Treasury, Credit
4 weeks ago
About Us: We are a US Fortune 500 MNC and market leader in residential and commercial building products. We are seeking an experienced Treasury, Credit & Insurance Manager to join our team.
Job Summary: The successful candidate will be responsible for assessing, monitoring, planning, and managing the efficient utilization of cash and financial services in a manner consistent with our company's objectives. This will include driving financial management within the company with third-party service providers as required.
Key Responsibilities:
Credit Management
- Proactively manage credit for the entire customer portfolio across all businesses.
- Work on credit proposals for new/existing customers with appropriate payment terms based on risk assessment.
- Work closely with the commercial team to ensure daily sales outstanding (DSO) is maintained as per guidelines.
- Liaise and communicate with internal departments as required to maintain an accurate position on customer accounts.
Treasury Function
- Forecast cash flow positions, related borrowing needs, and available funds for investment.
- Ensure sufficient funds are available to meet ongoing operational and capital investment requirements.
- Evaluate long-term borrowing strategies and make recommendations in accordance with 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 renewal of policies.
Statutory Compliance
- Lead compliance with all banking/FEMA related filings ensuring a risk-free environment for the business.
- Responsible for compilation of all relevant information for applicable audits and liaise with auditors as necessary.
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