Treasury Manager

We are looking forward for a suitable candidate for the position of Treasury / Finance Manager role. Location :- Nariman Point - Mumbai. JD:- Treasury and Financial Management: • Proficient in application, vetting, and issuance of financial guarantees, ensuring regulatory compliance and risk mitigation. • Generated global cash flow reports, offering valuable insights for strategic financial decision-making. • Facilitated timely settlement of foreign vendors, optimizing import logistics to prevent demurrage charges. • Managed Bank Delivery Orders, contributing to cost reduction initiatives and import logistics optimization. • Demonstrated expertise in import regulations and compliance, achieving a +8% compliance rate for FY22-23. • Efficiently reconciled Letters of Credit and Bank Guarantees quarterly, ensuring a +5% accuracy rate. • Proactively managed the closure confirmation of bank guarantees and handled scrutiny and lodgment of export documents. • Banking Operations and Communication: • Timely sharing of SWIFT copies, bank advices, and necessary documents with customers and internal teams. • Coordinated with banks for favorable Forex rates, ensuring efficient conversion of funds in INR accounts. • Established Inland/ Foreign Letters of Credit, handled LC amendments, and coordinated with various teams. • Validated and circulated non-fund based utilization reports with a focus on MIS preparation and maintenance. • Debt Management and Operational Efficiency: • Consolidated banking relationships, reducing fees and improving operational efficiency. • Negotiated favorable credit facility terms, securing attractive financing options for business growth. • Collaborated with cross-functional teams for accurate cash flow forecasts, facilitating informed decision-making. • Provided expert guidance to senior management on treasury-related matters, contributing to strategic decision-making • Interested candidate may apply on smbhr.shirin@gmail.com bye, Shirin