Treasury Assistant - Mumbai, Maharashtra, India - Bluedart Express Ltd

Bluedart Express Ltd

Verified Company

Mumbai, Maharashtra, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Assistant Manager Treasury (Mumbai)
Management Graduate / CA / ICWAI, 2+ yrs exp post qual

Investment management, liquidity & cash management, management of FX& Interest Rate exposure, treasury operations, effective insurance management and treasury policy compliance_

Why should you look at this role?
Salary : 7-9 lakh per annum

Health Insurance

Annual Leave

Provident Fund

What else?
One of '_India's Best Companies to Work For'_ by The Great Place to Work Institute, India

Ranked '_Best Multinational Workplaces in Asia'_ by The Great Place to Work Institute, Asia

'_Top 25 Best Employers in India 2016_' by AON Hewitt

Fortune 500's '_India's Largest Corporations'_

Forbes '_India's Super 50 Companies_'

Company size:5000-10,000 employees

What You will do Everyday?

Support the Head Treasury in the establishment of policies for treasury operations and fund management for the organization
Interface and establish and maintain relationships with key decision makers in banks/ financial institutions/ Mutual Fund Houses
Responsible for effective investment management in line with the prescribed treasury policy to obtain the budgeted return from investment
Identify optimum resource raising options in line with the established treasury policy
Responsible for managing short term and long term fund management activities as per policy and requirement which would include
Active coordination with banks as and when required to ensure intime fund availability at optimal costs
Preparation of various proposals and information memoranda for the purpose of resource raising; response to queries from potential lending agencies, in a timely manner
Management of fund disbursal by the lender; ensure compliance to post disbursement compliance conditions
Responsible for ensuring higher level of cash visibility across regions (for e.g. reconciliation of funds provided to region visàvis expenses)
Bank Guarantee Management ie. Issuance, cancellation ,extensions, reporting and charges accounting
Month end / quarter end and year end closing treasury related accounting and reporting
Automation of Treasury activities to smoothen the process
Responsible for effectively deployment of surplus funds post analysis of various investment opportunities for better return on investments
Interface and liaison with the banks on a regular basis to ensure adherence to timelines set for treasury operations (i.e. in terms of timelines for ensuring queries related to the Banks are cleared for bank reconciliation, etc.)
Manage and ensure investment (including management of FX, and Interest Rate Exposure for the business in line with prescribed treasury policy Responsible for timely preparation of reports on fund management and submission of the same to the Head Treasury
Ensure adherence to all statutory compliances in the conduct of all treasury operations
Responsible for the management of insurance policies; Ensure timely payment of premium against all insurance policies

Key Result Areas and Key Performance Indicators

S. No

Key Result Areas

Key Performance Indicators

Ensure effective trading and investment management

- % return on treasury investments

Deviation from the budgeted returns on investments from treasury operations

2.Ensure adequate liquidity and effective cash management

Development of mechanisms for ensuring higher level of cash visibility across regions (for e.g. reconciliation of funds provided to region visàvis expenses) as per set timelines
Idle cash balances available for deployment by Treasury present in noninterest bearing accounts

3.Effective management of FX, Commodity and Interest Rate Exposure

Management of investments as per guidelines defined in the treasury policy (in terms of investment vehicles and % investment in these vehicles)

4.Efficient Treasury Operations

Adherence to timelines set for treasury operations (i.e. in terms of timelines for ensuring queries related to the Banks are cleared for bank reconciliation, etc.)

5.Ensure effective risk management and policy compliance

Adherence to treasury policy / Number of cases of noncompliance to treasury policy

6.Ensure adherence to all statutory compliances

Number of instances of noncompliances observed in statutory and internal audit
Ensure effective insurance management
Adherence to timelines for purchase/ renewal of insurance policies and claim handling
Effective accounting of Remittances
Accounting of Remittances received in HO Central pool a/c and keep the management apprised of collection v/s target collection for specific period.

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