Experience of 8 –
12 years
Job Description:
·
Since the
Treasurer serve as the Financial Risk Manager that seek to protect a
company's value from the financial risks it faces from its business
activities. The person should be able to manage risks which can arise from many
sources mainly being Financial, the role requires an understanding of many
areas of business and the ability to communicate with a variety of financial
professionals.
·
Should be
able to manage several key risks related to changes in interest
rates, Credit/ Currency /Commodities and Operations.
·
Daily review
and control of Cash and Bank Books across all the companies
·
Ensure all
the companies are following a proper Fund / Cash flow as per Budgets and if any
Variances report at right level of management
·
Improve the
Finance cost of each organization borrowing
·
Sound
Knowledge of ERP and able to Multi task
·
Good in
Correspondence with all levels of management
Liquidity Risk
·
Perhaps the
most important risk that must be managed is Liquidity risk ( Cash in and
Cash outflow ) or to oversee the risk that the company should not run out of
cash either from insufficient revenue / excessive expenditure, or the
inability to access funds from banks and other external sources. The inability
to meet payment obligations as they are due can mark the end of a company if
its creditors sell off its assets to pay corporate debts.
Credit Risk
·
Actively
managing surplus cash that can be invested to earn interest, and the ability to
ensure that those issuing or insuring securities are financially sound and
credit-worthy.
Currency Risks
·
Effectively
handling the currency risk, as exporting companies face
currency transaction risk when they translate proceeds from foreign
sales into their home currencies.
Interest Rate Risk.
·
Managing
Interest rate risk since borrowing at variable interest rates allows
companies to pay less if market interest rates fall, but raises their costs if
rates go up.
Operational Risk
·
Should be
able to deliver on the financial risks which are external risks as well on
operational risk which is an internal treasury
risk as inadequate operational controls could lead to a loss of company value.
In a well-controlled treasury, such functions would be segregated
Risk
Policies
·
Should be
able to formulate a set of board-approved policies that define the methods
allowed to manage the above risks and the discretionary powers of the treasurer
and other authorized personnel
Send your updated resume dharmendra@karmaasolutions.com
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