Treasury Lead - Banking Operations

Role summary:

We are seeking a Treasury Lead with 6-8 years of hardcore corporate treasury experience in loan agreement negotiation with banks, cash flow planning, and end-to-end banking operations in a fast-paced e-commerce/retail or allied environment. The role will independently own the full treasury stack from WCDL/SBLC and loan documentation to cash-flow forecasting, BRS, compliances, audit support, and senior-management MIS while leading process improvements and acting as the primary interface with bankers and internal stakeholders.

Education: Bachelor's degree in Commerce, Finance, or Accounting; MBA Finance / CA/ CMA preferred.

Key responsibilities:

1. Banking operations ownership:

• Independently oversee and execute daily banking transactions: vendor payments, marketplace settlements, statutory dues, employee reimbursements, and inter-bank fund movements across multiple bank relationships.
• Ensure strong control on cut-off timings, dual authorization, and documentation for all treasury payments.

2. Loan agreements & WCDL lifecycle management:

• Lead end-to-end working capital and term loan processes from term sheet evaluation, covenant analysis, and loan agreement negotiation with banks to documentation closure.
• Own the complete WCDL cycle: drawdown requests, utilization tracking, repayment scheduling, interest computation, limit renewals, and covenant compliance, ensuring zero delays or default.

3. SBLC / BG management:

• Manage issuance, renewal, amendment, and closure of Standby Letters of Credit and other bank guarantees.
• Maintain a robust register of all SBLC/BG instruments with validity, value, and purpose; proactively coordinate with banks and business teams on expiry and collateral requirements.

4. Bank reconciliation (BRS):

• Own daily and monthly BRS across all bank accounts, including payment gateways and marketplace accounts.
• Set up systematic workflows for open-item identification and closure; drive a zero-outstanding beyond agreed SLA culture.

5. Cash-flow forecasting & fund planning:

• Build and maintain short-term (daily/weekly) and medium-term (monthly/quarterly) cash-flow models at entity and group level.
• Monitor daily liquidity, anticipate funding gaps, and recommend deployment of surplus funds or drawdown of facilities to optimize interest cost.

6. Accounting & Tally ERP:

• Ensure accurate and timely posting of all treasury-related entries in Tally ERP JVs, payment vouchers, contra entries, interest accruals, and period-end adjustments with full supporting documentation.
• Coordinate closely with the GL, AP, and tax teams for smooth month-end and year-end closing.

7. MIS & treasury analytics:

• Design, publish, and continuously improve weekly and monthly treasury MIS dashboards, covering: bank balances, fund positions, payment summaries, WCDL utilization, interest cost trends, covenant status, and variance-to-plan for Finance leadership.
• Provide actionable insights on cost of funds, idle cash, and utilization efficiency; suggest optimization levers.

8. Audit management:

• Lead preparation of treasury schedules and evidence for internal, statutory, and tax audits.
• Proactively close prior-period audit observations related to treasury and strengthen controls to target nil observations in subsequent audits.

9. Compliance & risk controls:

• Ensure compliance with internal treasury policies, banking covenants, RBI guidelines, and statutory payment timelines (TDS, GST, PF, ESIC, etc.).
• Flag potential covenant breaches, document lapses, or operational risks in advance to the Finance Head and help implement mitigating actions.

10. Banking & stakeholder management:

• Act as the primary treasury interface with banks and financial institutions for limits, pricing, documentation, and issue resolution.
• Collaborate closely with Accounts Payable, Tax, Legal, and Marketplace Finance teams to align cash-flow planning with business decisions.

11. Process improvement & automation:

• Identify bottlenecks in treasury processes (payments, reconciliations, loan documentation, MIS collation) and propose technology or process solutions (Tally automation, bank API, Excel models, etc.).
• Lead implementation of approved initiatives to reduce manual effort, TAT, reconciliation issues, and interest leakage.

Competencies and skills:

• Strong understanding of corporate banking products - WCDL, CC/OD, SBLC, BGs, term loans, and trade finance.
• Advanced Excel skills for cash-flow modelling and MIS automation.
• Hands-on experience with Tally ERP and internet banking platforms.
• Excellent negotiation, communication, and stakeholder management skills with banks and internal teams.
• High ownership, attention to detail, and ability to work under tight timelines in a high-velocity environment.

Budget: Upto 26 LPA.

Location: Bangalore.