Treasury Manager

Whirlpool; Gurugram District; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

Whirlpool is seeking a Treasury Manager in Gurugram, India. This role involves managing Cash Management Services, developing strong relationships with stakeholders, and ensuring compliance with financial regulations. Candidates should have 5 to 9 years of relevant experience and an MBA/PGDM.

The ideal candidate will be responsible for fund transfers, cash positioning, and analyzing daily cash flows. This position offers the opportunity to contribute to financial strategies and ensure adequate insurance coverage.

Qualifications

• Minimum 5 to 9 years of experience in Treasury and Investment.
• Strong understanding of Cash Management Services and investment strategies.
• Ability to analyze cash flows and resolve financial issues.

Responsibilities

• Negotiate and implement agreements for Cash Management Services.
• Develop daily cash position to manage funds effectively.
• Execute fund transfers and coordinate cash flows.
• Analyze cash flows with forecasts and resolve issues.
• Manage trade documents and ensure compliance with regulations.

Skills

Negotiation

Cash Management

Investment Strategies

Financial Analysis

Relationship Management

Education

MBA/PGDM

Job description

Role & responsibilities

1. Responsible for negotiation and implementation of all agreements related to Cash Management Services/limits for the banks
2. Develop a daily cash position to utilize all possible funds available and ensure investment of surplus funds in fixed income/mutual funds
3. Execute fund transfers, perform Cash positioning, and coordinate cash flows
4. Borrowing/Raising Funds from banks -Non fund based
5. Analyze daily cash flows with forecasts- identify, investigate and resolve problems on cash flows & reporting
6. Responsible for trade documents like LC and BGs
7. Exposure on Forex Exchange, Hedging strategy & Forwards contracts
8. Develop strong relationships with all key stakeholders to provide an integrated and consistent customer experience across all delivery channels.
9. Ensure compliance with regulatory and compliance requirements.
10. Responsible for Annual Bank account inventory
11. India Treasury reporting and compliances
12. Cash Repatriation & Dividend Distribution

Company Insurances

• Evaluating Risks & ensuring adequate Insurance Coverage for the same
• Coordinating with Finance & HR teams to ascertain the value for coverage for
• Capex Plans for fixed assets coverage
• Purchase Plans for Marine cover
• Inventory projections for Warehouse Insurance policies
• Headcount & related information for Group Medical Insurance Cover
• Ensuring compliance to terms of Insurance Policies
• Coordinating with Insurers for recovery of claims, if any

Preferred candidate profile

Min 5 to 9 yrs of experience in Treasury and Investment

Education: MBA/PGDM