UMEDICA is a vertically integrated company engaged in the manufacturing and export of a wide range of finished formulations i.e., Injectables, Tablets, Capsules, Suspensions, Dry Syrups, etc. UMEDICA's manufacturing facility, located in Vapi (Gujarat), is approved by global regulatory. UMEDICA was founded in 1983 and has business operations in more than 85 countries including the USA, Canada, EU, UK, Australia, Middle East, Central & South American countries, Africa, Asia & CIS countries.

We at UMEDICA strive to achieve more through a culture of innovation & continuous improvement.

This position is based at our Corporate Office at Nariman Point in

Mumbai.

Senior Manager Treasury & Banking Finance

Reporting To

Head Finance

Qualification

- CA / CMA / MBA (Finance)
- 812 years of relevant experience in treasury, banking, trade finance, and foreign exchange management.
- Experience in pharmaceutical or manufacturing organizations preferred.
- Strong understanding of banking regulations, FEMA, RBI guidelines, and trade finance instruments.

Purpose of the Role

To manage the organization's banking relationships, treasury operations, working capital funding, foreign exchange exposure, trade finance activities, and financing requirements of domestic and overseas operations while ensuring regulatory compliance and optimal utilization of credit facilities.

Key Responsibilities

Treasury & Fund Management

- Manage daily treasury operations and liquidity planning.
- Ensure optimum utilization of working capital and long-term credit facilities.
- Monitor cash flow requirements and funding availability across business units.
- Support management in developing funding strategies for business growth.

Banking & Credit Facility Management

- Lead renewal, enhancement, restructuring, and syndication of working capital and term loan facilities.
- Coordinate with banks and financial institutions for sanction, documentation, and compliance requirements.




- Prepare and present financial information required by lenders.
- Maintain robust banking relationships and negotiate competitive financing terms.

External Credit Rating

- Coordinate annual and interim credit rating reviews, surveillance exercises, and rating renewals.
- Prepare and submit financial, operational, business, and strategic information required by rating agencies.
- Act as the key liaison between senior management and rating agencies.
- Analyze rating reports and communicate rating implications to management.
- Monitor rating triggers, covenant compliance, leverage ratios, liquidity metrics, and other parameters impacting ratings.
- Drive initiatives to maintain or improve the company's credit rating profile.
- Support debt raising, refinancing, and banking negotiations by leveraging the company's credit ratings.
- Track industry peer ratings and benchmark the company's credit profile against competitors.
- Ensure timely dissemination of rating actions and compliance with lender and regulatory requirements.

CMA & Financial Submissions

- Prepare and review CMA data, projected financial statements, cash flow forecasts, and other information required by lenders.
- Ensure timely submission of stock statements, QIS reports, financial covenants, and other periodic requirements.
- Monitor compliance with sanctioned terms and banking covenants.

Trade Finance Management

- Manage Letters of Credit (LCs), Bank Guarantees (BGs), Buyers Credit, Suppliers Credit, and other trade finance instruments.




- Optimize trade finance costs and improve utilization efficiency.
- Coordinate with procurement, supply chain, and commercial teams for trade finance requirements.

Foreign Exchange Management

- Monitor foreign currency exposures and develop hedging strategies.
- Manage forex contracts, forward bookings, and risk mitigation initiatives.
- Analyze forex gains/losses and provide periodic exposure reports to management.
- Ensure compliance with RBI and FEMA regulations.

Export Finance & Regulatory Compliance

- Monitor EDPMS and P0103 compliance to ensure timely realization and closure of export transactions.
- Coordinate with banks and internal stakeholders for resolution of outstanding export/import transactions.
- Ensure adherence to RBI, FEMA, and DGFT requirements.

Overseas Subsidiary Funding & Treasury Support

- Manage funding requirements of overseas subsidiaries and group entities.
- Coordinate inter-company funding, capital infusion, loans, and treasury support.
- Support overseas banking arrangements and regulatory compliance.

Documentation & Audit Support

- Manage charge creation, security documentation, loan agreements, and related records.
- Support statutory audits, internal audits, lender audits, and due diligence exercises.
- Ensure proper maintenance of treasury and banking documentation.

Key Deliverables

- Timely renewal and enhancement of banking facilities.
- Effective liquidity and working capital management.
- Optimized forex risk management.
- Timely EDPMS and P0103 closure compliance.
- Strong lender relationships and regulatory compliance.

Competencies

- Treasury and banking expertise.
- Strong understanding of trade finance and forex management.
- Financial modeling and cash flow forecasting.
- Negotiation and relationship management skills.
- Knowledge of FEMA, RBI, and banking regulations.

📌 Senior Manager Treasury & Banking Finance (Mumbai)
🏢 Umedica Labs
📍 Mumbai