Deputy General Manager - Treasury

Key Responsibilities:

1. Cash & Liquidity Management:

• Manage and monitor the daily cash position across the Organisation.
• Develop and maintain short-term and long-term cash flow forecasts aligned with Organisation needs.
• Ensure adequate liquidity to meet operational and capital expenditure requirements.
• Optimize cash utilization and fund deployment across business units.

2. Working Capital & Trade Finance Management:

• Manage end-to-end working capital financing, including fund-based limits (Cash Credit, Working Capital Demand Loans) and non-fund based limits (Letter of Credit, Bank Guarantees, Buyers Credit).
• Oversee trade finance operations, including import/export documentation and supplier/vendor financing arrangements.
• Drive initiatives to improve cash conversion cycle (CCC) and optimize inventory, receivables, and payables.
• Liaise with credit rating agencies to maintain/improve company ratings.

3. Banking & Financial Institution Management:

• Develop and maintain strong relationships with banks, NBFCs, and financial institutions.
• Lead negotiations for credit facilities, interest rates, and banking charges.
• Optimize banking structure, including account rationalization and multi-bank arrangements including cash pooling.
• Ensure smooth documentation, facility utilization besides maintaining strong external stakeholder management.

4. Investment & Surplus Fund Management:

• Formulate and execute strategies for investment of surplus funds.
• Evaluate financial instruments considering risk, return, liquidity, and regulatory constraints.
• Monitor portfolio performance and ensure adherence to treasury investment policies.
• Maintain a balance between capital preservation and yield optimization.

5. Financial Risk Management:

• Identify, assess, and mitigate key financial risks including foreign exchange (FX) risk, interest rate risk, and counterparty risk.
• Design and implement hedging strategies using appropriate instruments.
• Establish robust treasury controls and risk frameworks.
• Monitor global/macroeconomic trends impacting financial exposure.

6. Financial Planning, Strategy & Corporate Finance Support:

• Support the CFO in capital structure planning, fundraising strategies, and project financing structures.
• Provide insights on capital allocation, cost of capital, and treasury efficiency.
• Participate in M&A, joint ventures, and restructuring initiatives, and support financial modelling for power projects.

7. Compliance, Governance & Reporting:

• Ensure compliance with regulatory requirements (RBI, FEMA, Companies Act, etc.) and internal treasury policies and audit frameworks.
• Manage treasury audits (internal and external).
• Track and report covenant compliance for all borrowings.
• Ensure accurate and timely MIS reporting to the CFO and leadership team.

8. Systems, Process Excellence & Automation:

• Drive implementation of Treasury Management Systems (TMS).
• Actively work towards enhancement of automation in cash forecasting, reporting, and banking interfaces.
• Improve process efficiencies and internal controls within treasury operations.
• Collaborate with IT and finance teams for digital transformation initiatives.

9. Leadership & Team Management:

• Lead and mentor a high-performing treasury and trade finance team.
• Define performance goals and ensure continuous skill development.
• Foster cross-functional collaboration with projects, procurement, finance, and commercial teams.