Assistant Manager-Treasury - Bengaluru, India - Flipkart

    Flipkart
    Flipkart Bengaluru, India

    2 weeks ago

    Flipkart background
    Description

    Assistant Manager - Treasury

    About the team

    The Global Treasury Team at Flipkart manages all geographies and strengthens Flipkart's ecosystem with primary responsibilities as:

  • Seamless fund management with focused deployment strategies & sharp market insight.
  • Creating and managing credit lines for business continuity & expansion
  • Build supply chain financing solution for suppliers of Flipkart group bringing value to Flipkart's overall ecosystem.
  • Partnering with business to add value in new & innovative banking structures & modeling, negotiations, compliance and reporting
  • Build world class cash management system with reliable & strong banks providing innovative cash collection solutions to meet business needs
  • Nurture relationships with internal & external stakeholders such that, business goals & objectives are timely met

    • About the role

    AM Treasury will be responsible for managing overall Treasury's accounting, audit including operations and strategizing. The person must be a domain expert with strong control over key concepts of Treasury & Accounting. Role needs a highly energetic, truly committed and established track record professional.

    Below is point wise detailed scope of work:

  • Work closely with the team to implement Corporate Treasury strategy and ensure full compliance with Corporate Treasury Policy. Support Flipkart Group's projects related to Treasury operations.
  • Review and Identify the financial risks pertaining to treasury for cash management. Design appropriate risk mitigation strategies. Review risk management policies to confirm alignment with Corporate Treasury Policy, with the aim to protect adverse impact on company's results and to support business in achieving their targets.
  • Identify Cash Management solutions, assist the team with appropriate MIS to support decision making on structuring CMS partner banks.
  • Managing relationships with banks and other financial institutions, intermediaries etc.
  • Driving cost efficiency associated with CMS solution
  • Liaoning and working with hub teams on communication around changes brought in by CMS structures
  • Control bank account management and participate in automation of Treasury processes especially around cash pooling.
  • Relevant stakeholder management is key to success

    • What you'll do:

  • Handle few subjects detailed above with team and at the same time acting as individual contributor for other subjects
  • Education qualification: CA/ MBA with 2 to 4yrs of exp in Cash management systems (CMS) & treasury ops