Manager/Senior Manager - Treasury

Description:

The Manager / Senior Manager Treasury will be responsible for managing the organizations end-to-end treasury operations, ensuring optimal liquidity, efficient cash management, strong banking relationships, and effective risk management. The role requires strategic oversight, hands-on execution, SAP expertise, and strong people leadership to manage treasury functions in a large-scale organization. The incumbent will closely work with senior finance leadership and cross-functional teams to support business growth, working capital optimization, and financial risk mitigation.
Key Responsibilities:

Cash & Liquidity Management:

- Oversee daily cash position, fund flows, and bank balances across multiple accounts and locations.

- Ensure optimal utilization of funds to meet operational, capital, and statutory requirements.

- Prepare short-term and long-term cash flow forecasts and monitor variances.

- Optimize working capital by aligning treasury activities with business and finance teams.
Banking & Relationship Management:

- Manage relationships with banks, financial institutions, and lenders.

- Negotiate and review banking facilities including cash credit, overdrafts, term loans, and other credit lines.

- Coordinate with banks for fund transfers, payment processing, confirmations, and reconciliations.

- Ensure compliance with covenants and reporting requirements related to banking arrangements.
Debt, Investments & Funding:

- Manage loan drawdowns, repayments, interest servicing, and related accounting.

- Monitor utilization of credit facilities and ensure cost-effective borrowing.

- Evaluate and manage short-term investments, surplus fund deployment, and returns optimization.

- Support fundraising initiatives, refinancing, and restructuring of existing debt, as required.
Risk Management & Compliance:

- Identify, assess, and mitigate financial risks including liquidity, interest rate, forex (if applicable), and counterparty risks.

- Monitor and ensure compliance with internal treasury policies and regulatory guidelines.

- Support statutory, internal, and bank audits related to treasury operations.
SAP & Treasury Systems (Mandatory):

- Strong hands-on experience in SAP (mandatory) for treasury operations, cash management, and reporting.

- Ensure accurate accounting and reporting of treasury transactions within SAP.

- Drive system-based controls, automation, and process improvements in treasury workflows.

- Coordinate with IT / SAP teams for enhancements, troubleshooting, and new implementations.
Team Leadership & People Management:

- Lead, manage, and develop a team of approximately 8 treasury professionals.

- Assign roles, define KPIs, and ensure timely and accurate execution of treasury activities.

- Conduct performance reviews, mentoring, and training to build a high-performing treasury team.

- Ensure adequate backup, process documentation, and segregation of duties within the team.
MIS, Reporting & Management Support:

- Prepare and present periodic MIS on cash position, fund utilization, borrowings, interest cost, and liquidity ratios.

- Provide timely insights and recommendations to the AVP Finance / CFO for strategic decision-making.

- Support budgeting, forecasting, and financial planning exercises from a treasury perspective.
Process Improvement & Governance:

- Develop, review, and implement treasury policies, SOPs, and internal controls.

- Identify opportunities for process optimization, cost reduction, and improved governance.

- Ensure adherence to best practices in treasury management and financial discipline.
Eligibility Criteria:

Educational Qualification:

- Qualified Chartered Accountant (CA) Mandatory
Experience:

- Minimum 3+ years of post-qualification experience in Treasury / Corporate Finance roles.

- Experience in large organizations with annual turnover of 1,7500+ Crores.

- Candidates from any industry meeting the turnover criteria will be considered.
Technical & Functional Skills:

- SAP (mandatory) strong hands-on exposure to treasury and cash management modules.

- Strong understanding of cash management, banking operations, borrowings, and investments.

- Knowledge of financial risk management, compliance, and audit requirements.

- Proficiency in MS Excel, financial modeling, and MIS reporting.
Team Handling Experience:

- Proven experience in handling and leading teams of around 8 resources.