Assistant Manager

2 weeks ago

Mumbai, India ScaleneWorks Full time

Purpose: We are seeking a Treasury Operations Manager to serve as a crucial liaison between our suppliers and banks for all export transactions. The primary focus of this role is to oversee treasury operations, specifically managing the procurement of USD 50 million, and ensuring the optimization of time and cost across the entire value chain. Key Responsibilities Treasury Operations - 1. Manage the strategic sourcing and shipment of Fiber, Soap Noodle, PM, and other products. 2. Monitor and supervise the creation of POs and intercompany SOs in liaison with the Master Data Management (MDM) team. 3. Liaise with banks for the issuance of LCs for all export transactions. 4. Support Nigeria operations on Form M and C for all shipments. 5. Liaise with suppliers and intercompany customers to manage payments. 6. Manage cash flow for the Dubai sourcing entity. 7. Ensure proper accounting of all export transactions in the Microsoft Dynamics (MSD). 8. Maintain accounting and control over interest costs for all export LCs. 9. Monitor and manage bank account structures to optimize cash balances and minimize Interest cost. 10. Maintain relationships with banks and financial institutions to ensure effective treasury management. MIS- 1. Support intercompany profit elimination in MIS to show true profitability. 2. Support in Preparation for month closing MIS and reporting. Qualification and Skills 1. B. Com/ M.com/ MBA 2. 7+ years of experience in treasury operations or related field 3. Strong knowledge of treasury operations, cash management 4. Proficiency in Microsoft Excel 5. Excellent analytical, problem-solving, and communication skills

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