Treasury Manager

Wockhardt; Mumbai; Presencial; INR 1.800.000 - 3.200.000; Jornada completa

Descripción de la vacante

Wockhardt in Mumbai seeks an experienced Treasury professional to oversee consortium banking, funding, forex hedging and cash management. You will manage banking relationships, coordinate credit facilities, and ensure compliance with RBI/FEMA guidelines.

Responsibilities include monitoring liquidity, preparing treasury reports, negotiating terms, and coordinating with finance, tax and audit teams to optimise working capital and funding decisions.

Responsabilidades

• Manage consortium banking arrangements and relationships with member banks.
• Coordinate annual renewal of working capital and other credit facilities.
• Prepare CMA data, financial statements, projections and other documents required for renewals.
• Organise quarterly consortium meetings, prepare agenda, presentations and minutes, and ensure closure of action points.
• Coordinate with the lead bank and consortium members on facility terms, drawing power and fund-based/non-fund-based limits.
• Manage relationships with existing bankers and financial institutions.
• Evaluate and arrange new funding proposals for working capital, term loans, capex and other business requirements.
• Negotiate interest rates, processing fees, security requirements and other financing terms.
• Coordinate credit appraisal, due diligence, sanction letters, documentation and disbursements.
• Explore alternative sources of funding and optimise the overall cost of borrowing.
• Monitor foreign currency exposures arising from imports, exports, foreign currency loans and overseas subsidiaries.
• Execute and monitor forex hedging transactions in accordance with the approved treasury policy.
• Coordinate with banks on forward contracts, options and other permitted hedging instruments.
• Monitor hedge positions, mark-to-market movements, maturities and cancellations.
• Ensure timely settlement of forex transactions and compliance with applicable RBI/FEMA requirements.
• Manage investment of surplus and liquid funds to optimise returns while maintaining liquidity and capital safety.
• Evaluate investment options such as bank deposits, liquid funds and other approved instruments.
• Monitor investment maturities, renewals, returns and counterparty exposure.
• Maintain daily liquidity positions and cash flow forecasts to ensure availability of funds.
• Ensure compliance with applicable RBI guidelines, FEMA provisions and other relevant regulatory requirements.
• Coordinate with authorised dealer banks for foreign exchange transactions, remittances and related documentation.
• Monitor regulatory reporting requirements and ensure timely submission of applicable declarations and documents.
• Maintain proper records of forex transactions, external borrowings and other regulated treasury activities, as applicable.
• Monitor compliance with financial and non-financial covenants under loan and financing agreements.
• Track financial ratios, repayment schedules, interest payments and other obligations under sanction terms.
• Ensure timely submission of stock statements, book debt statements, financial results, utilisation certificates and other lender reports.
• Monitor security creation, charge registration, insurance requirements and other conditions stipulated by lenders.
• Coordinate waiver requests, covenant modifications and lender approvals wherever required.
• Treasury Operations and Reporting: Monitor daily cash balances, fund utilisation, banking limits and liquidity requirements.
• Prepare treasury reports covering borrowings, interest costs, investments, forex exposure and cash flow forecasts.
• Identify opportunities to reduce financing costs and improve working capital efficiency.
• Ensure timely processing of interest payments, loan instalments, bank charges and other treasury obligations.
• Maintain treasury documentation, MIS and internal controls.
• Internal and External Coordination: Coordinate with Finance, Accounts, Tax, Legal and business teams on treasury matters.
• Liaise with statutory auditors, internal auditors, banks and other financial institutions.
• Support management in funding decisions, liquidity planning, risk management and treasury policy implementation.

Descripción del empleo

Job Description Treasury

Location : Mumbai

Key Responsibilities

1. Consortium Banking Management

• Manage consortium banking arrangements and relationships with member banks.
• Coordinate annual renewal of working capital and other credit facilities.
• Prepare and submit CMA data, financial statements, projections and other documents required for renewals.
• Organise quarterly consortium meetings, prepare agenda, presentations and minutes, and ensure closure of action points.
• Coordinate with the lead bank and consortium members on facility terms, drawing power and fund-based/non-fund-based limits.

2. Banking Relationships and Funding

• Manage relationships with existing bankers and financial institutions.
• Evaluate and arrange new funding proposals for working capital, term loans, capex and other business requirements.
• Negotiate interest rates, processing fees, security requirements and other financing terms.
• Coordinate credit appraisal, due diligence, sanction letters, documentation and disbursements.
• Explore alternative sources of funding and optimise the overall cost of borrowing.

3. Forex and Hedging

• Monitor foreign currency exposures arising from imports, exports, foreign currency loans and overseas subsidiaries.
• Execute and monitor forex hedging transactions in accordance with the approved treasury policy.
• Coordinate with banks on forward contracts, options and other permitted hedging instruments.
• Monitor hedge positions, mark-to-market movements, maturities and cancellations.
• Ensure timely settlement of forex transactions and compliance with applicable RBI/FEMA requirements.

4. Investment of Surplus Funds

• Manage investment of surplus and liquid funds to optimise returns while maintaining liquidity and capital safety.
• Evaluate investment options such as bank deposits, liquid funds and other approved instruments.
• Monitor investment maturities, renewals, returns and counterparty exposure.
• Maintain daily liquidity positions and cash flow forecasts to ensure availability of funds.

5. RBI and Regulatory Compliance

• Ensure compliance with applicable RBI guidelines, FEMA provisions and other relevant regulatory requirements.
• Coordinate with authorised dealer banks for foreign exchange transactions, remittances and related documentation.
• Monitor regulatory reporting requirements and ensure timely submission of applicable declarations and documents.
• Maintain proper records of forex transactions, external borrowings and other regulated treasury activities, as applicable.

6. Loan Covenant and Facility Compliance

• Monitor compliance with financial and non-financial covenants under loan and financing agreements.
• Track financial ratios, repayment schedules, interest payments and other obligations under sanction terms.
• Ensure timely submission of stock statements, book debt statements, financial results, utilisation certificates and other lender reports.
• Monitor security creation, charge registration, insurance requirements and other conditions stipulated by lenders.
• Coordinate waiver requests, covenant modifications and lender approvals wherever required.

7. Treasury Operations and Reporting

• Monitor daily cash balances, fund utilisation, banking limits and liquidity requirements.
• Prepare treasury reports covering borrowings, interest costs, investments, forex exposure and cash flow forecasts.
• Identify opportunities to reduce financing costs and improve working capital efficiency.
• Ensure timely processing of interest payments, loan instalments, bank charges and other treasury obligations.
• Maintain treasury documentation, MIS and internal controls.

8. Internal and External Coordination

• Coordinate with Finance, Accounts, Tax, Legal and business teams on treasury matters.
• Liaise with statutory auditors, internal auditors, banks and other financial institutions.
• Support management in funding decisions, liquidity planning, risk management and treasury policy implementation.