Assistant Treasury - Manager

Assistant Manager Finance (Treasury)Godrej AgrovetMumbai, Maharashtra, IndiaJob Title: Assistant Manager - Finance (Treasury)Job Type: Permanent, Full-timeFunction: Treasury, FinanceBusiness: Godrej Agrovet Location: Mumbai, Maharashtra, IndiaAbout GIG:At the Godrej Industries Group, we are privileged to serve over 1.1 billion consumers globally through our businesses with market leadership positions in the consumer products, real estate, agriculture, financial services and chemicals industries.About Godrej Agrovet:Godrej Agrovet Limited (GAVL) is a diversified, Research & Development focused agri-business Company dedicated to improving the productivity of Indian farmers by innovating products and services that sustainably increase crop and livestock yields. GAVL holds leading market positions in the different businesses it operates - Animal Feed, Crop Protection, Oil Palm, Dairy, Poultry and Processed Foods. GAVL has a pan India presence with sales of over a million tons annually of high-quality animal feed and cutting- edge nutrition products for cattle, poultry, aqua feed and specialty feed. Our teams have worked closely with Indian farmers to develop large Oil Palm Plantations which is helping in bridging the demand and supply gap of edible oil in India. In the crop protection segment, the company meets the niche requirement of farmers through innovative agrochemical offerings. GAVL through its subsidiary Astec Life Sciences Limited, is also a business-to-business (B2B) focused bulk manufacturer of fungicides & herbicides. In Dairy and Poultry and Processed Foods, the company operates through its subsidiaries Creamline Dairy Products Limited and Godrej Tyson Foods Limited. Apart from this, GAVL also has a joint venture with the ACI group of Bangladesh for animal feed business in Bangladesh.For more information on the Company, please log on to www.godrejagrovet.com.Roles & Responsibilities:Key Responsibilities Cash Flow Management:Monitor daily cash flow and ensure adequate liquidity to meet operational needs.Forecast cash requirements, align them with business cycles, and manage surplus cash for optimum yield.Implement efficient cash flow strategies, including accelerating receivables and managing payables. Funding and Investment Management:Source short- and long-term funding, including lines of credit, loans, and bond issuances if needed.Identify investment opportunities to enhance returns on excess cash, balancing risk and liquidity needs.Optimize debt-to-equity ratio and manage cost-effective financing solutions. Working Capital Management:Collaborate with procurement, production, and sales teams to manage working capital.Analyze and optimize inventory levels to balance production demands and financial efficiency.Implement strategies to improve accounts receivable (AR) and accounts payable (AP) cycles. Risk Management:Develop policies to mitigate financial risks, including foreign exchange, interest rate, and commodity price risks.Use hedging and other financial instruments where appropriate.Ensure compliance with financial regulations and internal risk management policies. Banking and Relationship Management:Maintain strong relationships with banks, financial institutions, and investment partners.Negotiate fees, terms, and services with banking partners to optimize costs and improve service levels.Conduct periodic reviews of banking arrangements and seek new opportunities for improvement. Reporting and Analysis:Prepare treasury reports and forecasts for senior management, including cash flow, debt status, and risk exposure.Conduct variance analysis against budgets and forecasts, identifying trends and recommending actions.Support external reporting requirements, such as financial statement disclosures and compliance reports.Key Skills: Financial Acumen: Strong understanding of corporate finance, capital markets, and investment analysis.Analytical Skills: Ability to interpret financial data, assess risk, and forecast financial outcomes.Technical Knowledge: Proficiency in treasury management systems, financial modeling, and enterprise resource planning (ERP) software.Communication and Negotiation: Strong skills in negotiating with banks and conveying financial insights to stakeholders.Regulatory Awareness: Knowledge of financial regulations, accounting standards, and compliance requirements.Problem-Solving: Ability to devise effective solutions to financial challenges, particularly in managing liquidity and risk.Educational Qualification:MBA – Finance or CA Experience:Financial Acumen: Strong understanding of corporate finance, capital markets, and investment analysis.Analytical Skills: Ability to interpret financial data, assess risk, and forecast financial outcomes.Technical Knowledge: Proficiency in treasury management systems, financial modeling, and enterprise resource planning (ERP) software.Communication and Negotiation: Strong skills in negotiating with banks and conveying financial insights to stakeholdersIf this sounds like a role for you, apply now!We look forward to meeting you.