TREASURY MANAGER

Department

Finance / Treasury

Position Level

Manager

Experience

7–10 years

Location

Thane (Wagle Industrial Estate)

Reports To

AGM Finance & Taxation

Team Management

As per organisation structure

Employment Type

Full time

Industry Context

Corporate / Retail / Multi-location

1. Job Purpose

To lead the organisation’s treasury operations by ensuring optimum liquidity, effective cash and working-capital management, prudent deployment of surplus funds, efficient banking arrangements and robust financial controls. The role is responsible for providing timely visibility of cash positions and funding requirements while safeguarding the organisation’s funds and supporting business continuity and growth.
1. Key Responsibilities

Cash & Liquidity Management · Oversee daily cash positioning across bank accounts, business units and locations; ensure adequate funds are available to meet operational and statutory commitments.

· Prepare and monitor short-, medium- and long-term cash-flow forecasts; analyse forecast-versus-actual variances and drive corrective actions.

· Identify opportunities to optimise cash balances, reduce idle funds and improve liquidity utilisation.

Banking & Relationship Management

· Manage relationships with banks and financial institutions, including account administration, service levels, charges, documentation and issue resolution.

· Evaluate banking proposals and negotiate transaction fees, interest rates, credit terms and other commercial arrangements.

· Review bank mandates, authorised signatories, access rights and account-opening or closure documentation in line with the delegation of authority.

Payments & Treasury Operations

· Oversee payment planning, fund transfers and banking operations to ensure timely, accurate and controlled execution.

· Establish and monitor maker-checker controls, payment approval workflows, beneficiary validation and access controls.

· Ensure timely resolution of failed, delayed or disputed transactions and maintain appropriate supporting records.

Working Capital & Funding

· Partner with business, procurement, accounts payable, accounts receivable and operations teams to improve cash conversion and working-capital efficiency.

· Assess funding requirements and manage working-capital facilities, overdrafts, cash-credit limits and other borrowings, as applicable.

· Monitor utilisation, repayment schedules, interest costs, covenant compliance and renewal timelines for borrowing facilities.

Investments,



Debt & Foreign Exchange

· Manage deployment of temporary surplus funds in approved instruments, in accordance with the organisation’s treasury policy, risk appetite and applicable law.

· Monitor debt portfolio, maturity profile, interest exposure and overall cost of funds; evaluate refinancing or restructuring opportunities.

· Monitor foreign-currency exposures and coordinate permitted hedging arrangements with banks and relevant stakeholders, where applicable.

Reconciliation, Controls & Compliance

· Ensure timely bank reconciliations, investigation of unreconciled items and closure of long-outstanding entries in coordination with the accounting team.

· Maintain treasury policies, standard operating procedures, control matrices and documentation; periodically review their effectiveness.

· Ensure compliance with applicable laws, regulatory requirements, lender conditions and internal policies, including relevant RBI/FEMA requirements where applicable.

· Coordinate internal and statutory audits, provide treasury schedules and evidence, and ensure timely closure of audit observations.

MIS, Systems & Stakeholder Management

· Prepare periodic treasury dashboards covering cash position, liquidity, forecast accuracy, borrowings, interest cost, bank charges and key exposures.

· Provide management with timely insights, exception reporting and recommendations on liquidity, funding and treasury risks.

· Drive effective use of ERP and banking platforms; improve automation, data integrity, reporting and process efficiency.

· Work closely with Finance, Tax, Legal, Procurement, Operations and senior management on treasury-related matters.

1. Educational Qualification & Experience

· Chartered Accountant (CA) Fresher, MBA (Finance) or equivalent postgraduate qualification in Finance. · 7–10 years of relevant experience in treasury, corporate finance, banking operations or cash and liquidity management, preferably in a large or multi-location organisation.

· Demonstrated experience in managing banking relationships, cash-flow forecasting, working-capital facilities, payment controls and treasury MIS.





· Working knowledge of ERP systems (SAP or equivalent), internet banking platforms and advanced MS Excel.

1. Skills & Competencies

· Strong understanding of cash management, liquidity planning, banking products, debt and working-capital management. · Analytical ability with sound financial modelling, forecasting and variance-analysis skills.

· High degree of integrity, ownership, attention to detail and risk awareness.

· Strong negotiation, stakeholder-management and communication skills.

· Ability to manage multiple priorities, lead a team and work effectively under time-sensitive conditions.

· Proficiency in MS Excel and familiarity with ERP, treasury or cash-management systems.

1. Key Performance Indicators (KPIs)

KPI

Performance Measure

Cash-flow forecast accuracy

Actual cash flows versus forecast; timely identification of material variances.

Liquidity availability

Availability of funds to meet payments and business obligations without avoidable funding gaps.

Borrowing and interest cost

Optimisation of cost of funds, facility utilisation and financing charges.

Bank reconciliation discipline

Timely completion of reconciliations and ageing / closure of open items.

Payment control and timeliness

On-time payment execution, error rates and adherence to approval controls.

Banking cost optimisation

Reduction or control of bank charges and improvement in banking terms.

Compliance and audit closure

Adherence to policies, regulatory and lender requirements; timely closure of audit points.

Treasury reporting

Accuracy and timeliness of cash, liquidity, debt and exposure reporting.

Liaising with Auditors

Liaising with Statutory Aduitors

1. Role Scope & Working Relationships

The role works closely with the AGM Finance & Taxation, Financial Planning & Analysis, Accounting, Tax, Procurement, Accounts Payable, Accounts Receivable, Operations, Legal and external banking partners. The Treasury Manager is expected to maintain confidentiality of financial information and operate within approved policies, authority limits and risk parameters.
1. Document Review

This outlines the principal responsibilities of the position and is not intended to be an exhaustive list. Duties may be amended in line with business requirements, provided they remain consistent with the role’s level and purpose. Pay: ₹67,000.00 - ₹84,000.00 per month

Benefits

- Health insurance
- Provident Fund

Work Location: In person

📌 Assistant Manager - Finance & Accounts (Thane)
🏢 MR.DIY
📍 Thane