Executive Finance & Treasury Operations

Location: Andheri West, Mumbai

Department: Finance / Accounts

Experience: 58 Years

Qualification: B.Com / M.Com / MBA Finance or equivalent

CTC: 7–10 LPA

Industry: Textile Industry

Employment Type: Full-Time

About the Opportunity

We are hiring an experienced Executive – Finance & Treasury Operations for one of our reputed clients in the Textile Industry.

The ideal candidate will have hands-on experience in Treasury Operations, Banking Coordination, Bank Guarantees (BG), Letters of Credit (LC), Earnest Money Deposits (EMD), Bank Reconciliation and MIS Reporting.

This role requires strong coordination with banks, internal business teams and other stakeholders to ensure smooth and timely execution of treasury and financial operations.

Key Responsibilities

1. Treasury Operations & Banking Coordination

- Manage day-to-day treasury operations and banking activities.
- Coordinate with banks and internal stakeholders for transaction processing.
- Handle documentation for Advance Bank Guarantees (ABG), Performance Bank Guarantees (PBG), Letters of Credit (LC) and other banking instruments.
- Coordinate for timely issuance, renewal, amendment, closure and tracking of financial instruments.
- Ensure adherence to internal processes and applicable banking guidelines.

2. Bank Guarantee & Letter of Credit Management

- Process and monitor BGs and LCs related to business transactions.
- Review applications and supporting documents for accuracy and completeness.
- Maintain records of issued, renewed, expired and closed BGs/LCs.
- Coordinate with banks and concerned departments to resolve discrepancies and pending matters.

3. EMD & Payment Management

- Manage Earnest Money Deposit (EMD) issuance, closure,



refund and reconciliation.
- Track outstanding/pending EMDs and coordinate with business teams for timely settlement.
- Maintain accurate EMD records and MIS.
- Follow up on pending refunds and closures with relevant stakeholders.

4. Bank Reconciliation & Accounting

- Prepare monthly Bank Reconciliation Statements (BRS).
- Identify, investigate and resolve outstanding/open reconciliation items.
- Coordinate with banks and internal teams for transaction clearance.
- Support ledger scrutiny, transaction verification and other accounting activities.

5. MIS & Management Reporting

- Prepare periodic MIS related to:

- BG status and exposure

- LC tracking

- EMD status

- Bank reconciliation

- Treasury activities
- Maintain accurate databases, records and financial documentation.
- Provide regular updates and analysis to management.

Required Skills & Competencies

- Strong knowledge of Treasury Operations and Banking Processes.
- Hands-on experience in BG, LC, EMD and Bank Reconciliation.
- Good understanding of accounting principles and financial documentation.
- Strong MS Excel and MIS Reporting skills.
- Working knowledge of SAP / Tally or other ERP systems.
- Strong banking and stakeholder coordination skills.
- Good written and verbal communication.
- Strong attention to detail and documentation discipline.
- Ability to manage multiple activities and meet deadlines.

Candidate Profile We are looking for someone who is:

Experienced in Finance/Treasury Operations

Comfortable coordinating with banks and internal stakeholders

Solid in financial documentation and reconciliation

Detail-oriented and process-driven

Capable of independently tracking multiple financial instruments and deadlines

📌 Finance & Treasury Operations (Mumbai)
🏢 Satish Sitaram Gomane
📍 Mumbai