Role Objective:
The CA will oversee core banking, treasury, foreign exchange operations, insurance, and audit compliance. This role ensures effective fund utilization, strict regulatory and process adherence, and smooth financial operations using SAP S/4HANA and advanced data analytics.
KEY RESPONSIBILITIES
Banking Operations
Assist in establishing working capital limits with lenders.
Maintain track of sanctioned versus utilized working capital limits.
Liaise with banking partners and mutual fund institutions for daily operations.
Ensure operational efficiency and board-approved limit compliance across all bank accounts.
Review bank reconciliation statements and guide team members on Bank Guarantees (BG) and Letters of Credit (LC) issuance.
Treasury & Cash Management
Prepare daily fund position reports and share them with the treasury team.
Review bank positions to identify idle funds or deficiencies and assist in mutual fund scheme selections for optimal fund deployment.
Assist in preparing monthly cash flow statements for management submission.
Forex & Derivative Management
Maintain multi-currency forex reports to determine net exposure for hedging strategies.
Manage forward contracts, maintain the forex derivatives register, compute monthly FX gain/loss, and ensure hedge accounting compliance.
Review documentation for overseas payments and negotiate rate bookings for foreign currency transactions with bank treasury teams.
Audit, Regulatory & Other Finance Areas
Collate documentation and assist in statutory audits, internal audits, credit rating exercises, and annual assessments with lenders.
Ensure adherence to monthly and annual banking/RBI compliance norms, stock statements, and Annual Performance Reports (APR).
Address auditor queries and implement post-audit recommendations.
Insurance Management
Assist in driving the annual insurance renewal process.
Liaise with insurance brokers and carriers for claims tracking and policy administration.