Assistant Treasury Manager

BDO India; Mumbai; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

BDO India Services Private Limited is seeking an Assistant Manager - Treasury to manage the organisation's treasury operations, liquidity, banking relationships, and working capital requirements in Mumbai.

The role emphasizes cash flow forecasting, vendor payments, bank compliance, and coordination with auditors, with leadership of a small team. CA qualification and 4–7 years treasury experience are required; proficiency in Excel and Dynamics 365 is preferred.

Qualifications

• 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)

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
• Review and approve payment releases based on cash flow availability and business priorities
• Coordinate with statutory and internal auditors for treasury-related matters
• Lead and mentor a team of 4–5 members, ensuring timely execution of treasury activities and team development

Skills

Analytical skills

Communication skills

Stakeholder management

Education

Chartered Accountant (CA)

Tools

Microsoft Excel

ERP systems (Dynamics 365)

Job description

BDO is a global network of professional services firms with a presence in over 166 countries, revenue of over USD 14 billion, and experience of over 60 years. Its a leading service provider for the mid-markets with client service at its heart.

BDO India Services Private Limited (or BDO India) is the India member firm of BDO International. BDO India offers strategic, operational, accounting and tax, and regulatory advisory & assistance for both domestic and international organizations across a range of industries. BDO India is led by more than 300+ Partners & Directors with a team of over 10,000 professionals operating across 14 cities and 20 offices. We expect to grow sizably in the coming 3-5 years, adding various dimensions to our business and multiplying and increasing the current team size multi-fold.

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).