Treasury Specialist

About Us

Hyva Group is a leading global provider of innovative and highly efficient transport solutions for the commercial vehicle and environmental service industries. The company is committed to the development, production, marketing and distribution of components used in hydraulic loading and unloading systems on trucks and trailers. Its products are used worldwide across a range of sectors including transport, construction, mining, materials handling and environmental services providers.

Founded in 1979, the company is headquartered in Alphen aan den Rijn in The Netherlands and operates in more than 110 countries with over 3,500 employees around the world. The Hyva Group encompasses more than 30 subsidiaries globally, with an extraordinary sales and service coverage and 14 production facilities in Brazil, China, Germany, India, and Italy, with more than 20,000 customers.

Location : Mahape, Navi Mumbai, India

About the role

Treasury Specialist supports and manages financial transactions as needed, including bank facilities, debt financing, letter of credits, bank guarantee, bank and commercial drafts, supply chain financing or customer invoice discounting programs, documentation review and covenants.

Support the Global Treasury and Tax team in local execution of financial transactions initiated by the group.

Main accountabilities of the role:

• Adhere the approved procedures for accurate payment, processing bank transactions and execution of bank reconciliations.
• Advise to the sales team on collection methods (like bank drafts, cheques, etc) and reduce the collection risk. Timely acceptance and processing of bank drafts, cheques, E payments in banking and other platforms, as needed.
• Gathering of necessary information or documentation to complete Letters of Credit, Bank Guarantee and any related financial transactions.
• Ensure timely drawl and repayment of bank facilities in line with business need and cash flow management. Ensure bank facilities documentation are reviewed by legal before execution.
• Manage banking relationship and timely filing of information as needed.
• Support the Business, Group Treasury and Accounting Services

Main KPIs:

• On-time payment
• On-time reporting to financial stakeholders

Core Activities:

• Payments to Suppliers
• Daily Bank Reconciliation
• Statutory payments for Tax and other levies
• Prepare Daily and Weekly Cash Flow
• Coordination with the Bankers
• Submission of Stock Statement to Banks
• Submission of UEFC Statement to Banks
• Compliance with FEMA and RBI Guidelines
• Track LC and BG outstanding
• Ensure optimum bank charges for all transactions
• Ensure optimum conversion of Foreign Currency
• Documentation for LC, BG, OD, CC and Foreign payments
• Submission of WC and CF report to Global Treasurer
• Periodic Internal Reports

Requirements:

• Educational Level: M.Com or MBA-Finance
• Professional Experience: 5+ years of relevant experience
• English & Hindi

Diversity, Equity & Inclusion (DEI)

We are an inclusive employer that welcomes all backgrounds, perspectives, and experiences. Regardless of your origin, gender, age, sexual orientation, beliefs, disability, or political views, we value diversity and believe that unique perspectives drive innovation and success.

Join us and be part of a team where everyone belongs!