Senior Treasury Manager - Hitachi Payment Services Pvt. Ltd.

Designation: Senior Manager

Company:Hitachi Payment Services Pvt. Ltd.

Location: Mumbai, India

Salary: As per Industry

Company Overview:

Hitachi Payment Services Pvt. Ltd. is one of India's leading payment and commerce solutions providers, delivering end-to-end payment infrastructure and technology solutions to banks, fintechs, merchants, and payment aggregators. The company operates as a100% subsidiary of Hitachi, Ltd. (Japan) and is part of Hitachi's Social Innovation Business.

Job Purpose:

We are seeking a seasoned Senior Treasury Manager to lead our treasury operations and optimize our financial resources. The ideal candidate will have a deep understanding of treasury management principles, risk management, and financial markets. This role will be instrumental in ensuring the company's financial stability, liquidity, and profitability.

Key Responsibilities:

1.Treasury Management:

• Oversee the daily treasury operations, including cash management, short term / long term borrowings, and foreign exchange.

• Develop and implement treasury policies and procedures to ensure compliance with regulatory requirements and internal controls.

• Monitor and manage cash positions to optimize liquidity and minimize costs.

• Implement effective cash forecasting and planning processes.

• Manage bank relationships and negotiate optimal terms for banking services.

• Arranging Bank Guarantees time to time and ensuring renewals on periodic basis in discussion with business team / AR Team.

• Timely renewal of facilities with different banks and managing documentation.

2. Risk Management:

• Identify, assess, and mitigate treasury-related risks, including market, credit, liquidity, and operational risks.

• Develop and implement risk management strategies and controls.

• Monitor market trends and economic indicators to assess their impact on the company's financial position.

3. Foreign Exchange:

• Manage foreign exchange exposures and execute foreign exchange transactions to optimize currency positions.

• Implement hedging strategies to mitigate foreign exchange risk

• Monitor foreign exchange market trends and regulatory changes.

4.Financial Reporting:

• Prepare accurate and timely financial reports related to treasury activities.

• Provide insightful analysis and recommendations to management on treasury performance

Qualification & Work Experience:

• Advanced degree (MBA or CFA, CA Inter) preferred.

• Minimum of 7 years of experience in treasury management, with a strong focus on cash management, borrowings, and risk management.

• Proven track record of leading and managing treasury teams.

• In-depth knowledge of banking regulations, and accounting standards.

  Strong analytical and problem-solving skills.

  Excellent communication and interpersonal skills.

  Proficiency in treasury management systems and financial modelling tools.

  Should have sound knowledge of SAP and financial accounting from treasury perspective.