Treasury & Finance Manager

Role & responsibilities

1. Treasury Management

• • Manage daily cash flow operations, ensuring liquidity for business needs.
• • Prepare cash flow forecasts (daily, weekly, monthly) and variance analysis.
• • Monitor and control bank balances, fund movements, and inter-company transfers.
• • Ensure optimal fund utilisation and monitor interest costs.
• • Handle banking operations: account opening/closing, KYC updates, and managing signatories.
• • Coordinate with banks for working capital limits, LC/BG issuance, term loans, and renewals.
• • Evaluate and recommend short-term investment opportunities (FDs, liquid funds) for surplus funds.
• • Maintain and monitor treasury policies, ensuring compliance with internal controls.
• • Prepare Treasury MIS reports: fund position, utilisation, borrowing cost, and liquidity metrics.

2. Audit Coordination (External & Internal)

• • Serve as the primary point of contact for both internal and statutory auditors.
• • Coordinate the audit calendar, ensuring timely completion of interim and year-end audits.
• • Prepare and provide audit schedules, ledger reconciliations, and supporting documents.
• • Review audit observations and coordinate with departments for prompt resolution.
• • Implement and monitor audit recommendations and internal control improvements.
• • Ensure compliance with accounting standards (Ind AS/AS) and statutory requirements.

3. Books Closing & Finalisation

• • Oversee monthly, quarterly, and annual closing of books of accounts.
• • Ensure accuracy in provisions, accruals, depreciation, and other adjustments.
• • Review and approve GL reconciliations, bank reconciliations, and inter-company accounts.
• • Ensure timely posting of journal entries and review trial balance before closure.
• • Prepare and review financial statements (P&L, Balance Sheet, Cash Flow) as per Ind AS.
• • Support CFO in finalisation of annual accounts and liaison with auditors for sign-offs.

4. MIS & Management Reporting

• • Prepare monthly MIS packs covering P&L, balance sheet, cash flow, variances, and KPIs.
• • Analyse budget vs actuals, identifying reasons for deviations and recommending corrective actions.
• • Present store-wise, region-wise, and business segment-wise financial performance reports.
• • Support management in strategic decision-making with data-driven financial insights.
• • Automate and improve reporting processes using Excel, Power BI, or ERP dashboards.
• • Consolidate weekly cash flow statements and funding requirements for management review.

5. Compliance & Control

• • Ensure adherence to Company Policies, SOPs, and statutory compliance (TDS, GST, ROC, etc.).
• • Strengthen internal controls across treasury, accounting, and payment processes.
• • Implement maker-checker mechanisms for payments and approvals.
• • Support the finance leadership team in process improvement and ERP control implementation.

6. Team Management & Coordination

• • Supervise a small team handling cash, banking, accounts payable/receivable, and reconciliations.
• • Provide training, guidance, and performance feedback to team members.
• • Coordinate cross-functionally with operations, procurement, and HR for financial matters.

Key Skills & Competencies

• • Strong knowledge of treasury operations, cash flow, and fund management.
• • Expertise in finalisation of accounts, audit coordination, and MIS reporting.
• • Working knowledge of ERP systems (SAP / Oracle / Tally Prime / Navision).
• • Proficiency in Excel (Pivot, VLOOKUP, dashboards) and financial analysis.
• • Understanding of banking, Ind AS, GST, TDS, and Companies Act.
• • Strong analytical, communication, and stakeholder management skills.

Performance Indicators (KPIs)

• • Accuracy and timeliness of cash flow forecasts.
• • Timely closure of monthly and annual books.
• • Zero or minimal audit observations.
• • Quality and timeliness of MIS reports.
• Efficient working capital management and cost of funds optimisation

Preferred candidate profile