Assistant Treasury Manager

Exela Technologies; Navi Mumbai; On-site; INR 900,000 - 1,200,000; Full time

Job summary

A leading financial services provider in Navi Mumbai is seeking an experienced Assistant Manager to join their Treasury Operations team. This role is vital for managing the organization's short-term liquidity and ensuring timely cash management. Responsibilities include daily cash management tasks, preparing detailed cash flow forecasts, and managing bank relationships. The ideal candidate will have at least 5 years of experience in Treasury and Banking activities, strong skills in cash management, and proficiency in Excel.

Qualifications

• 5+ years of experience in Treasury & Banking activities.
• Proven experience in managing a treasury or cash management function.
• Ability to handle sensitive information appropriately.

Responsibilities

• Manage and optimize the organization’s short-term liquidity.
• Perform daily cash management tasks.
• Prepare cash flow forecasts and conduct variance analysis.
• Monitor and manage bank relationships and liquidity.
• Coordinate with global counterparts for wire payments.
• Perform bank reconciliations and maintain records.
• Collaborate with Finance for cash forecasting.

Skills

Cash management

Financial principles

Analytical skills

Interpersonal skills

Excel proficiency

Process improvement

Time management

Team collaboration

Education

Graduate or Post Graduate

Tools

Excel

Google Sheets

Job description

Location: Vashi, Navi Mumbai (Work from office)

Experience: 5+ Year’s of experience in Treasury & Banking activities.

Education: Graduate / Post Graduate with relevant experience in Treasury & Banking activities

Summary:

The Assistant Manager will be a key member of the Treasury Operations team, with the primary responsibility of managing and optimizing the organization’s short-term liquidity. This role is crucial for ensuring accurate and timely cash management and supporting global financial operations.

Key Responsibilities

• Perform daily cash management tasks, including monitoring cash balances, bank reporting, and maintaining treasury dashboards.
• Prepare detailed cash flow forecasts and conduct variance analysis between projected and actual cash flow statements.
• Monitor and manage the organization’s bank relationships and overall liquidity.
• Oversee and manage the organization’s debt schedule, ensuring all obligations are met on time.
• Coordinate with global counterparts and banks to reconcile and record activities, ensuring accurate and timely wire payments.
• Perform bank reconciliations and maintain account records.
• Collaborate with the Finance and Operations teams to gather data for cash forecasting and to facilitate banking transactions and approvals.

Skills and Qualifications

• Proven experience in managing a treasury or cash management function.
• Proficiency in financial and cash management principles.
• Strong verbal, written, analytical, and interpersonal skills.
• Advanced computer software skills, particularly with Excel and Google Sheets.
• Ability to handle sensitive information appropriately, including maintaining SOX and audit trails.
• Interested in process improvement, with a focus on defining and implementing Standard Operating Procedures (SOPs) and increasing process efficiencies.
• Excellent time management and organizational abilities.
• A team player who can effectively communicate and coordinate with multiple departments.