SME, Treasury, Treasury Accounting

Process specific responsibilities

We are looking for a starting up a Treasury. The main task is to perform & monitor the end to end General Ledger task throughout the month (including Book Closure/ Month Close) by meeting the service level standards agreed as per SOW.

Position Overview:

Key Responsibilities:

1. Cash Management & Liquidity:

• Monitor daily cash balances and ensure liquidity is sufficient to meet operational needs.
• Forecast short-term and long-term cash flows to ensure optimal cash availability for working capital requirements.
• Manage daily cash positioning across multiple bank accounts, ensuring proper cash distribution and minimizing idle cash.
• Optimize cash utilization and recommend strategies for cash concentration and disbursement.

2. Banking & Treasury Operations:

• Manage banking relationships, including the negotiation of fees, terms, and services provided.
• Oversee the opening, closing, and maintenance of company bank accounts.
• Coordinate payments, wires, ACH transactions, and other financial transactions in compliance with company policies.
• Review and approve cash management and payment instructions.

3. Debt & Financing:

• Manage the company’s debt portfolio, including loans, lines of credit, and lease obligations.
• Prepare and analyze debt covenant compliance reports, ensuring the company remains in good standing with lenders.
• Support financing activities, including debt issuance, refinancing, and credit facility management.
• Assist in evaluating and implementing optimal financing strategies for working capital and capital expenditures.

4. Investments & Cash Optimization:

• Manage short-term investments to maximize returns while minimizing risk, in accordance with company policies.
• Evaluate and implement investment strategies for idle cash, ensuring compliance with investment guidelines.
• Monitor market conditions and interest rate fluctuations to optimize the company's investment portfolio.
• Ensure adequate cash reserves for unforeseen events and capital expenditures.

5. Foreign Exchange & Risk Management:

• Monitor and manage foreign exchange (FX) exposure related to international operations and transactions.
• Develop and implement strategies to hedge FX risk, interest rate risk, and commodity risk.
• Analyze and report on financial risks related to changes in market conditions (e.g., interest rates, currency exchange rates).
• Collaborate with senior management to assess financial risk exposure and recommend mitigation strategies.

6. Treasury Reporting & Analysis:

• Prepare cash flow forecasts, liquidity reports, and other treasury-related financial reports for senior management.
• Analyze trends in cash management, working capital, and debt positions to provide insights into financial health.
• Provide analysis and reports on short-term and long-term funding requirements, capital structure, and liquidity.

7. Compliance & Controls:

• Ensure treasury operations comply with internal controls, company policies, and regulatory requirements.
• Support audit processes by providing documentation related to treasury transactions, cash management, and debt management.
• Assist in the development and implementation of treasury policies and procedures to improve efficiency and control.

Requirements

• Masters in Commerce / Bachelor in Commerce.
• 8 to 10 years of experience in Treasury processes.
• Strong interpersonal & Presentation skills.
• Strong communication skills required in both written & oral communication in English.
• Proficiency in MS office skills particularly in excel, PowerPoint.
• Proficiency in ERP / applications – SAP, Oracle and applications like Blackline
• Innovative and analysis skills are required to deal with complex data, identify discrepancies and suggest for cost saving opportunities.
• Flexibility to work in various shifts & working hours