Manager Treasury

Job description

Job Description

Cash Flow Management, Forex Management, and Availing Borrowing & Credit Facility with banks and inter group companies, Maintaining Strong relationship with Banks. Monitor and do the work related to Treasury, FOREX and Insurance in order to achieve reduced interest cost, manage FOREX/Credit/Insurance risk and do internal and statutory compliances for Sandoz Company Secretary- Ensure the adherence to the Companies Act, 2013 and ROC compliances, Maintenance of all Statutory Registers of the company for Sandoz

Service Delivery: (for Sandoz) • Fund Management: Arrange funds on daily basis from banks IN ORDER TO maintain level of required working capital/borrowings for Sandoz unit • Banking Limits: Arrangement of Limits renewal or new Bank limits as per the requirements. Review of Bank conditions and Signatories and changes as required. Maintain relationship with Bankers and set up the fund based limits with them IN ORDER TO arrange funds for working Capital requirement. • FOREX Exposure Management: Analyze and monitor FOREX exposure, negotiating exchange rate with bank IN ORDER TO avoid exchange loss due to exchange rate movement. • Insurance: Review and take Insurance cover for stock/marine/Mediclaim etc., maintaining good relationship and timely submission of reports to insurance company and settling Insurance claim IN ORDER TO avoid financial loss to the company. • Import Documentation and Misc. Forex Remittance: Review Import documentation, send import documents to bank on time IN ORDER TO make payment on due date to the suppliers. • Export Documentation: Review Export documentation, ensure timely submission to bank, coordinating with commercial department/bank for rectification of discrepancies IN ORDER TO meet Reserve Bank of India guidelines for export documentation and arranging the BRC in time for all the inward remittances received. • Bank Reconciliation: Monitor bank reconciliation on monthly/weekly basis IN ORDER TO avoid unaccounted open items. • Working Capital Management: Ensure Working capital is well within Group limits. • Company Secretary- Ensure that Board procedures are followed and regularly reviewed. Maintenance of all Statutory Registers of the company and filing relevant forms with the ROC. Conducting and preparation of Agenda for Board Meetings, CSR Meetings, General Meetings and Annual General Meetings of the company and maintaining Minutes. Compliance • INCONTROL : Compliance & fix the gap in accordance with NFCM guidelines IN ORDER TO achieve INCONTROL objective.

• Fund Management: Timely availability of Funds with optimal interest cost. • FOREX Exposure Management : Exchange gain/loss on Forex Exposure • Insurance: Adequate Coverage, No loss in case of Incident. • Import Documentation : Payments on due dates • Bank Reconciliation: No open items for more than 1 Months for all bank reconciliation. • Export Documentation : Timeliness of export documentation • Company Secretary: Compliances as per Companies Act. • Internal Control : Compliance with INCONTROL guidelines
Position Title

Manager Treasury

Desired profile

Minimum requirements

MBA – FINANCE /CA English, Hindi 4 -6 year experience in Banking / Corporate Treasury
Job Type

Full Time
Country

India
Work Location

Navi Mumbai
Functional Area

Audit & Finance
Division

SANDOZ
Business Unit

Technical Ops SZ
Employment Type

Regular
Company/Legal Entity

Sdz Pvt Ind