Assistant Manager - Treasury

Job Description:

1. Job Purpose

The Senior Executive Treasury will be responsible for managing day-to-day treasury operations, cash and bank management, payment processing, liquidity planning, banking activities, and treasury controls. The role will ensure timely availability of funds, efficient utilization of cash, accurate bank transactions, and compliance with internal treasury policies.

2. Key Responsibilities

A. Cash & Bank Management

• Monitor daily bank balances across all company bank accounts.

• Prepare and maintain daily cash position and fund availability reports.

• Monitor inflows and outflows and ensure adequate liquidity for business requirements.

• Coordinate fund transfers between bank accounts as required.

• Monitor bank charges, interest, and other banking transactions.

• Perform regular bank reconciliation and investigate outstanding/unidentified transactions.

B. Payment Management

• Review and process vendor, employee, statutory, loan, and other business payments.

• Verify payment requests against approved invoices, supporting documents, and company policies.

• Ensure maker-checker controls are followed before release of payments.

• Coordinate with Accounts Payable and other departments for payment requirements.

• Ensure payments are released within defined payment timelines.

• Monitor urgent payments and ensure appropriate approvals are obtained.

C. Banking Operations

• Coordinate with banks for day-to-day banking requirements.

• Handle bank portal activities, including beneficiary creation/modification and payment uploads.

• Coordinate with banks for account-related issues, transaction failures, payment returns, and service requests.

• Maintain banking documentation and authorized signatory records.

• Support opening/closure of bank accounts and other banking arrangements.

• Follow up with banks for pending transactions and operational issues.

D. Liquidity & Cash Flow Management

• Support preparation of daily, weekly, and monthly cash flow forecasts.

• Track actual cash flows against forecast and highlight significant variances.

• Identify upcoming funding requirements and communicate potential cash shortages in advance.

• Monitor working capital movements and their impact on liquidity.

• Support management in optimizing cash utilization.

E. Investments & Surplus Fund Management

• Monitor surplus cash available for short-term investments.

• Maintain records of Fixed Deposits, Mutual Funds and other approved

investments.

• Track investment maturity dates, interest income, and redemptions.

• Coordinate with banks/investment institutions for investment transactions.

• Ensure investments are made in accordance with company-approved policies and limits.

F. Loan & Debt Management

• Maintain loan and borrowing schedules.

• Track principal and interest repayment due dates.

• Coordinate with banks and lenders for EMI/repayment processing.

• Monitor loan balances, interest rates, and repayment schedules.

• Support preparation of debt and borrowing reports for management.

G. Treasury MIS & Reporting

• Prepare daily/weekly/monthly Treasury MIS.

• Prepare reports covering:

• Bank balances
• Cash position
• Payment status
• Cash flow forecast
• Investments
• Loans and repayments
• Bank charges and interest
• Outstanding/unidentified bank transactions

• Provide treasury-related data and analysis to management.

H. Treasury Controls & Compliance

• Ensure compliance with internal treasury policies and approval matrices.

• Ensure proper verification of vendor bank details before payments.

• Support internal, statutory, tax, and investor audits with required treasury documents.

• Maintain proper records of payment approvals, bank confirmations, and treasury transactions.

• Identify control gaps and recommend process improvements.

I. Process Improvement & Automation

• Identify opportunities to improve treasury processes and reduce manual activities.

• Support automation of payment, cash flow, bank reconciliation, and treasury reporting processes.

• Improve accuracy and turnaround time of treasury operations.

• Coordinate with IT, Finance, AP, and other teams for system/process

improvements.

3. Key Skills & Competencies

• Strong understanding of Treasury and Cash Management.

• Good knowledge of banking operations and payment processes.

• Strong analytical and reconciliation skills.

• Good understanding of working capital and cash flow.

• Knowledge of bank portals and online payment systems.

• Strong MS Excel skills, including Pivot Tables, XLOOKUP/VLOOKUP.

• Knowledge of ERP/accounting systems such as Tally, Zoho or similar

platforms.

• Strong attention to detail and control orientation.

• Good communication and coordination skills.

• Ability to work under tight payment deadlines.

• Ability to identify operational risks and control weaknesses.

interested candidates can share their resume on [email removed]