(a) To manage and ensure optimal deployment of daily cash flows (collections and payments through banks) across Cement & A&C; Divisions
(b) To handle, issue and monitor all non-fund based exposure of the company (Letters of Credit and Bank Guarantees)
(c ) To assist N+1 for maintenance and periodic renewals of existing working capital lines with multiple banks
(d) To assist N+1/ CFO, to implement optimum insurance solutions and claim management for all assessed insurable risks of the company
(e) To ensure and implement timely and accurate compliance with all regulatory and statutory laws/guidelines related to the Treasury function
(f) To review and suggest improvements in internal control system relevant to treasury
Job Description:
The area of expected results are:
a) Become overall owner of cash management system of the company for seamless flow of cash
b)
Optimal deployment of surplus funds in accordance with the Treasury policy with a balance between risk and return of the investments made; and minimization of daily float in the banking system
c) Maintaining and ensuring valuable relationships with bankers / lenders on an ongoing basis to ensure seamless banking operations for the company
d) Managing Short Term / Working Capital funding requirement of the company and tight control on finance cost.
Implementing comprehensive insurance coverage for all assessed insurable risks of the company at the lowest possible cost and timely processing of claims.
A. Cash Management : Be the nodal point for CMS for seamless flow of cash through the system
I. To coordinate between Sales Team / Accounts Team and Banks for query resolution, trouble-
shooting and expeditious for resolving the same
II. To monitor entire CMS operation of the company for seamless flow of collection and payments of
the company
III. To manage daily fund position closely to ensure efficient utilizatio