Siemens Energy India Limited aims to be a pure play energy company along the energy technology and service value chain with a comprehensive and differentiated product portfolio of solutions and services. We aim to be one of the valued energy technology companies supporting its customers in transitioning to a more sustainable world through sustainable energy systems. Comprehensive portfolio of products, solutions, and services designed to strengthen and expand grid infrastructure, addressing the growing demand while ensuring grid stability amid the integration of renewable energy sources, supported by Project Management hubs.
How you'll make an impact
Cash Management and Payments
• Liquidity planning and management- Cash flow forecasting and managing liquidity, placement of surplus/deficit in Deposits/ICDs/Overdrafts in line with the internal policies, limits and external regulations while ensuring adherence to best market practices and optimizing returns. Prepare MIS reports to support effective cash management.
• Managing treasury initiatives like Supply chain Financing for Vendors / Energetic Discounting- Liaison with Business, Supply Chain, IT, Banks and managing the process end to end.
• Bank Partner management- Maintaining and controlling Bank Accounts, Limits and Documentation. Ensure that all banks have proper and timely documentation in place. Monitor and control signatories on all bank accounts and ensure that internal control and compliance requirements are always fulfilled - Record keeping on all resolutions and changes/ updating on control parameters/ reconciling the accounts with internal records on a continuous basis/ ensure exceptions are controlled and approved/ Bank accounts are not subject to misuse etc.
• Creating Best in class Payment infrastructure for the company to effectively enable business.
Dealer – FX and Commodity Risk management
• Managing SEIL’s hedge book for currencies and Commodities with Banks and exchange