Role & responsibilities

1. Treasury & Corporate banking :

- Review of timely opening of LC and timely renewal of BG
- Coordination and liasioning with banks and central bank (RBI incl reports / returns submission
- Finalise the facility agreements in coordination with legal counsel Financial covenants/ Condition precedent etc.)
- Prioritization of payments including hedging
- Monitoring BRS and outstanding entries
- Periodic reports / management note on cash flow, funding & projection
- Financing -CMA data for current & renewals of financing proposals & compliances with bank requirement

1. Trade Finance and Foreign Exchange:

- Coordination with various banks for efficient discounting of documents
- Explore various options for optimum & secured financing
- Close monitoring exposure in USD/FE -INR to hedge foreign exchange exposure

1. Payment to material & service vendors & employees incl Expats

2. Compliance and Risk Management

Preferred candidate profile Candidates from Textile/Manufacturing industry preferred

📌 Head Treasury and Account Payable (Mumbai)
🏢 Alok Industries
📍 Mumbai