Assistant Treasury Manager

Acura Solutions; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Acura Solutions seeks a treasury professional to manage liquidity, fund deployment, and banking operations. The role covers cash management, fund transfers, and investment tracking within NBFC/HFC/BFSI settings, ensuring compliance with policies and timely reporting.

The candidate will work with Finance/Accounts for accurate entries, maintain loan and banking records, and support month-end closing activities related to borrowings and investments.

Qualifications

• Knowledge of banking operations and fund transfer.
• Understanding of treasury and liquidity management concepts.
• Good understanding of investment, MIS and cash flow forecasting.

Responsibilities

• Monitor daily liquidity, balances and cash flows.
• Coordinate daily/weekly fund requirements and ensure timely funding.
• Manage inter-bank and intra-bank transfers and ensure due approvals.

Skills

Banking operations

Fund transfer

Treasury management

Education

Graduate / Post Graduate in Commerce/Finance/Banking

Job description

Role & responsibilities

Key Responsibilities

1. Liquidity Management

• Monitor daily bank balances, liquidity position and cash flows.
• Assess and coordinate daily / weekly fund requirements of the organisation.
• Ensure timely availability of funds for the department as per the requirement
• Move funds between various bank accounts based on business and operational requirements.
• Maintain adequate liquidity and Execute RTGS, NEFT and other banking transactions.
• Manage inter-bank and intra-bank fund transfers.
• Ensure transactions are processed within required timelines and appropriate approval processes.
• Monitor failed / rejected transactions and coordinate with banks for resolution.
• Ensure proper maker-checker controls and documentation.
• Coordinate with internal teams to avoid delays in business and corporate payments

2. Surplus Fund & Investment Management

• Manage deployment of surplus funds in accordance with approved treasury and investment policies.
• Execute and monitor Mutual Fund and Fixed deposit investments and redemptions.
• Track investment maturities, redemption dates and availability of funds.
• Maintain investment records and MIS.
• Coordinate with banks, AMCs, mutual fund platforms and other financial institutions.

3. Banking Operations

• Coordinate opening, closure and modification of bank accounts.
• Manage addition / deletion of authorised signatories.
• Coordinate bank mandates, KYC, account documentation and internet banking access.
• Maintain an updated database of bank accounts, signatories and mandates.
• Liaise with banks for resolution of operational issues and transaction-related matters.

4. Treasury Operation

• Ensure timely repayment of term loans including principal and interest as per the agreed repayment schedule.
• Maintain and monitor the term loan repayment calendar to ensure no payment delays or defaults.
• Perform reconciliation of loan outstanding, interest accrued, and repayments with lender statements.
• Coordinate with the Finance/Accounts team for accurate and timely accounting entries.
• Maintain updated records of loan balances, repayment schedules, interest rates, and other key terms.
• Support month-end closing activities relating to borrowings, interest expenses and Investments.

Key Skills & Competencies

• knowledge of Banking operation and Fund transfer.
• Understanding of Treasury and liquidity management.
• Good understanding of Investment, MIS and cash Flow forecasting.

Qualifications & Experience

• Graduate / Post Graduate in Commerce, Finance, Banking or a related discipline.
• Minimum 4-6 years of experience in banking and operation (NBFC / HFC / BFSI sector preferred).