Senior Manager - Treasury

About the job

Exp.: 7 years to 15 years We are seeking an experienced Senior Manager – Treasury to lead and manage comprehensive treasury operations, including bank guarantees, hedging, investments, documentation, accounting, and banking relationships. The role will also involve managing a team of 3–4 treasury professionals, ensuring high standards of accuracy, control, and compliance across all activities. Key Responsibilities 1. Team Leadership • Lead, mentor, and manage a team of 3–4 treasury executives. • Allocate work, provide guidance, review output, and ensure timely completion of activities. • Build capability within the team through training and performance management. • Foster a culture of accuracy, compliance, and continuous improvement. 2. Bank Guarantees (BGs) • Oversee end-to-end processes for issuance, amendment, renewal, and cancellation of bank guarantees. • Monitor BG limits, validity, expiries, margins, and related documentation. • Coordinate with banks and internal departments to ensure seamless operations. • Maintain strong control and accurate MIS of BGs. 3. Currency & Commodity Hedging • Execute and monitor hedging strategies for currency and commodity exposures. • Track exposures, hedge effectiveness, and prepare required documentation as per internal and regulatory norms. • Analyse market movements and provide hedging recommendations to management. • Liaise with banks, brokers, and trading partners. 4. Investments: Fixed Deposits & Mutual Funds • Manage investment operations for Fixed Deposits and Mutual Funds. • Oversee placement, renewal, redemption, and tracking of returns. • Ensure investment documentation, compliance, and timely reporting. • Maintain updated investment registers and reports. 5. Documentation, Compliance & Controls • Ensure strong internal controls and compliance across all treasury activities. • Manage documentation for BGs, hedges, investments, loan facilities, and banking arrangements. • Support statutory, internal, and bank audits with accurate data and timely responses. • Ensure adherence to RBI guidelines and company policies. 6. Treasury Accounting • Supervise accounting and reconciliation of treasury transactions. • Track bank charges, interest income, hedge MTM, and investment valuations. • Review and approve accounting entries in ERP systems. 7. Bank Relationship Management • Act as the primary contact for all banks and financial institutions. • Negotiate rates, terms, limits, and fees for various treasury instruments. • Manage credit limit renewals and documentation. • Build and maintain strong banking relationships to support business needs. 8. Reporting & MIS • Prepare and review MIS reports on cash flows, exposures, hedges, investments, and liquidity positions. • Analyse trends, risks, and financial impacts to support decision-making. • Present treasury insights and strategies to senior management. Required Qualifications & Experience • CA / MBA (Finance) / CFA or equivalent finance qualification preferred. • 7–15+ years of experience in treasury operations, with at least 3–5 years in a senior supervisory role. • Strong expertise in banking products, hedging instruments, investments, and credit facilities. • Proficiency in ERP systems (SAP, Oracle, Tally, etc.). • Excellent communication, negotiation, and leadership skills. • High integrity, strong control orientation, and attention to detail. Preferred Attributes • Strong leadership and mentoring abilities. • Strategic and analytical mindset. • Ability to handle end-to-end treasury operations independently. • Proactive approach with strong follow-through and multi-tasking ability.

Requirements

• Treasury Operations
• Bank Guarantees
• Compliance
• Investments

Qualifications

• CA
• MBA (Finance)
• CFA

Preferred Technologies

• Treasury Operations
• Bank Guarantees
• Compliance
• Investments

Benefits

• Team Leadership
• Career Development