Assistant Manager, Treasury

BDO India; Mumbai; On-site; INR 900,000 - 1,700,000; Full time

Job summary

BDO India is seeking an Assistant Manager - Treasury to lead the organisation's treasury operations, liquidity management, and banking relationships from Mumbai.

The role focuses on ensuring efficient cash management, timely payments, accurate reconciliations, and compliance with internal policies and regulations. You will mentor a team of 4-5 and oversee working capital facilities, loan and lease accounting, coordinating with auditors.

Qualifications

• CA mandatory with 4-7 years treasury experience.
• Strong understanding of treasury operations and cash flow management.
• Proficiency in MS Excel and ERP systems (Dynamics 365).

Responsibilities

• Manage payments of the organisation (accounts payable).
• Manage daily cash flow and liquidity requirements.
• Prepare and monitor short-term and long-term cash flow forecasts.
• Build and maintain relationships with banks and financial institutions.
• Handle banking operations, loan documentation, and bank compliance.
• Manage sanction, renewal, and servicing of working capital facilities, overdrafts, and term loans.
• Review and approve payment releases based on cash flow availability and business priorities.
• Perform monthly bank reconciliations and resolve outstanding items.
• Coordinate with auditors for treasury-related matters.
• Lead and mentor a team of 4-5 members.

Skills

Analytical skills

Communication

Stakeholder management

Cash flow management

Education

Chartered Accountant (CA)

Tools

Microsoft Excel

Microsoft Dynamics 365

Job description

About the Role:

We are looking for a Assistant Manager - Treasury to manage the organisations treasury operations, liquidity, banking relationships, payment processes, and working capital requirements. The role will be responsible for ensuring efficient cash management, timely payments, robust banking operations, accurate reconciliations, and compliance with applicable policies and regulations.

Key Responsibilities:

• Manage completely the payments of the organisation (accounts payable)
• Manage daily cash flow and liquidity requirements.
• Prepare and monitor short-term and long-term cash flow forecasts.
• Build and maintain relationships with banks and financial institutions.
• Handle banking operations, loan documentation, and bank compliance requirements.
• Manage sanction, renewal, and servicing of working capital facilities, overdrafts, and term loans.
• Review and approve payment releases based on cash flow availability and business priorities.
• Perform monthly bank reconciliations and ensure timely resolution of outstanding items.
• Manage finance lease and operating lease accounting, along with loan accounting.
• Coordinate with statutory and internal auditors for treasury-related matters.
• Ensure compliance with internal policies, banking regulations, and applicable accounting standards.
• Lead and mentor a team of 4-5 members, ensuring timely execution of treasury activities and team development.
• Control bank reconciliations and ensure funds / payments are accounted properly.

Qualification & Experience

• Chartered Accountant (CA) - Mandatory
• 4-7 years of relevant experience in treasury and banking operations.
• Strong understanding of treasury operations, banking products, and cash flow management.
• Knowledge of loan accounting and lease accounting.
• Good analytical, communication, and stakeholder management skills.
• Proficiency in Microsoft Excel and ERP systems (preferably Microsoft Dynamics 365).