AKIRA Advisors LLP
Website:
akiraadvisors.in
Job details:
Job Title: Treasury Controller
Location: Hyderabad
Exp: CA with 3-4 Years & Non - CA 8-10 Years
Key Responsibilities
- Ensure timely and accurate payments for all purchase order and non‑PO expenses including vendor invoices, utilities, rent, doctors’ payouts and other operational payments.
- Prepare and update daily cash flow projections, monitor opening/closing balances and highlight any funding gaps in advance.
- Manage cash and banking operations for 19 entities covering around 60 bank accounts, ensuring optimal utilization of funds.
- Track and control daily and monthly cash outflows in line with the approved treasury cash flow budget.
- Plan and execute inter‑company fund movements to ensure optimum cash flow management and minimal idle balances.
- Deploy surplus liquidity through term deposits, loan pre‑payments or remittances to the parent company as per approved treasury strategy.
- Maintain and strengthen relationships with banks; drive automation in payment processes (bulk payments, host‑to‑host, APIs, net banking workflows, etc.) for vendor and other payouts.
- Oversee issuance, renewal and closure of bank guarantees and letters of credit, coordinate with internal stakeholders, banks and suppliers for related documentation.
- Ensure timely repayment of loans and interest as per sanction terms; maintain a clear repayment calendar.
- Review and verify interest expenses on loans and interest income on fixed/term deposits; coordinate with accounts to ensure correct accounting treatment.
- Review and approve daily payment runs and high‑value cash outflows in line with approval matrices and internal controls.
- Maintain an updated register of cheques issued and post‑dated cheques (PDCs), track due dates and clearance status.
- Ensure all bank reconciliations are completed accurately and within defined timelines; resolve open items in coordination with finance and AP teams.
- Liaise with the Accounts Payable outsourcing partner for smooth invoice processing, payment runs and query resolution.
- Prepare monthly consolidated cash flow reports and analysis for all entities, including variance analysis against budgets and forecasts.
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