Treasury Manager

Job Description : TREASURY MANAGER UAE Treasury management including working capital management, credit ratings, Compliance and Governance Audit management Designing and implementing Policies and SOPs Budgeting and management reporting Automation and IT enablement Leadership and team management Handling treasury operation of the organization through Multiple Banking Arrangement having adequate mix of Public as well as Private sector banks ensuring cash flow is appropriate for smooth business operations, Continued reduction in rate of borrowing through better fund planning and hard negotiation with banks. Responsible for Investments On short & long term products, To work on forward deal / Spot deal, Monitoring borrowing Movement, to establish & maintain relationship with banks, To look for opportunities for short term & long term investments, To ensure efficient utilisation of funds at all IBD subsidiaries, Forex management, To review and reconcile all foreign exchange contracts, positions- including settlement instructions to the banks and internal teams, To review the status of transactions, accounting and reconciliations for all forex exposure at a group level, Review of Treasury, To monitor bank accounts and credit facilities (including pricing and other terms) with multiple banks, review all new facilities across all locations, execute direct action on unresolved and un-accounted items and reconciliations with a view to streamline the process and resolve items in an orderly and process bound manner. Annual budgeting, periodic forecasting & outlook, variance analysis for the management in order to facilitate better decision making. Performing the key role of validating business plans for maximizing profitability & revenue generation in line with business goals. To work out alternate ways of hedging FX exposure for countires where forwards & Futures are not available, To track currencies and taking preventive steps for any expected currency depreciation, To ensure the FX hedging is done as per FOREX policy and to evaluate hedge effectiveness, To arrange banking relationship for all subsidiaries, To negotiate bank charges and the opening of new bank, accounts to fulfil banking needs, To get bank working capital limits and capex loans, To analyse the Investments in lines with FX instruments to tap any forex arbitrage opportunities, To explore Letter of Credit discounting opportunities which provide benefit of interest arbitrage. To review MIS and reports prepared by Finance managers across subsidiaries and redesigning those MIS to address additional future requirement if any, To manage related party receivables and exposure across all group entities, Ensuring good governance by compliances to companys policies and setting up robust internal financial controls by building system and processes across the business units to cope up with changes for steering profitable growth. Desired Candidate Profile Must have Minimum 10- 15 Years of Industry Experience out of which 6-7 years should be in Corporate Treasury from any FMCG/ Pharma/ Consumer Durable/ any other Company

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