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

- 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
- 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
- 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
- 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.
- 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.
- 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.
- 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.
- 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.
- 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 (Mumbai)
🏢 Voltas Limited - A TATA Enterprise
📍 Mumbai