Cash Management Specialist
3 weeks ago
Company Overview: Sterlite Power, a leading player in the power transmission sector, is seeking an experienced Cash Management Specialist to join its team.
Estimated Salary: ₹30 Lakh - ₹50 Lakh per annum, depending on location and experience.
Job Description:
- Working Capital Management: The ideal candidate will have strong knowledge of working capital management, including raising funds (short-term and long-term) and managing banking limits.
- Banking Consortium Experience: Having experience of handling large banking consortiums and negotiating with banks for funding requirements.
- Financing Expertise: Knowledge of various working capital products (domestic & foreign) and structuring financing options available.
- Trade Finance: Handling trade finance instruments like Bank Guarantee, Letter of Credits, Buyers Credit, Suppliers Credit, Discounting, Factoring, Vendor Financing, MSME financing, Export-Import financing, and managing relevant documents.
- Cash Flow Management: In-depth understanding of cash flow management and developing solutions to mitigate mismatches.
- Financial Modeling: Strong understanding of balance sheet and developing financial models/CMA for business/banks to raise funds.
- Negotiation Skills: Excellent negotiation skills with banks and financial institutions to secure favorable terms.
- Team Leadership: Leading a small team size of at least 4 members and aligning them towards critical initiatives.
- Problem-Solving: Using logic and reasoning to identify strengths and weaknesses of alternative solutions.
- Communication Skills: Excellent communication and interpersonal skills to work effectively with cross-functional teams.
Required Skills and Qualifications:
- Education: Bachelor's degree in a related field (Finance, Accounting, Economics, etc.).
- Experience: Minimum 8 years of experience in cash management, treasury, or a related field.
- Skills: Proficiency in MS Office, especially Excel; knowledge of TRM/SAP is an added advantage.
Benefits:
- Competitive Salary: ₹30 Lakh - ₹50 Lakh per annum.
- Performance Bonus: Eligible for performance-based bonuses.
- Medical Insurance: Comprehensive medical insurance for self and family.
- Leave Policy: Generous leave policy with paid holidays and sick leaves.
Others:
- Location: Job location will be based on business requirements and may involve frequent travel within India and abroad.
- Industry: Sterlite Power is a leading player in the power transmission sector.
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