Treasury Manager

Job Title:

Location:

Role Overview

We are looking for an experienced treasury professional to lead cash flow planning, foreign exchange management, and treasury operations for a growing multinational organization in the distribution sector.

The Head of Treasury will be the operational lead for all treasury activities in the Baroda office, overseeing cash flow forecasting, liquidity management, supplier payments, and foreign exchange (FX) risk management. This senior role reports to the Group Finance Manager (UK) with a dotted line to the Group Finance Director (CFO) and leads the India-based treasury team.

This position will take full ownership of day-to-day treasury operations and will also drive strategic treasury planning, including cash flow modeling and working capital optimization. The role requires independent decision-making, proactive insights on cash management, and strong leadership capability.

Industry experience in a stock-intensive or distribution business is highly preferred due to the working capital and inventory-related nature of the role.

Reporting Structure

• Reports to: Group Finance Manager (UK)
• Dotted line to: Group Finance Director / CFO (UK)
• Team: Leads the India treasury sub-team (3–4 members) within a 7–8 person finance team.

Key Responsibilities

Cash Flow Forecasting & Liquidity Management

• Develop and maintain short-term and long-term cash flow forecasts
• Monitor daily cash positions and ensure adequate liquidity
• Manage inter-company fund transfers and optimize use of credit facilities

Foreign Exchange (FX) & Risk Management

• Manage multi-currency cash balances and FX exposure
• Execute hedging strategies and forward contracts as required
• Provide guidance on currency risk related to imports, exports, and global transactions

Treasury Operations & Controls

• Oversee supplier payments, banking transactions, and trade finance activities
• Ensure compliance with internal controls, audit requirements, and approval policies
• Maintain segregation of duties and accuracy in treasury documentation
• Coordinate with accounts payable and procurement teams to improve payment efficiency and supplier relationships

Working Capital & Financing

• Collaborate with finance and inventory teams to optimize working capital
• Monitor stock levels and debtor/creditor cycles to anticipate cash requirements
• Interface with banks on operational treasury matters such as FX execution, loan drawdowns, repayments, and documentation
• Ensure compliance with treasury-related regulatory requirements in India

Reporting & Strategic Planning

• Prepare weekly and ad-hoc cash flow and treasury reports for senior management
• Analyze variances, identify risks or opportunities, and recommend actions
• Support budgeting and scenario planning through cash flow projections
• Proactively suggest improvements to treasury processes and cash management tools

Team Leadership & Development

• Lead and mentor the Baroda-based treasury team
• Set objectives, KPIs, and ensure skill development within the team
• Promote accuracy, diligence, documentation, and process continuity
• Coordinate closely with UK finance and cross-functional teams

Candidate Requirements:

Experience

• 10+ years of experience in corporate treasury or finance roles
• Strong exposure to multinational environments
• Experience in distribution, manufacturing, or inventory-heavy industries preferred

Technical Skills

• Strong cash flow forecasting and financial modeling expertise (e.g., 13-week forecasts)
• Hands-on experience in FX management and hedging instruments
• Knowledge of banking products, credit facilities, trade finance, and treasury systems
• Advanced Excel or treasury management system proficiency

Strategic & Leadership Skills

• Ability to think proactively and take independent treasury decisions
• Proven track record of improving treasury processes or controls
• Strong people management, stakeholder communication, and collaboration skills

Education

• Bachelor’s degree in Finance, Accounting, or related field (mandatory)
• MBA, CA, CFA, or treasury certifications (ACT, etc.) preferred but not mandatory

Integrity & Compliance

• Strong understanding of treasury controls, compliance, and RBI/FX regulations
• High attention to detail and commitment to accuracy and governance.

Summary of Role Requirements

Key Responsibilities

• Cash flow & liquidity planning
• FX & risk management
• Treasury operations & controls
• Team leadership and stakeholder coordination

Required Profile

• 8+ years of treasury/finance experience
• Strong cash flow modeling and FX expertise
• Leadership and decision-making capability
• Background in working capital–intensive industries preferred