Job Code: TFT-FIN-466
Position Type: Full Time
Department: Finance
Location: Bangalore
CLIENT PROFILE
Our Client is an international sporting goods retailer dedicated to making sports accessible for the many. They design, produce, and distribute a wide range of high-quality and affordable sporting goods across a variety of disciplines. Their mission is to make sporting passions accessible to everyone, regardless of their age, level, or budget.
Role and Responsibilities
- Payment solutions and support to Business (Retail, Online and B2B)
To support payment solutions across Retail, Online, and B2B channels to support seamless operation
Implement Static and Mobile POS (Point of Sale) solutions in collaboration with IT and Finance
Partner with banks & payment gateways for EDC setup, virtual accounts & card collections
Oversee cash pickup arrangements, MIS reporting, and reconciliation
Negotiate banking fees, card commissions, and payment processing costs
Standardize payment solutions, SOPs, and issue resolution processes
Train store teams on treasury best practices & fraud prevention - Cash & Liquidity Management
Oversee organization-wide daily cash flow to maintain liquidity
Develop and implement cash forecasting models for optimal cash positioning
Manage surplus and deficit through strategic investments and borrowings to ensure efficient cash utilization - Banking & Financial Operations :
Manage banking relationships to optimize account structures and cost efficiency
Oversee online banking platforms for seamless payments, collections, and reporting
Manage FX transactions and implement hedging strategies for international operations
Coordinate the issuance of Demand Drafts (DD), Bank Guarantees, and Letters of Credit - Invoice Processing and Payment Management
Oversee team to ensure timely and accurate payment processing in compliance with validation and approval metrics
Oversee fund planning to ensure sufficient bank balances for payments.
Ensure regular payment accounting and resolve BRS discrepancies promptly
Evaluate and implement banking system integration with ERP to minimize manual errors - Working Capital & FX Management:
Prepare A/R and A/P reports with insightful analysis for informed decision-making
Monitor, hedge, and report FX exposures, providing Hedging and Mark-to-Market reports to management and auditors
Coordinate with banks, logistics, and accounting teams to ensure IDPMS & EDPMS compliance with RBI regulations - Reporting & Analysis :
Oversee month-end Treasury close activities, including Cash flow Actuals, 12M Rolling Forecasts, Bank Balances, Fixed Deposits, Bank Guarantees, and Credit Facilities, for internal management and Group Treasury
Prepare Treasury Committee meeting decks and maintain meeting minutes.
Analyze and report the monthly performance of payment modes to support management decisions - Investment and Debt Management
Monitor market rates to ensure company policy-compliant investments and borrowings
Oversee debt covenant management and ensure timely reporting - System and Process Optimisation:
Drive process enhancements to reduce manual effort and improve accuracy.
Ensure seamless integration of banking and channel partner transactions with ERP and financial system
Collaborate with Group Treasury on TMS initiatives to optimize bank accounts and minimize banking fees
Qualifications:
- Bachelors/Masters degree in Accounting, Finance, or certification from CFA/ CTP
- 3-5 years of experience in Treasury or Corporate Finance with exposure to cash management, financial risk management preferably in a retail sector / MNC.
Skills:
- Strong understanding of cash flow management, financial instruments, and banking operations
- Proficiency in Excel, financial modelling, forecasting, and risk analysis
- Good Presentation skills, Strong Negotiation skills
- Persuasive Communication skills and excellent stakeholder management abilities
- Knowledge of foreign exchange (FX) hedging, debt management, and investment strategies.
- Experience with treasury management systems (TMS), ERP platforms, and Excel (advanced functions, macros, VBA is a plus).
- Strong analytical, problem-solving, and attention-to-detail skills.
Additional Notes
This role requires a deep understanding of retail store operations to provide effective payment solutions and optimize store financing structures. It also requires oversee of cash flow, liquidity, banking relationships, and financial risk management, Support
working capital management and strategic financial planning at organisation level, including subsidiaries.
CTC Range
15L
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