Assistant Manager - Treasury

SAEL Industries Limited; Delhi Cantonment; On-site; INR 600,000 - 900,000; Full time

Job summary

SAEL Industries Limited is seeking a treasury professional to manage forex payments, imprest processes, and bank account activities from Delhi Aerocity. The role involves ensuring timely execution of transactions, accurate accounting, and monthly reporting in line with management requirements.

The candidate should have 2–4 years of treasury experience, with strong cash management and banking operations understanding, capable of handling day-to-day fund management independently.

Qualifications

• Treasury experience, 2-4 years preferred.
• Strong understanding of cash management and banking operations.
• Ability to handle day-to-day fund management independently.

Responsibilities

• Handle and process Forex payment requests within deadlines and liaise with banks.
• Handle imprest requests per internal policy and arrange funds.
• Open/close bank accounts in coordination with banks and relevant departments.
• Register, renew, and maintain LEIs for entities; manage related deposits and accounting.
• Monthly reporting for Fixed Deposits, Imprest, and Forex Payments as required.

Job description

Role & responsibilities

Job Location: Delhi Aerocity

Key Responsibilities

• Handling and Processing the Forex Payment requests within the timeline while maintating the continuous and efficient communication with the user and the banks.
• Handling and processing the Imprest Requests within the organisation with careful examination as per the internal Imprest Policy and subsequent arrangement of Funds.
• Timely Opening and closure of Bank accounts as per the requirements while maintaining the close communication with the Banks and the concerned departments .
• Registration , Renewal and Maintenance of all the LEIs of different entities within the organisation Issuance and Release of Fixed Deposits along with respective accounting .
• Monthly reporting of Fixed Deposit Schedule ,Imprest and Forex Payments as per the specified format and requirements by the management.
• Issuance/Amendment/Cancellation of bank Guarantee while maintaining the close communication with the bank the users on the requirement during the process.
• Issuance / Amendment of LC while maintaining the complete record of LC utilisation over the period of continuous reviewing and maintaining the record of bank charges on the issuance/amendment and cancellation of BG & LC.
• Regular payments of bills against LC along with respective accounting entries.
• Operational Level requirement on Investment and its accounting entries .
• Monthly Reporting on BG/LC issuance in the specific format and requirements by the management.

Preferred candidate profile

A candidate with 2 - 4 years of treasury experience should possess a strong understanding of cash management, banking operations, and corporate treasury processes while being capable of handling day-to-day fund management activities independently.