Main Purpose:• To perform designated responsibilities on a day-to-day basis as laid down in this document • Manage the Mumbai based team of appr. 15 staff with 2 managers as direct reports • Support the Regional Head of Treasury Operations Africa and APAC on various projects • Play a crucial role in managing treasury operations, liquidity management, risk assessment, and financial compliance.Knowledge Skills and Abilities, Key Responsibilities:
Cash Management:
Oversee daily cash management activities for the group
Ensuring optimal liquidity levels and efficient cash utilization.
Implement cash pooling structures and optimize bank account structures to streamline cash flows and reduce funding costs.
Monitor and forecast cash flows to support operational needs and strategic initiatives.
Manage relationships with banks and financial institutions to negotiate favorable terms for cash management services.
Evaluate financing options and structures to support business growth and capital requirements for downstream entities
Manage debt facilities, including syndicated loans, and other financing instruments, to ensure cost-effective funding.
Coordinate with internal and external stakeholders to execute financing transactions and maintain compliance with debt covenants.
Monitor interest rate risks and implement hedging strategies to mitigate financial exposures.
FX Risk Management:
Develop and implement FX risk management strategies to hedge currency exposures and minimize impact on financial performance.
Monitor FX market trends, analyze currency risks, and recommend hedging instruments such as forwards, options, and swaps.
Manage relationships with FX counterparties and execute hedging transactions in accordance with risk management policies.
Provide guidance on FX risk assessment and reporting to senior management and relevant stakeholders.
Cash Flow Forecasting:
Lead the cash flow forecasting process for APAC and Africa regions, incorporating inputs from various business units and departments.
Develop robust forecasting models to predict short-term and long-term cash flows, considering market dynamics and business growth.
Analyze variances between actual and forecasted cash flows, identify trends, and recommend actions to optimize cash positions.
Collaborate with finance teams to integrate cash flow forecasts into financial planning and budgeting processes.
Adhoc
Local Regulatory/ Liquidity updates
Monthly Balance Sheet Treasury Review
Quarterly Performance Reviews
Knowledge, Skills and Abilities
Degree Educated or equivalent (CA or MBA)
10+ years Treasury Experience
Possess strong numerical and analytical skills
Good verbal and written communication skills with the ability to articulate complex information
Microsoft Office proficient
Treasury management system experience , preferably Kyriba
Team/People management (should have managed at least a team of 10 members)
Have an eye for detail
Pro-active and possess a flair for process transformation
Ability to thrive in a fast-paced environment, prioritize tasks, and make sound decisions under pressure.
Proven track record of driving process improvements, managing complex projects, and delivering results.
