Position: Assistant Manager – Treasury & Banking Operations

Department: Finance & Accounts
Location: Palami
Reports To: AGM – Finance

Position Summary

The Assistant Manager – Treasury, Banking Operations & CapEx shall be responsible for managing the Company's treasury activities, banking operations, liquidity planning, working capital facilities, fund mobilization, Metal Gold Loan (MGL) operations, lender compliance, digital payment settlements, banking documentation, and CapEx budgeting, processing, monitoring, and control. The role shall ensure optimum utilization of banking facilities, adequate liquidity, efficient fund management, effective banking relationships, timely lender compliance, proper CapEx budget governance, project-wise expenditure monitoring, and adherence to approved treasury and CapEx controls.

The incumbent shall provide accurate, validated, and timely treasury, banking, borrowing, and CapEx information for management decision-making and shall coordinate with Accounts, Finance MIS, Operations, Projects, Procurement, and other functions as required.

The position shall function as the primary treasury and banking coordination role of the Company, while supporting funding optimization, lender management, capital expenditure governance, and financial risk management initiatives.

Key Roles & Responsibilities

1. Treasury & Liquidity Management

· Monitor daily fund positions across all bank accounts, branches, and business locations.

· Ensure adequate liquidity to meet operational, treasury, CapEx, vendor, and approved business requirements.

· Prepare daily, weekly, and monthly cash flow forecasts, liquidity reports, and fund position statements.

· Identify funding gaps and recommend appropriate corrective actions.

· Optimize deployment and utilization of surplus funds within approved authority limits and treasury policies.

· Monitor short-term and long-term liquidity requirements.

· Support treasury planning and working capital optimization initiatives.

· Provide accurate treasury and liquidity information for management review and decision-making.

2. Working Capital & Borrowing Management

· Monitor utilization of Cash Credit (CC), Working Capital Demand Loans (WCDL), Overdrafts, Short-Term Loans, and other sanctioned facilities.

· Track drawing power, sanctioned limits, utilization levels, interest costs, repayment obligations, and lender charges.

· Coordinate drawdown, rollover, renewal, enhancement, and repayment of borrowing facilities.

· Support working capital planning and short-term funding strategies.

· Maintain facility-wise borrowing schedules, repayment trackers, and utilization reports.

· Analyze borrowing patterns and recommend measures to optimize finance costs and facility utilization.

· Coordinate submission of stock statements, book debt statements, QIS reports, CMA information, and other lender requirements.

· Support enhancement, renewal, restructuring, and documentation of working capital and borrowing facilities.

3. Banking Operations & Relationship Management

· Maintain and manage relationships with banks, financial institutions, bullion banks, and lending partners.

· Coordinate opening, modification, operation, and closure of bank accounts and banking mandates.

· Handle issuance, amendment, renewal, and closure of Bank Guarantees (BGs), Standby Letters of Credit (SBLCs), and other banking instruments.

· Maintain records relating to banking facilities, securities, charges, mandates, and documentation.

· Facilitate banking transactions in accordance with approved delegation of authority and treasury policies.

· Coordinate with banks for operational support, documentation, service quality, and facility management matters.

4. Metal Gold Loan (MGL) Management





· Manage end-to-end Metal Gold Loan operations and lender interactions.

· Monitor MGL utilization, tenor, maturity profile, conversion obligations, and repayment schedules.

· Coordinate with banks, bullion suppliers, procurement teams, operations, and finance functions.

· Prepare MGL utilization, exposure, cost, and compliance reports for management review.

· Ensure compliance with lender conditions, RBI guidelines, and facility covenants applicable to MGL operations.

· Monitor gold-price-linked risk exposures and escalation requirements.

5. CapEx Budgeting, Processing & Tracking

· Coordinate preparation, consolidation, and monitoring of annual CapEx budgets.

· Review CapEx proposals against approved budgets, strategic priorities, business requirements, and approved allocations.

· Verify budget availability and approval hierarchy compliance before processing expenditure.

· Coordinate processing of approved CapEx proposals through established approval workflows.

· Monitor project-wise, department-wise, category-wise, and location-wise CapEx utilization.

· Track project costs, commitments, budget consumption, and available balances.

· Review budget versus actual expenditures and project progress.

· Identify and escalate budget overruns, project delays, cost escalations, under-utilization, and other material exceptions.

· Coordinate with project owners, procurement, operations, and other stakeholders for project status updates.

· Maintain CapEx approval registers, commitment trackers, utilization records, and project monitoring dashboards.

· Prepare periodic CapEx performance reports for management review.

6. Banking Compliance & Documentation

· Ensure compliance with sanction terms, financial covenants, security documentation, lender conditions, and borrowing agreements.

· Maintain banking agreements, charge documents, security records, sanction letters, and facility correspondence.

· Coordinate timely submission of information and documents required by lenders.

· Track facility expiry dates, renewal schedules, covenant-reporting timelines, and documentation obligations.

· Maintain documentary evidence supporting lender compliance.

· Monitor and ensure timely closure of lender observations, audit comments, and compliance requirements.

· Support periodic compliance certifications and lender review meetings.

7. Digital Payment Settlements & Reconciliations

· Monitor daily POS, UPI, payment gateway, EMI, and other digital payment transactions.

· Reconcile merchant settlements with bank credits and accounting records.

· Track pending settlements, chargebacks, reversals, refunds, disputed transactions, and aging items.

· Coordinate with payment service providers, banks, and internal teams to resolve settlement issues.

· Review settlement turnaround times and exception reports.

· Provide settlement and reconciliation information to Accounts and Finance MIS teams.

· Ensure timely escalation and resolution of unreconciled digital payment transactions.

8. Fund Mobilization & Treasury Transactions

· Execute treasury transactions, fund transfers, and banking transactions within approved authority limits.

· Support mobilization of short-term, medium-term, and long-term funding facilities.

· Coordinate inter-bank fund movements and optimize deployment across banking relationships.





· Ensure treasury transactions are supported by proper approvals, documentation, and audit trails.

· Maintain complete records of borrowing activities, funding arrangements, and treasury transactions.

· Assist in treasury initiatives aimed at improving funding efficiency, liquidity management, and banking operations.

· Support fund-raising activities and lender engagement initiatives undertaken by senior management.

9. Treasury, Banking & CapEx MIS

· Prepare daily, weekly, and monthly treasury management reports.

· Generate bank-wise utilization reports, borrowing summaries, cost of funds analysis, and cash-flow statements.

· Prepare CapEx budget-versus-actual, project utilization, commitment, and variance reports.

· Monitor significant trends, deviations, and exceptions.

· Provide validated treasury, banking, and CapEx information to the Finance MIS team.

· Support management review of treasury performance, borrowing efficiency, liquidity position, and capital expenditure utilization.

· Develop dashboards and analytical reports for senior management review.

10. Internal Controls, Audit & Risk Management

· Ensure compliance with treasury policies, banking procedures, CapEx governance frameworks, and delegated authority requirements.

· Maintain maker-checker controls, segregation of duties, and approval hierarchies.

· Preserve complete audit trails for treasury, banking, and CapEx transactions.

· Support internal audits, statutory audits, stock audits, lender audits, insurance audits, and compliance reviews.

· Monitor liquidity risk, funding risk, covenant-compliance risk, operational risk, and interest-rate exposures.

· Escalate significant treasury, banking, borrowing, and CapEx risks to the AGM – Finance.

· Support treasury automation initiatives, banking digitization, SAP enhancements, and process improvements.

· Ensure adherence to internal financial governance and risk management frameworks.

Educational Qualification

· CA / CMA / MBA (Finance) / CA Inter

· Strong understanding of treasury management, banking operations, corporate finance, working capital management, lender compliance, and CapEx governance.

· Knowledge of financial analysis, budgeting, project evaluation, and business performance monitoring.

Experience

· 3 to 5 years of relevant experience in Treasury, Banking Operations, Corporate Treasury, Working Capital Management, and CapEx.

· Exposure to banking facilities, lender compliance, fund raising, working capital management, and CapEx monitoring will be an added advantage.

· Solid analytical and problem-solving skills.

· High attention to detail and accuracy.

· Effective communication, stakeholder management, and coordination skills.

· High standards of integrity, confidentiality, and professionalism.

ERP / System Knowledge

· Working knowledge of SAP S/4HANA.

· Hands-on exposure to SAP FICO (Financial Accounting & Controlling).

· Working knowledge of SAP Treasury and Cash Management functionalities will be preferred.

· Working knowledge of SAP PS (Project System) for project budgeting, CapEx monitoring, and project cost tracking.

· Experience in banking reconciliations, cash management reporting, and treasury-related SAP processes.

· Advanced proficiency in Microsoft Excel, financial modelling, and MIS reporting tools.

Pay: ₹50,000.00 - ₹75,000.00 per month

Benefits:

- Health insurance
- Provident Fund

Application Question(s):

- CA inter (Mandatory)

Education:

- Master's (Required)

Experience:

- Treasury management: 6 years (Required)

Language:

- English, Hindi (Required)

License/Certification:

- Chartered Accountant (Required)

Location:

- Madurai, Tamil Nadu (Required)

Work Location: In person

📌 Assistant Manager – Treasury & Banking Operations (Madurai)
🏢 Thangamayil Jewellery
📍 Madurai