About the role
Finance - Treasury Operations Finance - Treasury Operations Job Description Treasury Manager / Head of Treasury Banking & Treasury | Cash Flow Management | RBI / FEMA Compliance CA / CFA / MBA (Finance) | India Role Details Treasury Manager / Head of Treasury Function Finance & Treasury Reporting To CFO / Director – Finance Location India (Hybrid / On-site) Qualification CA / CFA / MBA Finance — with 8-10 years in treasury, banking, or corporate finance Experience Strong Big-4 articleship, bank treasury desk, or corporate treasury background preferred
ABOUT
THE ROLE We are looking for a sharp and commercially minded Treasury professional to own the entire treasury and banking function of the organisation.
The role spans cash flow management, working capital optimisation, forex hedging, banking relationship management, and full RBI/FEMA compliance. This is a hands-on, high-ownership role — the incumbent will be the single point of accountability for liquidity, borrowings, and regulatory treasury filings. The ideal candidate combines financial rigour with the ability to negotiate, build banker relationships, and manage complexity across domestic and cross-border transactions. KEY
RESPONSIBILITIES 1. Cash Flow Management & Planning • Own the daily, weekly, and monthly cash flow forecast for all entities — India and overseas. • Build a rolling 13-week cash flow model; maintain actuals vs. forecast with commentary on variances. • Map cash inflows (collections, advances, export remittances) against outflows (vendor payments, debt service, capex, tax) to identify gaps proactively. • Design and enforce a centralised cash pooling / sweeping structure to minimise idle balances and reduce net borrowing costs. • Coordinate with FP&A, sales, and procurement teams to align collection timelines and payment terms with liquidity
requirements. 2. Working Capital — Sources,
Requirements & Gap Analysis • Conduct periodic working capital analysis: debtor days, creditor days, inventory days, and cash conversion cycle. • Identify funding gaps and seasonal peaks; build the case for appropriate working capital limits with bankers. • Manage the full lifecycle of Working Capital (WC) credit lines — CC / OD / WCDL / Export Packing Credit (EPC) / Post Shipment Credit (PSC). • Optimise the WC mix between fund-based and non-fund-based limits to reduce the overall cost of capital. • Prepare and present monthly WC utilisation reports to CFO and banking partners. 3. Banking Relationship Management • Serve as the primary interface with all banking partners — public sector, private, and foreign banks. • Negotiate and renew credit facilities, sanction limits, pricing, and fee structures on an annual / periodic basis. • Maintain a competitive multi-bank framework; periodically benchmark rates and services against market. • Ensure all bank mandates, signatories, and online banking authorisations are current and controlled. • Build relationships with senior bankers, relationship managers, and treasury desks to secure preferential terms. • Lead onboarding of new banking partners where diversification of banking relationships is required. 4. Working Capital Lines — LC, BG & Structured Facilities • Manage Letters of Credit (LC): issuance, amendments, discounting, and usance LC structuring for imports. • Handle Bank Guarantees (BG): performance guarantees, payment guarantees, bid bonds, and financial guarantees — from application to expiry / invocation management. • Manage Buyers' Credit / Suppliers' Credit structures and SBLC arrangements where applicable. • Ensure sanction letters, facility agreements, and security creation / modification are properly executed and filed. • Track utilisation, expiry, and renewal timelines for all non-fund-based limits. 5. Forex Management & Hedging / Derivatives • Monitor the company's foreign currency exposure across receivables, payables, loans, and investments. • Develop and implement a Board-approved hedging policy; execute forward contracts, options, and swaps as appropriate. • Manage hedge accounting entries under Ind-AS 109 (or applicable standard) including effectiveness testing and documentation. • Track MTM (Mark-to-Market) positions; present exposure and hedge summaries to CFO monthly. • Maintain relationships with forex desks of banking partners; obtain competitive quotes for forex transactions. • Ensure all derivative contracts comply with RBI / FEMA extant regulations on hedging of permitted exposures. 6. Investment of Surplus Funds • Identify and manage short-term and medium-term investment opportunities for surplus liquidity — FDs, liquid mutual funds, treasury bills, commercial paper, etc. • Build and manage an investment policy statement (IPS) approved by the Board / CFO defining permitted instruments, tenors, credit ratings, and concentration limits. • Optimise returns on idle cash within the risk appetite of the organisation. • Track maturity schedules; reinvest or deploy proceeds in line with cash flow