Deputy General Manager – Treasury

Key Responsibilities:

1. Cash & Liquidity Management:

– Manage and monitor the daily cash position across the Organisation.

– Develop and maintain short-term and long-term cash flow forecasts aligned with Organisation needs.

– Ensure adequate liquidity to meet operational and capital expenditure requirements.

– Optimize cash utilization and fund deployment across business units.

2. Working Capital & Trade Finance Management:

– Manage end-to-end working capital financing, including fund-based limits (Cash Credit, Working Capital Demand Loans) and non-fund based limits (Letter of Credit, Bank Guarantees, Buyers Credit).

– Oversee trade finance operations, including import/export documentation and supplier/vendor financing arrangements.

– Drive initiatives to improve cash conversion cycle (CCC) and optimize inventory, receivables, and payables.

– Liaise with credit rating agencies to maintain/improve company ratings.

3. Banking & Financial Institution Management:

– Develop and maintain strong relationships with banks, NBFCs, and financial institutions.

– Lead negotiations for credit facilities, interest rates, and banking charges.

– Optimize banking structure, including account rationalization and multi-bank arrangements including cash pooling.

– Ensure smooth documentation, facility utilization besides maintaining strong external stakeholder management.

4. Investment & Surplus Fund Management:

– Formulate and execute strategies for investment of surplus funds.

– Evaluate financial instruments considering risk, return, liquidity, and regulatory constraints.

– Monitor portfolio performance and ensure adherence to treasury investment policies.

– Maintain a balance between capital preservation and yield optimization.

5. Financial Risk Management:

– Identify, assess, and mitigate key financial risks including foreign exchange (FX) risk, interest rate risk, and counterparty risk.

– Design and implement hedging strategies using appropriate instruments.

– Establish robust treasury controls and risk frameworks.

– Monitor global/macroeconomic trends impacting financial exposure.

6. Financial Planning, Strategy & Corporate Finance Support:

– Support the CFO in capital structure planning, fundraising strategies, and project financing structures.

– Provide insights on capital allocation, cost of capital, and treasury efficiency.

– Participate in M&A, joint ventures, and restructuring initiatives, and support financial modelling for power projects.

7. Compliance, Governance & Reporting:

– Ensure compliance with regulatory requirements (RBI, FEMA, Companies Act, etc.) and internal treasury policies and audit frameworks.

– Manage treasury audits (internal and external).

– Track and report covenant compliance for all borrowings.

– Ensure accurate and timely MIS reporting to the CFO and leadership team.

8. Systems, Process Excellence & Automation:

– Drive implementation of Treasury Management Systems (TMS).

– Actively work towards enhancement of automation in cash forecasting, reporting, and banking interfaces.

– Improve process efficiencies and internal controls within treasury operations.

– Collaborate with IT and finance teams for digital transformation initiatives.

9. Leadership & Team Management:

– Lead and mentor a high-performing treasury and trade finance team.

– Define performance goals and ensure continuous skill development.

– Foster cross-functional collaboration with projects, procurement, finance, and commercial teams.