• Assistant Manager - Treasury Jobs in Mumbai,India - 25673741

  • CEAT Ltd
  • Save Job
  • 3 - 5 Years
  • Posted : above 1 month

Job Description:

Key Purpose of the Job (Position Summary)

This position is responsible for execution of the Cash Management practices with a clear focus on maintaining healthy cash position for the organization The position is responsible to assist in optimization of cash available with the company and shall also be extensively involved in assisting and ensuring the smooth functioning of credit rating and project financing activities


Adherence to schedule of Cash flow Forecasting Analysis
Daily Fund Management Accuracy and Timelines
Adherence to internal compliance
Adherence to Audit and Bank Reconciliation schedule

Functions And Responsibilities

Cash flow and Banking Operations

Assist in forecasting and planning future cash flows and making arrangements for sufficient reserves along with the TL Cash Flow and Banking
Ensure orderly and timely management of matters pertaining to individual banks and consortiums
Work on collecting information to ensure successful negotiations and discussions with individual banks and consortiums on details of interest and charges levied by them on funds provided
Ensure effective management of daily cash flow in the company and reporting the same to the TL Cash Flow and Banking
Ensure execution of methodical processes for collections and for other cash management processes
Ensure accuracy in maintenance of accounts and their utilisation that adequate account balances shall be maintained at all times
Seek authorisation and recheck on the issuance and printing of cheques and execute the same in an orderly manner
Create daily, monthly and rolling cash flow statements which help in review of the working capital position of the company
Continually follow-up and coordinate with banks for all matters pertaining to transaction and duty payments

Other Operations

Ensure adherence to systematic set processes for effective debt management with respect to debt servicing
Ensuring the compliance of bill discounting processes and keeping a thorough record of the same
Assisting in systematic management of financial instruments and ensuring the completion of their documentation and records
Ensure co-operation with the credit rating team and provide them with projected financial statements for adroit ratings
Prepare for interaction with several rating agencies and business head to ensure smooth flow of the credit rating process
Support in the preparation for financial discussions and negotiations for new projects keeping in mind their financial viability
Ensure timely servicing of public deposit payments and reconciliation of all public deposit accounts
Support in audit related activities and ensure adherence to audit timelines with respect to Public deposit management

Documentation and Reporting

Meticulous preparation of monthly banking reports
Ensure upkeep and track of interest payments, principal repayments, etc pertaining to loans
Ensuring regular, meticulous and thorough updation of MIS for all cash management and banking activities
Executing standardized documentation of all loans sanctioned for projects
Ensure systematic documentation of all payments with respect to duty
Prepare project reports that outline all financial matters relating to projects

Education and Experience Required


Post Graduate (Finance) / MBA / CA


3 - 5 years

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Automobiles/Auto Component/Auto Ancillary, Manufacturing/Industrial
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 15th Jul 2020

Key Skills:

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