Treasury Lead

# 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*