Treasury and Credit Manager Role

1 day ago


Mumbai, Maharashtra, India Owenscorning Pvt Limited Full time

About Owens Corning Pvt Limited: A US Fortune 500 MNC leader in residential and commercial building products.

Job Description:

We are seeking a highly skilled Treasury and Credit Manager to join our team. The successful candidate will be responsible for assessing, monitoring, planning, and managing the efficient utilization of cash and financial services in accordance with the company's objectives.

Broad Responsibilities:

Credit Management

  • Proactively manage credit for entire customer portfolio across all businesses.
  • Work on credit proposals for new/existing customers with appropriate payment terms based on risk assessment.
  • Collaborate with the commercial team to maintain daily sales outstanding (DSO) as per guidelines.
  • Liaise with internal departments to ensure accurate customer account positions.

Treasury Function

  • Forecast cash flow positions, related borrowing needs, and available funds for investment.
  • Ensure sufficient funds for ongoing operational and capital investment requirements.
  • Evaluate long-term borrowing strategies and make recommendations according to the capital structure guidelines.
  • Drive working capital improvements for the company as a whole.

Insurance Function

  • Liaise with insurance brokers for timely renewal of insurance policies.
  • Coordinate with internal stakeholders to collect required details for policy renewals.

Statutory Compliance

  • Lead compliance with banking/FEMA-related filings to ensure a risk-free environment for business.
  • Responsible for compiling relevant information for audits and liaising with auditors as necessary.

The ideal candidate should have a CA or MBA qualification, 5+ years' experience in a varied treasury/credit environment, and strong analytical skills. The estimated salary for this role is ₹80,000 - ₹1,20,000 per month, depending on qualifications and experience.


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