Treasury Manager

Role purpose

Own the company's relationships and sanctioned limits across about 10 banks, and run them as one clean, documented process. The role ensures limits are always available, utilised efficiently and renewed on time, with every bank submission complete and on schedule.

Key responsibilities

1. Banking relationships and limits (10 banks)

• Manage day-to-day relationships with ~10 banks under consortium / multiple banking arrangements.
• Track fund-based and non-fund-based limits bank-wise: CC/OD, WCDL, PCFC/EPC, PSCFC, Gold Metal Loan, SBLC, forward contract limits.
• Monitor daily utilisation, drawing power and headroom; allocate drawdowns to the cheapest available line.
• Lead annual renewals, enhancements, new sanctions and interest/charge negotiations.
• Coordinate consortium meetings, lead bank communication and inter-bank sharing of information.

2. Process streamlining

• Build a single limits and utilisation tracker covering all banks, refreshed daily.
• Standardise bank requests (GML drawdown, export bill discounting) with checklists and turnaround times.
• Build a compliance calendar for every sanction term and covenant, with owners and due dates.
• Cut duplicate document requests by keeping one master document set reused across banks.
• Drive digital banking (CMS, trade portals, ERP/SAP integration) to reduce manual work.
• Recalculate interest bank-wise every month and verify the bank has charged the correct rate; take up and recover any excess charged.

3. Documentation and bank submissions

• Prepare and submit renewal / enhancement packs: CMA data, projections, audited and provisional financials, stock and book-debt statements, ageing.
• Submit monthly stock statements and DP computations on time to every bank.
• Handle QIS, FFR/MSOD returns, unhedged foreign currency exposure (UFCE) certificates and covenant compliance certificates.
• Coordinate stock audits, valuer reports, insurance assignments and security creation (hypothecation, mortgage, CERSAI, ROC charge filing).
• Keep sanction letters, security documents and renewal history indexed and audit-ready.

4. Liquidity, cost and risk

• Prepare daily cash position and 13-week cash flow forecast.
• Track effective cost of funds bank-wise and recommend shifts to lower-cost lines.
• Manage forex exposure on export receivables and gold / metal price exposure under policy.
• Ensure FEMA, RBI and export documentation compliance (EDPMS, IDPMS, bill realisation).

5. Reporting

• Weekly MIS to CFO: limits vs utilisation, cost of funds, renewals due, pending submissions, overdues.
• Support audit, rating agency reviews and lender due diligence.

Candidate profile

Must have

• 10 years of banking experience, with hands-on handling of corporate working-capital accounts under consortium / multiple banking.
• Has personally driven renewals, enhancements and full documentation packs end to end.
• Working knowledge of CMA data, DP computation, stock statements and RBI working-capital norms.
• Strong Excel; comfortable with ERP/SAP and bank trade portals.
• Track record of fixing a messy process, not just running it.

Good to have

• Jewellery, gems or bullion industry exposure (Gold Metal Loans, export financing).
• Experience with forex hedging and EDPMS/IDPMS closure.
• Exposure to credit rating reviews or IPO-stage lender due diligence.

Traits

• Organised and deadline-driven; owns the follow-up without reminders.
• Confident with senior bankers; negotiates on pricing and terms.

KPIs

KPI

Target

Limit renewals completed before expiry - 100%

Monthly stock statements / DP submitted on time - 100%, all banks

Bank document queries closed - Within 3 working days

Weighted average cost of funds - Reduction vs prior year

Idle limit / unused sanctioned limits - Reviewed quarterly, surrendered or reallocated

Covenant or sanction-term breaches - Zero

Limits & utilisation tracker - Updated daily, shared weekly with CFO / MD