Treasury & Working Capital Head

Role & responsibilities

Treasury & Liquidity Management

• Prepare daily, weekly, monthly, and rolling cash flow forecasts.
• Monitor cash balances across bank accounts and group entities.
• Plan funding requirements for operations, capital expenditure, debt servicing, and statutory payments.
• Optimize fund utilization and minimize borrowing costs.

Working Capital Management

• Drive improvement in overall working capital performance.
• Monitor receivables, payables, advances, inventory funding, and other current assets/liabilities.
• Track key metrics such as DSO, DPO, Cash Conversion Cycle (CCC), and Net Working Capital.
• Identify blocked working capital, including unbilled receivables, long-outstanding advances, pending refunds, and slow-moving balances.
• Prepare monthly Working Capital Bridge reports and drive improvement initiatives.

Payments & Banking Operations

• Prepare payment schedules based on liquidity and business priorities.
• Ensure timely vendor payments, payroll, statutory dues, taxes, and debt servicing.
• Manage fund transfers, bank mandates, payment approvals, and account administration.

Borrowings & Lender Management

• Manage working capital facilities and term loan documentation.
• Track loan utilization, repayments, renewals, and interest servicing.
• Coordinate with banks for renewals, enhancements, and new facilities.
• Monitor financial covenants and ensure timely lender reporting and compliance.

Banking Relationship Management

• Develop and maintain strong relationships with banks and financial institutions.
• Support negotiations on interest rates, banking charges, and treasury products.
• Evaluate new banking and digital treasury solutions.

MIS & Business Support

• Prepare management dashboards covering cash position, cash flow forecasts, borrowing utilization, collections, working capital metrics, and covenant compliance.
• Support statutory/internal audits, lender audits, and due diligence activities.

Process Improvement

• Standardize treasury and working capital processes and develop SOPs.
• Identify opportunities for ERP integration, automation, and digitalization.
• Strengthen treasury controls and financial governance.

Preferred candidate profile

• Chartered Accountant (CA) preferred.
• Full-time MBA (Finance) preferred.
• Inter CA may be considered based on relevant experience.
• CFA or Treasury certification will be an added advantage.

Experience:

• 812+ years of experience in Treasury, Corporate Finance, or Working Capital Management.
• Experience with large Indian corporates or high-growth businesses.
• Exposure to multiple banking relationships and consortium banking.
• Experience in logistics, manufacturing, infrastructure, mobility, or other asset-intensive industries will be an advantage.