Treasury Lead - Mumbai, India - Lockton

Description

Lockton is a global professional services firm with over 10,000 associates who advise clients on protecting their people, property and reputations. Lockton has grown to become one of the world's largest privately held, independent insurances brokers by helping clients achieve their business objectives.

Conducting business in over 140 companies worldwide, Lockton has recently announced it's expansion to the Indian market as part of a longer term strategic plan to continue growing within the Asia region. Part of Lockton's commitment to this growth is the positive impact on economic growth and new opportunities within the local communities.

Job Purpose

Lockton India is currently hiring a Section Lead within the Treasury team. This role is directly responsible for overseeing Lockton India's treasury activities.

Job Tasks

· Maintain strong relationships with bank representatives to negotiate favourable terms and secure optimal financial services.

· Ensure administrative payments, statutory dues and business payouts are aligned with internal policies.

· Assist in the implementation of a new ERP system.

· Assist in preparation of financial statements according to statutory requirements and ensure compliances with all applicable regulations and reporting requirements.

· Assist in statutory and internal audits, ensuring timely completion and addressing identified issues.

· Perform ledger scrutiny, analyse balances and conduct variance analysis with corrective recommendations and actions.

· Maintain schedules for advances, loans, interest, deposits, investments, fixed assets and depreciation.

· Implement and maintain effective internal controls to mitigate financial risks.

· Partner with the operations department to ensure timely revenue recognition, invoice processing and payment reconciliation.

Qualifications & Experience

· Graduate or post-graduate education in a related field.

· 10+ years experience in a treasurer role, preferably within the insurance industry.

· Strong communication skills and established relationships across financial services providers.

At Lockton, we're passionate about helping our people achieve their ultimate potential. Our people are curious, action oriented and always striving to make ourselves and those around us better. We're active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.