Manager / Senior Manager-Finance

VFS Global; Mumbai; Hybrid; INR 2,400,000 - 4,200,000; Full time

Job summary

VFS Global in Mumbai seeks a Manager/Senior Manager - Finance (Treasury & Banking) to oversee day-to-day banking and treasury operations, liquidity management, and cash forecasting.

You will drive investment of surplus funds, manage cash pools, monitor bank charges, and implement treasury policies across locations, ensuring accurate reports and compliance.

Required: 4–6 years corporate treasury experience with at least 2 years in a managerial capacity in an multinational environment.

Qualifications

• Minimum 4-6 years of corporate treasury experience.
• At least 2 years in a managerial capacity in an MNC.
• Experience in cash management, cash flow forecasting, and investment of surplus funds.
• Experience in implementing treasury controls, bank charges reduction, and MIS reporting.

Responsibilities

• Liquidity monitoring, management, reporting and analysis; investment portfolio management.
• Coordinate integrated cash forecasting and short-term borrowings.
• Ensure liquidity management, treasury forecasts and interest income forecasting.
• Global repatriation tracking and upstreaming across countries.

Skills

Cash management

Cash flow forecasting

Liquidity management

Investment portfolio management

Bank charges optimization

Treasury policies compliance

Treasury reporting

Banking operations

Cash pooling

Education

Chartered Accountant

Job description

Role & responsibilities

The Manager / Senior Manager-Finance (Treasury & Banking) will be responsible for ensuring the smooth functioning of all Banking and Treasury, day-to-day operations. particularly in areas such as managing liquidity, investment, short-term and long-term cash forecasting, bank charges control and reduction, ensuring compliance with treasury policies.

Cash and Investment Management

• Overall responsibility and accountability for liquidity monitoring, management, reporting and analysis and investment portfolio management including proper investment of surplus funds.
• Coordinate integrated cash forecasting processes and manage short-term borrowings.
• Ensure effective liquidity management, treasury forecasts (short term and long term), and Interest Income forecast.
• Global repatriation tracking and ensuring maximum possible upstreaming always done by all countries.

Treasury Operations

• Implement treasury policies and operational procedures across various locations.
• Guarantees and other collaterals facilitation, records and control.
• Cash Pool Management and Cash Pool IC Agreements.
• Treasury automation that includes cash forecast automation and other enhancements and reports.
• Regional Treasury operations coordination, review and reporting.
• Facilitate electronic banking services.
• Handle group treasury activities such as cash management, credit control, budgeting, and forecasting.

Compliance and Reporting

• Ensure overall accountability for cash, liquidity, and investment management.
• Ensure timely preparation and quality Treasury reports.
• Vet and control bank charges to implement corrective measures for reducing overall banking costs, while maintaining and updating all banking-related MIS.
• Ensure compliance related to treasury activities and overall control, compliance reporting, agreements and NDAs, Counterparty risk monitoring and mitigation.

Banking Support

• Manage day-to-day banking activities, resolve bank-related queries, fulfil necessary compliance requirements.

Provide banking support for projects and strategic initiatives.

Environment, Social & Governance

• Promote judicious use of natural resources.
• Adhere to the organisations environment, health, and safety policies, objectives, and guidelines.

Education

• Chartered Accountant

Experience

• Minimum 4-6 years of overall corporate treasury experience including cash management, cash flow forecasting, with minimum 2 years in a managing capacity in MNC.