Treasury Manager

Job Title : Manager / Assistant Manager Working Capital Management

Department : Finance / Treasury

Location : Head Office / Corporate Office

Job Purpose

To effectively manage and optimize the companys working capital cycle by coordinating with internal departments (sales, procurement, logistics, and finance) and banking partners to ensure efficient cash flow, timely collections, optimal utilization of banking limits, and smooth operational funding.

Key Responsibilities

1. Working Capital Management

• Monitor and manage the companys working capital cycle, including receivables, payables, and inventory. Act as a bridge between Finance, Sales, Procurement, and Operations.
• Track cash flow and fund utilization to ensure adequate liquidity for operational requirements.
• Optimize utilization of working capital limits such as Cash Credit, Packing Credit, LC, BG, etc.
• Identify opportunities to reduce working capital blockage and improve cash conversion cycle.
• Ensure smooth flow of information required for cash flow planning and working capital optimization.

2. Receivables & Collection Coordination

• Liaise with the sales team and regional offices to monitor receivables and ensure timely collections.
• Prepare customer-wise ageing analysis and follow up for overdue receivables.
• Track realization against credit terms and escalate delays where required.
• Coordinate with banks for bill discounting, LC negotiations, and export realization, wherever applicable.

3. Procurement & Advance Monitoring, Vendor Payment Terms & Payment Mode Analysis

• Coordinate with the procurement team to track advances paid to suppliers and ensure timely conversion of advances into supply of raw materials.
• Analyse payment terms agreed with vendors to ensure alignment with the companys working capital strategy.
• Evaluate and recommend optimal payment modes such as LC, BG, credit terms, or direct payments.
• Work with the procurement team to structure vendor terms that optimize cash flow while maintaining supplier relationships.
• Monitor adherence to agreed payment terms and highlight deviations impacting working capital.

4. MIS & Reporting

• Prepare periodic Working Capital MIS reports for management.
• Track receivable days, payable days, inventory days, and cash conversion cycle.
• Provide insights and recommendations to improve liquidity and efficiency.