Dakrish Solutions Pvt. Ltd.
Website:
dakrishsolutions.com
Job details:
Treasury Director
Function: Finance – Treasury
Location: Chennai, India
Experience: 15+ years
About the Role
We are looking for an experienced Treasury Director to lead global treasury operations across multiple entities, currencies, and geographies.
The role will have end-to-end ownership of cash management, liquidity planning, banking relationships, foreign exchange management, working capital partnership, treasury controls, and reporting. The Treasury Director will work closely with senior finance leadership, regional finance teams, banking partners, AR/business teams, and other stakeholders to ensure strong liquidity, effective risk management, and disciplined treasury operations.
Key Responsibilities
Global Cash & Liquidity Management
- Lead daily cash positioning and global liquidity management across multiple entities.
- Develop and maintain short-term and long-term cash flow forecasts and monitor variances.
- Build integrated cash flow models covering O2C, P2P, Capex, and debtor commitments.
- Optimize working capital, surplus fund deployment, intercompany funding, and liquidity.
- Oversee cross-border fund transfers and repatriation in accordance with applicable regulations.
- Partner with finance leadership on cash pooling, funding requirements, and liquidity reporting.
Banking Relationship Management
- Own strategic relationships with global and regional banking partners.
- Lead negotiations related to banking terms, pricing, credit facilities, and other banking arrangements.
- Oversee banking documentation, KYC, regulatory requirements, and compliance.
- Evaluate and implement banking products and solutions supporting business growth.
- Manage credit facilities, bank guarantees, letters of credit, factoring arrangements, and other banking instruments.
Foreign Exchange & Risk Management
- Lead management of foreign exchange exposure arising from client billing, vendor payments, and intercompany transactions.
- Develop and execute appropriate FX hedging strategies, including forward contracts and other instruments.
- Monitor currency markets and advise senior leadership on exposure and hedging decisions.
- Ensure all FX transactions and hedging activities comply with applicable regulatory requirements.
- Liaise with banks on forex deals, rate negotiation, and settlement.
Receivables & Working Capital
- Partner with AR, billing, and business teams to monitor receivables health and DSO trends.
- Identify significant collection risks and their potential impact on cash flow.
- Incorporate receivables and collection trends into liquidity and working capital planning.
- Escalate significant overdue exposures and risk concentrations to senior leadership.
- Evaluate treasury solutions such as factoring and LC-backed structures where appropriate.
- Coordinate with global finance teams on cross-border invoicing and collection matters having forex or funding implications.
Treasury Governance, Controls & Reporting
- Ensure treasury operations comply with applicable statutory and regulatory requirements.
- Establish and maintain strong treasury policies, SOPs, controls, and governance frameworks.
- Oversee monthly and quarterly reporting covering cash position, liquidity, forex exposure, and banking activities.
- Support internal and statutory audits related to treasury, banking, and forex.
- Drive process standardization and continuous improvement across treasury operations.
- Lead or support treasury technology, TMS, ERP, and process-transformation initiatives.
Requirements
- 15+ years of progressive experience in Treasury, Cash Management, or Corporate Finance, preferably within IT services, consulting, or a global organization.
- Strong experience in global treasury operations, liquidity management, cash forecasting, and working capital management.
- Proven experience managing banking relationships, credit facilities, KYC, and banking documentation.
- Strong knowledge of forex management, hedging instruments, and regulatory requirements.
- Hands-on experience developing cash flow models covering O2C, P2P, Capex, and debtor commitments.
- Experience partnering with AR and business teams on receivables and working capital.
- Working knowledge of Treasury Management Systems (TMS), SAP/Oracle ERP, and advanced Excel.
- Experience working across multi-currency and multi-entity global organizations.
- Exposure to US, Europe, and/or LATAM operations is an advantage.
- Strong leadership, stakeholder management, negotiation, analytical, and communication skills.
- Ability to work effectively with senior leadership, global finance teams, and external banking partners.
Preferred Qualifications
- CA / MBA (Finance) / CFA / CTP or equivalent professional qualification preferred.
Leadership Profile
The ideal candidate should be a strategic treasury leader who combines strong financial discipline with hands-on execution. The individual should be comfortable managing complex global cash flows, banking relationships, currency exposure, and liquidity requirements while driving stronger controls, reporting, and treasury processes across the organization.
Click on Apply to know more.
