SSC Treasury Manager

2 months ago

Chennai, India Valeo Full time

Valeo is a tech global company, designing breakthrough solutions to reinvent the mobility. We are an automotive supplier partner to automakers and new mobility actors worldwide. Our vision? Invent a greener and more secured mobility, thanks to solutions focusing on intuitive driving and reducing CO2 emissions. We are leader on our businesses, and recognized as one of the largest global innovative companies.

Mission

The SSC Treasury Manager is responsible of the cash performance follow up of her/his scope, the securitization of the cash, the management of the treasury activities and the relationship with Banks locally.

  • The SSCTM mission is to contribute to cash flow optimization within the country through WC management.
  • She/He ensures daily follow up of cash balances.
  • SSCTM manages balance sheet currency hedging and for some countries (not connected to the VIB), the FX and commodity cash flow hedging
  • SSCTM ensures monthly cash reporting of each legal entity (LE) in the country, reconciles LE FCF (before ICT) with BU FCF, performs analytical review and provides BU and Group with comments on performance. She/He prepares cash forecast in conjunction with the BU management controllers.
  • SSCTM ensures compliance with internal control policy.

SSCTM manages relations with banks and third parties. She/He is in charge of cash pooling within the country and liquidity management (FAR process, execution of external loans / investments in conjunction with VIB).

Responsibilities

  • Cash management:
  • Monitor payment cycles
  • Monitor and reconciles daily bank accounts
  • Manage local cash pooling
  • Manage bank account openings, delegation of signature in respect of Group rules and policies
  • Perform liquidity management (in countries not connected to VIB cash pooling), prepare FAR, manage local financing and deposits if any under control of Valeo Internal Bank (VIB) Paris
  • Control bank guarantees received from supplier and manage bank guarantees follow up
  • Prepare AGA and manage bank guarantee issuance and follow up
  • Manage countrys Central Bank reporting and filings if any
  • Internal control and cash security:
  • Promote, explain, control Internal Control framework within his/her perimeter. Monitor and drive Internal Control improvement plans to mitigate risks
  • Cash reporting:
  • Prepare cash reporting for all cycles: MTP, budget, actual, forecast and flash
  • Prepare cash flow tool by BU and LE for forecast, budget and MTP and work in interaction with BU Management controllers to calculate BUs FCF.
  • Perform analytical review of LE and Country cash performance and support BUs in their WC and cash performance analysis
  • Follow up cash optimization actions and provide end of semester best estimate
  • IDPMS / EDPMS Compliance
  • CIBIL Reporting Score monitoring
  • Working capital optimization:
  • Optimize DPO and DSO,
  • Follow up external and internal customer overdue on a weekly basis, report to management and ensure timely resolution
  • Provide analytical review of other WC variation
  • Act as Procure to Pay (PTP) leader in the SCF Program, check daily SCF uploads on bank platform
  • Hedging:
  • Review ZDKS report and enter necessary BS hedging adjustments in VIB system web portal
  • Manage FX and commodity hedging locally (for countries not connected to the VIB) under VIB supervision
  • Bank relationship:
  • Manage bank relationship locally
    • Participate in the creation of cross-border sweep with VIB (if any)
    • Implement and follow financing and deposits as required or validated by VIB
    • Have bank documentation signed by local Legal representative once documentation is formally validated by VIB
  • Support Group treasury projects
  • Drive efficiency in treasury activities and improve standardization
  • Support new entities integration and legal reorganization
  • Contribute to Group Ethics & Compliance program by applying and respecting code of Ethics and Valeos policies.

  • People management: Supports in the training and career development of tax team if applicable. Creates a proactive team within the shared services and help identifying high potentials.

Professiona Experience Required - Minimum 5 years in similar position

  • SSC Treasury Manager

    4 days ago

    Chennai, India IN04 VALEO INDIA PRIVATE LIMITED Full time

    Valeo is a tech global company, designing breakthrough solutions to reinvent the mobility. We are an automotive supplier partner to automakers and new mobility actors worldwide. Our vision? Invent a greener and more secured mobility, thanks to solutions focusing on intuitive driving and reducing CO2 emissions. We are leader on our businesses, and recognized...

  • SSC Treasury Manager

    3 days ago

    chennai, India IN04 VALEO INDIA PRIVATE LIMITED Full time

    Valeo is a tech global company, designing breakthrough solutions to reinvent the mobility. We are an automotive supplier partner to automakers and new mobility actors worldwide. Our vision? Invent a greener and more secured mobility, thanks to solutions focusing on intuitive driving and reducing CO2 emissions. We are leader on our businesses, and recognized...

  • SSC Treasury Manager

    2 months ago

    chennai, India Valeo Full time

    Valeo is a tech global company, designing breakthrough solutions to reinvent the mobility. We are an automotive supplier partner to automakers and new mobility actors worldwide. Our vision? Invent a greener and more secured mobility, thanks to solutions focusing on intuitive driving and reducing CO2 emissions. We are leader on our businesses, and recognized...

  • SSC Leader India

    5 days ago

    Chennai, Tamil Nadu, India ZF Group Full time

    Req ID 66480 GBS Chennai, India Job Family : Corporate AccountingReports to : VP GSSO; In-Country : CFO IndiaWork Location : Chennai, Porur Your Tasks:Coordinate with GSSO Leadership, GPM organization, Corporate Global Functional Leads, regional leaders & in-country divisional leaders to continue to plan, structure, grow and lead a multi-billion euro,...

  • India - Treasury Manager

    2 months ago

    chennai, India Inchcape Shipping Services Full time

    Who are Inchcape? At Inchcape, our vision is to have a connected world, in which our customers trade successfully and make better decisions in every port, everywhere. We use technology and our global network to help our partners connect to a smoother, smarter ocean. Inchcape combines its worldwide infrastructure with local expertise through our global...

  • Deputy Manager

    2 months ago

    chennai, India Saaki Argus & Averil Consulting Full time

    About Client: Our Client is one of the oldest Comanpany operating in the Sweeteners and Nutraceuticals space. It has a diversified portfolio of products, including bio-products, nutraceuticals, and co-generation of power. It is also a leader in organic farming and sustainable agriculture. Experience: 09+ Years Location- Chennai. The Treasury...

  • Deputy Manager

    2 months ago

    Chennai, India Saaki Argus & Averil Consulting Full time

    About Client: Our Client is one of the oldest Comanpany operating in the Sweeteners and Nutraceuticals space. It has a diversified portfolio of products, including bio-products, nutraceuticals, and co-generation of power. It is also a leader in organic farming and sustainable agriculture. Experience: 09+ Years Location- Chennai. The Treasury Manager –...

  • Deputy Manager

    2 months ago

    Chennai, India Saaki Argus & Averil Consulting Full time

    About Client:Our Client is one of the oldest Comanpany operating in theSweeteners and Nutraceuticals space. It has a diversified portfolioof products including bioproducts nutraceuticals and cogenerationof power. It is also a leader in organic farming and sustainableagriculture. Experience: 09Years LocationChennai. TheTreasury Manager Corporate Treasury is...

  • Arise IIP

    2 months ago

    Chennai, India ARISE IIP Full time

    ARISE IIP is a pan-African infrastructure and logistics solutions company developing ecosystems designed to make Africa thrive. We identify opportunities in commercial and industrial value chains across Africa, and conceive, finance, build and operate the necessary infrastructure to allow businesses to develop and fulfil their potential. We do this alongside...

  • Treasury Lead

    2 weeks ago

    Chennai, India Saaki Argus & Averil Consulting Full time

    Manager / Senior Manager - Treasury1.EDUCATIONAL QUALIFICATIONS● M.Com / MBA● Plus- Any Banking / Treasury related diploma / certificate (@ CAIIB)2.EXPERIENCE· 12 to 15 years of experience in banking operations – Specifically In:· Corporate Banking Segment –Operations & Accounts· Corporate Credit & Monitoring & Compliance related activities·...

  • Director Treasury Finance

    1 week ago

    Chennai, India Barclays Full time

    Job Title: Director - Treasury FinanceLocation: ChennaiAbout FinanceFinance has an important role in supporting Barclays businesses by providing high-quality planning, reporting, and accounting services. The strong control environment in which we operate is at the core of everything we do, and this is reflected in the design of our operating model and...

  • Manager – Treasury

    2 months ago

    chennai, India Saaki Argus & Averil Consulting Full time

    It is a listed company engaged in the business of Sugar and Nutraceuticals. Headquartered in a heritage building in Chennai, India, it is a part of one of India's leading business conglomerates. Founded in 1788, it has been a pioneer and leader in many fields, and being a world leader in organic spirulina and micro algal products Desirable competencies ...

  • Manager – Treasury

    2 months ago

    Chennai, India Saaki Argus & Averil Consulting Full time

    It is a listed company engaged in the business of Sugar and Nutraceuticals. Headquartered in a heritage building in Chennai, India, it is a part of one of India's leading business conglomerates. Founded in 1788, it has been a pioneer and leader in many fields, and being a world leader in organic spirulina and micro algal products Desirable competencies ·...

  • Director Treasury Finance

    2 weeks ago

    Chennai, Tamil Nadu, India Barclays Full time

    Job Title: Director - Treasury FinanceLocation: ChennaiAbout FinanceFinance has an important role in supporting Barclays businesses by providing high-quality planning, reporting, and accounting services. The strong control environment in which we operate is at the core of everything we do, and this is reflected in the design of our operating model and...

  • SSC Leader India

    3 days ago

    Chennai, India ZF Group Full time

    Req ID 66480 GBS Chennai, India    Job Family  : Corporate Accounting Reports to : VP GSSO; In-Country : CFO India Work Location : Chennai, Porur   Your Tasks:   Coordinate with GSSO Leadership, GPM organization, Corporate Global Functional Leads, regional leaders & in-country divisional leaders to continue to plan, structure,...

  • Treasury Transformation

    1 month ago

    Chennai, India Barclays Full time

    Job Title: Treasury Transformation Location: Chennai About Barclays Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank,...

  • SSC Leader India

    5 days ago

    Chennai, India ZF Group Full time

    Req ID GBS Chennai, India Job Family Corporate Accounting Reports to : VP GSSO; In-Country : CFO India Work Location : Chennai, Porur Your Tasks: Coordinate with GSSO Leadership, GPM organization, Corporate Global Functional Leads, regional leaders & in-country divisional leaders to continue to plan, structure, grow and lead a multi-billion...

  • SSC Leader India

    5 days ago

    chennai, India ZF Group Full time

    Req ID GBS Chennai, India Job Family Corporate Accounting Reports to : VP GSSO; In-Country : CFO India Work Location : Chennai, Porur Your Tasks: Coordinate with GSSO Leadership, GPM organization, Corporate Global Functional Leads, regional leaders & in-country divisional leaders to continue to plan, structure, grow and lead a...

  • Treasury Lead

    2 weeks ago

    chennai, India Saaki Argus & Averil Consulting Full time

    Manager / Senior Manager - Treasury 1. EDUCATIONAL QUALIFICATIONS ● M.Com / MBA ● Plus- Any Banking / Treasury related diploma / certificate (@ CAIIB) 2. EXPERIENCE · 12 to 15 years of experience in banking operations – Specifically In: · Corporate Banking Segment –Operations & Accounts · Corporate Credit & Monitoring &...

  • Senior Manager

    1 week ago

    Chennai, India ZF Group Full time

    Req ID 69281 Chennai, India    Job Description for Treasury Manager role   Your profile: Cash Management:Investment of surplus funds in FD/Mutual funds Development and coordination of the bank strategy and bank policy as well as managing of bank relationships. Implement, review and document appropriate Internal Controls in Treasury...