Head Treasury and Account Payable

Role & responsibilities

1. Treasury & Corporate banking :

• Review of timely opening of LC and timely renewal of BG
• Coordination and liasioning with banks and central bank (RBI incl reports / returns submission
• Finalise the facility agreements in coordination with legal counsel Financial covenants/ Condition precedent etc.)
• Prioritization of payments including hedging
• Monitoring BRS and outstanding entries
• Periodic reports / management note on cash flow, funding & projection
• Financing -CMA data for new & renewals of financing proposals & compliances with bank requirement

2. Trade Finance and Foreign Exchange:

• Coordination with various banks for efficient discounting of documents
• Explore various options for optimum & secured financing
• Close monitoring exposure in USD/FE -INR to hedge foreign exchange exposure

3. Payment to material & service vendors & employees incl Expats

4. Compliance and Risk Management

Preferred candidate profile

Candidates from Textile/Manufacturing industry preferred