Assistant Manager / Deputy Manager - Treasury

Primary Purpose:

Candidate should possess excellent knowledge and execution capabilities to assist in innovative debt raising avenues which are cost effective and help the overall financial health of the Group. Having a good rapport with top management of various Banks, fund houses both domestic as well as international is must.

Candidate will be responsible for raising domestic/international banking lines, foreign currency risk, equity base funding and cash management system for the Group. Understanding the latest financial and operational technologies will be an added advantage.

Key Accountabilities/Activities:

• Identifying additional avenues in raising funds, keeping in mind overall funding requirements at Group level
• Be updated with various non-conventional modes of fund raise such as bill discounting, Letter of Credit, BG funding etc.
• Develop strong relationships with banks, financial institutions, and other relevant stakeholders to initiate, ideate and bring on table innovative fund raise deals
• Assisting in exploring options for reducing the effective cost of funds and/ or identifying avenues to reduce security coverage for the existing loans based on market practice
• Assisting Global Treasury head in effective deployment of surplus funds
• Partnering with business to add value in new & innovative banking structures & modelling, negotiations, compliance, and reporting
• Nurture professional relationships with internal & external stakeholders such that business goals & objectives are timely met
• Ensuring strict timelines towards funding lines and its compliances
• Constant vigilant approach based on changes in business or external factors
• Coordinating with internal stakeholders for collation of data. Critically analyzing the data received from finance team before submission to banks and financial institutions
• Preparation of future projections, in coordination with business and finance teams
• Coordination with banks and financial institutions for collation and submission of the requisite data
• Coordinating for obtaining the loan disbursement, EMI, interest accrual, balance confirmation and TDS certificates from banks and financial institutions. Monitoring renewal and repayment schedules
• Ensuring release of securities and charges and compliance towards closed loans and facilities
• Month End and Quarter end book closing activities related to borrowings

Key Interactions:

Internal:

• Interfacing Finance, Business Teams, secretarial and legal teams, and other departments as and when required
• Reporting to AVP, Treasury, Relationship

External:

• Candidate needs to be external market focused and needs strong relationship with banks and financial institutions

Competencies Required for the Role:

• Should have good knowledge of banking regulations, exchange control regulations and other RBI guidelines relating to fund raise
• Should be good in Microsoft Excel
• Should be well versed with Accounting ERPs such as Tally, Microsoft, SAP
• Fluency in both spoken and written English
• An organized and detail mind with a good sense of responsibility
• A team player with high energy levels
• Ability to work independently under pressure with a can-do attitude
• The person must be a domain expert with strong control over key concepts of Treasury & Banking
• Knowledge of preparation of CMA and other Financial Modelling along with accounting MIS is a Must

Qualification: Chartered Accountant / MBA with 2+ years of experience