Treasury Assistant

1 month ago


Chennai, India Nibav Lifts Pvt. Ltd. Full time

Key Responsibilities:

- Manage and monitor daily cash inflow and outflow in bank transactions by ensuring all receipts and payments are banked and cleared in system on daily basis
- Optimize cash outflow by ensuring all payments are made following agreed credit term
- Ensure prompt and accurate payments to suppliers and payroll vendors to maintain strong business relationships.
- Managing group intercompany fund transfers, intercompany borrowing/ loans as well as the reimbursement payment of each company
- Monitor banks loan especially relating to interest and loan related payments/processes
- Prepare (bi-)weekly cash payment forecast to ensure sufficient cash for payment release and providing timely and accurate management information
- Facilitate all company’s bank accounts including new account opening, closing, and changing signatory
- Address and resolve inquiries from various departments, working closely with banking partners for timely solutions.
- Supervise monthly reconciliation of all bank statements and submit to accounting for month end closing
- Oversee the Company Know Your Customer (KYC) and Director KYC processes, ensuring operational status for all bank accounts.
- Monitor bank charges and interest expenses, regularly reconciling with banks to optimize cost control.
- Perform payment run via bank transfers or arrange cheques according to payment schedule
- Assist and/or execute on other tasks as assigned by line manager

Competencies:

- Good Communication skill in English
- Leadership, confident and strong presentation skill
- Creative, self-motivated and result driven
- High commitment and willing to learn
- Helpful, punctual and patient

**Salary**: ₹25,000.00 - ₹30,000.00 per month

**Benefits**:

- Food provided
- Health insurance
- Paid sick time
- Provident Fund

Schedule:

- Day shift

**Experience**:

- total work: 1 year (preferred)



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