Counsel, Trustee etc.
- Prepare Debt Equity Report and monitor on regular basis.
- Assist in Placement of Commercial Papers (CP) and broadening the investors base for the commercial paper program of the Company.
Responsibility Key Activities Indicative Performance Measures
- Interacting with banks on project finance proposal.
- Vetting of sanction letter and other disbursement documents.
- Providing necessary support to Region with respect to Project finance whenever required
- Rating Agencies
- Interact with various Rating agencies for renewal of Bank Credit lines.
- Ensure timely renewal of Rating rationale.
- Arrange data from various internal stakeholders for renewal of rating letters
- Compliances,
Audit and
Automation
- Review and suggest improvements in internal control systems relevant to treasury operations and debt obligation etc
- Ensuring bank compliances related to Due Diligence certificate, LEI renewal etc
- Prepare Stock Statement, Stock Audit and CARO related compliances.
- Management Reporting on daily basis with analysis on interest rates, MCLR,NCDs, FD rates.
- Review and suggest improvements in existing standard operating procedures related to treasury functions
- Ensure SEBI compliances for related to NCD issue and other Debt instruments.
- Providing MIS related to treasury function including information required for monthly/ quarterly/ annual closure/ annual report purpose. Interacting with Internal / Statutory Auditors.
- Miscellaneous
Responsibilities
- Responsible for managing/controlling LC and Bank Guarantees.
- Regularly review opportunities offered by financial products.
- Prepare reports on investment summaries, performance graphs and economic appraisals for consideration.
- Automation in Treasury Operations and support to region for process streamline.
- Management report on investments and tracking the limits and utilisation of Inter Corporate Deposits as per Companies Act
Key Interactions:
Internal External
Banks, Lending Institutions and Rating Agencies
Position Specifications (Know-How, Skills And Knowledge For This Position):
Threshold Education Qualification & Experience CA and BCom with at least 7-10 yrs of experience of handling the treasury function
Software skills : Knowledge of SAP and MS Office
Technical skills : Experience in Investment and Borrowings Letters of Credit & BG
Handling Credit Rating Agencies Audit
Godrej Capability
Factors Leading Self
- Initiative: Drive, Ownership, Tenacity
- Hunger to Learn & Improve: Humility, Growth Mind-set, Committed to Change
- Emotional & Social Awareness: Maturity, Self-Awareness, Influence Leading Others
- Fostering Collaboration: Godrej First, Collaborates, Builds Bridges Leading Business
- Customer Centricity: Insightful, Innovates, Delights
- Acting Strategically: Envision, Frames Issues, Action Orientation
- Delivering Results: Commercial Acumen, Execution Excellence, Agility
- Institution Building: Role Model, Knowledge Sharing, Shape Culture
