Treasury Lead

Company Overview

Not specified

Job Summary

We are seeking a Treasury Lead with 6 to 8 years of extensive corporate treasury experience to independently manage and optimize the organization’s treasury functions. The role involves handling loan agreement negotiations with banks, cash flow planning, end-to-end banking operations, and process improvements. The candidate will serve as the primary interface with bankers and internal stakeholders, ensuring seamless treasury operations that support the company's growth in a fast-paced e-commerce, retail, or allied environment.

Responsibilities

• Banking Operations Ownership
  • Oversee and execute daily banking transactions including vendor payments, marketplace settlements, statutory dues, employee reimbursements, and inter-bank fund movements across multiple bank relationships.
  • Maintain strong controls on transaction cut-off timings, dual authorization, and documentation for all treasury payments.
• Loan Agreements & WCDL Lifecycle Management
  • Lead end-to-end processes for working capital and term loans, including evaluation of term sheets, covenant analysis, and negotiation of loan agreements.
  • Manage the complete WCDL (Working Capital Demand Loan) cycle: drawdown requests, utilization tracking, repayment scheduling, interest calculations, limit renewals, and covenant compliance, ensuring zero delays or defaults.
• SBLC / BG Management
  • Manage issuance, renewal, amendments, and closure of Standby Letters of Credit (SBLC) and other bank guarantees.
  • Maintain a comprehensive register of all SBLC/BG instruments, coordinating proactively with banks and business teams on expiry and collateral requirements.
• Bank Reconciliation (BRS)
  • Own daily and monthly bank reconciliations across all bank accounts, including payment gateways and marketplace accounts.
  • Establish workflows for open-item identification and closure, driving a culture of “zero outstanding beyond agreed SLA.”
• Cash-Flow Forecasting & Fund Planning
  • Develop and maintain short-term (daily/weekly) and medium-term (monthly/quarterly) cash flow models at both entity and group levels.
  • Monitor liquidity, anticipate funding gaps, and recommend deployment of surplus funds or drawdowns to optimize interest costs.
• Accounting & Tally ERP
  • Ensure accurate and timely posting of treasury-related entries in Tally ERP, including journal vouchers, payment vouchers, interest accruals, and period-end adjustments.
  • Coordinate with GL, Accounts Payable, and Tax teams for smooth month-end and year-end closing.
• MIS & Treasury Analytics
  • Design and improve weekly and monthly treasury MIS dashboards covering bank balances, fund positions, payment summaries, WCDL utilization, interest cost trends, covenant status, and variance analysis.
  • Provide actionable insights on cost of funds, idle cash, and utilization efficiency, suggesting optimization strategies.
• Audit Management
  • Lead the preparation of treasury schedules and documentation for internal, statutory, and tax audits.
  • Address prior audit observations proactively and implement controls to achieve “nil observations” in subsequent audits.
• Compliance & Risk Controls
  • Ensure adherence to internal treasury policies, banking covenants, RBI guidelines, and statutory payment timelines (TDS, GST, PF, ESIC).
  • Flag potential covenant breaches, documentation lapses, or operational risks early and assist in implementing mitigating actions.
• Banking & Stakeholder Management
  • Act as the primary interface with banks and financial institutions regarding limits, pricing, documentation, and issue resolution.
  • Collaborate with Accounts Payable, Tax, Legal, and Marketplace Finance teams to align cash flow planning with business needs.
• Process Improvement & Automation
  • Identify bottlenecks in treasury processes and propose technological or process solutions such as Tally automation, bank APIs, or Excel models.
  • Lead the implementation of initiatives to reduce manual effort, turnaround time, reconciliation issues, and interest leakage.

Qualifications

• Educational Qualifications: Bachelor’s degree in Commerce, Finance, or Accounting; MBA in Finance, CA (Chartered Accountant), or CMA (Cost and Management Accountant) preferred.
• Technical Skills:
  • Strong understanding of corporate banking products – WCDL, CC/OD, SBLC, BGs, term loans, and trade finance.
  • Advanced Excel skills for cash flow modeling and MIS automation.
  • Hands-on experience with Tally ERP and internet banking platforms.
• Soft Skills:
  • Excellent negotiation, communication, and stakeholder management skills.
  • High ownership, attention to detail, and ability to work under tight deadlines in a high-velocity environment.

Preferred Skills

• Experience in e-commerce, retail, or allied industries.
• Knowledge of RBI guidelines and statutory compliance.
• Familiarity with banking APIs and treasury automation tools.
• Ability to lead process improvements and automation initiatives.

Experience

• 6 to 8 years of relevant corporate treasury experience, including loan negotiations, cash flow management, and banking operations.
• Proven track record of managing end-to-end treasury functions independently in a fast-paced environment.

Environment

• The role is typically based in an office setting, with potential for hybrid work depending on company policies.
• The position involves regular interaction with banks, internal teams, and senior management.
• Fast-paced environment requiring high attention to detail and the ability to manage multiple priorities simultaneously.

Salary

Not specified

GrowthOpportunities

Not specified

Benefits

Not specified