Department: Finance
Reporting To: Head- Treasury
Key Responsibilities
Fund Raising, Banking Relationships & Credit Rating
- Fund raising through term loans, working capital facilities, and other banking arrangements, including negotiation and execution of financing documents.
- Manage and strengthen relationships with existing banks and assist in onboarding new banks.
- Create, manage, and periodically review and execute security documentation; assist in improving security cover for banking facilities.
- Coordinate issuance, renewal, and monitoring of bank guarantees, letters of credit, and other non-fund-based facilities.
- Explore and implement new banking products and trade finance solutions to manage working capital and cash flow requirements.
- Prepare CMA data and other information as required by banks.
- Prepare covenant tracker, ensure compliance with banking covenants and terms and conditions.
- Coordinate with credit rating agencies, including data submission, making presentations and timely rating of banking facilities.
- Analyse borrowing and finance costs and undertake initiatives for interest cost optimization.
- Manage bank accounts, including opening/closure of accounts and updating authorized signatories.
Cash flow Management, Hedging & Treasury Operations
- Prepare and review daily cash flow position and cash forecasts.
- Determine investible surplus and deploy funds in mutual funds and other approved investment instruments in line with treasury policy.
- Execute and monitor hedging transactions, including forward contracts, to manage foreign exchange risks.
- Track hedge effectiveness and maintain required documentation as per internal policy and regulatory guidelines.
- Ensure compliance with RBI regulations, FEMA provisions, and bank policies.
- Prepare treasury MIS, dashboards, and periodic reports for senior management.
- Support automation and process improvements to enhance efficiency, controls, and accuracy in treasury operations.
- Ensure timely accounting, reconciliation, and record maintenance of treasury transactions.
Audit, Compliance & Controls
- Coordinate with internal and statutory auditors and resolve audit queries related to treasury and banking activities.
- Provide accurate data and documentation related to borrowings, bank accounts, guarantees, and hedging transactions.
- Obtain periodic bank balance confirmations and loan confirmations.
- Support implementation and maintenance of internal controls within the treasury function.
Requirements:
Company Secretary/MBA (Finance) with 2-3 years of experience in the field of Treasury/Banking/Borrowings
If interested, kindly share your CV on [Confidential Information]
