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Job Description

 Designation:  DGM Treasury

Company Profile:

One of India’s largest branded fabric and fashion retailers are looking for a 10-15 years experienced treasurer with a proven track record in Forex risk management, Raising Funds, Investment of Surplus Fund, overseeing intercompany cash flow activities.

Roles and Responsibilities:

Fund / Forex Risk Management:

·        Arrange for short term / long term lines of borrowings for Raymond and Group companies at lowest possible cost

·        Directs and develops strategies associated with ongoing re-engineering of financial operations

·        Assist in managing the company's credit facilities (Revolver and term loans)

Compliance / Credit Rating

·        Ensure timely adherence to RBI related compliances

·        Ensure that all treasury functions are carried out within the defined guidelines and policies

Banking / Investment

·        Responsible for Company's Bank relationships, i.e., negotiations on pricing, bank services purchased, review of new banking cash management products and bank agreements. Manage the overall budget for bank fees

·        Ensure that there are no idle funds and get best returns for surplus funds ensuring minimum risk to Raymonds

Management Reporting

·        Timely reporting of all function related MIS by Performing month-end and quarterly-end treasury-related close functions

·        Adhere to Indian accounting standards for Financial Instruments: Disclosure, Recognition and Measurement definitions in accounting reports

Cash Flow Monitoring

·        Management of consolidated cash resources by governing Daily decisions on cash requirements through cash accounting, electronic funds movements and letters of credit

·        Develops and maintains forecast models necessary to support short-term and intermediate cash flows




Desired Profile:

Minimum Qualifications: Chartered Accountancy / MBA (Finance)

Preferred/Additional Qualifications: Treasury certifications

Minimum Experience: 10-15 years

Industry preference: FMCG, Consumer Goods, large conglomerates

Reporting to:

Director Corporate Finance

Essential Competencies and Skills:

·        Working with People

·        Relating and networking

·        Presenting and communicating information

·        Applying expertise and technology

·        Formulating strategies and concepts

·        Adapting and responding to change


Industry Type:               FMCG, Retail

Role:                    DGM Treasury

Functional Area:  Accounts, Finance, Tax, Costing, Audit

Compensation:    35,00,000-45,00,000 per annum CTC.

Location:             Mumbai

Keywords:            Fund / Forex Risk Management, Fund Raising, Compliance /        

                            Credit Rating, Banking / Investment, Cash Flow

Contact:  Shruti Abraham


Job Posted: 19.6.2015