Associate Manager/Manager-Treasury & Banking

Job Description

o Banking Management - Issuance & updation of banking policy for various group companies, Bank

A/c opening/ closure/ signatory modification.

o Cash Forecasting - Daily, monthly & quarterly cash forecasting. Daily investment & redemption of

funds. Setting EOD sweep structure. Issuance & updation of Cash flow policy for the group.

o Fund Planning - Preparation of monthly cash remittance targets of units and monitoring actuals

o Handling Interunit funding and movement of fund across locations based on requirement

o Working Capital Management, measuring and monitoring of Key performance indicators across

segments like DSO, DPO, DIO, DWC. Free Cash.

o Coordination with banks for fund based & non fund based facilities Forecasting & monitoring Bank

Guarantee, Cash credit, LC Limits for various division/companies.

o Liaising and negotiating with banks for fund and non-fund based facilities at favourable terms to meet

working capital requirements

o Analyses and review of bank charges on monthly basis. Ensure closure of unreconciled bank reco

entries.

o Banking Tie-ups for collections including rate negotiation, finalization of processes/SLA's, legal

vetting & implementation. Tie-ups include Prepaid & Postpaid Cash management (CMS) tie-up for

cash, Cheque collections, NEFT pay, Virtual Account for receivables. POS & Payment Gateway tie-

up for accepting credit & debit cards, Wallet tie-ups, UPI tie-up, Facilitating API integration with

payment partners . Key focus on Collection tie-up and processes including MIS formats required by

Collections and finance.

o Payment tie-ups including price negotiation, process design, legal vetting & implementation -

Ebanking, Host to host integration, cheque printing outsourcing, NEFT/RTGS payment systems.

Implementation of ebanking at all units through Oracle encrypted reports. Automated Bank

reconciliations, using Swift reports for daily balance reporting. Should have understanding of swift

payments and MT940

o Working closely with bank and other partners for cash collection & cash payment at locations

implementing innovative solution for better control and faster realization

o Handling corporate cards relationship, reconciliation and refilling activities.

o Ensuring timely submission of CMA data to banks and executing/vetting loan agreements with banks

o Works closely with banking partners to ensure that SLA is adhered to by the bank and the queries

raised by various stakeholders are resolved by the bank within agreed TAT

o Managing banking relationships across various banks at different levels. Holding regular meetings

with banking partners to review performance. Single point of contact for any bank dealing with

Medlife and subsidiaries. Understanding new banking products and leading implementation in

various divisions.

o Banking processes formulation for telecom and allied business. Issuing guidelines and processes

related to payment & collection a/c's, reconciliation processes, cheque outsourcing, mitigating risks &

establishing controls, Sox implementation. Circulation of various RBI notifications related to banking

and new development in collection & payment banking.

o Cash & Bank - Collection & payment bank reconciliations all bank accounts, tracing un-reconciled

items and entry for the same, petty cash reimbursement, forex payments & documentation, ECB

return submission, statutory payments including customs & Taxes

o Understanding cost drivers and work towards cost optimization by working closely with cost owners.

o Leading discussion with senior management on fund requirement, structuring subsidiary

funding/Guarantees transactions and get opinions on FEMA, cross border tax compliances,.