Senior Manager - Treasury

  • Chennai
  • Confidential
  • 5-8 years
  • 03 Aug 2015

  • Treasury

  • Automobile/ Auto Components
Job Description

1. Supervision and Leading Treasury Settlements team

Ensure that confirmation, settlement, contract administration of Treasury / financial transactions are implemented in accordance to group concepts and guidelines using group standard platform and interfaces, wherever possible

Design and exercise of robust Business Continuity Plan (BCP) to ensure critical tasks can be performed in events of disaster or core system is down/unavailable

Implement effective deputy and delegation protocols

Lead the Treasury Projects as and when it is rolled over in India

2 Provision of treasury administration services

Preparation and maintenance of bank signatory guidelines, authorized dealers list, list of authorized signatories, bank accounts, maintenance of counter-party and static data required for Global Treasury System (GTS)

Work with key business partners (Front office, Accounting etc.) to ensure high level and value-added services

Ensuring accurate static data of all four entities and respective counter-parties (settlement instructions, confirmation contacts etc.) are saved and shared

Responsible to monitor accurate and timely finance contracts/agreements administration and documentation (i.e. interest rate fixing, IC loan documentation, debt/swap administration etc).

Online Banking Administration for all Daimler companies in India

3 Industrial / vendor payment process and payment authorization

Responsible to work jointly with Treasury front office and Accounting to streamline and automate industrial payment process and rationalization of payment platforms channels .

To process foreign exchange remittances and coordinate with banks to ensure meeting and compliance of all statutory aspects relating to foreign exchange remittances

To act as payment releaser and ensure backup matrix for all payments (Treasury and non-treasury)

4. Process integration and finance / operational excellence

Continuous collaboration with Treasury Front Office, Accounting, regional Center to ensure operational efficiency and effectiveness and harmonization / alignment with roles and responsibility
Ensure achievement of agreed targets and KPIs
Support Group strategies in automation & bundling

5 Adherence & compliance to internal controls / group guidelines / Statutory compliance

Support treasury process reviews, ICS compliance testing's and remediation of internal/external audit points.

Formulation and implementation of operations manual and workflows in coordination with all concerned.

Ensure that Settlements function is properly aligned with Daimler guidelines. Ensure all Daimler compliance and Internal Controls are defined, implemented and continuously monitored.

Proactively keep a track of the latest and proposed changes in the regulatory environment and ensure compliance with them

6. Personnel management

Lead, motivate, develop the team by target agreement and performance evaluations on the basis of mission statements.

Identify training needs for team members and encourage continuous learning and knowledge enhancement

Ensure effective and timely internal communication and guarantee that the agreed upon goals are achieved

Building and developing intra-team dynamics and fostering harmonious and productive work relationship with key business partners

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