Manager - Treasury || Lenskart

Job description

Roles and Responsibilities :


  • Coordinate with the AP and Treasury team to drive end to end payment process for the entire business at Lenskart (Stores, Plant, Corporate and International business) and ensure smooth payments within TAT along with visibility to relevant process owners
  • Develop SOPs, implement and maintain systems, procedures and policies to ensure adherence to company guidelines
  • Variance analysis, payment trend and expense trend preparation and analysis
  • Interacting with Internal/Statutory auditors and ensuring timely closure of audits
  • Forecasting weekly/monthly payments along with plotting variances and highlighting anomalies to management
  • Active engagement with key stakeholders such as Auditors, Treasury, Procurement, Finance & Operating Leadership
  • Identifications and implementation of process driven systems in place including the automation/tech enables to enhance efficiency
  • Management of long and short term cash flows and working capital/liquidity management
  • Managing balance sheet and day-to-day liquidity to support the business needs
  • Investment of short term cash surplus in money market instruments/other investment opportunities and making suitable recommendations
  • Preparation of board level cash and other risk management reporting
  • Managing day-to-day cash and treasury activities in line with the delegation of authority
  • Management of the month end reports and daily activities in treasury and supporting the month end process
  • Ensure regulatory/compliance returns and complete
  • Ensuring adherence to investment and foreign exchange policy of the company along with timely tracking/ updation of the same
  • Carrying out hedging transactions through forward covers/other permissible instruments in line with forex risk management policy
  • Driving & monitoring forex risk coverage plus impact on company's P&L , along with suitable recommendations for taking forward contracts and publishing requisite dashboards to provide visibility to all stakeholders
  • Managing term loan & working capital loan related compliances with banks and ensuring strict adherence to covenants. Publishing suitable reports on compliance to all stakeholders
  • Insurance Management - Ensuring adequate cover of all assets and renewals at plant and other locations.

Job requirements

Desired Candidate Profile :

  • Candidate should have 4 to 8 years of experience in banking/ treasury management
  • Candidate having experience with a banking organization and / or in forex management will be preferred.