Role purpose:

Lead the Treasury and Cash Management function for Fintech Cloud and its associated entities, ensuring adequate liquidity, robust banking infrastructure, accurate cash-flow forecasting, disciplined payment controls and a treasury operating model that scales.

The Head will build the treasury framework needed to support growth from about ₹1,200 crore to ₹10,000 crore over six months: higher transaction volumes, multiple NBFC partners, larger settlement flows, many more bank accounts and complex cash-flow dependencies. The role works closely with the Group CFO, Financial Controller 1, Financial Controller 2, Revenue Assurance, FP&A;, Business Operations, Technology, NBFC partners and banking partners.

Key responsibilities:

1. Cash-flow planning and liquidity management

- Maintain a rolling 13-week cash-flow forecast (weekly) and a rolling 6-month forecast (monthly) covering all operating entities and material business verticals, refreshed weekly.
- Publish daily, weekly and monthly cash-position reports covering bank balances, expected receipts, committed payments and liquidity requirements.
- Forecast cash requirements arising from:
- NBFC partner settlements and contractual obligations.
- Operating expenses, payroll and vendor payments.
- Technology, marketing and customer-acquisition costs.
- Tax and statutory payments.
- DLG collateral, guarantees and other approved commitments, including investments and capital expenditure.
- Set liquidity buffers based on forecast volatility, business growth and the approved risk appetite.
- Identify potential liquidity shortfalls in advance and recommend corrective action to the Group CFO.
- Build scenario models for portfolio growth, delayed NBFC settlements, lower collections, higher operating costs and DLG invocation.
- Monitor the cash conversion cycle and improve the timing and predictability of receipts and payments.
- Maintain a treasury policy for Group CFO approval covering approved instruments for surplus funds, bank counterparty limits and concentration limits.

2. Banking infrastructure and account management

- Lead the opening, operation, maintenance and closure of bank accounts for the LSP and in-house NBFC entities, subject to applicable approvals.
- Assess banking requirements for current verticals, entities, NBFC partnerships and business expansion, and set up accounts, collection and virtual-account structures and API linkages. For NBFC partners' own accounts, support the settlement and collection arrangements relevant to the LSP arrangement.
- Coordinate with banks on account-opening documentation, KYC, mandates, authorized signatories, internet banking and transaction limits.
- Maintain a centralized bank-account register covering:
- Entity and account purpose.
- Bank and branch details.
- Signatories and approval limits.
- Internet banking users and access rights.
- Account status and review dates.
- Review mandates and user access at least quarterly, and immediately after employee exits, role changes or organizational changes.
- Establish banking relationships and negotiate service terms, transaction charges, collection solutions and operational support.
- Coordinate with Technology and Operations on bank integrations, payment APIs,



virtual accounts, collection mechanisms and automated bank statements.

3. Payment governance and treasury controls

- Establish treasury SOPs for payments, bank transfers, account administration, cash positioning and liquidity monitoring.
- Ensure payments are made only against approved invoices, contracts, settlements or other valid supporting documents.
- Maintain maker-checker controls and segregation of duties for:
- Payment initiation and approval.
- Bank-account master changes.
- Beneficiary creation and modification.
- Bank mandate changes.
- Treasury transaction processing.
- Ensure no individual has end-to-end control over beneficiary creation, payment initiation and payment approval.
- Ensure borrower funds are never pooled or passed through LSP accounts. Loan disbursals and repayments must flow directly between the borrower and the regulated NBFC's bank account, in line with applicable RBI digital lending requirements, and LSP fees are received from the NBFC under the contract rather than charged to the borrower.
- Monitor unusual transactions, duplicate payments, failed transactions and exceptions.
- Work with Financial Control & Accounting, which performs bank reconciliations independently of payment processing, to resolve unreconciled items promptly.
- Maintain treasury records and supporting documents for internal, statutory and NBFC partner audits.

4. Funding, DLG and capital coordination

- Coordinate with the Group CFO and Financial Controller 1 on funding requirements, liquidity planning and capital allocation, including needs arising from portfolio expansion, operating growth and new verticals.
- Maintain a consolidated schedule of funding facilities: drawdowns, repayments, maturities, interest costs and covenants, where applicable.
- Manage default loss guarantee (DLG) and similar first-loss arrangements with NBFC partners, where applicable: a register of cash deposits, fixed deposits under lien and bank guarantees; headroom against RBI limits and contractual caps; and tracking of invocation, replenishment and release.
- Support discussions with banks and other approved funding partners, monitor facility utilization and identify refinancing or renewal needs.
- Evaluate funding alternatives and banking products on cost, flexibility, liquidity and risk.
- Support the in-house NBFC(s) on liquidity risk management and asset-liability management (ALCO inputs, structural liquidity statements and regulatory liquidity reporting), in coordination with the NBFC's Compliance and Risk functions.

5. Treasury reporting and management information Prepare and circulate treasury MIS covering:

- Daily cash and bank balances.
- 13-week and 6-month cash-flow forecasts, and actual versus forecast cash flows.
- Liquidity position and projected shortfalls.
- Bank-account status and access-control exceptions.




- Payment volumes, failed payments and pending approvals.
- Bank charges and transaction costs.
- Funding utilization, maturities and covenants, and the DLG collateral position, where applicable.
- Ageing of unreconciled bank items.
- Cash-flow stress scenarios and mitigation actions.

Provide timely treasury inputs for the Group CFO's monthly review and for Board and management reporting. 6. Process automation and scalability

- Work with Technology and Finance Systems teams to automate cash-flow reporting, bank statement downloads, bank reconciliations and payment workflows.
- Implement treasury dashboards and exception-based reporting.
- Reduce dependence on manual spreadsheets and individual employee knowledge.
- Develop SOPs, process documentation, backup arrangements and business continuity procedures.
- Establish a treasury operating model that can support the ₹10,000 crore portfolio target and future growth.
- Build and train a treasury team with clear role allocation, ownership and succession cover.

Experience:

Minimum 10 years of relevant experience (15+ years preferred) in treasury, cash management, banking or corporate finance, including leading a team. The candidate should ideally have:

- Experience in a fintech, LSP, NBFC, payments company or other high-volume financial services environment.
- Experience managing multiple bank accounts, entities, payment flows and banking partners.
- Experience building or scaling treasury operations during rapid business growth, including implementing treasury systems, bank integrations or automated reconciliation.
- Exposure to funding facilities, covenant monitoring and liquidity planning, and preferably to DLG or first-loss structures.

Technical and functional skills

- Cash-flow forecasting (13-week and 6-month) and liquidity modelling; treasury MIS, dashboards and scenario analysis.
- Banking operations, account opening and bank mandate management.
- Payment controls, maker-checker processes and segregation of duties; cash management and bank reconciliation processes.
- Funding coordination, facility monitoring and DLG collateral management.
- Awareness of RBI digital lending, DLG and NBFC liquidity (ALM) requirements.
- Advanced Excel; familiarity with ERP, treasury management systems, banking APIs and workflow automation.
- Strong understanding of financial controls, audit requirements and documentation.

Leadership competencies
- Strong ownership and execution orientation; high integrity and control discipline.
- Ability to anticipate liquidity risks and escalate early.
- Commercial judgement and cost consciousness.
- Ability to work with senior management, banks, NBFC partners and Technology teams, and to build processes and teams that scale with the business.

E. Indicative team structure For the growth phase, the Head – Treasury may initially lead following sub-teams: Treasury Operations & Cash Management; Banking & Account Administration; Cash-flow Forecasting & Treasury MIS; Payment Controls & Reconciliation Support; and Funding, DLG & Bank Relationships. The team should be expanded based on transaction volumes, number of entities, number of bank accounts and the degree of automation.

📌 Head of Treasury (Gurugram)
🏢 Fintech Cloud
📍 Gurugram