GM - Banking & Treasury (Manufacturing)

An Indian company who is into steel components manufacturing based in Talegaon (6 day working) is lookign to hire

Job Title: General Manager Banking & Treasury

Function / Department: Finance & Accounting

Location: Talegaon

Reports To: CFO

Experience Required: 1520+ years I

ndustry Preference: Manufacturing / Engineering / Large Corporate Team Size: 57 direct reports

Position Purpose The General Manager – Banking & Treasury is responsible for managing crossborder transactions, banking relationships, liquidity, cash flow, working capital, funding requirements, treasury operations, and financial risk exposure at group level. The role ensures optimum availability and utilization of funds, effective management of banking facilities, timely execution of financial transactions, and strong relationships with banks and financial institutions.

Key Responsibilities

• Manage and strengthen relationships with banks, financial institutions, and funding partners; negotiate facilities, pricing, collateral, and commercial terms.
• Lead treasury operations, cash flow forecasting, liquidity management, and deployment of surplus funds.
• Drive effective working capital management across receivables, payables, and inventory; develop dashboards and MIS.
• Arrange and renew working capital limits, cash credit, OD, bank guarantees, letters of credit, term loans, and structured facilities.
• Manage lifecycle of LCs, BGs, SBLCs, and trade finance instruments.
• Oversee foreign currency exposure, hedging strategies, and compliance with forex regulations.
• Continuously monitor borrowing rates, interest costs, and banking charges; identify costsaving opportunities.
• Prepare treasury MIS covering cash position, fund utilization, borrowings, LC/BG exposure, forex exposure, and risk dashboards.
• Ensure compliance with RBI, FEMA, Companies Act, and internal treasury policies; coordinate with auditors.
• Lead and develop the Banking & Treasury team, building capability and succession planning.

Candidate Profile

• Education: CA / MBA Finance / CFA or equivalent. Additional qualification in Treasury / Financial Risk Management is an advantage.
• Experience: 15–20+ years in banking, treasury, and corporate finance within large manufacturing, engineering, infrastructure, or diversified corporate environments.
• Strong expertise in fund raising, LC/BG, forex, cash flow management, and managing significant banking relationships.
• Proficiency in ERP/SAP and advanced MS Excel.

Competencies

• Corporate treasury management, working capital management, cash flow, fund raising, LC/BG, forex, interest cost optimization, treasury MIS, RBI/FEMA compliance.
• Strong commercial acumen, negotiation skills, analytical ability, stakeholder management, integrity, and ability to work under pressure.