Treasury

No lengthy intro here, let’s get straight to the details, Zepto speed.

Responsibilities, aka, what we’d like you to deliver :

1. Borrowings, Investments & Forex

- Manage debt servicing and day-to-day operations of the company’s borrowing portfolio.
- Execute and manage foreign exchange (forex) and derivative transactions.
- Build and maintain strong relationships with banks, lenders, and key participants in debt, money, and forex markets.
- Source, evaluate, and negotiate banking facilities and credit lines to optimize funding costs.
- Manage the treasury investment portfolio across banks, mutual funds, and other money market instruments.
- Ensure 100% compliance with bank covenants, RBI guidelines, and applicable banking regulations.
- Review and manage Letters of Credit (LCs) and Bank Guarantees (BGs).

2. Treasury Risk Management, Policies & Compliance

- Monitor market-related variables and assess their impact on the company’s treasury risk profile.
- Formulate, review, and update treasury policies, procedures, and risk management strategies.
- Track and ensure compliance with Internal Financial Controls (IFC) requirements.
- Identify treasury-related risks and implement appropriate mitigation strategies.

3. Cash Flow Forecasting & Treasury Operations

- Lead the cash flow forecasting process in collaboration with FP&A;, Business Finance, Tax, and other cross-functional teams.
- Drive automation of treasury operations and develop standardized SOPs for key processes.
- Lead initiatives such as electronic Bank Reconciliation Statements (e-BRS), Treasury Management System (TMS) implementation, MT940 reporting dashboards, and float optimization.




- Oversee month-end treasury activities, including BRS reviews, MIS preparation, accruals, bank charge tracking, and TDS reconciliations.
- Prepare the monthly treasury performance deck for CFO reviews.
- Design and implement end-to-end solutions for cash collection and Cash Management Services (CMS).
- Manage corporate and commercial cards for vendor payments and explore working capital optimization opportunities.

4. Cross-Functional Collaboration & Strategic Initiatives

- Partner with FP&A; and Accounting teams on Annual Operating Plans (AOP), variance analysis, board notes, and presentations.
- Drive the scale-up of supply chain finance initiatives to optimize working capital and improve liquidity.
- Collaborate closely with the Bank Alliances team to evaluate, strategize, and onboard new payment gateway (PG) and Cash Management Services (CMS) partners.
- Identify opportunities to improve treasury efficiency, reduce transaction costs, and strengthen working capital management.

Are you who we're searching for

- 7–10+ years of relevant experience in Treasury, preferably within a quick-paced organization.
- Strong experience in front-office treasury operations, capital markets, fundraising, and debt structuring.
- Proven expertise in managing borrowings, banking relationships, forex transactions, treasury investments, and cash flow forecasting.
- Strong understanding of banking regulations, RBI guidelines, bank covenants, and treasury risk management.
- Experience in treasury automation, process optimization, and working capital management.
- Strong stakeholder management, analytical, negotiation, and problem-solving skills.

📌 Senior Treasury Manager (Bengaluru)
🏢 Zepto
📍 Bengaluru