Assistant Manager
1 month ago
About Us:
Agratas is a wholly subsidiary of Tata Sons. We design, develop and manufacture high-quality, high-performance, sustainable batteries applied to multiple use cases in the mobility and energy sectors, to match our customers’ requirements.
Agratas is a scale-up business with a start-up mentality, driven by our pursuit of green growth and technological progress.
We develop next-generation battery technologies at our state-of-the-art R&D Innovation Hubs in India and the UK.
Position Overview:
Agratas will significant capital infusion (both debt and equity); and will have extensive banking transactions with multiple banks. We are looking for a candidate who Is well versed with banking operations, and handle daily cash flows. Ensure that there are no idle balances lying and the same is invested in accordance with the Board approved Investment Policy. Check and verify the interest calculations on borrowings, and ensure timely payment of interest and principal. Coordinate with various internal stakeholders to ascertain the daily funding requirements and ensure availability of such funding.. Handling all account related documentation with the banks. This role also calls for supporting the Trade finance operations and the entire Treasury function in general
Responsibilities:
The candidate will be responsible for:
Coordinating with various stakeholders for their daily funding requirements.
Ensure daily adequate funding and ensuring no idle funds remain in the account.
Handle investment operations- i.e. investing in Mutual Fundsand Fixed deposits in accordance with the Board approved investment policy
Interact with Banks for resolving various banking related queries,
Maintaining meticulous records of daily bank balances and funding
Handling of account related documentation with the banks
Trouble shooting internet banking
Support the Trade finance operations in documentation, MIS, etc
Ensuring with the accounting department that all Treasury related bank entries are accounted in a timely manner
Verifying the interest calculations on borrowings, and ensuring timely payment of interest and principal
Qualifications:
InterCA/MBA
Experience/ Skills required:
Experience of 7-10 years of in Treasury support, cash management
Should be well versed with banking operations especially internet banking
Should have worked in SAP environment
Good communications and presentation skills
Problem solving skills
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