Head – Treasury – Manufacturing Firm

About the Role:

Brand is scaling operations domestically – including new factory – manufacturing setup – while managing an existing debt book of 250+ crores. We are also entering the UAE and KSA markets. We are looking for a Treasury Head who will primarily anchor India treasury, debt, and capex funding, while also setting up the initial GCC treasury framework as we expand.

Key Roles & Responsibilities:

Debt & Capital Structure Management:

– Manage and optimize existing debt of 250+ crores – refinancing, interest cost reduction, covenant compliance, and lender relationships.

– Structure funding (term loans, working capital, NCDs) for new factory – manufacturing capex across sewing and other production lines.

– Maintain optimal debt – equity mix and monitor leverage ratios, ensuring compliance with lender covenants.

Cash & Working Capital Management:

– Own daily cash flow, liquidity planning, and working capital cycle (inventory, receivables, payables) across manufacturing units.

– Build cash flow forecasting models factoring in capex outflows for new facilities.

Banking Relationships (India – focused):

– Manage relationships with Indian banks – NBFCs for term loans, working capital limits, LCs, and trade finance.

– Negotiate interest rates, processing fees, and collateral terms; manage consortium – multiple banking arrangements.

Capex & Project Financing:

– Lead treasury – side planning for new factory setups – funding mix, disbursement schedules, subsidy – PLI scheme linkages (state industrial policies, textile schemes).

– Coordinate with projects – manufacturing teams on capex phasing versus fund availability.

Compliance & Risk (India):

– Ensure RBI, FEMA, and other regulatory compliance on borrowings (ECB if applicable), and reporting.

– Manage interest rate risk and counterparty risk; implement treasury SOPs and internal controls.

GCC Treasury – Foundational Setup (UAE/KSA):

– Set up initial banking relationships and account structures for UAE/KSA entities.

– Establish a baseline fund – flow – repatriation framework between India HQ and GCC subsidiaries, in coordination with tax – legal.

– Ensure baseline compliance with UAE Central Bank/SAMA forex and banking norms for cross – border transfers.

Reporting & Stakeholder Management:

– Provide CFO/leadership with treasury MIS, debt schedules, cash flow forecasts, and capex funding trackers.

– Liaise with lenders, auditors, and rating agencies.

Requirements:

– 10 – 15 years in Treasury, with strong hands – on experience in debt management and project/capex financing in a manufacturing setup.

– Experience managing a debt book of 200+ crores; exposure to term loan/NCD structuring preferred.

– CA / MBA (Finance) / CTP or equivalent.