Assistant Treasury Manager

Responsibilities

• Responsible for daily cash management activities and monthly cash reporting, including preparing daily cash position, cash forecasting and ensuring all payments are made on time in coordination with Finance Managers of different divisions.
• Understand thoroughly the different sources of cash inflows and outflows of the group, prepare monthly, quarterly and annual cash forecasts.
• Review and establish LCs, TR, Term Loans and other short and mid‑term fund arrangements from banks as per group’s requirements.
• Manage facility utilization from different banks efficiently to minimize interest cost of the group.
• Establish strong banking relationships with relationship managers and their teams to ensure smooth movement of day‑to‑day transactions.
• Review bank facility terms and conditions for the group and its subsidiaries and ensure they are in line with group’s requirements and policies.
• Maintain a list of bank covenants as per the facility sanction conditions and ensure group’s financials are in line with them.
• Actively participate in negotiations with different banks on facility structure and pricing along with the Finance Director.
• Work in line with the group’s MIS requirements and ensure treasury department functions are updated to meet strict deadlines.
• Establish Forex deals at best possible rates, book forward deals whenever required and keep track of currency market movements.
• Review, implement and monitor electronic banking solutions offered by different banks from time to time.
• Understand and manage appropriate accounting procedures and processes.
• Prepare or monitor the company’s various cash flow forecasts and perform financial modeling.
• Actively participate in the annual budgeting process of the group and prepare the annual budgeted cash flow.
• Review, recommend and implement process improvement in the treasury department.

• Analytical and planning skills.
• Strong communication and interpersonal skills; ability to communicate with people at different levels both internally and externally. Willingness to confront challenging situations aggressively and professionally.
• Sound knowledge of standard banking practices, Incoterms and UCP 600.
• Time‑management skills and ability to handle pressure in a robust business environment with non‑negotiable deadlines.
• Attention to detail and accuracy.
• Interest in process improvement.
• Proficiency in financial modeling in Excel (must). Familiarity with data warehousing/data mining is essential. Exposure to ERPs such as JD Edwards and Navision is an advantage.

• 3–6 years in a relevant field.
• Experience working with a retail group preferred.

Chartered Accountant / Cost & Management Accountant