Deputy Manager for Cash Management

Selectrucks; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Mercedes-Benz Research and Development India Private Limited is seeking a Deputy Manager for Cash Management to lead cash planning, forecasting, and reporting for the group. The role requires coordinating with Front Office, presenting to CFOs, and ensuring accurate cash positions.

It also involves driving treasury automation and cross-border collaboration across regions. The successful candidate will have 7–10 years in treasury, strong analytical abilities, and experience managing complex cash

Qualifications

• University degree in Finance / Controlling / Business Administration or equivalent experience.
• 7–10 years of working experience in treasury, specifically cash management, forecasting, consolidation and reporting.
• Able and willing to work in a multicultural environment.
• Experience in cross-border engagements.
• Accuracy and analytical skills.
• Good stakeholder management and presentation skills.

Responsibilities

• Cash planning for short, medium and long term requirements.
• Coordinate with Front Office to ensure deals are executed and reported.
• Present cash positions, variances and scenarios to CFOs.
• Monitor cash positioning in bank accounts.
• Arrange daily in-house payments for group companies in India.
• Perform daily in-house transfers.
• Collaborate with entities in other countries on forecast numbers.
• Drive changes in net industrial liquidity.

Skills

Analytical skills

Stakeholder management

Presentation skills

Cross-border engagements

Education

Finance / Controlling / Business Administration degree

Job description

Job Description - Deputy Manager for Cash Management (MER00049AX)

Deputy Manager for Cash Management Group : Mercedes-Benz Group AG

Description

Main Activities

• Cash Planning for Short, Medium and Long Term requirements for the MB group companies.
• Co-ordinate with the Front Office team in ensuring the deals planned are executed and reported appropriately.
• Presenting to the CFOs on the cash positions/ Variances/ Go forward scenarios etc.
• Monitoring and review of cash positioning in bank accounts .
• Arrangement of daily i ndustrial payment for group companies in India .
• Daily In-house transfers.
• Work closely with the respective entities in the countries on the forecast numbers.
• Steer changes in Net Industrial Liquidity for the entities.

Integration with Treasury automated systems

• Work on transitioning the Manual cash Positioning process into system driven Treasury automation tool.
• Close co-ordination with vendor on ensuring a smooth Go-Live of selected markets in the automated platform

Compliance (e.g. Internal Control Standards, laws and regulations)

• Treasury guidelines – assure adherence to Treasury guidelines, regular update of local guidelines to Mercedes Benz Standards, manage ICs mechanism, maintain proper process documentation.
• Assure compliance to local laws and regulation regarding various activities as per DAG guidelines/local guidelines..
• Ensure to maintain adequate documentation of all data and discussions with entities.

Qualifications

Qualification

• University degree in Finance / Controlling / Business Administration or equivalent experience

Profession Experience:

• At least 7-10 years of working experience in Treasury domain, specifically on cash management and forecasting, consolidation, reporting etc.
• Able and willing to work in a multicultural work environment .
• Experience in cross border engagements
• Accuracy and analytical skills
• Good stakeholder management and Presentation skills

Organization

Mercedes-Benz Research and Development India Private Limited

Primary Location

India-Karnataka-Bangalore

Work Locations

Mercedes-Benz Research & Development India, Embassy Crest 'Embassy Crest' Plot No 5, EPIP Zone, Phase 1, 560 066