Overview
Key Responsibilities:
Banking Operations:
– Manage relationships with multiple banks and financial institutions.
– Oversee day-to-day banking transactions, ensuring compliance with regulatory guidelines and internal controls.
– Monitor bank account reconciliations and ensure timely resolution of discrepancies.
Treasury Management:
– Strategize and execute short-term and long-term liquidity planning.
– Manage cash flow, forecasting, and fund allocation to ensure optimal utilization of resources.
– Monitor and manage foreign exchange risk and hedging strategies.
– Optimize working capital by managing receivables, payables, and inventories effectively.
Investments and Fundraising:
– Evaluate and manage investment portfolios in alignment with company policies and risk appetite.
– Liaise with financial institutions for fundraising, including debt and equity financing.
Compliance and Reporting:
– Ensure adherence to statutory requirements and regulatory compliance related to banking and treasury activities.
– Prepare detailed treasury and banking reports for management and stakeholders.
– Develop and maintain internal controls for all treasury operations.
Policy Development:
– Design and implement policies and procedures for banking and treasury operations to enhance efficiency and reduce risk.
– Conduct periodic reviews of policies to align with changing market dynamics and regulatory requirements.
Collaboration and Stakeholder Management:
– Work closely with finance, accounting, and other cross-functional teams to streamline banking and treasury processes.
– Manage relationships with auditors, legal advisors, and regulatory authorities.
Key Skills and Qualifications:
– Chartered Accountant (CA) qualification is mandatory.
– Minimum 4+ years of post-qualification experience in banking and treasury operations.
– Strong knowledge of banking regulations, financial instruments, and treasury management systems.
– Proficiency in financial analysis, forecasting, and risk management.
– Excellent communication and stakeholder management skills.
– High attention to detail with the ability to multitask and work under tight deadlines.
Preferred Skills:
– Experience in managing FX and interest rate risks.
– Familiarity with ERP systems and advanced proficiency in MS Excel.
– Exposure to fund-raising activities and investment management.