Role Overview

We are seeking a detail-oriented and proactive Assistant Manager – Treasury to support treasury operations, including cash management, liquidity planning, foreign exchange management, trade finance, banking operations, treasury compliance, and working capital optimization. Reporting to the Treasury Manager, the incumbent will be responsible for managing day-to-day treasury activities, maintaining banking relationships, ensuring regulatory compliance, supporting funding requirements, and driving treasury process efficiencies.

Key Responsibilities

1. Cash Flow & Liquidity Management

- Prepare and monitor daily, weekly, and monthly cash flow forecasts.
- Ensure availability of adequate funds for operational, statutory, payroll, and vendor payment requirements.
- Optimize fund utilization across bank accounts and business units.
- Monitor liquidity position and highlight funding gaps and surplus cash positions

2. Banking Operations & Relationship Management

- Manage day-to-day banking operations, including account administration and transaction monitoring.
- Coordinate with banking partners for issue resolution and operational support.
- Maintain bank mandates, authorized signatories, internet banking access, and banking documentation.
- Support opening, closing, and modification of bank accounts as per business requirements.
- Develop and maintain qualified relationships with banks and financial institutions.
- Manage Workflow of authorised Signatory at online banking portal and investments portal

3. Foreign Exchange (FX) Risk Management & Regulatory Compliance

- Prepare and monitor monthly foreign exchange exposure reports.
- Track currency-wise exposures and assist in formulation of hedging strategies.
- Ensure compliance with FEMA guidelines and RBI regulations.
- Coordinate with banks for foreign remittances, inward remittance tracking,



and documentation and accounting.

EDPMS & eBRC Compliance

- Monitor export realization through EDPMS.
- Ensure timely mapping of inward remittances and generation of eBRCs.
- Coordinate with Authorized Dealer Banks for closure of export transactions.

IDPMS Compliance

- Monitor import remittances through IDPMS.
- Ensure timely submission of Bills of Entry and reconciliation with remittances.
- Coordinate with AD banks for closure of open import transactions and prevention of caution-listing.
- Prepare EBRC of Foreign inward remittance
- Make Custom Duty payments at Bank portal

4. Letters of Credit (LC) Operations

- Prepare and submit LC applications (both domestic and foreign) through bank corporate portals.
- Continuously track and actively monitor sanctioned bank-wise LC limits to ensure adequate availability for upcoming business operational requirements.
- Handle accounting, documentation, amendments, and Tracker of charges and outstanding LC for all domestic and foreign LCs.
- Handle LC amendments, documentation, accounting, and charge tracking.
- Track overall LC exposure and prepare periodic status and limit-utilization reports.

5. Bank Guarantee (BG) Management

- Process applications for Performance, Financial, Advance, Retention, and Bid Bond Bank Guarantees.
- Monitor BG validity, renewals, amendments, claims, and cancellations.
- Coordinate issuance and delivery of BGs with banks and project teams.
- Maintain BG registers and utilization trackers.




- Provide periodic reports on outstanding BG exposure and limit utilization to Treasury Manager and Finance leadership.

6. Borrowings & Banking Facilities Management

- Monitor utilization of fund-based and non-fund-based limits.
- Coordinate with banks for post-sanction compliance requirements.
- Prepare and submit stock statements, QIS reports, financial information, and covenant compliance reports.
- Support renewal and enhancement of working capital and trade finance facilities.
- Maintain facility-wise sanction, security, and renewal trackers.

7. Investments & Surplus Fund Management

- Evaluate short-term and long-term investment opportunities.
- Monitor returns on investments while adhering to treasury policy.
- Coordinate placement and redemption of fixed deposits and approved investment products.
- Prepare investment performance reports and yield analysis.
- Ensure compliance with internal investment guidelines.

8. Reporting & Stakeholder Management

- Prepare and present comprehensive weekly/monthly treasury dashboards and operational reports to the reporting manager.
- Coordinate daily with internal teams (Finance, Procurement, Logistics, and core Business Units) for accurate cash monthly forecasting, trade documentation, and exposure tracking.
- Build and maintain operational relationships with banking partners, financial institutions, and treasury advisors.

9. Audit & Internal Controls

- Ensure strict adherence to internal treasury policies, standard operating procedures, FEMA regulations, and internal controls.
- Prepare statutory audit schedules for all treasury, LC, BG, FX, and borrowing operations.
- Engage with statutory auditors to resolve queries and secure audit sign-offs.
- Provide required data to internal auditors and address any observations.

📌 Assistant Manager-F&C (Treasury) (Mumbai)
🏢 Voltas
📍 Mumbai