Treasury Manager

Job Description Treasury

Location : Mumbai

Key Responsibilities

1. Consortium Banking Management

• Manage consortium banking arrangements and relationships with member banks.
• Coordinate annual renewal of working capital and other credit facilities.
• Prepare and submit CMA data, financial statements, projections and other documents required for renewals.
• Organise quarterly consortium meetings, prepare agenda, presentations and minutes, and ensure closure of action points.
• Coordinate with the lead bank and consortium members on facility terms, drawing power and fund-based/non-fund-based limits.

2. Banking Relationships and Funding

• Manage relationships with existing bankers and financial institutions.
• Evaluate and arrange new funding proposals for working capital, term loans, capex and other business requirements.
• Negotiate interest rates, processing fees, security requirements and other financing terms.
• Coordinate credit appraisal, due diligence, sanction letters, documentation and disbursements.
• Explore alternative sources of funding and optimise the overall cost of borrowing.

3. Forex and Hedging

• Monitor foreign currency exposures arising from imports, exports, foreign currency loans and overseas subsidiaries.
• Execute and monitor forex hedging transactions in accordance with the approved treasury policy.
• Coordinate with banks on forward contracts, options and other permitted hedging instruments.
• Monitor hedge positions, mark-to-market movements, maturities and cancellations.
• Ensure timely settlement of forex transactions and compliance with applicable RBI/FEMA requirements.

4. Investment of Surplus Funds

• Manage investment of surplus and liquid funds to optimise returns while maintaining liquidity and capital safety.
• Evaluate investment options such as bank deposits, liquid funds and other approved instruments.
• Monitor investment maturities, renewals, returns and counterparty exposure.
• Maintain daily liquidity positions and cash flow forecasts to ensure availability of funds.

5. RBI and Regulatory Compliance

• Ensure compliance with applicable RBI guidelines, FEMA provisions and other relevant regulatory requirements.
• Coordinate with authorised dealer banks for foreign exchange transactions, remittances and related documentation.
• Monitor regulatory reporting requirements and ensure timely submission of applicable declarations and documents.
• Maintain proper records of forex transactions, external borrowings and other regulated treasury activities, as applicable.

6. Loan Covenant and Facility Compliance

• Monitor compliance with financial and non-financial covenants under loan and financing agreements.
• Track financial ratios, repayment schedules, interest payments and other obligations under sanction terms.
• Ensure timely submission of stock statements, book debt statements, financial results, utilisation certificates and other lender reports.
• Monitor security creation, charge registration, insurance requirements and other conditions stipulated by lenders.
• Coordinate waiver requests, covenant modifications and lender approvals wherever required.

7. Treasury Operations and Reporting

• Monitor daily cash balances, fund utilisation, banking limits and liquidity requirements.
• Prepare treasury reports covering borrowings, interest costs, investments, forex exposure and cash flow forecasts.
• Identify opportunities to reduce financing costs and improve working capital efficiency.
• Ensure timely processing of interest payments, loan instalments, bank charges and other treasury obligations.
• Maintain treasury documentation, MIS and internal controls.

8. Internal and External Coordination

• Coordinate with Finance, Accounts, Tax, Legal and business teams on treasury matters.
• Liaise with statutory auditors, internal auditors, banks and other financial institutions.
• Support management in funding decisions, liquidity planning, risk management and treasury policy implementation.