A leading packaging and containers manufacturing organisation is looking for Deputy Manager - Finance who will be responsible for Banking transaction, Forex Management, Proven track record of managing cash flow, liquidity, financial risks, banking activities, and forex.
Experience : 8 -1 2 Years in a similar role
Location : Chandigarh
Cash Management:
- Oversee daily cash flow management to ensure adequate
liquidity.
- Develop and implement cash management strategies to optimize
cash flow and liquidity.
- Monitor and manage the companys short-term and long-term
liquidity needs.
Risk Management:
- Identify, evaluate, and mitigate financial risks, including interest
rate, currency, and credit risks.
- Develop and implement hedging strategies to manage financial
exposures.
- Ensure compliance with relevant financial regulations and
internal policies.
Banking Relationships:
- Establish and maintain relationships with banks and financial
institutions.
- Negotiate terms and conditions of financial products and
services.
- Manage banking facilities and ensure productive and cost-effective
banking operations.
- Evaluate and recommend appropriate banking products and
services.
Treasury Operations:
- Oversee the companys treasury operations, including payments,
collections, and investments.
- Ensure accurate and timely execution of treasury transactions.
- Implement and maintain treasury systems and processes to
enhance operational efficiency.
Working Capital Management:
- Optimize the company’s working capital by managing
receivables, payables, and inventory levels.
- Develop strategies to improve cash conversion cycles and reduce
working capital requirements.
Forex Management:
- Manage the company’s foreign exchange exposure and develop
strategies to mitigate risks.
- Monitor currency markets and execute forex transactions as
needed.
- Provide guidance on forex policies and procedures to ensure
compliance and efficiency.
Compliance and Reporting:
- Ensure compliance with internal controls, policies, and
procedures.
- Prepare and present regular treasury reports to senior
management and the board.
- Coordinate with auditors and regulatory bodies as required.