Treasury Manager

Galaxy Surfactants Limited; Navi Mumbai; On-site; INR 1,200,000 - 2,500,000; Full time

Job summary

Galaxy Surfactants Limited seeks a senior treasury leader to manage treasury operations, banking relationships, funding needs, insurance portfolio, risk management, and working capital optimization while ensuring regulatory and internal governance compliance.

The role requires 8–15 years in treasury, banking, corporate finance, or insurance management, with manufacturing or FMCG experience preferred; lead debt management, hedging strategies, and compliance reporting to senior management.

Qualifications

• CA / MBA Finance / CMA is required.
• 8–15 years of experience in treasury, banking, corporate finance, or insurance management.
• Experience in manufacturing, FMCG, chemicals, or large corporate environments preferred.
• Strong exposure to fund raising, banking negotiations, treasury operations, and insurance claim management.

Responsibilities

• Oversee treasury operations, cash flow planning, and liquidity management.
• Manage banking relationships and arrange working capital facilities and term loans.
• Lead insurance programs: property, marine, liability, crime & cyber, D&O.
• Assess and manage financial risks including interest rate, FX, liquidity, and counterparty risk.
• Prepare treasury MIS, debt and liquidity reports for senior management.
• Ensure RBI, FEMA, Companies Act and SEBI compliance; coordinate audits.
• Coordinate with lenders, insurers, and legal teams on documentation and covenants.
• Monitor cash positions, debt service, and investment strategies.
• Drive working capital optimization and governance adherence.

Skills

Treasury management

Cash flow forecasting

Banking relationship management

Debt and liquidity management

Risk management

Insurance management

Regulatory & governance

Stakeholder coordination

Education

CA / MBA Finance / CMA

Job description

Role Summary : To manage the organization's treasury operations, banking relationships, funding requirements, insurance portfolio, risk management framework, and working capital optimization while ensuring compliance with regulatory, statutory, and internal governance requirements.

Key Responsibilities

Treasury Management

• Manage day-to-day treasury operations, cash flow planning, and liquidity management.
• Monitor cash positions across bank accounts and ensure optimum utilization of funds.
• Prepare short-term and long-term cash flow forecasts.
• Drive working capital optimization initiatives.
• Monitor borrowing limits and debt utilization.
• Ensure timely servicing of debt obligations including interest and principal repayments.
• Evaluate and implement treasury strategies to improve yield on surplus funds.
• Manage investments in accordance with approved treasury policy.

Banking & Fund Raising

• Maintain and strengthen relationships with banks, financial institutions, and lenders.
• Negotiate banking facilities, interest rates, fees, and documentation.
• Arrange working capital facilities, term loans, ECBs, bank guarantees, letters of credit, and other financing arrangements.
• Coordinate with lenders for renewals, enhancements, and compliance requirements.
• Review and negotiate loan agreements, sanction letters, and security documents in consultation with legal teams.
• Monitor covenant compliance under financing agreements.
• Support debt refinancing and fund-raising initiatives.

Insurance Management

• Develop and implement the company's insurance strategy and risk mitigation framework.
• Manage all corporate insurance programs including:
• Property Insurance
• Marine Insurance
• Liability Insurance
• Crime & Cyber Insurance
• Directors & Officers (D&O) Insurance
• Coordinate policy renewals and negotiations with insurers and brokers.
• Evaluate adequacy of insurance coverage and identify risk exposures.
• Manage claims administration and settlement processes.
• Monitor claim recoveries and ensure timely closure of claims.

Risk Management

• Identify and assess financial risks including:
• Interest Rate Risk
• Foreign Exchange Risk
• Liquidity Risk
• Counterparty Credit Risk
• Recommend appropriate hedging strategies.
• Monitor compliance with treasury and risk management policies.
• Support implementation of risk mitigation measures across treasury activities.

Financial Planning & Reporting

• Prepare treasury MIS, cash flow reports, debt reports, and management dashboards.
• Present borrowing, liquidity, and insurance updates to senior management.
• Track treasury KPIs and financial commitments.

Compliance & Governance

• Ensure compliance with RBI regulations, Companies Act, FEMA, SEBI requirements, and other applicable regulatory guidelines.
• Manage lender reporting requirements and covenant monitoring.
• Coordinate with auditors for treasury and insurance-related audits.
• Maintain proper documentation and records relating to borrowings, securities, guarantees, and insurance policies.
• Ensure adherence to internal controls and governance standards.

Stakeholder Management :

• Banks and Financial Institutions
• Insurance Companies and Brokers
• Legal Teams
• Statutory and Internal Auditors
• Business and Finance Teams

Desired Qualifications

CA / MBA Finance / CMA

Experience

• 8-15 years of experience in Treasury, Banking, Corporate Finance, or Insurance Management, Accounts Payable, Digitalization
• Experience in manufacturing, FMCG, chemicals, pharmaceuticals, or large corporate environments preferred.
• Strong exposure to fund raising, banking negotiations, treasury operations, and insurance claim management.