Treasury & Forex Manager

About the Role:

We are looking for a hands-on and experienced Treasury & Forex Manager to independently manage treasury operations, foreign exchange exposure, import financing, banking relationships and related regulatory compliances in a large, import-oriented business.

Key Responsibilities:

Treasury & Fund Management

• Monitor daily bank balances and overall fund position.
• Prepare weekly and monthly fund-flow plans and projected cash flows.
• Analyze budgeted/projected versus actual cash flows and report variances.
• Ensure adequate liquidity and timely supplier payments.

Forex & Hedging

• Monitor daily foreign exchange rates and currency exposures.
• Execute spot transactions and forward contracts against underlying exposures.
• Coordinate foreign supplier payments and verify foreign remittances.
• Monitor realized and unrealized foreign exchange gains/losses.
• Maintain forex exposure, hedging and settlement MIS.

Banking & Working Capital-Buyers Credit & Import Finance

• Obtain and evaluate Buyers Credit offers and coordinate with banks for execution.
• Manage Buyers’ Credit transactions, documentation, maturity tracking and timely settlement.
• Ensure appropriate accounting of Buyers’ Credit transactions and related charges in coordination with Accounts.
• Coordinate with banks and respond to queries relating to treasury transactions, banking facilities and working capital requirements.
• Prepare and submit working capital-related documents, statements, data and periodic reports to banks within stipulated timelines.
• Coordinate with internal teams to provide supporting information and documentation required by banks for facility renewals, reviews and compliance.
• Ensure timely submission of stock statements, receivables statements and other applicable working capital statements, wherever required.

RBI / FEMA & Import Compliance

• Ensure timely closure of IDPMS / EDPMS transactions.
• Monitor compliance with applicable RBI and FEMA requirements.
• Coordinate GR Waivers wherever required.
• Arrange Form 15CA / 15CB certificates through the auditor/CA office for foreign remittances.
• Maintain appropriate documentation and follow up with banks for closure of outstanding items.

Insurance & Risk Management

• Monitor weekly inventory levels and ensure adequate insurance coverage.
• Coordinate timely renewal of stock/inventory insurance policies.
• Manage documentation and follow up independently with insurance advisors, surveyors and insurers for inventory damage claims until settlement.

Candidate Profile:

• Minimum 5 years of hands-on experience in Treasury, Forex and Banking Operations.
• Strong practical exposure to forex hedging, forward contracts and import payments.
• Experience in Buyers’ Credit / import financing is essential.
• Working knowledge of IDPMS, EDPMS, RBI and FEMA requirements.
• Experience in dealing with banks, forex dealers, auditors/CA firms and insurance advisors.
• Strong analytical, cash-flow planning, reporting and coordination skills.
• High ownership, attention to detail and ability to manage multiple deadlines independently.

Qualification: Postgraduate in Commerce, Finance or Banking preferably CA / CMA / MBA Finance or equivalent professional qualification .

A proactive, commercially aware professional capable of independently managing the complete treasury cycle — from fund planning and forex hedging to import funding, settlement, regulatory closure and insurance claim follow-up.

Interested candidates may apply with their updated CV, highlighting relevant experience in Treasury, Forex, Import financing and related compliances.