Treasury, Credit

4 weeks ago


Mumbai, Maharashtra, India Owenscorning Pvt Limited Full time

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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