Treasury Officer (Finance and Accounting)

Job Title: Treasury Officer (Accounts and Finance)

Job Summary:

The Treasury Officer is responsible for managing and optimizing the company's liquidity, funding, and financial risk. The role involves overseeing cash management, handling banking relationships, managing foreign exchange exposure, and ensuring compliance with financial regulations. The Treasury Officer will provide critical insights for financial decision-making and ensure the efficient management of company funds.

Key Responsibilities:

• Cash Management:
• Monitor daily cash balances and manage cash flow to ensure sufficient liquidity for day-to-day operations.
• Prepare and manage short-term and long-term cash flow forecasts.
• Ensure the company’s accounts are funded appropriately and optimize cash utilization.
• Banking Relationships:
• Maintain and manage relationships with banking partners.
• Coordinate with banks for payments, collections, and financial transactions.
• Negotiate and manage terms of banking facilities, including loans, credit lines, and bank guarantees.
• Treasury Operations:
• Oversee the processing of payments and receipts, ensuring compliance with company policies and procedures.
• Ensure proper management and reconciliation of bank accounts.
• Monitor and optimize the company's working capital position.
• Foreign Exchange and Risk Management:
• Monitor and manage the company’s foreign exchange exposure.
• Implement hedging strategies to mitigate foreign currency and interest rate risks.
• Ensure compliance with risk management policies and practices.
• Investment and Funding Management:
• Manage short-term and long-term investments to maximize returns while minimizing risks.
• Evaluate and execute funding options, such as debt or equity, in line with company requirements.
• Support financial planning and budgeting with treasury-related information.
• Reporting and Compliance:
• Prepare and present periodic treasury reports, highlighting cash positions, liquidity status, and any variances from forecasts.
• Ensure compliance with statutory regulations and internal treasury policies.
• Assist with audits related to treasury functions and ensure adherence to internal controls.
• Strategic Planning and Analysis:
• Provide strategic input for business planning by evaluating funding requirements and liquidity management.
• Analyse financial markets and advise senior management on financial strategies to mitigate risks and capitalize on opportunities.
• Documentation and Record Keeping:
• Ensure proper documentation of all treasury transactions, including loan agreements, investment reports, and bank communications.
• Maintain accurate records of all treasury activities and prepare reports for senior management.

Skills and Qualifications:

• Educational Requirements:
• Bachelor's degree in finance, Accounting, Economics, or related field. A Master’s degree (MBA in Finance or M. Com) is an advantage.
• Experience:
• Minimum 5 years of experience in treasury management, cash management, or a related role in a corporate finance environment.
• Experience working with financial instruments, banking relationships, and cash flow forecasting is required.
• Technical Skills:
• Proficiency in Microsoft Excel (advanced level), financial modelling, and financial management tools (ERP systems like IC Soft).
• Understanding of financial markets, foreign exchange, and risk management practices.
• Analytical Skills:
• Strong analytical and problem-solving skills with an ability to interpret financial data and make informed decisions.
• Ability to assess financial risks and implement appropriate hedging or mitigation strategies.
• Communication Skills:
• Strong verbal and written communication skills, with the ability to interact effectively with senior management, banks, and other stakeholders.
• Ability to prepare and present reports clearly and concisely.
• Other Attributes:
• Strong organizational and time management skills.
• Ability to handle multiple tasks and meet tight deadlines.
• Knowledge of Indian tax laws, banking regulations, and financial compliance is a plus.

Job Types: Full-time, Permanent

Pay: ₹60,000.00 - ₹80,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Schedule:

• Day shift
• Morning shift

Supplemental Pay:

• Performance bonus
• Yearly bonus

Work Location: In person