Hiring for Treasury Manager: Mohali, Chandigarh in Chandigarh, Mohali for Exp. 10 - 15 yrs at Futurestep Recruitment Services Private Limited.

  • Esteemed client of Orion TrueTech Services India
  • Chandigarh, Punjab, India
  • Jan 11, 2019
Full time Others

Job Description

Job Description:Job Title: Treasury Manager Level: Manager grade Reporting: Reporting to On-shore Treasury partner Work Location: Mohali, Chandigarh, India About us: We are a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees. Founded in 1818, the company is headquartered in White Plains, New York. We are worlds No.1 manufacturer of bottled oils, and our brands in India include Dalda, Gagan, Ginni Chambal. We have implemented a Shared Services Center in Mohali, India to support Global Operations in areas of Finance Accounting, Trade Operations, Treasury and IT Support and other back office support Services. Job Purpose: The Candidate is responsible for support Treasury function of the Financial services division from Business services, Mohali. Also, the candidate needs to help in creating the roadmap for extended scope of treasury services that can be supported from shared services center in near future. Key Responsibilities: Liaison with Brokers bank on the periodic confirmation process. Support to treasury function in recordkeeping management of the financial instruments including derivatives.&amp nbsp Support the function in the price testing&amp nbsp Support in managing the financial risks of the company with specific focus on FX risk dealing with banks and other financial institution to execute FX hedging contracts. Support to all group affiliates in their treasury and financial management function including respective bank relationship management. Ensure global compliance with group financial policies and procedures Help treasury function to develop the Treasury Management System and cash pooling structure worldwide. Preparation of Daily cash and liquidity report, periodical defined reporting, cash flow monitoring, and updating board reports Monitor cash requirements, execute daily financing decisions, prepare companys various cash flow forecasts and perform financial modeling Assess risk review and recommend changes to the investment policies based on the market conditions Monitor and keep good relationships with banks and financial institutions ensuring effective communication with other departments for accurate and timely reporting Prepare variance analysis report for debt forecast (planned v/s actuals) and provide commentary for variances Prepare submit Indebtedness report as per defined schedule Take ownership for delivery of high-quality work by supporting a broad range of Treasury projects which may include liquidity management, cash flow forecasting, risk management, Treasury technology, post- merger integration and organizational design Support as requested with proposal development and business development initiatives for prospective treasury engagements Additional responsibilities: Identify ideas for process improvement utilizing industry leading practices in the domain Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future