Head Treasury, Taxation and Insurance
Employment Type : Permanent
Location : Mumbai
Key Skills : Treasury, Taxation, Cash flow management, Investment, Fund Raising, Hedging
Detail Job Profile :
If this opportunity does not align with your current interests, we kindly ask you to consider sharing this job description with your network, as someone within your connections may benefit greatly from it.
Email:pmcplconsultant@gmail.com |cv@pmcpl.com
About Client- Manufacturing and Distribution Oil and Gas
______________________________________________________________________________
Position: Head Treasury, Taxation and Insurance
Location: Mumbai
Reporting to: Director Finance/ CFO
Reportees: 5
Criteria: CA with 12+ years Treasury, Taxation and Insurance
Competencies:
Process Orientation, Team Leadership, Result Orientation, Collaboration & Influencing
Prerequisite:
Prior experience in managing Treasury function/ sub functions
Job Purpose:
Will be responsible for managing the treasury functions and fund requirements of the company, as well as handling the taxation and insurance needs. Should have excellent interpersonal skills, with adaptability and innovative thinking.
Key Responsibilities:
-
Lead and frame the overall strategy for the Treasury function for Company in line with the long term outlook and objectives of the business
-
Developing financial strategy for new projects in close coordination with internal stakeholders and presenting proposals to the Board.
-
Participate in bid discussions, finalisation of financing model for bid submissions, contract finalisation, achieving financial closure and refinancing of existing debts etc at most competitive terms, monitoring the capex phasing/project funding etc.
-
Raising of funds through bonds & debentures, documentation, compliance of covenants etc.
-
Participate in various strategic discussions with Senior leadership for effective decision making.
-
Manage fund flows and working capital for ensuring optimum allocation and utilization of funds
-
Ensure profitability for the business from all treasury activities within risk parameters and regulations
-
Close liasoning with Banks and Financial Institutions to raise long term & short term funds and non-funded facilities for meeting the financial requirements of the company and liasoning with investment bankers, consultants, law firms.
-
Cash planning, managing day-to-day liquidity/investments of short term surpluses, to meet the repayment obligations of the company on due dates.
-
Compliance with FEMA/ODI/FDI/ECB guidelines to ensure appropriate Forex Risk Management/ Hedging. Dealing with Overseas investments/disinvestments and for RBI approvals if required.
-
Drive the interaction with rating agencies for obtaining/annual surveillance of external credit rating to guide the organization and other subsidiaries/JVs.
-
Maintain strong relationships with banks, rating agencies, investment banks etc to ensure strong organizational relationship with financial institutions.
-
Lead special initiatives like M&A, Equity fund raising/IPO, divestments, and restructuring as required to meet the organizational mandate.
-
Supervise the Taxation function (both direct and indirect), guide and lead the taxation team for strict compliance of statutes and empower the team for performance excellence. Frame strategy for settlement of disputes at various forums, advance rulings, liaise with lawyers/consultants for tax litigation matters and ensure swift closure of disputes, tax optimisation within the legal framework, obtain refunds etc.
-
Understand insurance matters and recommend right type of coverage for organization’s assets and facilities and ensure optimum and adequacy of cover.
-
Experience in handling of Accounts, Audit, Budget & MIS etc in SAP environment will be an added advantage
Please follow our company page: https://www.linkedin.com/company/pioneer-management-consultant-pvt-ltd
For Latest Updates on Job Opportunities, Interview Tips, Latest Trends in Hiring Process& many more
Interested candidates are requested to please share their resumes, please mention your total experience in this field, your current ctc [fixed, variable, take home], your expectation, and your notice period.
Pl note: Our client have stringent reference check policy, so pls do not provide any mis-leading information nor do suppress any information.