SH - Accounts Payable, Audit & Consolidation

Job Purpose

To plan, organize and perform treasury activities related to Cash Flow, borrowings, debt servicing, maximizing yield on short term investments from surplus cash and effective utilization of cash in a manner consistent with the objectives of the Company.

Job Context & Major Challenges

Job Context:
The combined production capacity of all India units is 3,46,000 MT p.a. with a combined Sales Turnover of Rs.2,502 Crs. Banking, Treasury, Insurance, Finance and Commercial function for all the three units is centralised at Regional office situated at Gummidipoondi. All activities related to Banking, Treasury and Insurance are carried out at Regional office.

Job Challenges:
•To estimate daily cash inflow, cash outflow and prepare DFR
•To transfer funds based on requirement for payment and investment
•To prepare bank limits Vs utilization on daily basis
•To open Letter of Credit & Bank Guarantee bas...