Head of Treasury

Job Title:

Salary :

Experience:

Key Responsibilities:

Forex & Treasury Operations

• Strategically manage foreign currency exposure using financial instruments such as forwards and options.
• Implement robust hedging strategies to minimize currency fluctuation risks, including natural hedges.
• Oversee preparation and timely submission of UFCE (Underlying Foreign Currency Exposure) certificates.
• Perform quarterly calculations for swap charges and divisional profit, ensuring accuracy and transparency.
• Handle due diligence documentation and quarterly regulatory reports under RBI guidelines.
• Ensure full compliance with bank-related forex regulations under the Past Performance Forward Contract facility.

Budgeting & Financial Planning

• Collaborate with cross-functional teams to build and manage annual master budgets.
• Align departmental budgets with organizational goals through detailed historical analysis and forecasting.
• Generate weekly variance analysis reports to identify gaps and drive corrective action.
• Monitor fund allocation to optimize usage while maintaining financial discipline across departments.

Banking & Working Capital Efficiency

• Manage mobilization of funds through PC, PCFC, EEFC accounts and monitor utilization effectively.
• Create and maintain weekly cash flow reports to support informed decision-making.
• Optimize bank balances and loan usage to reduce interest outflows.
• Handle consortium and multi-banking arrangements, negotiating terms for charges, rates, and services.
• Drive adoption of digital banking technologies, including API and host-to-host (H2H) integrations.

RBI, DGFT & Statutory Compliance

• Monitor and resolve open transactions in IDPMS/EDPMS, ensuring timely ORM/IRM knock-offs.
• Administer Advance & EPCG license compliance, coordinating with DGFT for periodic submissions.
• Analyze eligibility for export-related incentives and manage their timely surrender when needed.
• Prepare and submit monthly stock and fund utilization statements to all banking partners.

Operational Financial Oversight

• Generate weekly fund utilization statements to guide spending decisions.
• Oversee foreign travel currency handling and reconciliation of related expenses.
• Manage export shipments to Bangladesh and maintain follow-up for B2B payments.
• Supervise payment processes for Dhaka branch operations including vendor, utility, and office expenses.
• Ensure on-time e-payments of statutory dues like TDS, IGST, and license application fees.

Investments & Debt Management

• Administer a diversified investment portfolio including mutual funds, arbitrage funds, and fixed deposits.
• Monitor loan repayment schedules and implement strategies for cost-effective debt servicing.
• Coordinate with financial institutions to ensure accurate records and on-time processing of obligations.

Soft Skills:

• Strong analytical and decision-making capabilities
• Effective team management and leadership
• Attention to compliance and financial governance
• Problem-solving mindset with proactive financial control initiatives