Assistant Treasury Manager

Position Title: Assistant Manager, Banking & Debt Finance, ACG Group

Department: Corporate Finance

Business Unit: ACG Corporate

Designation: Assistant Manager / Senior Executive

Reports to: Deputy General Manager, Treasury - Banking, ACG Group

Location: Jogeshwari West, Mumbai

Job Objective

• Understand the debt requirement of the group and execute optimum financing solution
• Undertake all the necessary activities for meeting the funding requirement of the group companies including foreign subsidiary
• Act as a link between Forex front office and group companies for follow up on exposure and support in day to day FX operations.

Primary responsibilities

Debt Finance:

• Monitoring of cash flow and financial covenants of all group companies on periodic basis.
• Monitor compliance with financing conditions and obligations as per loan documents
• Coordinate the drawdown/repayment formalities for debt facilities.
• Timely completion of all activities related to security/mortgage creation and perfection against the loans.
• Reviewing the documentation.
• Periodic activities related valuation, TSR
• Completion of relevant ROC filings
• Monitoring of cash flow and financial covenants of all group companies on periodic basis.
• Support to businesses in ODI transactions
• Assist in preparation of ODI documents
• Resolve queries from banks
• Support in completing the periodic filings related to ODI
• Support in all Banking activities as per business requirements
• Remain updated on the RBI notifications/circular.
• Ascertain implications on business operations.
• Support to Business for closure of EDPMS/IDPMS
• Trade finance transactional support as per business requirements
• Monitoring and analysing the bank balances across foreign subs
• Bank charges monitoring across all group companies, ensure uniformity

Forex:

• Preparing Daily Deal Blotter
• Ensuring all disposal emails received are attended
• Sending All Import Payments Disposals to Bank
• Daily Updating Forward File and ensure it tallies with Back office
• Resolving Bank queries by coordinating with SSC Team
• Collate data for hedging FX risk of foreign subsidiary
• In case inward is not credited and rates are in PAST DUE resolving the same by speaking to bank / SSC Team
• MTM to entities
• Monthly MIS.

Key Interfaces

Internal Interfaces:

• Sr Manager Treasury
• Group Treasury Head
• Finance Team across Group

External Interfaces:

• Banks & Financial Institutions
• Rating Agencies
• Auditors
• Consultants

Educational and Experience Requirements

• CA / CFA / CMA / ICWA Full time MBA in Finance with minimum 3-6 years of relevant experience
• Working experience of SAP
• Proficient in MS Office (Excel, PowerPoint, Word, etc.)
• Communication skills Should be able to convey effectively.
• Strong interpersonal skills ability to interact with a view to getting the job done across both external and internal stakeholders.
• Listening skills the role involves a lot of coordination across external & internal stakeholders & therefore listening to different viewpoints including its interpretation without which concluding or getting results will be difficult.
• Should possess understanding and experience in Debt Finance Management, Forex & FX Operations (desired but not mandate), Loan Documentation & Compliance, etc.
• Should have worked into managing family offices for large corporate houses.