25 Nov 2024
jlSM
Manager - Treasury Execution, 5 to 7 years in Mumbai

Mumbai
5-6 Years
treasury operation, Corporate Finance, Cash Management, Finance, Banking
Job Description
Position: Manager - Treasury Execution
Qualification: CA,MBA
Experience: 5 to 7 years
Location: Mumbai
Job description
Qualification: CA,MBA
Experience: 5 to 7 years
Location: Mumbai
Job description
POSITION REQUIREMENTS
Education Bachelor\'s degree in finance or accounts or equivalent is required
Master\'s degree in finance or accounts or CA or equivalent is preferred
Experience 5 -7 years of relevant work experience in treasury operations.
SKILL/COMPETENCIES REQUIREMENTS
- Treasury operations
- Corporate finance and cash management
- Negotiation and communication skills
- Applicable country regulatory and compliance knowledge
- Good understanding of business and economic environment
AREA KEY ACTIVITIES
Treasury Operations:
- Manage the short-term investment and day-to-day cash flow to ensure all treasury operations are done in an ethical and efficient manner
- Carry out treasury operations on a daily basis to ensure that corporate funds are flowing in a manner consistent with maximizing corporate value and minimizing costs
- Monitor past due accounts, monthly collection and strategize on recovery steps on bad debts in order to ensure optimum credit and fund availability for Essar Capital and its holding companies
- Build and maintain relationships with banks, other lending institutes and ensure compliance to RBI guidelines
- To coordinate with various internal functions necessary to execute the Treasury Operations. Efficiently.
- Deploy idle funds profitably to ensure efficient cash flow, profitable fund management and policy compliance
- Create and review documents required to be submitted to banks and maintain existing banking and payment processor relationships
- To coordinate and process all payments for local vendors, employees, statutory authorities; authorize payments for travel advances;
- Monitor and approve receipt vouchers, payment vouchers, Cheques etc. Resolve queries / escalations and seek necessary approvals from Director Treasury and Banking
- Support in internal audit for the company, provide support to departments to close pending issues; monitor operations and intervene in the treasury process to ensure successful completion of audit and compliance.
- To conduct month on month bank reconciliation and highlight to senior management for any variances with necessary justifications.
- Monitor and approve receipt vouchers, payment vouchers, Cheques etc. Resolve queries / escalations and seek necessary approvals from Director Treasury and Banking while processing the payments.
- Review accuracy of data and timeliness of entry / updates and create investment MIS reports and ensure correct documentation
Network:
Within the organisation:
- Organizational leadership
- Finance and accounting team
- Tax team
- Compliance team
Outside the organisation:
- Banks
- Regulatory firms
Key Performance Indicators:
- No past dues or bad debts
- Accuracy of cash flow collections for respective holding companies
- Timely & quality processing of treasury transactions
- Timely and accurate reporting to banks & apex body
- Timely availability of liquidity and arrangement of funds
- Accuracy of MIS reports
- Relationship maintenance with banks, lending institutes, etc.