CA/ MBA (Finance), with 3-5years of experience, as an Assistant Manager -Treasury, at a Manufacturing Major, Mumbai
Experience : 3years -
0.0 Lacs -
Banking & Treasury
Job Type : Permanent
Industry : Manufacturing
Role : CA/ MBA (Finance), with 3-5years of experience, as an Assistant Manager -Treasury, at a Manufacturing Major, Mumbai
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Assistant Manager - Treasury
Key Purpose of the Job (Position Summary):
This position is responsible for execution of the Cash Management practices with a clear focus on maintaining optimum cash & debt cash position for the organization. The position is responsible for Debt management including sanctioning, documentations, security creation & compliances by regularly interacting with banks & representative. Also be extensively involved in assisting and ensuring the smooth functioning of credit rating working capital management.
Key Performance Areas
Timely discussions & data availability for banks and credit rating agencies to complete sanction & renewal process
Liase with bank representatives such as LIE, Security trustee, legal counsel, etc for documentation & security creation
Daily Cashflow management with implementation of automation solutions
Optimization of cash balances & minimization of debt
Adherence to Audit and Bank Reconciliation schedule
Discussion with banks & financial institution regarding funding requirement and sanctions for various projects being implemented throughout the organization
Documentation for Debt facility including security creation & perfection.
Ensure upkeep and track of interest payments, principal repayments, etc. pertaining to loans
Forecasting and planning future cash flows and making arrangements for short term borrowings in line with requirements.
Ensure co-operation with the credit rating team and provide them with projected financial statements for monthly & annual renewals
Handled consortium banking & its related compliances.
Timely submission of various details such as stock statement, RBI Annxeure 1, LIE Report, Site visit reports, legal audit report, Stock Audit report, etc.
Ensure adherence to systematic set processes for effective debt management with respect to debt servicing
Fulfillment the audit requirement & queries related to cashflow and banking.
Work on collecting information to ensure successful negotiations and discussions with individual banks and consortiums on details of interest and charges levied by them on funds provided
Ensure smooth collection & payment process across the organization on various platform such as CMS, E-collect, Payment gateway, POS etc.
Ensure accuracy in maintenance of accounts and their utilization that adequate account balances shall be maintained at all times
Create daily, monthly and rolling cash flow statements which help in review of the working capital position of the company
Continually follow-up and coordinate with banks for any banking related matters pertaining to the organization operations.
Prepare for interaction with several rating agencies and business head to ensure smooth flow of the credit rating process
Ensure timely servicing of public deposit payments and reconciliation of all public deposit accounts
Handled audit related activities and ensure adherence to audit timelines with respect to Public deposit management