Treasury Specialist

Company DescriptionThe QIMA story At QIMA, we are on a mission to offer our clients smart solutions to make products you can trust. Operating in over 100 countries, we serve the consumer products, food, and life sciences industries and help more than 30,000 brands, retailers, manufacturers, and growers achieve quality excellence. We combine on-the-ground expertise with digital solutions that bring accuracy, transparency and intelligence for quality and compliance data. What sets us apart is our unique culture. Our 6,000 Qimates live and make decisions every day by our QIMA Values.

With client passion, integrity, and a commitment to making things simple, we disrupted the Testing, Inspection, and Certification industry.

Are you ready to hop on this exciting ride with us and help us achieve our mission?Job DescriptionThe JobYour Responsibilities Will Be, But Not Limited ToCash ManagementUnlock 13-week forecasts every second Monday of the month for Cash Flow Owners data populationLock 13-week forecasts every second Thursday of the monthInitiate in online banking platforms cash centralization of all excess funds after reviewing forecasted Ending BalancesRequest Loan Agreements for intercompany loans via the JURO platformPayments and FundingInitiate in online banking platforms all entity funding based on forecasts and lists of actual payablesInitiate online banking platforms all third-party loan interests, repayments, and other financing dues.

Initiate in online banking platforms all earn-outs, closing payments, and other acquisition-related payments. Monitor payment approvals and completion status for all initiated transactions via the tracking spreadsheet. Resolve issues, as and when they arise. Send proof of payments or transfers to concerned partiesBanking ManagementServe as primary administrators on online banking platformsAssist on Loan Summary presentation and Bank Confirmation for external auditPrepare necessary bank forms for loan drawdowns, loan rollovers, and prepayments (if any). Serve as primary contact for banks on day-to-day payments or process issues.

Maintain strong bank relationships while managing global banking structureMonth-End ClosePrepare interest invoices of intercompany loans for the groupSubmit a signed ECB Return form for HSBC India for intercompany loansPrepare interest accruals of third-party loansPrepare FX rates, ensure accurate upload to Netsuite, and monitor successful import of rates in all Cash Flow reports. Account for all month-end bank balances through bank statementsReconcile month-end bank balances against cash book balances in NetSuiteAccount for all current and non-current bank borrowings through loan agreements, loan schedules, or other certified documentation.

Reconcile bank borrowings against reported numbers in NetSuiteSubmit Net Debt Summary to Consolidation teamCompliance and Controls: Ensure compliance with company policies, local regulations, and international financial standards. Maintain and improve treasury-related policies, procedures, and internal controls. Process Improvement: Identify opportunities for automation and process enhancements within the treasury function. Collaborate with other departments to streamline treasury operations. QualificationsIt could be you, if you have: Bachelor’s degree in Finance, Accounting, Economics, or related field. 3-4 years of experience in treasury, finance, or related roles. Knowledge of banking management. Awareness of financial instruments, cash management principles, and risk management.

Excellent analytical, problem-solving, and decision-making skills. Proficiency in Microsoft Office Suite, particularly Excel. Strong communication and interpersonal skills. Attention to detail and ability to work under pressure. It Also Helps If YouAre familiar with specialized Oracle NetSuite accounting software