Thursday , October 13 2016
Home / Jobs / VP – Treasury

VP – Treasury


Spandana Sphoorty Financial Limited

5 – 10 yrs Hyderabad / Secunderabad

Job Description:

– CA / ICW / MBA

– Time Management, Ability to Handle Pressure, Attention to Detail, Business Understanding, Team Management

– 6-8 years post qualification, Cash Management / Financial Planning and Analysis experience preferably in retail banks / NBFCs

– Ensures adherence to department budget so as to avoid over spill of budgeted costs

– Provides inputs to CFO for preparation of the annual Treasury budget

– Tracks expenses versus budgets and highlights variances (if any)

– Develops effective plans for fund and cash flows so as to minimize cost of funds for the organization

– Projects future cash and fund flows based on historical inflow/outflow data, inputs from ZMs on branch expansion, disbursement plans and repayment schedules for banks; Consults with CFO on the same

– Sends this requirement to VP-Finance to help plan for the funds

– Ensures funds are in place for day to day operations and repayments

– Ensures timely investment of funds in appropriate areas so as to minimize excess / idle funds at all levels of the organization

– Decides on usage of current cash credits in anticipation of significant cash inflows

– Makes pre-payments to the banks after getting approvals from the bank

– Decides which fixed deposit, mutual fund / category of mutual fund to invest the excess cash in done on a day to day basis

– Responsible for timely and accurate repayment to all banks so as to fulfill our debt servicing obligations

– Collects and Collates repayment schedules from banks when a loan is taken and adds it to the database

– Prepares a day-wise demand sheet and gives it to Manager Payments

– Authorizes payment which is initiated by the Manager

– Ensures timely and accurate deployment and recovery of funds from branches so as to minimize the presence of idle funds at all levels

– Ensures collection and collation of branch requirements data from branches

– Ensures inputting of the disbursal transaction into E-Net

– Authorizes the transaction after conducting an accuracy check

– Ensures that ranches are intimated about the transfer

– Ensures collection of branch level daily cash and bank balances along with the details of next 2 days disbursement and recoveries which is used to arrive at the excess cash and bank balance at the branch level (Done by treasury Analyst)

– Ensures the excess fund will be deposited in the excess account – checked at an overall level through HO internet banking facility

– Facilitates accurate payment of statutory dues, vendor dues and salaries

– Receives information regarding salaries and statutory dues from concerned departments duly approved by HOD along with the supporting s; (For vendor payments ensures receipt of this information)

– Ensures relevant payments are forwarded to Accounts for tax clearance or TDS deductions

– Authorizes the payments

– Facilitates provision of relevant vouchers, reports and supporting documents to Accounts for all transactions so as to facilitate the accounting and audit requirements

– Ensures creation of vouchers for all payments and receipts along with a day wise summary report

– Ensures it is sent to the Accounts department along with the supporting’s

– Assists auditors regarding relevant areas

– Responsible for recruitment, retention, skill development, growth and satisfaction of team

– Creates a recruitment plan for the department, and ensures recruitment happens as per plan

– Ensures appropriate training and development interventions

– Conducts timely and transparent appraisals

– Conducts monthly 1:1s with direct reports

– Actively manages vertical and horizontal career development of team

– Conducts semi-annual skip level 1:1s with all indirect reports

Meetings :

– Weekly Update meeting with CFO

– Monthly review meeting with direct reports

– Quarterly review meeting for all HODs / ZMs

Salary: Not Disclosed by Recruiter
Industry:Accounting / Finance
Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Senior Management


Accounting Finance Internet Banking Analysis Budgeting Vendor Payments Auditing TDS Mutual Funds Cash Management Financial Planning Treasury

Desired Candidate Profile:


UG: Any Graduate – Any Specialization
PG:CA, ICWA(CMA), MBA/PGDM – Any Specialization
Doctorate:Doctorate Not Required

Company Profile:

Spandana Sphoorty Financial Limited
Leading Client of Spandana Sphoorty Financial Limited

View Contact Details

Read Also


Recruitment For Electrical Engineer In Dubai