Prepare weekly and monthly cash flow reporting and forecasting for assigned entities by using our Treasury Management System.
Liaise with various internal departments for receiving monthly payment forecast + 3 month forecast and provide in cash flow file for analysis.
Prepare cash positions to analyze and approve weekly payment proposals and for reviews during meetings with global Treasury.
Assist with preparation of short and long-term cash flow budget and forecast reports as required.
Connect with the collections team periodically to understand the collection status in case of shortfall of funds in any markets.
Prepare accrued interest working on monthly basis for interest bearing accounts.
Manage short term and long term investments based on liquidity. Negotiate with banks to identify new investment products and competitive conditions.
Identify and negotiate with banks to reduce bank charges wherever possible.
Interact with Global Treasury to report cash flow figures and provide ad-hoc information about liquidity and payments.
Participate in automatization of bank statements, Reports, client virtual accounts, SAP testing, H2H testing, etc.
Assist to open new bank or close existing bank accounts remotely, as per company requirements.
Perform thorough market analysis for new regions regarding USD reserves, Bank ratings and charges, Central bank policies, local challenges etc. before starting operations or incorporating the business.
Deal with local regulators, bank and legal consultants in order to comply with regulatory processes and look for solutions to arising challenges in cross border payments.
Requirements
A Bachelors Degree or higher in Accounting & Finance, Commerce, Business Administration or other relevant fields
3-6 years of experience within the field
Excellent proficiency with Microsoft Excel
Strong proficiency and knowledge of Banking, Cash Flows, Payments and Reporting
Prior experience working with markets outside India is a strong plus
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