Dharmendra Chauhan
Experience of 8 – 12 years
Job Description:
· Since the Treasurer serve as the Financial Risk Manager that seek to protect a company's value from the financial risks it faces from its business activities. The person should be able to manage risks which can arise from many sources mainly being Financial, the role requires an understanding of many areas of business and the ability to communicate with a variety of financial professionals.
· Should be able to manage several key risks related to changes in interest rates, Credit/ Currency /Commodities and Operations.
· Daily review and control of Cash and Bank Books across all the companies
· Ensure all the companies are following a proper Fund / Cash flow as per Budgets and if any Variances report at right level of management
· Improve the Finance cost of each organization borrowing
· Sound Knowledge of ERP and able to Multi task
· Good in Correspondence with all levels of management
Liquidity Risk
· Perhaps the most important risk that must be managed is Liquidity risk ( Cash in and Cash outflow ) or to oversee the risk that the company should not run out of cash either from insufficient revenue / excessive expenditure, or the inability to access funds from banks and other external sources. The inability to meet payment obligations as they are due can mark the end of a company if its creditors sell off its assets to pay corporate debts.
Credit Risk
· Actively managing surplus cash that can be invested to earn interest, and the ability to ensure that those issuing or insuring securities are financially sound and credit-worthy.
Currency Risks
· Effectively handling the currency risk, as exporting companies face currency transaction risk when they translate proceeds from foreign sales into their home currencies.
Interest Rate Risk.
· Managing Interest rate risk since borrowing at variable interest rates allows companies to pay less if market interest rates fall, but raises their costs if rates go up.
Operational Risk
· Should be able to deliver on the financial risks which are external risks as well on operational risk which is an internal treasury risk as inadequate operational controls could lead to a loss of company value. In a well-controlled treasury, such functions would be segregated
Risk Policies
· Should be able to formulate a set of board-approved policies that define the methods allowed to manage the above risks and the discretionary powers of the treasurer and other authorized personnel
Send your updated resume dharm...@karmaasolutions.com