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    Assistant Manager - Mumbai, India - Agratas

    Agratas
    Agratas Mumbai, India

    1 day ago

    Default job background
    Description

    About Us:

    Agratas is a wholly subsidiary of Tata Sons. We design, develop and manufacture high-quality, high-performance, sustainable batteries applied to multiple use cases in the mobility and energy sectors, to match our customers' requirements.

    Agratas is a scale-up business with a start-up mentality, driven by our pursuit of green growth and technological progress.

    We develop next-generation battery technologies at our state-of-the-art R&D Innovation Hubs in India and the UK.

    Position Overview:

    Agratas will significant capital infusion (both debt and equity); and will have extensive banking transactions with multiple banks. We are looking for a candidate who Is well versed with banking operations, and handle daily cash flows. Ensure that there are no idle balances lying and the same is invested in accordance with the Board approved Investment Policy. Check and verify the interest calculations on borrowings, and ensure timely payment of interest and principal. Coordinate with various internal stakeholders to ascertain the daily funding requirements and ensure availability of such funding.. Handling all account related documentation with the banks. This role also calls for supporting the Trade finance operations and the entire Treasury function in general

    Responsibilities:

    The candidate will be responsible for:

    Coordinating with various stakeholders for their daily funding requirements.

    Ensure daily adequate funding and ensuring no idle funds remain in the account.

    Handle investment operations- i.e. investing in Mutual Fundsand Fixed deposits in accordance with the Board approved investment policy

    Interact with Banks for resolving various banking related queries,

    Maintaining meticulous records of daily bank balances and funding

    Handling of account related documentation with the banks

    Trouble shooting internet banking

    Support the Trade finance operations in documentation, MIS, etc

    Ensuring with the accounting department that all Treasury related bank entries are accounted in a timely manner

    Verifying the interest calculations on borrowings, and ensuring timely payment of interest and principal

    Qualifications:

    InterCA/MBA

    Experience/ Skills required:

    Experience of 7-10 years of in Treasury support, cash management

    Should be well versed with banking operations especially internet banking

    Should have worked in SAP environment

    Good communications and presentation skills

    Problem solving skills

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