Assistant Manager Treasury

Job Description:

Job Summary: The Assistant Manager - Treasury and Accounts Payable is responsible for managing the company’s treasury functions and overseeing the processing of accounts payable. This role ensures efficient cash management, compliance with financial policies, and timely payment of vendor invoices.

Key Responsibilities:

1. Treasury Management:
• Processing timely payments to vendors and Tax authorities
• Monitor and manage the company’s daily cash position.
• Forecast cash flow requirements and ensure adequate liquidity.
• Manage banking relationships and negotiate terms for banking services.
• Oversee investment activities and ensure compliance with investment policies.
• Prepare and analyze treasury reports, including cash flow forecasts and variance analysis.
2. Accounts Payable Management:
• review accounts payable to ensure timely and accurate processing of vendor invoices.
• payment runs, ensuring compliance with company policies and procedures.
• Resolve discrepancies and issues related to vendor payments.
• Maintain and update accounts payable policies and procedures.
• Ensure proper documentation and record-keeping for all accounts payable transactions.
3. Compliance and Risk Management:
• Ensure compliance with internal controls, policies, and regulations related to treasury and accounts payable functions.
• Identify and mitigate financial risks associated with cash management and vendor payments.
• Assist in internal and external audits related to treasury and accounts payable.
4. Reporting and Analysis:
• Prepare and present regular reports on cash flow, liquidity, and accounts payable metrics.
• Prepare financial analysis to support decision-making and strategic planning.
• Collaborate with other departments to provide financial insights and support.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or a related field.
• Minimum of 5 years of experience in treasury and accounts payable management.
• Strong understanding of cash management principles and accounts payable processes.
• Proficiency in financial software and Microsoft Office Suite.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and as part of a team.

Preferred Qualifications:

• Graduate and post Graduate in relevant discipline
• Experience with ERP systems.

Working Days: Monday - Friday

Working Hours – 9 hours (US work Shift Pattern), mix of WFO and WFH. The working hours may get extended due to nature of the business.