Senior Treasury Manager

Position Title - Senior Manager Treasury

Location - Bangalore

Function: Finance

The Role Reports to: Head Treasury

The Role: SM Treasury will be responsible for managing and optimizing UBL's treasury operations / strategies with a strong focus on liquidity management, working capital optimization, foreign exchange and commodity risk management, banking relationships, trade finance, treasury controls and automation.

The role will partner closely with Finance, Commercial, Supply Chain, Procurement, Tax, Accounting, Business teams and external stakeholders like Banks/ NBFC's to ensure adequate liquidity, efficient deployment of capital, effective financial risk management and strong treasury governance.

Key Accountabilities:

1. Liquidity & Cash Management

• Lead daily cash and liquidity management across UBL.
• Prepare and monitor daily, weekly and rolling 13-week cash-flow forecasts.
• Monitor cash balances, collections, payments and funding requirements.
• Manage & Optimize utilization of WCDL, working capital lines, overdrafts and other short-term funding facilities/ Letter of credits/ Buyers Credit/ bank guarantees.
• Develop early-warning indicators for liquidity stress and funding requirements.
• Drive initiatives to improve cash conversion cycle and overall cash generation.
• Coordinate with business and commercial teams to accelerate collections and optimize payment cycles.
• Establish and monitor cash buffers in line with Treasury policy.

2. Working Capital Management

• Drive working capital optimization across Receivables, Inventory and Payables.
• Track and improve key metrics such as:

- DSO

- DPO

- Inventory Days

- Cash Conversion Cycle

- Overdues.

- Working Capital / Revenue

• Work with Commercial and Supply Chain teams to identify opportunities for releasing trapped cash.
• Develop working-capital dashboards and actionable management reports.
• Evaluate and implement SCF, receivables discounting, vendor financing and other working-capital solutions.

3. Foreign Exchange & Commodity Risk Management

• Manage UBL's foreign currency exposures arising from imports, exports, inter-company transactions and other commercial exposures.
• Develop and execute FX hedging strategies within the approved Treasury/Risk Management Policy.
• Manage exposure identification, hedge execution, documentation and monitoring.
• Monitor USD/INR and other relevant currencies and provide market intelligence to management.
• Support management of commodity exposures, including aluminum and other key brewing/input commodities, where applicable.
• Maintain & Monitor Hedge positions, MTM, VaR, hedge savings etc.
• Coordinate with Accounting and auditors on hedge accounting / Ind-AS requirements.

4. Audit and Compliance

• Collaborate with audit teams to provide relevant information and support to the auditors
• Ensure compliance with RBI regulations/ FEMA/ IND- AS/ Treasury policy/ Agreements and covenants.
• Month end closures.
• Thorough knowledge of Import and export documentation.

5. Treasury Automation & Digitalization

• Lead initiatives to automate treasury processes and reduce manual intervention.
• Drive implementation/enhancement of TMS, cash forecasting, FX exposure management and treasury reporting solutions.
• Integrate ERP, banking platforms and treasury systems wherever feasible.
• Liquidity Dashboards.

Required Qualifications and Experience

• Chartered accountant or MBA (Finance) with 8+ Years of experience in FMCG Industry
• Strong experience in Business Treasury strategy and ops.
• Strong proficiency in problem-solving methodologies, data visualization tools and techniques, and reporting best practices.
• Highly motivated, results-driven, and proactive, with a demonstrated ability to challenge the status quo and strive for excellence.
• Effective in stakeholder management, with strong interpersonal skills and the ability to build and maintain meaningful connections across functions