Senior Executive Accounts – Treasury

Kemin; Chennai District; On-site; INR 700,000 - 900,000; Full time

Job summary

Kemin in Chennai is seeking a Treasury Operations professional to manage cash and fund management, bank relationships and forex processing. The role requires coordinating daily cash positions, preparing MIS and ensuring FEMA/compliance, with exposure to ERP and audit schedules.

The ideal candidate holds a Commerce/PG in Finance with 4–6 years in accounts and at least 2 years in treasury or banking operations, and can handle payments, LC/Bank guarantees, and working capital facilities.

Qualifications

• Com / M.Com / MBA (Finance) with 4 to 6 years of experience in accounts including at least 2 years in treasury or banking operations.

Responsibilities

• Monitor daily cash and bank positions across all accounts and prepare the daily fund position report.
• Prepare weekly and monthly cash flow forecasts and support fund planning for working capital requirements.
• Process vendor, statutory and other payments through banking portals in line with approved payment runs and the authorization matrix.
• Coordinate day-to-day banking operations - account opening/closure, KYC, signatory updates and review of bank charges.
• Handle forex transactions including import/export remittances and forward contracts, ensuring FEMA compliance and documentation (Form A1/A2, EDPMS/IDPMS reconciliation).
• Manage working capital facilities, letters of credit and bank guarantees - issuance, renewal, tracking and compliance with sanction terms.
• Monitor investment of surplus funds (fixed deposits, liquid funds) and track maturities and interest accruals.
• Review bank reconciliation statements (BRS) and resolve open items on a timely basis.
• Account for treasury transactions in ERP - interest, bank charges, forex gain/loss and MTM valuation.
• Prepare treasury MIS and schedules for statutory, internal and group audits.

Education

Com / M.Com / MBA (Finance)

Job description

Overview

Location : Chennai

Position Objective :

• Treasury Operations, Cash and Fund Management
• Banking, Forex, Treasury MIS and Audit Schedules
• Work Environment: Corporate.

Responsibilities

• Monitor daily cash and bank positions across all accounts and prepare the daily fund position report.
• Prepare weekly and monthly cash flow forecasts and support fund planning for working capital requirements.
• Process vendor, statutory and other payments through banking portals in line with approved payment runs and the authorization matrix.
• Coordinate day-to-day banking operations - account opening/closure, KYC, signatory updates and review of bank charges.
• Handle forex transactions including import/export remittances and forward contracts, ensuring FEMA compliance and documentation (Form A1/A2, EDPMS/IDPMS reconciliation).
• Manage working capital facilities, letters of credit and bank guarantees - issuance, renewal, tracking and compliance with sanction terms.
• Monitor investment of surplus funds (fixed deposits, liquid funds) and track maturities and interest accruals.
• Review bank reconciliation statements (BRS) and resolve open items on a timely basis.
• Account for treasury transactions in ERP - interest, bank charges, forex gain/loss and MTM valuation.
• Prepare treasury MIS and schedules for statutory, internal and group audits.

Qualifications

• Com / M.Com / MBA (Finance) , with 4 to 6 years of experience in accounts, including at least 2 years in treasury or banking operations

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