Job Details:Manager - Banking & Forex

Experience 5 - 6 Years
Industry Packaging Films
Salary Range 15,00,000 - 20,00,000 LPA
Location Chandigarh
Description • Cash Management: o Oversee daily cash flow management to ensure adequate liquidity. o Develop and implement cash management strategies to optimize cash flow and liquidity. o Monitor and manage the company’s short-term and long-term liquidity needs. • Risk Management: o Identify, evaluate, and mitigate financial risks, including interest rate, currency, and credit risks. o Develop and implement hedging strategies to manage financial exposures. o Ensure compliance with relevant financial regulations and internal policies. • Banking Relationships: o Establish and maintain relationships with banks and financial institutions. o Negotiate terms and conditions of financial products and services. o Manage banking facilities and ensure efficient and cost-effective banking operations. o Evaluate and recommend appropriate banking products and services. • Treasury Operations: o Oversee the company’s treasury operations, including payments, collections, and investments. o Ensure accurate and timely execution of treasury transactions. o Implement and maintain treasury systems and processes to enhance operational efficiency. • Working Capital Management: o Optimize the company’s working capital by managing receivables, payables, and inventory levels. o Develop strategies to improve cash conversion cycles and reduce working capital requirements. • Forex Management: o Manage the company’s foreign exchange exposure and develop strategies to mitigate risks. o Monitor currency markets and execute forex transactions as needed. o Provide guidance on forex policies and procedures to ensure compliance and efficiency. • Compliance and Reporting: o Ensure compliance with internal controls, policies, and procedures. o Prepare and present regular treasury reports to senior management and the board. o Coordinate with auditors and regulatory bodies as required.
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